Progress Packaging Limited

Progress Packaging Ltd, based in Huddersfield, UK, is a small holding company with an active status, celebrating 28 years since its founding in 1997. The company employs ten people and holds £918,583 in assets, operating from a real address with two directors and one owner. It’s a regular importer of paper and paperboard products (183 months, latest in February 2025) and a regular exporter (14 months, latest in February 2025).

The company’s website, progresspackaging.co.uk, showcases a luxury creative retail packaging business. They offer a wide range of formats – boxes, rigid, corrugate, carton, wooden bags, carrier totes, garment mailers, specialist cases, card holders, menus, and advent calendars – catering to sectors like luxury, beauty, fashion, property, sports, and hospitality. The site emphasizes ecofriendly options and offers insights into packaging trends and customisation guides. They even have a blog detailing how to specify custom advent calendars and the eco-footprint of carrier bags.

Financially, Progress Packaging Ltd shows a mixed picture. Cash bank on hand increased by a healthy 18% to £730,000, while current assets grew by 24% to £920,000. However, creditors increased significantly by 48% to £410,000, and net losses deepened. Trade debtors also rose by 58%, suggesting potential issues with customer payments. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the increase in debt warrants attention. There's no mention of an auditor, likely due to exemption as a small company. The company’s assets are decreasing, which is concerning. Overall, Progress Packaging Ltd seems to be holding its own, but needs to manage its debts effectively to maintain financial stability.

Registered in England/Wales under the registration number 03313874, with a registered address at HD8 8JQ, Huddersfield, West Yorkshire, 150 Penistone Road, Shelley.

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