Quantum Packaging Limited
- Small
- Active
- 14 years
- 13 employees
- £1,931,718 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Quantum Packaging Ltd, based in Musselburgh, UK, is a small, active company founded fourteen years ago in 2010. With thirteen employees and £1,931,718 in assets, it operates from a real address and is managed by two directors and a single owner. The company regularly imports and exports plastics and plastic products – fifty months of imports and nineteen months of exports, the latest in March 2024.
Quantum Packaging specializes in flexible packaging for the food sector, acting as a UK-based international manufacturer. Its product portfolio includes heatsealable lidding film, reelfed laminates, and a wide range of precut or diecut lids, plus base webs, shrink films, butter wraps, and premade bags, doypacks, and pouches. It’s a major supplier in Europe, boasting decades of experience and BRC certification. The company offers printing services using flexography, offset, or rotogravure, ensuring high-quality finishes. They are keen to minimise risk and offer full inventory and WIP reporting.
Financially, Quantum Packaging shows a mixed picture. Current assets increased by 16% to £1,900,000, while net assets also rose by 14% to £1,900,000. Bank borrowings remained stable at £1,700,000, and cash reserves grew by 30% to £660,000. However, creditors decreased by 2.7% to £2,400,000, and trade debtors increased significantly by 55% to £640,000. The company’s small size (meeting two of three conditions for a small company) helps it stay competitive, but the rise in trade debtors could indicate potential cash flow challenges. No auditor is mentioned, which is likely due to its small size and exemption from an audit.
Overall, Quantum Packaging seems to be a well-established player in its niche, but it’s important to monitor its trade debtors and ensure it maintains a healthy cash position.
Registered in Scotland under the registration number SC384974, with a registered address at EH21 6SY, United Kingdom, Musselburgh, East Lothian, Unit 3 Newhailes Industrial Estate, Newhailes Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Okhai Arshad
- 4 years
- 1
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- Okhai Arshad
- 13 years
- 1
-
Resident of United Kingdom
-
Individual
- Okhai Arshad
- 14 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2024-06-30Download 9 pages pdf report
-
Registered office address changed from Unit 3a Newhailes Industrial Estate, Newhailes Road Musselburgh EH21 6SY Scotland to Unit 3 Newhailes Industrial Estate Newhailes Road Musselburgh East Lothian EH21 6SY on 2024-09-16Download 1 page pdf report
-
Confirmation statement made on 2024-09-07 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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FAQ about Quantum Packaging Limited
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