Cumberland Packaging Limited

Cumberland Packaging Ltd, based in Hadleigh, UK, is a sizable company with a 39-year history, currently employing 85 people and holding assets worth £12.7 million. The business operates as a holding company and has an active status, despite using a virtual address where thirteen companies are registered. It's overseen by four directors and owned by two individuals, and maintains a respectable Google rating of 4.0 based on 37 reviews. The company regularly imports paper and paperboard products (10 months), and occasionally exports (1 month).

Cumberland Packaging specializes in designing, manufacturing, and supplying corrugated cartons. Its website highlights its position as one of the UK’s largest independent converters, offering standard, printed, and die-cut cartons, as well as a full-stock and serve system. A significant investment of £2.5 million in a new Domfang Casemaker allows for increased capacity—up to 30 million cartons annually—and automated printing and palletising. The company emphasizes its ability to handle both large and small orders, and offers delivery via its own transport, from initial concept to final delivery.

Financially, Cumberland Packaging presents a mixed picture. While turnover remained stable at £22 million, net assets decreased by 11% to £8 million. Cash reserves fell by 22% to £340,000, and bank borrowings increased by 210% to £29,000. However, creditors decreased by 21%, suggesting improved debt management. The company meets the criteria for a large company, with turnover exceeding £36 million and a balance sheet total above £18 million. The lack of an auditor mentioned suggests the company is exempt from a full audit.

The company’s focus on corrugated cartons and its investment in new equipment suggest a commitment to its core business. However, the decline in cash reserves and increase in bank borrowings indicate potential financial pressures. Whether the company can maintain its position as a leading converter will depend on its ability to manage these challenges and capitalize on its strengths.

Registered in England/Wales under the registration number 01964182, with a registered address at SS7 2RF, Hadleigh, Essex, Central Chambers, 227 London Road.

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