Pff Packaging (sedgefield) Limited

Pff Packaging Sedgefield Ltd from Keighley UK is a large, holding company with an active status, established 34 years ago in 1990. The company employs 70 people and operates from a real address, managed by five directors and two owners. It boasts a Google rating of 4.0 based on 13 reviews. Regular importer and exporter of plastics and plastic products, with 105 months of import activity and 52 months of export activity.

The company’s primary focus is manufacturing sustainable, recyclable rigid plastic food-grade packaging solutions. Pff Packaging acquired Sirap UK in 2021, bringing together two well-regarded businesses in the packaging sector. They specialize in extruding sheet, and notably, produced 36,000 disposable aprons for the UK NHS and social care frontline workers in 2020. The company strives for service excellence despite rising costs. Their Innovation Centre provides complete package solutions, from initial concept to production and delivery.

Financially, Pff Packaging Sedgefield Ltd presents a mixed picture. Accumulated depreciation has fallen dramatically, with a 100% decrease in land and buildings. Administrative expenses saw a sharp decline of 110%, and staff costs have disappeared entirely. However, bank borrowings have increased by 16%, and net assets have fallen by 260%. Turnover revenue has plummeted by 100%, and cash reserves have also fallen by 100%. The company meets two of three conditions to be considered large, with turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. No auditor is mentioned, likely due to the company’s size.

The company's focus on sustainability and innovation, coupled with its established presence, suggests a strong foundation. However, the significant financial downturn raises concerns about its current trajectory. It’s possible that the company has shifted its operations or is undergoing a period of restructuring, but further investigation is needed to fully understand the situation.

Registered in England/Wales under the registration number 02548722, with a registered address at BD21 4BZ, England, Keighley, 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.