Packaging Innovations Uk Limited

Packaging Innovations UK Ltd, from Maidstone, UK, is a small, family-run business established sixteen years ago. With twelve employees and £1,337,855 in assets, the company operates from a real address and is led by four directors and two owners. It’s an active entity, regularly importing paper and paperboard products (44 months) and exporting furniture, lighting, and prefabricated buildings (3 months).

The company’s website showcases a focus on helping businesses reduce their plastic use, particularly in light of the Plastic Tax. It offers innovative stretch and shrink wrap products, targeting improvements in productivity, waste reduction, and cost savings. The site emphasizes a consultative approach, working with clients to understand their needs and offering tailored solutions—even benchmarking to reduce plastic consumption by up to 60%. The site also has a resources section with blog posts and case studies.

Financially, Packaging Innovations UK Ltd presents a mixed picture. While average employee numbers remained stable, cash bank on hand decreased by 39% to £34,000. Bank borrowings, however, were relatively stable. Creditors decreased by 27%, which is a positive sign, but other debt increased. The company’s net assets also decreased by 15% to £180,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decrease in equity is something to keep an eye on. No auditor is mentioned, which is common for small companies.

Overall, Packaging Innovations UK Ltd appears to be navigating a challenging environment—the rising cost of plastic and the introduction of the Plastic Tax—by focusing on innovative solutions and client consultation. Whether this strategy will be enough to offset the financial pressures remains to be seen.

Registered in England/Wales under the registration number 06690985, with a registered address at ME14 5EG, England, Maidstone, Albion Place, Albion Place.

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