Dri-pak Limited

Dri-Pak Limited, based in Derbyshire, UK, is a large company holding a significant position in the market, having operated for 63 years. With 91 employees and £15.03 million in assets, the company generates a substantial £22.24 million in yearly revenue. It's an active entity, managed by four directors and one owner, and boasts a stellar 5.0 Google rating based on 17 reviews. The company regularly imports plastics and plastic products (for 11 months) and exports soaps, cleaning products, and waxes (for 56 months).

Dri-Pak’s website highlights its focus on traditional household cleaning and laundry products, with a particular emphasis on soda crystals. It also operates a separate division, 1066 Pianos, specializing in high-end piano restoration—a surprising diversification. The site showcases a range of products, from automatic dishwasher products to safety signage, catering to both commercial and industrial customers. The company’s heritage is emphasized, with mentions of family ownership and British craftsmanship.

Financially, the picture is a bit mixed. While turnover remained relatively stable at £22 million, net assets decreased by 12% to £15 million. Bank borrowings increased by 19% to £260,000, and cash reserves grew by 25% to £210,000. Creditors decreased by 13%, suggesting improved debt management. The company meets two of the three criteria for being a large company, indicating a solid but not expansive scale. The company's accounts were audited by Wright Vigar Limited.

Overall, Dri-Pak Limited appears to be a financially stable company with a long history and a diversified business model. The growth in bank borrowings and the decrease in net assets may indicate investments in expansion or operational challenges, but the company’s strong revenue and positive customer reviews suggest a resilient business.

Registered in England/Wales under the registration number 00705398, with a registered address at DE7 5EP, Derbys, Furnace Road, Ilkeston.

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