Ideals Uk Packaging Ltd

Ideals UK Packaging Ltd, based in Bolton, UK, is a small, active company founded seven years ago in 2017. With six employees and £91,440 in assets, it operates from a real address and is managed by two directors and two owners. The company has a 5.0 Google rating based on 21 reviews and runs an e-commerce site. It’s an irregular importer, primarily dealing with tanning and dyeing products, with its last import operation occurring in August 2023.

The company’s website showcases a wide range of packaging solutions, from coloured gift mail boxes and large letter boxes to bubble wrap and mailing bags. It caters to businesses needing various packing materials, offering free tracked delivery on all orders and a daily cutoff time of 2 pm. The site also features a sale section with discounted items like capacity mailers and single-wall boxes. It's clear the company is focused on providing a convenient online shopping experience for packaging supplies.

Financially, Ideals UK Packaging Ltd presents a mixed picture. Current assets have dramatically decreased by 84%, dropping to £91,000, while cash reserves have plummeted 89%, leaving just £62,000. Bank borrowings have also taken a hit, decreasing by 71%, to £47,000. On a brighter note, creditors have significantly reduced by 82%, to £74,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The substantial decline in assets and cash reserves, however, suggests potential financial pressures. As a small company, it is exempt from an audit, so the figures are unaudited. The decrease in liabilities is a positive sign, but the company will need to manage its cash flow carefully moving forward.

Registered in England/Wales under the registration number 10919981, with a registered address at BL1 8DL, England, Bolton, Greater Manchester, Unit 8 Halliwell Industrial Estate, Rossini Street.

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