Lc Packaging Uk Ltd

LC Packaging UK Ltd, based in Spalding, UK, is a large, active company founded 44 years ago in 1981. With 47 employees and £7,645,433 in assets, it operates as a holding company and is a regular importer and exporter of textile products, sets, used clothing, and rags. The company’s registered address is real, with only two companies registered at the same location, and it's managed by two directors and one owner.

LC Packaging UK Ltd is a key part of a global network, acting as a UK arm of LC Packaging International Bv. The company’s website highlights its role as a market leader in flexible transport packaging, serving various industries including food, chemicals, pharmaceuticals, and construction. It offers a wide range of products, from jute bags to FIBCs (Flexible Intermediate Bulk Containers), and emphasizes sustainability throughout its operations. The company even owns S G Baker Limited.

Financially, LC Packaging UK Ltd shows some interesting trends. Accrued liabilities decreased by 11%, while accumulated amortisation of intangible assets remained stable. Bank borrowings were reduced by 28%, and cash bank on hand increased significantly by 19000%, reaching £490,000. However, net assets remained stable, and profits decreased by 25%. Trade debtors decreased by 23%, which may indicate better collection practices. The company’s large size (meeting two of three criteria for a large company) suggests a robust business model, but the decline in profits warrants further investigation. The company’s auditor is TC Group.

LC Packaging UK Ltd’s focus on sustainable packaging solutions and its global network position it well for continued success. The company's ability to adapt to changing market demands and maintain strong customer relationships will be crucial for navigating future challenges.

Registered in England/Wales under the registration number 01558016, with a registered address at PE12 9EF, Spalding, Lincolnshire, Bridge Road, Long Sutton.

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