Epac Holdings Europe Limited

Epac Holdings Europe Ltd from Wolverhampton UK is a holding company with an active status, founded six years ago in 2019. The company employs seventeen people and holds £12,080,734 in assets. It operates from a real address and is overseen by five directors and one owner, running an e-commerce site. Regular import and export activities focus on plastics and plastic products, with nineteen months of imports and seventy-four months of exports recorded.

The company’s operations are centered around holding investments, with ownership of Epac UK Sheffield Limited and Epac UK Silverstone Limited. It appears to be a parent company for these entities, providing strategic oversight and financial support. The website, while present, doesn't offer much insight into the company's direct activities, suggesting a focus on backend operations rather than direct customer engagement.

Financially, Epac Holdings Europe Ltd exhibits a mixed picture. While current assets increased by 32% to £12,000,000, net assets decreased by 27% to £6,000,000. Bank borrowings increased significantly by 270% to £8,900,000, and cash reserves fell 57% to £330,000. Trade debtors increased by 890% to £75,000, which could indicate a need to manage customer payments more effectively. Creditors decreased by 18%, suggesting improved debt management. The company’s auditor is WR Partners.

The sharp increase in bank borrowings, coupled with the decline in cash reserves, raises concerns about the company’s liquidity. However, the increase in trade debtors could be a result of expanding credit terms to customers. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop raises questions.

Registered in England/Wales under the registration number 11938901, with a registered address at WV10 9TG, England, Wolverhampton, Creative Industries Centre Wolverhampton Science Park, Glaisher Drive.

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