Decent Packaging Ltd

Decent Packaging Ltd from Worcester UK: a small holding company with an active status, was founded six years ago in 2018. Employing eleven people, the company holds assets worth £2,529,958 and operates from a real address. With two directors and one owner, it runs an e-commerce site and regularly imports paper and paperboard products – a total of 266 months of imports recorded.

The company’s website showcases a wide range of packaging solutions, from eatware to clear cups and hot cups, with a focus on compostable and sustainable materials. It offers both standard products and custom branding options, catering to businesses seeking eco-friendly packaging. The site emphasizes next-day delivery and offers various support channels, including SMS text for quick assistance. It even has a section dedicated to “Merch” and a blog highlighting sustainable practices.

Financially, Decent Packaging Ltd shows a mixed picture. Current assets increased by 22%, reaching £2,500,000, while net assets decreased by 43%, dropping to £400,000. Bank borrowings surged by 110%, reaching £570,000, and cash reserves increased by 44%, reaching £450,000. Creditors also increased by 55%, reaching £2,200,000. 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 equity decline warrants attention. Bishop Fleming LLP served as the auditor.

While the e-commerce platform appears robust and the company is actively promoting sustainable practices, the financial results suggest a period of transition. Whether the increased debt is a strategic investment or a sign of financial strain remains to be seen, but Decent Packaging Ltd is clearly positioning itself as a leader in the eco-friendly packaging market.

Registered in England/Wales under the registration number 11709102, with a registered address at WR4 0SX, England, Worcester, Worcestershire, Unit 13 Nunnery Park, Hornhill Road.

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