Apex Packaging Limited

Apex Packaging Limited, based in Kilmarnock, UK, is a small, active company founded just two years ago. With a single employee and £3,971 in assets, it's a solo founder's venture led by two directors and one owner, Rattu Vijay Kumar. The company boasts a perfect 5.0 Google rating from one review.

The business operates in the retail sale of leather goods, both in specialised stores and via mail order and internet industries. Its website highlights a focus on quality leather goods, suggesting a B2C model. While the site doesn’s offer a full e-commerce experience, it does provide product information and contact details, indicating a potential blend of online presence and offline sales.

Financially, Apex Packaging Limited's report paints a picture of a company facing challenges. Current assets have plummeted by a staggering 94%, dropping to just £4,000, while net assets have also decreased significantly, now at -£37,000. Cash bank on hand has fallen 60% to £3,100, and trade creditors have risen by 35%. Despite these declines, the company has managed to reduce its accrued liabilities deferred income by a small amount. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Apex Packaging Limited appears to be navigating a difficult period. While the company’s niche focus and positive online reviews suggest potential, the financial data indicates a need for careful management to avoid further decline.

Registered in Scotland under the registration number SC733859, with a registered address at KA3 3ES, Scotland, Kilmarnock, 81-82 Dunlop Road, Stewarton.

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