Preston Board And Packaging Limited

Preston Board and Packaging Ltd, based in Preston, UK, is a sizable company with a 43-year history, currently employing 216 people and holding assets valued at £18.377 million. This holding company, boasting a perfect 5.0 Google rating from 12 reviews, is an active player in the paper and paperboard industry, regularly importing (112 months) and exporting (70 months) these materials. The company is managed by seven directors and owned by Marblegrange Ltd, with a list of directors changed four years ago.

The company’s website showcases Preston Board as a leading manufacturer of laminated, cartonboard, solid board, and display board products, operating two modern laminators and producing over 20,000 tonnes of board annually. They pride themselves on high-quality products, fast service with their own transport fleet, and eco-friendly practices, including FSC and ISO 14001 certifications. The business caters to diverse applications, from luxury packaging to bed manufacturing, and offers services like sheet cutting, corner rounding, and die-cutting.

Financially, Preston Board’s performance presents a mixed picture. While cash reserves increased by a healthy 85% to £6.2 million, current assets experienced a 12% decrease to £18 million. Bank borrowings were reduced by 28%, and debtors dropped significantly by 36% to £8.5 million. However, net losses deepened by 24% to £2.3 million, and creditors decreased by 20% to £12 million. The company’s large size (meeting two of three criteria for a large company) suggests a robust operation, but the increased losses raise questions. The unaudited financial statements, overseen by MHA, don't offer a full picture of the company’s health, but the trends indicate a need for careful management.

Registered in England/Wales under the registration number 01567779, with a registered address at PR1 7JS, Preston, Arkwright Mill, Greenbank Street.

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