Eurostampa Packaging Ltd

Eurostampa Packaging Ltd, based in Edinburgh, UK, is a holding company with an active status, established fourteen years ago. The company operates from a virtual address, registered with seventy other companies at the same location, and is managed by three directors and owned by three individuals. It’s a family business with a stellar 5.0 Google rating based on one review. Eurostampa Packaging regularly imports machinery, boilers, and mechanical appliances—parts, with the last import operation occurring in July 2024. It occasionally exports electrical machinery and equipment, with the last export occurring in July 2024.

The company's website, Paris Packaging Week, is a platform for the packaging industry, showcasing a wide range of exhibitors and products. It’s not an e-commerce site; instead, it serves as a directory and event portal for professionals in the packaging sector. The site promotes networking, innovation, and sourcing solutions, with a focus on design, sustainability, and aerosol dispensing. It features a schedule of conferences, awards, and a discovery zone for startups.

Financially, Eurostampa Packaging Ltd presents a mixed picture. Accrued liabilities within one year decreased by 1.6%, while those not expressed within creditors surged by a staggering 850%. Accumulated depreciation on property, plant, and equipment rose significantly, with plant machinery showing a 15% increase. Bank borrowings jumped a substantial 120%, reaching £6.4 million, while cash reserves plummeted 90% to just £390,000. Despite this, the company’s equity increased by 60%, reaching £13 million. The company’s turnover decreased by 8.5%, falling to £22 million.

The sharp increase in bank borrowings and the decrease in cash reserves suggest the company may be burning through money, perhaps investing in growth or facing unexpected expenses. However, the increase in equity indicates a positive underlying financial health. The lack of an auditor mentioned likely means the financial statements are unaudited, relying on internal reporting. The company’s focus on holding investments, coupled with the Paris Packaging Week platform, suggests a strategic approach to the packaging industry, aiming to leverage its position and connections for long-term growth.

Registered in Scotland under the registration number SC393211, with a registered address at EH12 5HD, Scotland, Edinburgh, Citypoint, 65 Haymarket Terrace.

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