Norpol Packaging Limited

Norpol Packaging Limited, based in Louth, UK, is a small, holding company with an active trading status. Established 32 years ago in 1993, it employs 15 people and holds assets valued at £3,757,368. The company operates from a real address and is overseen by four directors and one owner. It regularly imports paper and paperboard products—11 months of activity recorded—and occasionally exports miscellaneous manufactured goods, with just one month of export activity.

The company’s website highlights Norpol Packaging as a leading British manufacturer of flexible film packaging, specializing in custom poly bags and sheeting for diverse packing needs. With over 30 years of experience, it serves multiple markets, including food, mailing, garment, clinical, and medical sectors. The website emphasizes quality, short lead times, and the ability to handle both low and high-volume production runs. They offer a wide range of materials, features, and printing options, catering to various applications. Notably, the company also serves major supermarkets like Asda, Tesco, and Sainsbury's.

Financially, Norpol Packaging Limited presents a mixed picture. Current assets have decreased slightly, falling by 3.4% to £3,800,000, while net assets have also declined by 5.1% to £2,500,000. Bank borrowings have not been reported. Cash reserves have also dropped by 86%, plummeting to just £2,800. Creditors have decreased by 7.9%, which could indicate improved debt 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. As a small company, it is exempt from an audit, so the figures are unaudited.

The decline in cash reserves and net assets is a cause for concern, suggesting the company may be burning through money. However, the decrease in creditors is a positive sign. While the company's financial position requires monitoring, its established presence in the flexible packaging market and its relationships with major clients offer a degree of resilience.

Registered in England/Wales under the registration number 02781345, with a registered address at LN11 0YZ, England, Louth, Tattershall Way, Fairfield Industrial Estate.

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