S. Lester Packing Materials Limited

S. Lester Packing Materials Ltd, based in Barnet, UK, is a large, active company founded 17 years ago. With 46 employees and £4.66 million in assets, the firm generates £15.28 million in yearly revenue. While it has a virtual address, it's managed by five directors and a single owner, who is also the solo founder. The company operates an e-commerce site and enjoys a perfect 5.0 Google rating from nine reviews. It regularly imports machinery, boilers, and mechanical appliances parts (for nine months), and exports paper and paperboard products (for four months).

The company specializes in bespoke cardboard box manufacturing, offering a wide range of products from octabin boxes to removal boxes, catering to diverse industries. Its website highlights a commitment to optimizing packaging, delivering more, and providing sustainable solutions. It even boasts a "we can move mountains" tagline, emphasizing its capabilities as a large packaging specialist since 1983. The company offers both bespoke and standard packaging solutions, alongside warehousing and logistics services.

Financially, S. Lester Packing Materials Ltd shows some concerning trends. Creditors have increased dramatically, jumping 2000% to £420,000, while accumulated amortisation impairment intangible assets has fallen 100% to zero. Depreciation on plant machinery has also risen significantly. However, the company’s turnover has increased to £15 million, and the company’s net assets have improved by 33% to £7 million. Despite these positive signs, the sharp increase in liabilities and decrease in cash reserves (down 49% to £840,000) suggests the company is burning through cash. The company's average number of employees has also increased by 28% to 59. The company’s accounts were audited by JLA (UK) Ltd.

Overall, S. Lester Packing Materials Ltd appears to be a well-regarded packaging specialist, but its financial health warrants close monitoring. The company’s ability to manage its increased liabilities and maintain cash flow will be crucial for its long-term success.

Registered in England/Wales under the registration number 06526504, with a registered address at EN5 5BY, United Kingdom, Barnet, Hertfordshire, 42 Lytton Road.

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