Moulded Fibre Products Limited

Moulded Fibre Products Ltd from Scunthorpe UK is a large, holding company with an active status, established thirteen years ago. Employing 142 people, the company boasts assets of £8,381,343 and generates annual revenue of £18,674,368. It's managed by four directors and has one owner, maintaining a respectable Google rating of 4.0 based on 66 reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with a history of 74 months of imports and 38 months of exports.

The company operates in the manufacture of pulp, the manufacture of other paper and paperboard containers, the manufacture of household and sanitary goods and of toilet requisites industries. Its website, salesomnipacgroup.com, highlights its expertise in providing environmentally friendly moulded fibre packaging solutions, particularly for the fresh produce, medical, and horticulture sectors. It emphasizes sustainability and offers tailor-made packaging options, showcasing a commitment to reducing waste and promoting a circular economy.

Financially, Moulded Fibre Products Ltd presents a mixed picture. While cash bank on hand increased by a healthy 29% to £3.8 million, current assets experienced a 34% jump to £8.4 million. However, net assets increased by a significant 30% to £11 million, and bank borrowings surged by 7.8% to £2.4 million. Creditors decreased by 8.3%, suggesting improved debt management. The company meets two of three criteria to be considered a large company: turnover exceeding £36 million and balance sheet total exceeding £18 million. The company’s financial statements were audited by Forvis Mazars LLP.

The company's increased revenue and asset base suggest growth, but the rise in bank borrowings and the sharp increase in net losses from £1.9 million to £2.5 million raise concerns. The company's focus on sustainable packaging positions it well in a growing market, but its financial health will need careful monitoring.

Registered in England/Wales under the registration number 07990183, with a registered address at DN15 8SD, England, Scunthorpe, Lincolnshire, Mfp Ltd Second Avenue, Flixborough.

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