Cannon Packing And Logistics Limited

Cannon Packing and Logistics Ltd, based in Abingdon, UK, is a large, active company established 17 years ago. Employing 135 people, it boasts substantial assets of £4,964,328 and generates a yearly revenue of £12,934,416. With a real address and overseen by five directors and one owner, the company holds a stellar 5.0 Google rating based on eight reviews. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances, with parts imported for the past nine months.

The company's website highlights its contract packing and logistics services, offering solutions from hand packing and kitting to warehousing and inventory management. They cater to various product types, including bulky and intricate items, and emphasize integration with IT systems. They even provide technical couriers and B2B/B2C fulfilment services. The website also showcases testimonials from satisfied clients, like LiquiMoly and Delphi, praising Cannon Packing’s reliability and responsiveness.

Financially, Cannon Packing’s recent report reveals some interesting trends. While cash bank on hand increased by a healthy 33% to £1,800,000, net assets only grew by 13% to £2,000,000. Turnover, however, decreased by 6.3% to £13,000,000, which could be a sign of changing market conditions or increased competition. Bank borrowings increased significantly, and creditors also rose, suggesting a greater reliance on short-term financing. The company’s average number of employees, however, decreased by a significant 33% to 90, which may be related to the turnover decline. The report was audited by Cooper Parry Group Limited.

Despite these shifts, Cannon Packing remains a substantial player in the logistics sector, leveraging its experience and client testimonials to maintain a strong reputation. It's likely that the company is adjusting to new challenges and seeking ways to optimize its operations—but for now, it continues to provide essential services to a diverse range of clients.

Registered in England/Wales under the registration number 06490909, with a registered address at OX14 4SE, Abingdon, Oxfordshire, Cannon Packing & Logistics Ltd 184 Park Drive,, Milton Park.

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