Amico Packaging (leicester) Ltd

Amico Packaging Leicester Ltd from Leicester UK: a small, active company founded 12 years ago, employs four people, and holds £195,940 in assets. It's a solo-founded operation with one director and owner, Suleman Mariam, and operates an e-commerce site, boasting a stellar 5.0 Google rating from 1647 reviews. The company regularly imports plastics and plastic products, with nine months of import activity recorded, the last in November 2024.

The company’s website, Amico Packaging, focuses on providing packaging solutions, catering to a variety of industries. It’s a fairly standard e-commerce site, with a focus on wholesale packaging supplies. The site is well-designed and easy to navigate, with a wide range of products available. While it doesn’s offer any unique features or services, it’s a solid platform for online sales.

Financially, Amico Packaging Leicester Ltd presents a mixed picture. Current assets have fallen by 44% to £200,000, while net assets have increased by 29% to £43,000. Cash reserves have increased significantly, up 180% to £81,000. However, creditors have decreased by 50% to £170,000, which is a positive sign. Trade debtors have plummeted by 91%, which could indicate faster payment collection. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the decrease in current assets warrants a closer look. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Amico Packaging Leicester Ltd is doing alright, but it’s clear that the business has been facing some challenges. The company’s ability to maintain its strong Google rating and continue importing plastics suggests that it’s well-managed, but the financial results indicate that it’s not immune to economic pressures.

Registered in England/Wales under the registration number 08209397, with a registered address at LE5 4BN, England, Leicester, Unit 4, 166 Tithe Street.

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