Hot Pack International Limited

Hot Pack International Ltd, based in Hull, UK, is a small, active company established seven years ago in 2017. Employing just two people, the firm holds £442,662 in assets and operates from a virtual address – sixty-five companies registered there, so it’s probably a shared workspace. Two directors and two owners manage the business, which runs an e-commerce site. The company regularly imports cereal and milk-based food products, with nineteen months of import activity recorded, the last in April 2024. It also exports aluminum and aluminum products, though irregularly, with just one month of export activity noted in July 2022.

The company’s website reveals a much larger operation: Hot Pack Global, a manufacturer of packaging products in the Middle East. Founded in 1995, the company boasts 20 manufacturing units, serves 0 customers, and produces 0 products. It offers a wide range of packaging solutions, from paper and aluminum to plastic and foam, catering to industries like food service, retail, healthcare, and construction. The website emphasizes sustainability, innovation, and global reach, showcasing state-of-the-art facilities and certifications like ISO9001 and BRCGS. It’s unclear how closely the UK-based Hot Pack International Ltd is linked to this much larger Middle Eastern operation, but both share the "Hot Pack" branding.

Financially, Hot Pack International Ltd’s recent performance shows some concerning trends. Cash reserves have fallen by 33%, dropping to £120,000, while current assets have also declined by 9.4%, reaching £440,000. Bank borrowings have increased, with a surge in overdrafts, and trade debtors have plummeted by a staggering 52%, suggesting payment issues. On the positive side, creditors have decreased slightly, and retained earnings have grown by 9.6%, reaching £220,000. The company’s small size—meeting two of three criteria for being a small company—helps it remain agile, but the drop in cash and the increase in debt are worth watching. No auditor is mentioned, which is likely due to the company being exempt as a small entity. It's a bit concerning that the company is burning through cash, but the growth in retained earnings is a good sign.

Registered in England/Wales under the registration number 11055224, with a registered address at HU10 6RJ, United Kingdom, Hull, E. Yorks, F15 The Bloc 38 Springfield Way, Anlaby.

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