Sgl Co-packing Limited

Sgl Co-packing Limited is a small, holding company based in Woodford Green, UK, with an active status. Established 39 years ago in 1986, it employs 115 people and holds assets worth £1,415,817. The company operates from a virtual address, a detail flagged by the presence of 741 other companies registered at the same location. It’s managed by two directors and has one owner, though the list of owners was changed nine years ago. Sgl Co-packing Limited regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation occurring in June 2024.

The company specializes in contract packing and contract manufacturing services, operating from Nelson, Lancashire. Its website details a range of services, including bagging, flowwrapping, cartoning, and handpacking, catering to both large and small suppliers. They offer services for dry food and general merchandise, with a focus on allergen-free and temperature-sensitive products. Sgl Copacking Limited also provides added-value services like sourcing packaging materials, printing labels, and product inspection. They even offer point-of-sale packing solutions, including clip stripping. The company operates two factories, SGL1 and SGL2, and is a subsidiary of The Keswick Enterprises Group.

Financially, Sgl Co-packing Limited shows a mixed picture. Current assets have decreased by 20% to £1,400,000, while net assets have fallen by 20% to £1,400,000. Cash reserves have taken a significant hit, dropping 48% to £480,000. However, creditors have also decreased by 16%, suggesting improved debt management. Bank borrowings remain steady. The company’s size—meeting two of three criteria for a small company—helps it maintain agility. The company’s net loss has increased significantly, from £320,000 to -£60,000. The company is audited by Raffingers LLP.

The decrease in cash and increase in net loss could be attributed to rising operational costs or investments in new equipment. The virtual address and large number of companies registered there raise questions about the company’s administrative overhead. Despite these challenges, Sgl Co-packing Limited appears to be a well-established player in the contract packing industry, leveraging its expertise and flexibility to serve a diverse range of clients.

Registered in England/Wales under the registration number 01976061, with a registered address at IG8 8HD, United Kingdom, Woodford Green, Essex, 19-20 Bourne Court Southend Road.

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