Proampac Elsham Public Limited Company

ProAmpac Elsham Public Limited Company, based in Brigg, UK, is a large, holding company with an active status. Established 37 years ago in 1988, it employs 122 people and holds assets totaling £52,828,234. The company has a real address and is managed by three directors and one owner, boasting a respectable Google rating of 4.0 from 18 reviews. It regularly imports plastics and plastic products (135 months) and exports electrical machinery and equipment (4 months).

The company operates in the manufacture of other plastic products industries. Its website showcases a wide range of flexible packaging solutions, catering to diverse markets including e-commerce, food, beverage, and healthcare. ProAmpac isn’t just a manufacturer; it’s a solutions provider, offering services like pouch prototyping (through MAKR), sustainable packaging options, and even collaboration through its CIC (Collaboration and Innovation Center). The site emphasizes innovation, material science, and partnerships, positioning ProAmpac as a leader in the packaging industry. They have a focus on sustainable packaging and offer recyclable fiber products.

Financially, ProAmpac Elsham Public Limited Company shows a mixed picture. While net assets increased by 41% to £52 million, cash reserves dropped significantly by 63% to £2 million. Bank borrowings increased by 2400%, reaching £29,000, and trade debtors ballooned by 890%. The company’s current assets increased by 17% to £53 million. The sharp decrease in cash reserves and the increase in trade debtors could indicate challenges in managing working capital. The company's staff costs increased by 4.5% to £5.3 million. The lack of an auditor mentioned suggests that the company is exempt from an audit.

Overall, ProAmpac Elsham Public Limited Company appears to be a substantial player in the flexible packaging market, but the financial figures suggest it’s facing some pressures. It’s a large company as it met two conditions of three: turnover more than £36 million, balance sheet more than £18 million, employees more than 250.

Registered in England/Wales under the registration number 02228238, with a registered address at DN20 0SP, England, Brigg, North Lincolnshire, The Flarepath, Elsham Wold.

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