Genel 86 Limited

Genel 86 Ltd, based in Leicestershire, UK, is a small, active family business established 25 years ago. With nine employees and £350,393 in assets, it operates from a real address and is managed by two directors and owners. The company, which has a stellar 5.0 Google rating from nine reviews, is a regular importer of paper and paperboard products, with 31 months of import activity recorded, the latest in November 2024. It also runs an e-commerce site.

The company’s website showcases a range of packaging and haberdashery products, including corrugated boxes, mailing bags, and a selection of craft supplies. It caters to businesses and individuals seeking reliable packaging solutions and quality crafting materials. The site emphasizes same-day delivery for Leicester locals and offers a user-friendly online shopping experience.

Financially, Genel 86 Ltd presents a mixed picture. Current assets decreased by 16%, dropping to £350,000, while net assets also declined by 5.2% to £130,000. Bank borrowings increased by 200% to £29,000, and cash reserves fell by 16% to £49,000. Trade debtors also decreased by 17%, suggesting better collection of payments. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from agility, but the decline in equity warrants attention. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, Genel 86 Ltd appears to be navigating a period of change. While its e-commerce platform is thriving, the financial figures indicate some pressure. Whether it can maintain its growth trajectory remains to be seen.

Registered in England/Wales under the registration number 03904096, with a registered address at LE5 0DF, Leicestershire, 9 Beech Street, Leicester.

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