Polypackaging Limited

Polypackaging Ltd from Ayr, UK, is a small, active company founded 31 years ago. Employing seven people and holding £211,259 in assets, it’s a well-established business with a real address and three directors overseeing operations, alongside a single owner. The company has a solid 4.0 Google rating based on seven reviews, and it’s a regular importer of machinery, boilers, and mechanical appliances, with recent activity recorded just five months ago.

The company’s website showcases a focus on polystyrene packaging solutions, particularly boxes for fish, horticultural trays, and live prawn transport. They offer a range of sizes and specifications, catering to various industries, from fresh produce to aquaculture. They also offer custom packaging options, highlighting their ability to meet specific client needs. The site emphasizes lightweight, durable, and insulating properties, appealing to businesses seeking reliable and efficient packaging. They even have a Twitter account, which is a nice touch.

Financially, Polypackaging Ltd presents a mixed picture. Current assets have decreased by 15%, dropping to £210,000, while net assets have fallen by 7.4%, settling at £250,000. Bank borrowings have significantly reduced by 80%, down to £25,000—a positive sign. However, trade debtors have also declined by 32%, which could indicate slower customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants a closer look. With no auditor mentioned, the figures are unaudited.

Overall, Polypackaging Ltd appears to be a stable, long-standing business, but the recent financial trends suggest some challenges. The company's focus on a niche market—polystyrene packaging—and its commitment to customer service should help it navigate these pressures, but keeping an eye on those key financial metrics will be important moving forward.

Registered in Scotland under the registration number SC150643, with a registered address at KA8 9RX, Ayr, 2/4 Whitfield Drive, Heathfield Industrial Estate.

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