Sabco Packaging Ltd

Sabco Packaging Ltd, based in Nuneaton, UK, is a small, active company founded nine years ago. With twelve employees and £253,022 in assets, it's a solo-founded operation run by a single director and owner, Islam Sabrina. The company operates an e-commerce site with a stellar 5.0 Google rating from just three reviews, showcasing a commitment to customer satisfaction. It’s a real address, and it’s probably a good sign that only one company is registered there.

Sabco Packaging’s website highlights its focus on supplying packaging materials – mailing bags, carrier bags, paper bags, and more – to businesses. It’s a retail sale via mail order houses or via internet industries. The site offers a wide range of products, from eco-friendly options to custom-printed labels, catering to diverse needs. It’s a good business, really.

Financially, Sabco Packaging Ltd presents a mixed picture. While cash bank on hand increased by a respectable 17% to £150,000, net assets only grew slightly to £61,000. Bank borrowings remained steady at £340, and creditors increased by 6.1% to £170,000. 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 for flexibility, but the increase in creditors could be a concern. Average number of employees during the period increased by 17% to fourteen. It’s a little bit worrying, but not too bad. There’s no auditor mentioned, so the figures are unaudited.

Overall, Sabco Packaging Ltd appears to be a solid, albeit small, e-commerce business. It’s a good sign that they’re maintaining a positive Google rating, but the increasing creditors warrant a closer look.

Registered in England/Wales under the registration number 10025231, with a registered address at CV11 6RS, England, Nuneaton, Sabco Packaging Kelsey Close, Attleborough Fields Ind Estate.

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