Evolution Packaging Products Ltd

Evolution Packaging Products Ltd, based in St. Ives, UK, is a small, active company established 34 years ago. With 11 employees and £207,354 in assets, it’s a well-established operation, run by four directors and one owner. The company operates an e-commerce site and regularly imports paper and paperboard products—17 months of import activity were recorded, with the most recent in September 2024.

The company’s website, NaturePac, focuses on providing eco-friendly food takeaway packaging, including cups, boxes, and plates. It caters to a range of industries, from coffee shops and street food vendors to garden centres and event organizers, emphasizing sustainable and biodegradable options. The site highlights custom branding services and a commitment to reducing plastic waste—a key selling point for environmentally conscious businesses.

Financially, Evolution Packaging Products Ltd presents a mixed picture. Cash reserves have significantly decreased by 82%, dropping to just £10,000, which is a bit concerning. Current assets have also fallen by 47% to £210,000, and net losses have deepened. However, creditors have decreased by 24%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the sharp decline in equity is something to keep an eye on. The company’s average number of employees has also decreased by 18%, from 11 to 9. There's no auditor mentioned, likely due to the company's small size and exemption from an audit. The company’s accounts are abridged, and were authorised for issue on September 9th, 2024.

Overall, Evolution Packaging Products Ltd seems to be navigating a challenging period, but its focus on sustainable packaging and its established e-commerce presence could provide a foundation for future growth. It's a bit of a worry that the cash reserves are so low, though.

Registered in England/Wales under the registration number 02573634, with a registered address at PE27 3LF, England, St. Ives, Cambridgeshire, Unit 40-42 Edison Road.

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