Seal Packaging Limited

Seal Packaging Ltd, based in Waltham Cross, UK, is a small holding company with an active status, having operated for 34 years. The company employs just four people and holds assets totaling £1,034,982. With a real address and three directors overseeing operations, it's a relatively lean structure. One owner is listed, though this figure may not be exhaustive. Seal Packaging regularly imports plastics and plastic products (11 months of import activity, last in November 2022) but exports irregularly (2 months, last in December 2023).

The company’s website paints a picture of a food packaging specialist, boldly different and focused on integrity. They design, source, and produce packaging solutions for food and catering distributors, retailers, and high street brands. They emphasize bespoke products, sustainability, and innovation, offering a wide range of eco-friendly options like compostable bowls and recyclable cutlery. The website even highlights a "Snappy Sealer" – an air-tight sealing device – and innovative agri-waste bags. The company operates in the agents involved in the sale of a variety of goods industries.

Financially, Seal Packaging Ltd shows a mixed bag. Current assets increased by 23% to £1,000,000, while net assets rose 30% to £510,000. Bank borrowings decreased by 36%, and cash reserves increased by 18% to £150,000. Creditors increased by 20%, and trade debtors rose by 31%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Deferred tax expense credit relating to origination reversal timing differences decreased significantly by 120%. The accounts are unaudited, likely due to the company's small size and exemption from audit.

While the increased assets and cash reserves are positive signs, the rise in creditors suggests a need to manage debt effectively. The company's focus on sustainable packaging and its innovative products positions it well in a growing market, but ongoing financial management will be key to long-term success.

Registered in England/Wales under the registration number 02510769, with a registered address at EN7 5BW, England, Waltham Cross, Hertfordshire, East Wing, Goffs Oak House Goffs Lane, Goffs Oak.

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