Datec Packaging Limited

Datec Packaging Ltd from Kenilworth, UK, is a small, active company founded 13 years ago. With 7 employees and £1,082,719 in assets, it operates from a virtual address and is led by two directors and one owner, enjoying a stellar 5.0 Google rating from 11 reviews. The company regularly imports plastics and plastic products, with activity spanning the last 7 months.

Datec Packaging Ltd specializes in providing packaging solutions, particularly for e-commerce businesses. Its website showcases a wide range of products, including paper mailing bags, printed postal boxes, and custom-printed packaging. The company offers services like packaging weight reporting and even provides advice on sustainable packaging options. It seems to be a comprehensive resource for businesses looking to optimize their packaging processes, with a focus on speed, efficiency, and cost savings. The website also highlights its ability to provide custom printed packaging solutions, catering to businesses seeking to enhance their brand identity.

Financially, Datec Packaging Ltd presents a mixed picture. While current assets increased by a modest 5.9% to £1,100,000, bank cash decreased by 14% to £410,000. Trade debtors have risen significantly, increasing by 44% to £400,000, which could indicate a growing customer base but also potential challenges in collecting payments. Creditors have also increased by 32%, reaching £240,000, suggesting increased reliance on short-term financing. Despite these shifts, equity has improved by 5.8%, reaching £940,000, which is a positive sign. 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 debtors warrants monitoring. No auditor is mentioned, likely due to exemption as a small company.

Overall, Datec Packaging Ltd seems to be a well-regarded supplier in a competitive market, but its financial performance suggests a need for careful management of working capital and continued focus on customer payments.

Registered in England/Wales under the registration number 07925509, with a registered address at CV8 1LY, England, Kenilworth, Warwickshire, Bank Gallery, High Street.

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