Smart Packaging Limited

Smart Packaging Ltd, based in St. Austell, UK, is a small, holding company with an active status. Established 23 years ago in 2001, it employs 29 people and holds £1,304,672 in assets. The company operates from a virtual address – fifteen companies are registered at the same location – and is overseen by three directors and one owner. It regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation made on August 01, 2023, and occasionally exports electrical machinery and equipment, with the last export operation made on June 01, 2024.

The company’s website highlights its role as a designer, manufacturer, and supplier of corrugated cartons and a range of packaging materials. It caters to businesses large and small, offering both standard requirements and bespoke packaging solutions. Services include printing, in-house design, and free delivery within certain postcodes. The website also mentions a three-coloured flexo folder gluer installation, indicating investment in its manufacturing capabilities.

Financially, Smart Packaging Ltd shows some concerning trends. Current assets decreased by 17% to £1,300,000, while net assets dropped 24% to £1,100,000. Bank borrowings declined by 30% to £120,000, and cash reserves fell 50% to £130,000. Creditors decreased by 6.7%, suggesting better debt management. The company meets the criteria for a small company – turnover under £10.2m, assets under £5.1m, and fewer than 50 employees – and is exempt from an audit, so the figures are unaudited.

The company’s assets have decreased, and the cash reserves are low, which could be a sign of financial pressure. However, the decrease in creditors and the investments in equipment suggest a proactive approach to managing costs and improving efficiency. It’s clear that the company is trying to stay afloat, but it's a little bit tight.

Registered in England/Wales under the registration number 04312432, with a registered address at PL26 7QF, England, St. Austell, Boscawen House, St. Stephen.

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