Ryaaz Packaging Ltd

Ryaaz Packaging Ltd from Camberley UK is a small, active company founded 17 years ago. With five employees and £440,997 in assets, it’s a family business run by two owners and overseen by five directors. The company regularly imports paper and paperboard products, with its last import operation recorded three months ago. It operates in the packaging activities industries and has a real registered address.

The company’s website, ryaazpackaging.co.uk, showcases a range of packaging solutions, including cardboard boxes, postal boxes, and custom-printed packaging. While the site doesn’s offer direct e-commerce functionality, it serves as a brochure, highlighting the company’s capabilities and inviting customers to request quotes. It’s a fairly basic site, lacking advanced features like online ordering or live chat, suggesting a more traditional sales approach.

Financially, Ryaaz Packaging Ltd shows some concerning trends. Current assets have fallen significantly, dropping 55% to £440,000, while net assets have also declined 15% to £250,000. Cash reserves have fallen by 14% to £210,000, and trade debtors have plummeted 74%, indicating a decrease in outstanding payments. On a positive note, creditors have also decreased by 40%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the decrease in equity is something to keep an eye on. There’s no mention of an auditor, likely due to the company’s small size and exemption from an audit. The accounts are unaudited, relying on director-reported data.

In short, Ryaaz Packaging Ltd appears to be facing some financial headwinds, despite its long-standing presence in the market. The decrease in debtors is a little worrying, but the reduction in creditors is a good sign. Whether the company can navigate these challenges and maintain its position in the packaging industry remains to be seen.

Registered in England/Wales under the registration number 06301270, with a registered address at GU15 1JF, Camberley, Surrey, The Beeches, 7a Hope Fountain.

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