Packaging Advantage Ltd

Packaging Advantage Ltd is a small, holding company based in London, UK, with an active trading status. Founded 22 years ago in 2002, it employs just two people and holds £1,573,384 in assets. The company, with three directors and one owner, operates from a real address and is a regular importer of aluminum and aluminum products, with 51 months of import activity recorded.

The company's website showcases a wide range of products, from bags and clothing to office supplies and promotional items. It appears to be primarily an e-commerce business, offering a vast catalog accessible through its website. Categories are well-organized, and the site features a robust search function, allowing customers to easily find what they need. There's even a "Wish List" feature, suggesting a focus on customer convenience. The site also includes a copyright date of 2025, indicating recent updates.

Financially, Packaging Advantage Ltd presents a mixed picture. Cash reserves have increased dramatically by 1400%, reaching £51,000, which is a positive sign. However, net assets decreased by 17%, dropping to £220,000. Creditors have decreased significantly, by 91%, which could indicate improved debt management. Bank borrowings, however, have increased by a substantial amount, reaching £50,000. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, which is common for small companies.

While the company’s increased cash reserves are encouraging, the decrease in net assets and the rise in bank borrowings suggest it might be burning through money. The large decrease in creditors is a positive, but the overall trend warrants careful monitoring. It’s likely that the company is managing its debts effectively, but the rise in borrowing could indicate an expansion plan or unexpected expenses.

Registered in England/Wales under the registration number 04517869, with a registered address at E1W 1YW, England, London, Quadrant House, 4 Thomas More Square.

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