Mid Glam Packing Supplies Limited
- Small
- Holding
- Active
- 42 years
- 10 employees
- £925,413 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Rating 5.0 (8)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 3 months ago, a good sign to sell them something.
Field of Operation
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Summary
Mid Glam Packing Supplies Ltd from Newport UK: a small, holding company with an active status, was founded 42 years ago in 1982. The company employs ten people and holds £925,413 in assets. It has a real address, two directors, and one owner, boasting a stellar 5.0 Google rating based on eight reviews. Regular importer of plastics and plastic products, with 16 months of import activity recorded.
The company operates as agents specializing in the sale of other particular products industries. Its small size—meeting two of three conditions for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees)—allows for agility. The registered address is a real one, shared by only two other companies.
A review of the company’s financial data reveals a mixed picture. While cash bank on hand remains steady at £230,000, current assets have decreased by 5.1% to £930,000. Trade debtors have also fallen by 10% to £250,000. However, creditors have decreased by 19%, suggesting better debt management. Bank borrowings have dramatically decreased, going from £45,046 to zero. The company's net assets have increased by 8.8% to £580,000. The company’s equity has also increased, which is a good sign.
The company’s financial statements are unaudited, a common practice for small businesses. It's clear that the company is managing its finances well, but the decrease in current assets is something to monitor. The company is doing well, and it's likely to continue to grow in the future.
Registered in England/Wales under the registration number 01677308, with a registered address at NP11 7HZ, Wales, Newport, Gwent, Unit 8 Nine Mile Point Industrial Estate, Cwmfelinfach, Ynysddu.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 20 years
- 1
-
Resident of United Kingdom
-
Individual
- 30 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
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Termination of appointment of Neil Anthony Evans as a director on 2025-03-27Download 1 page pdf report
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Confirmation statement made on 2024-09-30 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 9 pages pdf report
Importer profile by HS codes
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Last imported products
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