Stevenage Packaging Limited

Stevenage Packaging Ltd, a large company based in Stevenage, UK, has been a fixture in the packaging industry for 36 years. Holding company status and an active trading status, the company employs 26 people and boasts assets of £7,892,412, generating a yearly revenue of £16,602,048. With a real address and three directors overseeing operations, the business is a well-established entity, and it’s also an e-commerce site with a stellar 5.0 Google rating from 16 reviews. They regularly import paper and paperboard products (132 months) and export plastics and plastic products (32 months).

The company’s website showcases a wide range of packaging solutions, from printed and plain polythene bags to luxury boxes and mailing bags. They supply to various sectors, including food, retail, and industrial, and have several subsidiary websites catering to specific niches like bakery packaging and luxury goods. They even offer consultancy services, demonstrating a commitment to customer support and expertise.

Financially, Stevenage Packaging Ltd’s recent report reveals some interesting trends. While turnover remained steady at £16,602,048, net assets increased by 11%, reaching £3,400,000. Bank borrowings decreased by 10%, to £320,000, and cash reserves increased by 16%, to £2,600,000. Creditors decreased by 17%, to £2,800,000, suggesting improved debt management. The company meets the criteria for a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The report was audited by Menzies LLP.

These numbers suggest a financially stable and well-managed company, although the decrease in trade debtors by 12% might indicate some challenges in collecting payments. The company’s long history, diverse product range, and strong online presence position it well for continued success in the competitive packaging market.

Registered in England/Wales under the registration number 02341130, with a registered address at SG1 3EE, United Kingdom, Stevenage, Stewart House Stewart House, Primett Road.

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