Elephant Packaging Ltd

Elephant Packaging Ltd, based in London, UK, is a small, active company founded five years ago in 2019. With just one employee and £22,652 in assets, it operates from a virtual address shared by 979 other companies—a bit unusual, to be honest. The company is run by a single director and owner, Dogan Emrullah, and imports plastics and plastic products irregularly, with the last import operation occurring in May 2024. Its core business involves non-specialised wholesale trade, and it operates an e-commerce site offering a range of packaging solutions.

The company’s website highlights its commitment to quick, speedy, and reliable delivery services, emphasizing next-day delivery and catering to customer requirements. It offers a variety of products, from high-quality packaging tapes and cardboard boxes to PPE, gloves, and stretch films, catering to diverse business needs. The website also lists a physical location: Triumph Trading Estate in Tottenham, and provides contact details including a phone number and email address. It also has a presence on social media platforms like Facebook, Instagram, Twitter, and LinkedIn.

Financially, Elephant Packaging Ltd shows a mixed picture. While bank borrowings increased by 62% to £77,000, cash bank on hand dropped 45% to £2,400. Creditors also increased significantly, rising 62% to £77,000, while other debtors plummeted by a staggering 430% to -£48,000. Current assets experienced a slight decrease of 5.6% to £23,000. The company’s small size—meeting two of three conditions for a small company—helps it stay nimble, but the decline in cash reserves and the surge in creditors suggest it’s burning through money. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Elephant Packaging Ltd appears to be a small, online-focused business navigating the challenges of growth. It’s likely facing pressures to manage its cash flow and control its debt, but its commitment to customer service and diverse product range could help it sustain its operations.

Registered in England/Wales under the registration number 12295728, with a registered address at N8 0RL, England, London, Demsa Accounts 565 Green Lanes, Haringey.

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