Papercraft Disposables Limited

Papercraft Disposables Limited, based in Watford, UK, is a small, active company founded 34 years ago in December 1990. With six employees and £294,408 in assets, it operates from a real address and is led by three directors and one owner. The company runs an e-commerce site and irregularly imports paper and paperboard products, with the last import operation recorded 1 months ago. It’s a business that seems to be doing alright.

The company’s website showcases a wide range of catering disposables, from paper cups and napkins to food containers and hygiene products. It caters to both commercial and industrial customers, offering a comprehensive selection of supplies for the hospitality, healthcare, and janitorial sectors. The site is well-organized, with clear product categories and a focus on competitive pricing and fast customer support. It’s clear that they are trying to be a one-stop shop.

Financially, Papercraft Disposables Limited’s numbers paint a mixed picture. Current assets have decreased by 34% to £290,000, and net assets have fallen by a significant 59% to £42,000. Cash reserves have also taken a hit, dropping 97% to just £340. Trade debtors have decreased by 32%, which could be a positive sign, but the increase in creditors by 38% suggests a reliance on short-term financing. 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 nimble, but the decline in equity is a cause for concern. No auditor is mentioned, likely due to the company's exemption as a small entity.

Overall, Papercraft Disposables Limited appears to be navigating a challenging economic climate. While its e-commerce presence is strong, the financial data suggests that it's burning through money. Whether it can sustain this pace remains to be seen, but its long-standing presence in the market and its focus on customer service give it a fighting chance.

Registered in England/Wales under the registration number 02567192, with a registered address at WD18 8QU, Watford, 11 Greenhill Crescent, Watford Business Park.

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