Clifton Packaging Group Limited

Clifton Packaging Group Ltd from Leicester UK: a large company, holding company, active status, founded 22 years ago, with 136 employees, holding £21,313,443 in assets, and generating £38,379,863 in yearly revenue, operates from a real address. It's led by three directors and owned by one individual, boasting a 4.0 Google rating from 45 reviews. The company regularly imports plastics and plastic products (461 months) and exports machinery, boilers, and mechanical appliances; parts (26 months).

Clifton Packaging Group is a sizable operation, meeting the criteria for a large company due to its turnover exceeding £36 million, balance sheet total exceeding £18 million, and having more than 250 employees. It functions as a holding company, and its active status indicates ongoing business operations. The company owns several subsidiaries, including Clifton Packaging Limited, Target Packaging Systems Limited, and Azpac Foods Limited. It also has previous names, including Clifton Packaging Group Plc.

Despite a solid foundation, the company’s financial health shows some concerning trends. While cash at bank increased significantly, from £356,479 to £4,205,826, other key metrics paint a less rosy picture. Net assets decreased by 15%, dropping to £21 million. Trade debtors increased by a substantial 137%, suggesting potential issues with collecting payments. Bank borrowings also increased, reaching £2,900,000, a 380% increase, and cash reserves fell by 30% to £4,205,826. Creditors decreased by 18%, which is a positive sign, but the overall trend points to a company burning through cash.

The company’s auditor is Watergates Ltd, and the financial statements are prepared using IRIS Accounts Production software. The company’s management team consists of Barritt Philip, Saraconi Federico, and Dsouza Shane Francis, all of whom have been in their roles for five months. The company’s owner, Cp Uk Holdco Ltd, has also been in place for five months. The company’s focus is on the other manufacturing n.e.c. industries, and it operates in a competitive market, importing plastics and exporting machinery.

Registered in England/Wales under the registration number 04623230, with a registered address at LE19 1WH, Leicester, Leicestershire, Centurion Way, Meridian Business Park.

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