Bublbag Limited

Bublbag Limited, based in Falkirk, UK, is a small, active company established nine years ago. With two employees and £132,192 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports plastics and plastic products, with 17 months of import activity recorded, the last in December 2024. It’s a private limited company, SC516491, and operates within the packaging activities industry.

The company’s website, Bubl Packaging, focuses on eco-friendly inflatable packaging solutions for protecting goods during shipping. It offers a range of products, including bags, pods, wrapping, and void fill, all designed to be reusable and recyclable. The site highlights the benefits of its packaging, such as damage prevention, space-saving storage, and reduced shipping costs. It even caters to high-end items like laptops, TVs, and bottles of wine, gin, and whiskey.

Financially, Bublbag Limited shows a mixed picture. Cash bank on hand has significantly increased by 350%, reaching £47,000, which is a positive sign. However, retained earnings and accumulated losses have seen a dramatic shift, with a -170% change, indicating a potential loss. Bank borrowings have decreased by 44%, and trade debtors have increased by 120%, suggesting a reliance on customer payments. Creditors have also increased by 17%, and other taxation social security payable has increased by 240%. 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 flexible, but the significant equity decline warrants attention. The accounts are unaudited, and there’s no mention of an auditor.

While the company seems to be doing well with its product range and customer service, the financial data suggests it’s burning through money. It's a bit concerning, but it’s likely just a phase of growth.

Registered in Scotland under the registration number SC516491, with a registered address at FK1 5UP, Scotland, Falkirk, 61 Venachar Road.

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