Kalas Packaging Limited

Kalas Packaging Ltd from Boston UK: a small holding company with an active status, was founded fifteen years ago and employs twenty people. The company holds £1,990,816 in assets and operates from a virtual address, managed by three directors and two owners. It regularly imports machinery, boilers, and mechanical appliances—parts, with nine months of import activity recorded, the last in March 2024. It exports these same items irregularly, with just two months of export activity, the last in November 2021.

The company operates in the manufacture of other articles of paper and paperboard n.e.c., the printing n.e.c. industries. Its registered address is PE21 7TT, England, Boston, Lincolnshire, 5 Resolution Close, Endeavour Park, though the fact twenty companies are registered there suggests it’s a virtual address. The company is a small entity, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees.

Looking at the financials, the company's net assets have decreased by a significant 20%, dropping to £730,000. This is despite a 6.7% increase in current assets, reaching £2,000,000. Bank borrowings have also decreased by 4.7%, settling at £540,000. Creditors have increased by 21%, reaching £1,800,000, and trade debtors have decreased by 6.7%, settling at £750,000. The company's property, plant, and equipment have also decreased by 9.8%, now valued at £1,700,000. The decrease in equity could indicate that the company is reinvesting profits back into the business, or it could be a sign of financial strain.

The company’s deferred tax policy is to recognise deferred tax in respect of all timing differences. The company operates a defined contribution pension scheme. The financial statements are prepared in accordance with Financial Reporting Standard 102. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit. The company’s website is not mentioned, so it’s unclear if they operate an e-commerce site.

Registered in England/Wales under the registration number 07027719, with a registered address at PE21 7TT, England, Boston, Lincolnshire, 5 Resolution Close, Endeavour Park.

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