The Packengers Ltd

The Packengers Ltd, based in Waltham Abbey, UK, is a small, active company founded four years ago. With six employees and £501,270 in assets, it operates from a real address and is overseen by two directors and one owner. While it's an irregular importer of art and antiques (just two months of imports recorded, the last in August 2023), it’s a regular exporter, having shipped art and antiques for an impressive 67 months, with the most recent export in November 2024. The company’s activities fall under the broader category of other transportation support activities.

The company's website, PackingEu, showcases a comprehensive range of warehousing, logistics, and fulfillment services. It caters to online retailers and shops of all sizes, offering everything from incoming goods processing and storage to international shipping and customs services. The site highlights a network of warehouses across Europe, in-house IT support, and a commitment to customized processes and experienced employees. It even offers specialized services like preshipping assembly and disposal management.

Financially, The Packengers Ltd presents a mixed picture. While cash bank on hand increased by 23% to £150,000, current assets declined by a significant 200% to -£520,000. Net assets also took a hit, plummeting 110% to -£1,800,000. Trade debtors increased substantially, rising 290% to £160,000, suggesting a reliance on customer payments. On a positive note, accrued liabilities decreased slightly, falling 2.7% to £59,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the sharp decline in equity and net assets warrants closer attention. As a small company, it’s likely exempt from an audit, so the figures are unaudited. The average number of employees has increased by 33% to eight, which could be a sign of growth, or perhaps a need for more staff to manage the business.

Registered in England/Wales under the registration number 13168168, with a registered address at EN9 1HU, England, Waltham Abbey, 9 Abbey Mead Industrial Park, Brooker Road.

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