Paramount Packaging (uk) Limited

Paramount Packaging (uk) Limited, based in Birmingham, UK, is a small, active company founded twelve years ago in 2012. With a single employee and £232,934 in assets, it’s a solo-founder operation led by one director and owner. The company operates from a real address and is a regular importer of paper and paperboard products, with 17 months of import activity recorded, the latest in October 2024. It also occasionally exports optical and medical tools and devices, with just one month of export activity in February 2021.

The company’s website reveals it’s a specialist supplier of flow wrapping machinery, specifically representing Fuji Machinery Co. in the UK and Ireland. It focuses on providing high-speed horizontal flow wrappers for the food, non-food, medical device, and pharmaceutical industries. The site highlights over 30 years of success, over 800 machines sold, and a focus on industry expertise, showcasing recent news about participating in industry events and supplying machines to confectionery suppliers.

Financially, Paramount Packaging (uk) Limited shows a mixed picture. Current assets decreased by 20% to £230,000, while net assets remained steady at £160,000. Bank borrowings decreased by 61%, suggesting improved cash flow management, and cash reserves dropped 30% to £89,000. Creditors decreased by 47%, which is good, but trade debtors also plummeted 61%, which could indicate issues with customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) helps it remain flexible. With no auditor mentioned, the figures are unaudited.

Overall, Paramount Packaging (uk) Limited seems to be navigating a period of change. While the company’s core business appears stable, the decrease in assets and debtors could be a cause for concern. The company’s focus on specialized machinery and strong industry partnerships, however, suggests a potential for future growth, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 08204189, with a registered address at B17 0SW, Birmingham, 3 Dorchester Drive, Harborne.

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