Packserve Limited

Packserve Ltd, based in Darwen, UK, is a small holding company with an active status, celebrating 25 years in business. Employing just six people and holding assets of £685,908, it operates from a real address and is managed by one director and owner. Google reviews give it a perfect 5.0 rating (based on one review), reflecting a positive customer experience. The company regularly imports machinery, boilers, and mechanical appliances, with its most recent import activity occurring in October 2024.

Packserve’s website reveals a focus on packaging machinery and engineering services. It offers sales, palletisers, fillers, blow moulders, conveyors, accumulators, case packers, and labellers. The site emphasizes complete packaging machinery solutions, from design to maintenance, and highlights partnerships with world-class manufacturers. They even have a knowledge base with articles on sustainability, automation, and efficiency. The company’s website also features a blog, which is a nice touch.

Financially, Packserve Ltd presents a mixed picture. Creditors have risen significantly, increasing by 54% to £360,000, while cash bank on hand has decreased by 26% to £240,000. Net assets, however, have increased by a substantial 140% to £340,000, which is a positive sign. The company’s average number of employees has also decreased by 33% to four, which could be due to restructuring or automation. The company’s tax payable has increased by a staggering 1400%, which is a concern. Despite these fluctuations, Packserve meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit.

Overall, Packserve Ltd seems to be navigating a period of change. While the increase in creditors and decrease in cash reserves are worth monitoring, the growth in net assets suggests the company is still financially healthy. The company’s focus on providing complete packaging solutions and its commitment to customer service position it well for future success.

Registered in England/Wales under the registration number 03970189, with a registered address at BB3 1HJ, England, Darwen, Packserve Limited, Pitville Street.

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