Eren Paper Ltd

Eren Paper Ltd, a holding company based in London, UK, has been active for 13 years, employing 171 people and holding assets of £59,880,074. The company, registered at a real address with three directors and no reported owners, regularly imports paper and paperboard products (49 months) and exports electrical machinery and equipment (3 months). It’s a private limited company with a long history, dating back to its incorporation on September 28, 2011.

The company’s website reveals a diverse range of businesses under the Eren Group umbrella, spanning energy, ports, packaging, textiles, retail, and sustainability. Eren Enerji, a significant division, boasts a massive 2790 MW electricity generation capacity, supplying 6% of Turkey's energy needs. The group also operates large-scale manufacturing facilities, including a paper mill and a corrugated cardboard factory, and a retail network with over 1000 sales points across 23 countries. Eren’s website highlights its commitment to social responsibility, sustainable practices, and education, with a focus on environmental protection and community development.

Financially, Eren Paper Ltd’s recent performance presents a mixed picture. Current assets have dramatically decreased by 62%, falling to £60,000,000, while bank borrowings have surged by an impressive 500%, reaching £5,000,000. Cash reserves have also declined by 32%, dropping to £39,000,000. Creditors have seen a substantial increase of 17%, reaching £190,000,000, and net assets have fallen by 5%, now at £130,000,000. The company's substantial debts and declining cash reserves could indicate a need for careful financial management, although the increased borrowings might be linked to investments in its diverse operations. The company’s auditor is Salisbury & Company Business Solutions Limited. Despite these challenges, Eren Paper Ltd’s large asset base and diversified business portfolio suggest a resilient company with potential for long-term success.

Registered in England/Wales under the registration number 07789957, with a registered address at W1W 6PF, England, London, 106 Great Portland Street.

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