Bodypak Limited

Bodypak Ltd from Diss UK is a small holding company with an active status, established 17 years ago in 2008. The company employs seven people and holds assets valued at £2,027,300. It operates from a virtual address, a detail flagged by the registration of 24 companies at the same location. Three directors oversee operations, and one owner is listed – though this figure might not be exhaustive. Bodypak Ltd regularly imports and exports plastics and plastic products, with 176 months of import activity and 50 months of export activity recorded.

The company’s activities center around the manufacture of plastic packing goods. While no website is available to analyze, the financial data paints a picture of a business facing some challenges. Current assets have decreased by 27%, dropping to £2,000,000, while net assets have fallen by a more significant 40%, reaching £1,000,000. Bank borrowings have increased, and cash reserves have shrunk by 38%, down to £730,000. Trade debtors have also seen a substantial decline, indicating potential issues with customer payments. Despite these pressures, creditors have decreased slightly, suggesting some improvement in debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The financial trends suggest Bodypak Ltd is navigating a period of reduced profitability and potentially burning through cash. The decrease in net assets, coupled with the drop in cash reserves, warrants attention. The increase in bank borrowings may indicate a reliance on external financing to cover operational expenses. It’s worth noting that, as a small company, Bodypak Ltd is exempt from an audit, so the financial information is unaudited. The company’s directors list was changed two months ago, which is a good sign, and could indicate a renewed focus on growth and efficiency.

Registered in England/Wales under the registration number 06502827, with a registered address at IP22 4GT, United Kingdom, Diss, Norfolk, 8 Hopper Way.

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