Cfn Packaging Group Limited

Cfn Packaging Group Limited, based in Skegness, UK, is a small, active company established 36 years ago. With 33 employees and £3,112,143 in assets, it’s a well-established player in its sector. The company, led by three directors and one owner, boasts a solid 4.0 Google rating from seven reviews. It regularly imports machinery, boilers, and mechanical appliances—parts, with 41 months of import activity recorded—and occasionally exports electrical machinery and equipment, with just two months of export activity.

The company’s website, CFN Films, highlights its specialization in flexible packaging for the fresh fruit, vegetables, salad, and bakery industries. It offers custom film solutions, including bakery, lidding, fruit, vegetable, potato, and salad films, and emphasizes its UK-based manufacturing and commitment to quality. The site also mentions partnerships with major retailers like ASDA, Aldi, and Morrisons, showcasing its reach and reputation. It’s a family-run business, priding itself on being easy to do business with.

Financially, Cfn Packaging Group Limited demonstrates a mixed picture. Current assets increased by 34% to £3,100,000, while net assets grew by 42% to £2,200,000. Bank borrowings surged by 93% to £410,000, and cash reserves rose 18% to £93,000. Creditors increased by 31% to £2,200,000, and trade debtors increased by 55% to £2,000,000. 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 flexibility, but the increase in borrowings suggests a need for careful financial management. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Cfn Packaging Group Limited appears to be a stable, growing business, but the increased debt levels warrant monitoring. The company’s focus on customer service and its strong relationships with major retailers position it well for continued success.

Registered in England/Wales under the registration number 02264841, with a registered address at PE25 3ST, Skegness, Lincolnshire, Heath Road.

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