Pod Packaging Limited

Pod Packaging Limited is a small, active company based in Ramsgate, UK, founded 21 years ago in 2004. With four employees and £116,797 in assets, it operates from a real address at Manston Business Park. The company is run by two directors and one owner, Glanville Mark David. Pod Packaging imports cork and cork products irregularly, with the last import recorded in October 2022, and exports aluminum and aluminum products, with the last export in February 2023.

The company’s website, podsustainablegoods, showcases its focus on sustainable promotional merchandise, specializing in plants, seeds, and candles. It operates as a trade-only supplier, offering custom hampers and white-label website options for clients. The website highlights its rural factory in Berkshire and emphasizes reusable, recyclable, or biodegradable products. It even has a division focused on high-end piano restoration, 1066 Pianos, which operates from Cambridge and has a showroom in Harrods.

Financially, Pod Packaging Limited shows a mixed picture. Current assets have decreased by 35% to £120,000, while net assets have increased by 19% to £26,000. Bank borrowings have decreased by 25% to £19,000, and cash reserves have dropped significantly by 82% to £1,500. Creditors have also decreased by 22% to £9,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. The sharp drop in cash reserves, however, raises concerns about its short-term liquidity. With no auditor mentioned, the figures are unaudited.

Overall, Pod Packaging Limited appears to be navigating a challenging period. While its sustainable merchandise focus and diversified business lines offer potential, the company needs to address its declining cash reserves to ensure its long-term financial health.

Registered in England/Wales under the registration number 05059784, with a registered address at CT12 5NQ, England, Ramsgate, Kent, 81 The Laurels, Manston Business Park.

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