Globalpak Limited

Globalpak Limited, based in Newtown, UK, is a small, active family business founded three years ago. With a single employee and £38,336 in assets, it operates from a real address and is overseen by three directors and three owners. The company is a somewhat irregular importer, specializing in machinery, boilers, and mechanical appliances, with its last import activity occurring one month ago in October 2023. Globalpak Limited manufactures other general-purpose machinery, and its website showcases a focus on premium injection moulded caps and closures, as well as lotion pumps and trigger sprays.

The company’s website highlights a global reputation for service, quality, and innovation, emphasizing UK manufacturing and customisation options. It caters to brands seeking reliable and cost-effective packaging solutions, offering a range of products from caps and closures to serum pumps and jar lids. The website also details a commitment to sustainability, including the use of recycled materials and plastic packaging tax compliance.

Financially, Globalpak Limited’s numbers present a mixed picture. Cash reserves have seen a significant boost, jumping 660% to £5,400, which is good news. However, current assets have fallen by 46% to £38,000, and net assets have plummeted 110% to -£69,000 – a worrying trend. Creditors have increased slightly by 4.5% to £110,000, and trade debtors remain stable at £11,000. The company’s small size (meeting two of three conditions for being classified as small) means it’s likely exempt from an audit, and the financial statements are unaudited. There’s also been a complete turnaround in employee numbers, with a 100% decrease in the number of employees reported.

Despite the challenges reflected in the financials, Globalpak Limited’s focus on customisation, quality, and sustainability, combined with its UK manufacturing base, positions it well to serve its target market. The company's recent changes to both the directors and owners lists, as well as the increase in cash reserves, suggests a period of transition and potential growth, although the negative equity needs to be addressed.

Registered in England/Wales under the registration number 13916139, with a registered address at SY16 4LE, Wales, Newtown, Powys, Unit C, Mochdre Industrial Estate.

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