Fortune Packaging Ltd

Fortune Packaging Ltd, based in Harrow, UK, is a small, active company founded six years ago. With a single employee and £3,890,769 in assets, it operates from a virtual address—a detail flagged by the fact that sixty-one companies share the same location. The company is led by one director and one owner, Yusuf Mubarak, who also serves as director. It regularly imports paper and paperboard products (82 months) and has recently started exporting them (3 months).

The company’s website showcases a focus on sustainable food packaging solutions, catering to wholesale and retail clients, including street food vendors. They offer a range of products, from biodegradable straws to birchwood cutlery, all certified for environmental standards like FSC and compostability. The site also highlights services like bespoke branding and even offers a phone number for appointment-only calls. It’s clear they’re targeting a growing market for eco-friendly packaging.

Financially, Fortune Packaging Ltd presents a mixed picture. While net assets increased by a substantial 75% to £2,000,000, current assets dropped by 6% to £3,900,000. Bank borrowings decreased by 20% to £110,000, and cash reserves declined by 15% to £350,000. Trade debtors remained relatively stable, while creditors saw a significant drop of 20%. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decrease in cash reserves could indicate tighter margins. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The increase in net assets, however, suggests a positive trend in overall equity.

Registered in England/Wales under the registration number 11756725, with a registered address at HA2 7SE, England, Harrow, 38 Station Road, North Harrow.

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