Pick And Pack Express Limited

Pick And Pack Express Ltd, based in Coalville, UK, is a small, active company founded sixteen years ago in 2008. With seven employees and £131,448 in assets, it’s a solo-founded operation run by a single director and owner. The company operates from a real address, with four other businesses registered at the same location. It regularly imports electrical machinery and equipment, with six months of import activity recorded, and exports machinery, boilers, and mechanical appliances, with thirteen months of export activity.

The company's website highlights its core business: providing fulfilment services, including contract warehousing, collation and assembly, and warehousing solutions. It caters to businesses needing warehousing, packaging services, and distribution, emphasizing increased efficiencies, accuracy, and reduced costs. The website also mentions a 50-year experience in warehousing solutions and logistics, and it’s clear they’re targeting businesses seeking to outsource their fulfilment needs.

Financially, Pick And Pack Express Ltd shows a mixed picture. Cash bank on hand increased by 39% to £48,000, which is good, but current assets remained relatively flat at £130,000. Bank borrowings jumped significantly, increasing by a whopping 2,400% to £31,000, and trade debtors decreased by 17%, which could indicate issues with customer payments. Equity also declined by 15%, dropping to £87,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in borrowings and decrease in equity are concerning. No auditor is mentioned, likely due to its status as a small company.

Overall, Pick And Pack Express Ltd seems to be navigating a challenging period. While its fulfilment services appear well-positioned to meet market demand, the financial data suggests it’s burning through cash and relying more on borrowing. It's a bit worrying, but hopefully, the company can turn things around.

Registered in England/Wales under the registration number 06617386, with a registered address at LE67 3QE, Coalville, Leicestershire, Temple Chambers, 16a Belvoir Rd.

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