H-pack Packaging Uk Ltd

H Pack Packaging Uk Ltd, based in Wrexham, UK, is a large, active company founded eight years ago. Employing 45 people, it boasts significant assets of £11,490,041 and a yearly revenue of £19,208,016. With three directors and two owners, the company maintains a perfect 5.0 Google rating based on nine reviews. Regular importer of plastics and plastic products (267 months) and exporter of paper and paperboard products (66 months), it serves a broad customer base.

The company’s website highlights its role as a “Best Food Packaging Manufacturer in UK.” It’s primarily a B2B operation, offering a wide range of packaging solutions—from paper bags and cups to aluminium containers and hygiene products—catering to various industries. It doesn't appear to be an e-commerce site, focusing instead on direct sales and bespoke orders. The website details a manufacturing capacity with 16 plants across 16 regions, and a product range of 4000 products serving 25000 satisfied customers. It's a division of the Hotpack Packaging Industries Group, originating in Dubai, UAE, and leverages that global network.

Financially, H Pack Packaging Uk Ltd presents a mixed picture. While revenue remains strong, current assets have declined by 38% to £11 million. Bank borrowings have increased by 22% to £2.9 million, and cash reserves have fallen significantly. However, creditors have also decreased by 47%, suggesting improved debt management. The company meets the criteria for a large company, having a turnover of over £36 million and a balance sheet total of over £18 million. The lack of an auditor is likely due to its size, meaning the financial statements are unaudited.

The trends indicate a company navigating challenges despite its strong market position. While it maintains a robust sales volume, managing its working capital appears to be an area of focus. The continued growth of bank borrowings and decline in cash reserves suggest a need to carefully monitor its financial health.

Registered in England/Wales under the registration number 10489209, with a registered address at LL12 0PG, United Kingdom, Wrexham, Hotpack Complex Llay Industrial Estate, Llay.

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