Proampac Security Products Limited

Proampac Security Products Ltd from Royston UK is a large, active company founded eighteen years ago. With fifty employees and £3,726,389 in assets, it operates from a real address and is led by two directors, though there are no listed owners. The company runs an e-commerce site and holds a respectable Google rating of 4.0 based on eight reviews. It's a regular importer and exporter of plastics and plastic products, having imported for 46 months and exported for 62 months.

The company’s website, proampac.com, focuses on tamper-evident security bags, shipping mailers, and stock pouches, catering to businesses seeking secure packaging solutions. It offers free deposit tickets or stamps on orders over £250 and emphasizes secure payment options and delivery within 7-10 business days. The site also features FAQs and contact information, with a dedicated section for customer support.

Financially, Proampac Security Products Ltd shows some concerning trends. While cash reserves increased by 19%, reaching £530,000, administrative expenses jumped 12%, hitting £1.2 million. Net profit plummeted by 96%, ending at just £5,900. Staff costs decreased by 5%, but trade debtors ballooned by 14%, reaching £1.9 million—suggesting potential issues with customer payments. The company’s large size (meeting two of three criteria for a large company) and the significant asset base indicate a substantial operation, but the sharp decline in profits warrants closer scrutiny. The lack of a mentioned auditor suggests that the company is exempt from an audit, relying on unaudited financial statements.

Overall, Proampac Security Products Ltd appears to be a well-established business facing some financial headwinds. While its e-commerce presence and product offerings seem strong, the declining profitability raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 05990845, with a registered address at SG8 6DN, Royston, Hertfordshire, Ampac Security Products Saxon Way, Melbourn.

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