Just Paper Bags Limited

Just Paper Bags Ltd, based in York, UK, is a small, active company founded five years ago. With a single employee and £38,552 in assets, it operates from a virtual address—a detail worth noting as 327 companies share the same location. The company is led by a solo founder who also serves as director and owner, and it runs an e-commerce site with a stellar 5.0 Google rating based on 14 reviews. It regularly imports paper and paperboard products, with the latest import occurring in December 2024.

The company’s website focuses on providing paper bags, with a range of options available for various purposes. It emphasizes quality, customisation, and sustainable practices—a growing concern for consumers. While the site doesn's offer much detail about the business's history or mission, it clearly targets businesses seeking reliable paper bag suppliers.

Financially, Just Paper Bags Ltd shows a mixed picture. Cash bank on hand dropped by 30% to £15,000, while creditors increased by 37% to £28,000. Trade debtors also rose significantly, by 68%, suggesting a need to manage customer payments more effectively. On a positive note, net assets increased by 92% to £11,000, and the company's equity improved by 92%. The company’s small size—meeting two of three criteria for a small company—allows it to remain flexible, but the increase in debt warrants attention. No auditor is mentioned, as is typical for companies of this size.

Overall, Just Paper Bags Ltd appears to be a growing business facing the challenges of managing cash flow and debt. The company’s strong Google rating and focus on sustainable practices suggest a solid foundation for future success, but keeping a close eye on financial trends will be crucial.

Registered in England/Wales under the registration number 12059325, with a registered address at YO30 4XG, England, York, North Yorkshire, 2 Clifton Moor Business Village, James Nicolson Link.

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