Nicholas Packaging Limited

Nicholas Packaging Ltd, based in Kingswinford, West Midlands, UK, is a small, holding company with an active status. Established 48 years ago in 1977, the company employs 19 people and holds assets worth £4,288,418. It has a real address and is overseen by three directors and one owner, boasting a stellar 5.0 Google rating from six reviews. The company is an irregular importer, bringing in paper and paperboard products, with its last import operation occurring in January 2022.

The company operates in the other manufacturing n.e.c. industries. Its website is unavailable, making it difficult to determine if it engages in e-commerce activities.

Financially, Nicholas Packaging Ltd presents a mixed picture. Accumulated amortisation for intangible assets increased by 25%, while depreciation for plant machinery decreased by nearly 50%. Cash bank holdings rose by 13%, but creditors decreased by nearly 40%. Trade debtors have fallen by 12%, which could indicate improved collection rates. Despite a decrease in fixed assets, the company’s net assets remained stable. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in goodwill is a point to watch. The company’s financial statements were audited by French Ludlam & Co Limited.

Overall, Nicholas Packaging Ltd appears to be a stable, long-standing business, though the decrease in goodwill warrants further investigation. It's likely the company is navigating typical challenges associated with its size and industry, and the audit suggests a degree of financial oversight.

Registered in England/Wales under the registration number 01294184, with a registered address at DY6 7JJ, West Midlands., Ham Lane, Kingswinford.

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