Altrades Packaging Ltd

Altrades Packaging Ltd, based in Guildford, UK, is a small, active company founded four years ago. With seven employees and £536,121 in assets, it’s a family business operating from a real address. Led by one director and owned by two individuals, the company has a respectable Google rating of 4.0 based on twelve reviews. It's an irregular importer, primarily dealing with paper and paperboard products, with recent import activity recorded just two months ago.

The company's website is currently unavailable, making it difficult to ascertain the specifics of its operations beyond its import activities. However, it appears to be involved in packaging supplies, potentially serving businesses in the local area.

Financially, Altrades Packaging Ltd presents a mixed picture. While current assets decreased by 2.7% to £540,000, bank borrowings increased by 6.4% to £290,000. Staff costs rose significantly by 17% to £160,000, likely reflecting increased demand or operational expansion. Trade debtors also increased by 14% to £190,000, which could indicate a shift in payment terms or a larger volume of sales. However, creditors decreased by 14% to £67,000, suggesting improved debt management. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial data is unaudited.

Overall, Altrades Packaging Ltd seems to be navigating a period of growth, but the increase in staff costs and trade debtors warrants careful monitoring. The company’s family-run structure and local presence likely contribute to its agility, but the financial data suggests a need to balance expansion with prudent financial management.

Registered in England/Wales under the registration number 13152895, with a registered address at GU2 8HA, England, Guildford, The Warehouse, Westway.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.