Crocodile Packaging Limited

Crocodile Packaging Ltd from Swindon UK is a small, active company founded 34 years ago in 1991. With 56 employees and £1,025,062 in assets, it operates from a real address and is managed by seven directors, although no owners are officially listed. The company regularly imports wood and wood products (for three months) and exports them (for 24 months), with the latest export activity recorded in January 2025.

The business specializes in custom wooden packaging solutions, manufacturing a range of core products like clipped crate systems, expendable crates, reusable crates, and IBC containers. It caters to diverse industries including automotive, agriculture, food production, aerospace, and even events, providing services like CNC routing and panel cutting. The company’s website highlights its ability to offer bespoke packaging, CNC components, and even disaster recovery solutions for damaged pianos – a surprising and unique offering.

Financially, Crocodile Packaging Ltd’s recent performance presents a mixed picture. Current assets have decreased by 12%, falling to £1,000,000, while net assets have experienced a more significant drop of 23%, reaching £610,000. Bank borrowings have disappeared completely, a positive sign, but trade debtors have also fallen by 15%, which could indicate a slowdown in customer payments. Retained earnings have taken a big hit, plummeting 490% to -£150,000. Despite being a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), these figures suggest the company is facing some financial pressure. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s ability to adapt to changing market conditions and maintain its reputation for quality packaging will be crucial for its future success. It’s a bit surprising to see the company involved in piano restoration too, but it shows a willingness to diversify and explore new opportunities.

Registered in England/Wales under the registration number 02574686, with a registered address at SN3 4TA, Swindon, Wiltshire, Unit 62 Thornhill Industrial Est, South Marston.

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