Grangewood Plastic Packaging Limited

Grangewood Plastic Packaging Ltd from Romford UK: a small, active company founded 79 years ago, employs 10 people, and holds £824,746 in assets. With three directors and two owners, it maintains a perfect 5.0 Google rating based on two reviews. It’s a regular importer of paper and paperboard products, having imported for the past 12 months. The company operates in the manufacture of other plastic products, and is a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company's website, salesgrangewoodplastics.com, showcases a wide range of polythene products, asbestos waste sacks, black refuse bags, and paper carrier bags. It also offers building products like polypropylene sacks and rubble sacks, alongside services like piano restoration. The website’s history dates back to 1924, and it emphasizes high-quality products, competitive pricing, and local and nationwide delivery. It’s clear the company is targeting both trade and retail customers, with a focus on bulk sales and a local trade counter.

Financially, Grangewood Plastic Packaging Ltd presents a mixed picture. Current assets decreased by 2.4% to £820,000, while net assets increased by 4.8% to £1,500,000. Bank borrowings saw a significant drop of 56%, falling to £52,000—a positive sign. Creditors also decreased by 14%, suggesting improved debt management. However, accrued liabilities decreased by 30%, and other creditors vanished completely. The company’s small size and lack of an auditor (likely exempt as a small company) mean the figures are unaudited. The company’s equity increased by 20%, which is a good sign. It is worth noting that the company's tax expense represents the sum of the tax currently payable.

Registered in England/Wales under the registration number 00410048, with a registered address at RM7 0ER, Romford, Essex, Essex House, Jutsums Lane.

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