Cliffe Packaging Limited

Cliffe Packaging Ltd from Crewe UK: a large company, active status, founded 21 years ago, employing 19 people, and holding assets of £5,643,493. It’s a real address, managed by three directors and four owners, and operates as a family business, boasting a Google rating of 4.0 based on three reviews. The company regularly imports and exports various textile products, sets, used clothing, and rags—131 months of import activity and 39 months of export activity.

Cliffe Packaging is a bulk packaging supplier, offering a wide range of products from standard polythene sacks to high-performance FIBCs (Flexible Intermediate Bulk Containers). Its website highlights a focus on providing solutions for various industries, including food, agriculture, and construction. It even offers services like stock management and just-in-time delivery. The company’s website is well-designed, with a search function and detailed product descriptions.

Financially, Cliffe Packaging Ltd demonstrates some concerning trends. Accrued liabilities have decreased by 22%, which is good, but bank borrowings have fallen significantly, dropping 58% to £1.1 million. Cash and cash equivalents have also improved, rising 46% to £79,000. However, net assets have increased by just 6.2% to £1.8 million. Interestingly, the company’s turnover has decreased by 6.2% to £12 million, which could be a result of supply chain issues or changing market conditions. The company’s creditors have decreased by 25%, suggesting improved debt management, but the drop in bank borrowings might indicate a reliance on trade credit. The company's audit firm, MHA, conducted the audit.

Overall, Cliffe Packaging Ltd appears to be a stable, well-established business, but the decrease in turnover and the reliance on trade credit are worth keeping an eye on. The company’s focus on customer service and its wide range of products should help it navigate any challenges.

Registered in England/Wales under the registration number 04829354, with a registered address at CW1 6HX, England, Crewe, Cheshire, Unit 5 Apollo Park, University Way.

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