Fibrestar Drums Limited

Fibrestar Drums Ltd, based in Stockport, UK, is a small, active company established 25 years ago. With 65 employees and £4,100,429 in assets, it operates from a real address and is led by two directors and a single owner, enjoying a perfect 5.0 Google rating from five reviews. The company regularly imports treated or layered fabrics for industrial use (13 months) and exports paper and paperboard products (31 months).

The company’s website showcases Fibrestar Drums as the UK's leading manufacturer of fibre drums, offering a wide range of packaging solutions. They cater to diverse needs, from biodegradable stackable paper tubs to robust plastic containers, and even provide carbon emissions data to support environmentally conscious clients. Their history stretches back to 1932, evolving from a plywood keg producer to a specialist in fibre drum manufacturing. The site highlights bespoke packaging options, including drum decoration and printing, alongside a commitment to sustainability and recycling.

Financially, Fibrestar Drums Ltd presents a mixed picture. Current assets have decreased by 17%, dropping to £4,100,000, while net assets have fallen by 5.4% to £2,700,000. Bank borrowings have seen a significant decrease, dropping 46% to £120,000, and cash reserves have increased by 9% to £990,000. However, accrued liabilities have decreased slightly, and the average number of employees has fallen by 15%, down to 55. Creditors have also decreased by 17%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in net assets warrants attention. The company is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 03928251, with a registered address at SK7 5AS, Stockport, Cheshire, Fibrestar House Newby Road Industrial Estate, Hazel Grove.

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