Purepak Limited

Purepak Ltd from Leicester UK: a small, active company founded 15 years ago, employs just two people, and holds £43,771 in assets. It operates from a virtual address, managed by three directors and two owners, and is a family business with a stellar 5.0 Google rating based on 20 reviews. The company regularly imports paper and paperboard products, with its last import operation recorded four months ago.

The company’s website showcases a diverse range of packaging solutions, primarily focused on industrial bulk containers. It’s a supplier of IBC tanks, drums, and jerrycans, catering to industries like food, drinks, pharmaceuticals, and chemicals. The site highlights new packaging options, reconditioned containers, and even custom-built stainless steel IBCs. It also provides services like laundering, warehousing, and transportation, alongside a focus on environmental sustainability. The website is very active with news and testimonials.

Financially, Purepak Ltd presents a mixed picture. Cash bank on hand has increased significantly by 430% to £5,100, which is good. However, current assets have decreased slightly by 4.1% to £44,000. Debtors have also fallen by 13% to £39,000. Creditors have reduced by 35% to £4,900, which is a positive sign of better debt management. Equity has increased by 18% to £4,900. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small entity, it’s exempt from an audit, so the financial statements are unaudited.

The company’s increased cash reserves suggest improved liquidity, but the slight decrease in current assets and debtors warrants monitoring. The reduction in creditors is encouraging, and the company’s focus on reconditioning and sustainable practices could be a key differentiator in a competitive market.

Registered in England/Wales under the registration number 07226068, with a registered address at LE1 1LB, England, Leicester, 122 Charles Street.

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