Packaging First Limited

Packaging First Limited, based in High Ongar, UK, is a small, active company founded 25 years ago in 1999. It holds £1,496,504 in assets and boasts a solid 4.0 Google rating from 11 reviews. With three directors and one owner, the business operates from a real address and regularly imports paper and paperboard products—a total of 27 months of import activity, the latest in February 2025. The company’s website, though currently unavailable, suggests a focus on packaging supply.

While the business operates in the “other manufacturing n.e.c.” industries, its core activity appears to be the supply of packaging materials. The company’s longevity—a quarter-century in business—is a testament to its ability to adapt to changing market conditions. The presence of a single owner and three directors indicates a relatively flat organizational structure, potentially fostering quick decision-making.

Financially, Packaging First Limited presents a mixed picture. Current assets decreased by 16% to £1,500,000, while net assets increased by 9.2% to £860,000. Cash reserves fell by 32% to £550,000, and trade debtors decreased by 14% to £670,000. Creditors, however, fell by a substantial 34% to £640,000, which could indicate improved payment terms with suppliers. The company’s small size—meeting two of three criteria for a small business—allows it to remain flexible. No auditor is mentioned, consistent with its status as a small, exempt company.

The decrease in cash reserves, while concerning, could be due to increased investment in inventory or other operational expenses. The reduction in debtors suggests better collection practices, but the overall trend indicates a company working to maintain financial stability. It’s likely that the company is facing some pressures, but its long history and solid reputation suggest it’s well-positioned to navigate them.

Registered in England/Wales under the registration number 03838039, with a registered address at CM5 9NL, High Ongar, Essex, Unit12 Nash Hall, The Street.

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