A.m. Packaging Limited

Am Packaging Ltd from Gainsborough UK: medium company, holding company, active status, founded 44 years ago, 114 employees, £7,584,021 assets, yearly revenue: £11,559,449, real address, 5 directors, 1 owner. Regular importer of machinery, boilers, and mechanical appliances; parts (129 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (179 months exported). It’s a well-established business operating out of Gainsborough, Lincolnshire, with a solid history spanning over four decades. As a medium-sized company – meeting two of three conditions with turnover under £36 million, balance sheet total under £18 million, and fewer than 250 employees – it’s positioned to be both agile and stable. The holding company structure suggests a broader investment strategy, and the active status indicates ongoing operations.

The company’s core business revolves around the manufacture of machinery for the food, beverage, and tobacco processing industries. It’s a regular importer and exporter of machinery, boilers, and mechanical appliances, with a significant history of international trade – 129 months of import activity and 179 months of export activity. This demonstrates a reliable supply chain and a strong presence in global markets.

Financially, Am Packaging Ltd presents a mixed picture. While current assets remain substantial at £7,584,021, accrued liabilities have increased, which is something to keep an eye on. The company’s revenue is impressive at £11,559,449, showing a healthy top-line performance. However, the balance sheet reveals some concerning trends. Accumulated amortisation and impairment of intangible assets have increased significantly, suggesting potential write-downs or changes in asset values. Furthermore, bank borrowings have surged, indicating increased reliance on debt financing. Despite these challenges, the company's director remuneration has decreased, which could be a strategic move to manage costs.

The company’s workforce has shrunk slightly, with the average number of employees decreasing from 110 to 100. This could be a result of efficiency improvements or a response to changing market conditions. The lack of a mention of an auditor suggests the company is exempt from a full audit, relying on unaudited financial statements. This doesn’t necessarily indicate any wrongdoing, but it does mean that the financial information is subject to less scrutiny. The company's current assets are quite high, but the increase in liabilities and decrease in cash reserves suggest it may be burning through money. It's a company with a long history, but it’s facing some financial headwinds that will need to be addressed.

Registered in England/Wales under the registration number 01525421, with a registered address at DN21 1QT, United Kingdom, Gainsborough, Lincolnshire, Amp Rose, Somerby Way.

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