Pak Power Limited

Pak Power Ltd, based in Leicester, UK, is a small, family-run company with an active status, having been founded 17 years ago. It employs just four people and holds £724,293 in assets. Operating from a virtual address—where 26 companies are registered—it’s managed by five directors and two owners. The company boasts a perfect 5.0 Google rating based on a single review, and is a regular importer of plastics and plastic products, with 27 months of import activity recorded.

The company’s website, Pakpower, focuses on high-performance polythene products, specifically perforated polyethene, pallet wrap, and silage film. It positions itself as a provider of innovative technology, aiming to supply both a better product and a better price. The site highlights attention to detail, quality goods, and care for users—a testament to the company’s commitment to British craftsmanship. The company’s products are used in a wide range of industries, from agriculture to packaging.

Financially, Pak Power Ltd shows a mixed picture. Current assets increased by 15% to £720,000, while net assets grew by 19% to £300,000. However, bank borrowings decreased by 50%, and cash reserves increased by 64% to £110,000. Creditors also increased by 10%, and trade debtors grew by 23%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the increase in creditors suggests a need to manage debt carefully. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Pak Power Ltd appears to be financially stable, but it’s important to monitor its debt levels and cash flow. The company’s focus on high-performance polythene products and its commitment to customer service position it well for continued success—although the virtual address does raise some questions about its long-term stability.

Registered in England/Wales under the registration number 06426105, with a registered address at LE7 7AZ, England, Leicester, Leicestershire, 19a The Nook, Anstey.

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