Midland Paper Products Limited

Midland Paper Products Ltd from Bromsgrove UK: a large company, holding company, active status, founded 21 years ago, employing 38 people, holding £8,621,058 in assets, with a real address, overseen by seven directors and a single owner, boasting a 3.0 Google rating from seven reviews. It’s a regular importer of paper and paperboard products, with 42 months of import activity recorded.

The company operates in the manufacture of household and sanitary goods and of toilet requisites industries, focusing on crafting superior hygiene and wiping products for businesses, public spaces, and institutional settings. Its website highlights a range of paper products, washroom systems, and a commitment to sustainability. It’s a one-stop shop for commercial hygiene solutions, offering everything from toilet tissue to non-woven wipers, and even washroom systems designed for cost savings.

Financially, Midland Paper Products Ltd shows some concerning trends. While current assets increased slightly to £8,600,000, net assets decreased by 15% to £6,200,000. Bank borrowings surged by 1,200%, reaching £1,100,000, and cash reserves fell 70% to £130,000. Creditors decreased by 30%, which is a positive sign. The company meets two of three criteria for being a large company: turnover more than £36 million, balance sheet more than £18 million, and employees more than 50. There was no auditor mentioned, which is likely because the company is exempt as a small company.

The sharp increase in borrowings and the drop in cash reserves suggest the company is burning through money, which could be due to increased operating costs or investments in growth. The decrease in creditors, however, indicates better debt management. It’s possible that the company is facing challenges in maintaining profitability, despite its focus on sustainability and commercial hygiene solutions.

Registered in England/Wales under the registration number 04989581, with a registered address at B60 4EA, Bromsgrove, Worcestershire, Units D-F Shaw Lane, Stoke Prior.

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