Pps Packaging Ltd

PPS Equipment Returnable Transit Packaging Ltd, based in Marchington, Staffordshire, UK, is a small, active company founded nine years ago. With four employees and £1,141,324 in assets, it operates from a real address and is managed by a single director and owner. The company boasts a 5.0 Google rating from eleven reviews, reflecting positive customer experiences. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances; parts, with 145 months of import activity recorded.

The company’s website highlights its core business: providing returnable transit packaging solutions. It offers services like washing, rental, pooling, and repairs, catering to sectors like food, fish, transport, automotive, and retail. It’s not an e-commerce site in the traditional sense; instead, it functions as a B2B provider, offering equipment rental and management services. The website emphasizes sustainability, highlighting the environmental benefits of returnable packaging compared to single-use alternatives. It even has a section dedicated to case studies, demonstrating its expertise and impact on various industries.

Financially, PPS Equipment Returnable Transit Packaging Ltd presents a mixed picture. While cash reserves increased by 18% to £45,000, current assets dropped by 20% to £1,100,000. Bank borrowings decreased significantly by 41% to £28,000, and creditors fell by 97% to just £560. However, trade debtors surged by a staggering 1000%, reaching -£200,000—a worrying trend that suggests potential issues with 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 agility, but the substantial increase in trade debtors warrants closer scrutiny. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

Overall, PPS Equipment Returnable Transit Packaging Ltd appears to be navigating a period of transition. While its services are clearly in demand, the company’s financial health requires careful monitoring, particularly concerning its ability to collect outstanding debts.

Registered in England/Wales under the registration number 10178859, with a registered address at N16 9BS, England, London, 17 Green Lanes.

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