East Riding Sacks Limited

East Riding Sacks Ltd from Scarborough, UK, is a large, holding company with an active status, established 38 years ago. Employing 134 people, the company holds assets worth £13,761,730 and generates yearly revenue of £29,608,432. Despite a virtual address, it’s managed by five directors and one owner, boasting a perfect 5.0 Google rating from five reviews. The company regularly imports and exports paper and paperboard products, with 96 months of import activity and 36 months of export activity.

The company’s website, saleseastridingsacks.co.uk, positions East Riding Sacks as the UK’s largest and most trusted paper sack manufacturer. It offers a wide range of products, including rolled bottom, valve, and open-mouth sacks, catering to sectors like animal feed, cement, food, and potato industries. Beyond manufacturing, the company provides preprint solutions, world-class production capabilities, and research and development services. They even have their own logistics fleet, ensuring timely delivery. The website emphasizes quality, experience, and ecofriendly solutions tailored for high-speed filling equipment.

Financially, East Riding Sacks Ltd shows some concerning trends. While turnover remained stable at £30 million, net assets declined by 12% to £13 million. Creditors increased by 15% to £6.5 million, and cash bank on hand plummeted 77% to £670,000. A significant increase in other creditors is due to the funding of a new printing machine. Despite these challenges, the company’s strong brand and diverse customer base suggest resilience. The company’s auditor, Fortus Audit LLP, has issued an unqualified opinion, indicating that the financial statements give a true and fair view. The increase in administrative expenses by 50% is something to watch. It's a large company, meeting two of three criteria for a large company: turnover more than £36 million, balance sheet total more than £18 million, and average number of employees more than 250.

Registered in England/Wales under the registration number 02102303, with a registered address at YO11 3TU, England, Scarborough, North Yorkshire, 5&6 Manor Court Manor Garth.

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