Ring Containers Limited

Ring Containers Ltd, based in London, UK, is a holding company with an active status, established seven years ago in 2017. The company employs 36 people and holds assets valued at £11,820,304. It has a real registered address and is managed by two directors, although no owners are currently listed. The company enjoys a perfect 5.0 Google rating based on ten reviews. Ring Containers regularly imports machinery, boilers, and mechanical appliances, with 16 months of import activity recorded, and exports plastics and plastic products, with 27 months of export activity.

The company’s website, Packaging For Liquids, showcases Ring Containers as a leading manufacturer of bottleinbox packaging for liquids, specializing in a patented antiglug neck for easier pouring. It’s a subsidiary of Ring Container Technologies, a multinational corporation headquartered in Tennessee, USA. The UK facility, opened in 1994 and located in Swanley, Kent, focuses on sustainable packaging innovation, user-friendly design, and cost-effectiveness. The company’s products are used for edible oils, cleaning products, and other liquids. It complies with EU regulations and is BRCGS accredited.

Financially, Ring Containers Ltd shows a mixed picture. Cash bank on hand increased significantly by 40%, reaching £6.5 million, while accrued liabilities decreased by 26% to £220,000. Creditors decreased by 13%, suggesting improved debt management, but trade debtors decreased by 3.8%. Net assets grew by 19% to £11 million. The company’s current assets increased by 17%, reaching £12 million. While the company’s equity grew by 48% to £11 million, retained earnings decreased by 3.9%. The company’s property plant and equipment decreased by 5.2% to £600,000. The lack of an auditor is likely due to the company’s size and exemption status.

Overall, Ring Containers Ltd seems to be financially stable, with growing assets and cash reserves. The company’s focus on sustainable packaging and its global parent company position it well for continued success, although the decrease in retained earnings is something to keep an eye on.

Registered in England/Wales under the registration number 11013108, with a registered address at WC1N 3AX, London, Greater London, 27 Old Gloucester Street.

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