Murray Packaging Limited

Murray Packaging Ltd, based in Glasgow, UK, is a small, family-owned business with a long history, having been founded 69 years ago. Currently employing six people, the company holds assets valued at £371,259 and maintains a real registered address. With two directors and one owner, Murray Packaging Ltd has earned a stellar 5.0-star Google rating based on four reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with the most recent import activity occurring one month ago.

The company's website showcases a diverse range of services and products, positioning itself as an expert in packaging solutions. Rather than manufacturing its own equipment, Murray Packaging Ltd acts as a distributor, partnering with trusted suppliers like Cotswold Mechanical, Endoline Automation, and Herma Labelling Systems. Their offerings extend beyond machinery to include a full range of packaging materials, from shrink films to custom-made bags, and even offer service and spares support. The website emphasizes a consultative approach, focusing on understanding client needs and providing tailored solutions.

Financially, Murray Packaging Ltd presents a mixed picture. While current assets increased slightly to £390,000, net assets decreased by 7.2% to £380,000. Creditors have increased by 44% to £190,000, suggesting a need for increased cashflow management. Cash bank on hand, however, has seen a healthy increase of 47% to £130,000. The company’s small size—meeting two of three criteria for a small business—allows for agility, but the decline in equity could be a cause for concern. The accounts are unaudited, which is common for small companies, and no auditor is mentioned. The decrease in employees, from five to four, might indicate streamlining efforts or temporary staffing adjustments. The company's retained earnings and accumulated losses are also down, which could be a result of recent investments or operational challenges.

Registered in Scotland under the registration number SC031441, with a registered address at G62 7LN, Scotland, Glasgow, Units 1/2 3 Cloberfield, Milngavie.

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