Norpak Limited

Norpak Limited is a small, active company based in Ilkley, UK, established 44 years ago in 1981. With just two employees and £380,506 in assets, it’s a modest operation led by two directors and a single owner. The company operates from a real address and has a history of both importing and exporting. It regularly imports miscellaneous metal items (for six months) and exports machinery, boilers, and mechanical appliances parts (for four months).

The company’s website, Norpak Ltd, showcases a range of products including labels, bags, and bag closures, and highlights partnerships with Schutte and Toshiba. It positions itself as a trusted partner, offering environmentally responsible products and innovative labelling solutions. The website also features a blog and customer stories, demonstrating a focus on building relationships and showcasing expertise.

Financially, Norpak Limited's recent performance reveals a mixed picture. Current assets have decreased by 18%, dropping to £380,000, while net assets have also fallen by 18%, settling at £290,000. Cash reserves have declined by 23%, leaving £190,000. Trade debtors have decreased by 10%, and creditors have also fallen by 22%. While the decline in assets and cash is concerning, the reduction in debt suggests improved financial management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned indicates it’s likely exempt from an audit as a small company.

The trends suggest Norpak Limited is navigating a challenging economic climate. While its focus on partnerships and customer service is commendable, the company needs to closely monitor its cash flow and asset base to ensure long-term sustainability.

Registered in England/Wales under the registration number 01550919, with a registered address at LS29 7LQ, England, Ilkley, 22a Mansfield Road, Burley In Wharfedale.

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