Locpac Limited

Locpac Ltd, based in Crewe, UK, is a small holding company with an active status, established fifteen years ago in May 2010. Employing just two people, the company holds £127,223 in assets and operates from a real address shared by only one other business. With two directors and one owner, it maintains a Google rating of 3.0 based on a single review. Locpac is an irregular importer, primarily dealing in plastics and plastic products, with its last import operation recorded over five years ago in May 2018.

While the company’s website isn’t available for review, the financial data paints a mixed picture. Accumulated depreciation for its motor vehicles has increased by a respectable 39%, suggesting ongoing investment in this area. However, cash reserves have grown by a significant 48% to £64,000, indicating improved liquidity. Creditors have decreased by 14%, suggesting better debt management, but trade debtors have fallen by a more substantial 37%, which could signal slower customer payments or a change in credit policies. Equity has also declined by 19%, which is a concern, although it's important to note that the owner listed is not exhaustive, and only owners with more than twenty five percent of shares are published.

The company's small size—meeting two of three conditions for being classified as small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees)—allows for agility, but the decline in equity warrants closer scrutiny. The lack of an auditor mentioned, likely due to its small size, means these figures are unaudited. Overall, Locpac Ltd seems to be navigating a period of transition, with some positive trends offset by areas of concern.

Registered in England/Wales under the registration number 07241914, with a registered address at CW1 6HX, England, Crewe, 5 Apollo Court, University Way.

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