Progressive Supplies (paper) Limited

Progressive Supplies Paper Ltd from Windlesham, UK, is a well-established small company with an active status, having been founded 66 years ago in 1959. Employing just five people, the business holds £106,812 in assets and operates from a real address. With two directors and two owners reported, the company runs an e-commerce site and boasts a stellar 5.0 Google rating based on five reviews. They are regular importers of paper and paperboard products, with 47 months of import activity recorded.

The company’s website highlights a focus on sustainable packaging solutions, offering a wide range of bags, food containers, cups, napkins, plates, bowls, cutlery, and wraps. They emphasize bespoke branding options and cater to businesses seeking eco-friendly alternatives. The site showcases clients like Curators Coffee, Mint Velvet, and Ottolenghi, suggesting a focus on quality and premium brands.

Financially, Progressive Supplies Paper Ltd has seen some interesting shifts. Current assets have decreased by 25% to £110,000, while net assets have dramatically increased by 390% to £860,000. Bank borrowings have decreased by 53%, and cash reserves have vanished completely. Creditors have also decreased by 18%, which is a positive sign. The company meets the criteria to be considered small, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Progressive Supplies Paper Ltd appears to be navigating a period of change. While asset values have fluctuated, the significant increase in equity suggests a positive underlying trend. The company's focus on sustainable packaging and its strong online presence position it well for continued success, although keeping a close eye on cash flow will be important.

Registered in England/Wales under the registration number 00626950, with a registered address at GU20 6PJ, England, Windlesham, Paddock House, London Road.

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