Betapak Limited

Betapak Ltd from Ventnor UK is a small holding company with an active status, established 18 years ago. The company employs 15 people and holds assets valued at £421,374. It has a real address and is overseen by two directors and two owners, boasting a respectable Google rating of 4.0 based on nine reviews. Betapak is an irregular importer of paper and paperboard products, with just one month of imports recorded.

The company operates as a wholesale product specialist for businesses, stocking a staggering 125,000 products ranging from packaging supplies and cleaning products to furniture and catering equipment. Its website highlights its ability to challenge competitors on price and service, and offers a customer portal for easy ordering. A key aspect of its business is "The Island Tea Coffee Co.", a division offering high-quality drinks and roasting experiences. Betapak also provides specialist services like furniture delivery, assembly, and packaging removal, and even offers bespoke packaging and loose fill manufacture.

Financially, Betapak Ltd shows a mixed picture. Current assets increased by 17% to £420,000, while net assets decreased by 20% to -£360,000. Bank borrowings decreased by 18% to £130,000, and cash reserves increased significantly by 630% to £70,000. Creditors increased by 13% to £900,000, suggesting a reliance on credit from suppliers. 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 for agility, but the equity decline warrants closer scrutiny. As a small company, Betapak is exempt from an audit, and the financial statements are unaudited.

The company’s growth in assets and cash reserves is encouraging, but the negative equity position suggests ongoing losses or significant investments. It's likely that the company is reinvesting profits into the business, or perhaps facing increased operating costs. The reliance on credit from suppliers could also be a factor.

Registered in England/Wales under the registration number 06059891, with a registered address at PO38 3LT, Ventnor, Isle Of Wight, Rookley Industrial Park, Pritchetts Way Rookley.

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