Pick Pack Despatch Ltd

Pick Pack Despatch Ltd, based in Milton Keynes, UK, is a small, holding company with an active status. Established 18 years ago in 2006, it employs nine people and holds £118,432 in assets. The company is overseen by four directors and one owner, with V Group International Ltd being the owner. It has a real registered address and operates from K1 Kiln Farm.

The company's core business revolves around providing tailor-made logistics solutions for small and medium-sized enterprises (SMEs). Its services include order fulfilment, storage, shrink wrapping, global fulfilment, repackaging, returns processing, and customer services. The website highlights a commitment to openness, accurate processing, and speedy communication. Testimonials from clients like Oxford Biolabs, Mega Nutrition, MEY Design, and Seal Designs praise Pick Pack Despatch's efficiency, professionalism, and cost-effectiveness. The company also offers shrink wrapping services and has a new website.

Financially, Pick Pack Despatch Ltd shows a mixed picture. Current assets decreased by 18% to £120,000, while net assets increased significantly by 2000% to £13,000. Bank borrowings are at zero, and cash reserves decreased by 21% to £19,000. Creditors decreased by 1.1%, suggesting improved debt management. 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 decrease in cash reserves warrants attention. The company is exempt from an audit, so the figures are unaudited.

The company’s financial data shows a decrease in future minimum lease payments under non-operating leases by 60%, which might indicate a restructuring of its warehouse space. The increase in average number of employees by 11% suggests the company is growing, but the decrease in trade debtors by 24% could be a sign of delayed customer payments. Overall, Pick Pack Despatch Ltd appears to be navigating a period of change, balancing growth with financial stability.

Registered in England/Wales under the registration number 05857407, with a registered address at MK11 3LW, England, Milton Keynes, K1 Kiln Farm.

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