Longs Packaging Limited

Longs Packaging Ltd, based in Essex, UK, is a small, active company with a history spanning 48 years. Established in 1976, it employs 25 people and holds assets valued at £2,384,831. The company operates from a real address and is overseen by two directors and a single owner, running an e-commerce site. It regularly imports plastics and plastic products (16 months of activity) and occasionally exports paper and paperboard products (1 month). The company operates within the wholesale of other intermediate products industries.

The company’s website showcases a vast range of products, from bulk stuffing mixes and eco packaging to hot food containers, safety footwear, and cleaning supplies. It caters to a diverse clientele, offering everything from retail-ready packaging solutions to industrial-grade equipment. The site is well-organized, with clear categories and detailed product descriptions—a testament to a well-managed online presence.

Financially, Longs Packaging Ltd demonstrates a mixed picture. Cash bank on hand has seen a significant increase, jumping 100% to £1,100,000, while current assets are up 23% to £2,400,000. However, creditors have increased by 20% to £720,000, and finished goods have decreased by 16% to £580,000. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the rise in creditors suggests a need for careful cash flow management. Corporation tax payable has also risen to £84,000. There's no mention of an auditor, which is likely due to the company's exemption as a small entity. The increase in bank borrowings is also notable, rising to £29,000.

Overall, Longs Packaging Ltd appears to be a stable, long-standing business, but the increase in creditors and bank borrowings warrants close attention. The company’s e-commerce presence and wide product range suggest a strong foundation for continued success, though careful financial planning will be key.

Registered in England/Wales under the registration number 01265027, with a registered address at SS9 5LQ, Essex, 5-8 Rutherford Close, Leigh On Sea.

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