Pff Packaging (north East) Limited

Pff Packaging North East Ltd, based in Keighley, UK, is a sizable family business operating as a holding company. Incorporated fifteen years ago in 2009, it employs 105 people and holds assets valued at £5,364,896. The company reported a yearly revenue of £22,173,364, demonstrating a significant scale of operations. With seven directors and three owners, the company is managed by a dedicated team, and boasts a respectable Google rating of 4.0 based on 13 reviews. It regularly imports plastics and plastic products, with 8 months of import activity recorded, and exports these products irregularly, with 2 months of export activity.

Pff Packaging’s core business revolves around manufacturing sustainable, recyclable rigid plastic food-grade packaging solutions. The company’s website highlights its commitment to innovation, with an Innovation Centre supporting design, prototyping, and production. It even acquired Sirap UK in 2021, bringing together two established businesses in the packaging sector. A key achievement was a contract with the UK Department for Health and Social Care to manufacture disposable aprons for frontline workers during the pandemic—a proud moment for the company.

Financially, Pff Packaging’s recent performance shows some concerning trends. While turnover increased by 5.8% to £22,173,364, net assets plummeted 60% to -£1,600,000. Bank borrowings increased by a substantial 2,400% to £29,000, and cash reserves fell 30% to £28,000. Creditors, however, decreased by 18%, suggesting some improvement in debt management. The company’s size—meeting two of three criteria for a large company—allows for flexibility, but the sharp decline in equity raises questions about its financial health. No auditor is mentioned, likely due to its status as a smaller company.

The company’s focus on sustainability and innovation, combined with its family-owned structure, positions it well in a market increasingly demanding eco-friendly packaging. However, the recent financial pressures suggest a need for careful management and a focus on profitability to ensure long-term success.

Registered in England/Wales under the registration number 07089716, with a registered address at BD21 4BZ, England, Keighley, West Yorkshire, Unit 3 Airedale Park, Royd Ings Avenue.

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