The Wool Packaging Company Ltd

The Wool Packaging Company Ltd, based in Stone, Staffordshire, is a sizable operation with a 15-year history, employing 57 people and holding assets of £3,105,890. As a holding company with an active status, it’s a key player in the insulated packaging sector. The company boasts a 4.0 Google rating from 27 reviews, reflecting customer satisfaction. It regularly exports textile padding, felt, and nonwoven fabrics, ropes, and cables (45 months), but imports these materials less frequently (2 months).

The company's core business revolves around providing sustainable thermal packaging solutions, primarily for the food and pharmaceutical industries. Its website highlights a commitment to eco-friendly practices, using wool as a natural insulator and emphasizing reuse and recycling initiatives. It’s a B Corp certified company, further demonstrating its dedication to social and environmental responsibility. They even offer bespoke solutions and actively promote their partnerships and awards.

Financially, The Wool Packaging Company Ltd shows a mixed picture. While cash reserves increased by a healthy 98% to £460,000, net assets remained relatively stable at £1.3 million. However, bank borrowings increased by 14%, reaching £210,000, and net losses deepened from £280,000 to £480,000. Trade debtors also rose significantly, suggesting potential challenges in collecting payments. Despite these pressures, creditors decreased slightly, indicating improved debt management. The company’s size (meeting two of three criteria for a large company) allows for agility, but the increased losses warrant close monitoring. The financial statements were audited by DJH Audit Limited.

Overall, The Wool Packaging Company Ltd appears to be navigating a complex landscape, balancing its commitment to sustainability with the financial realities of a competitive market.

Registered in England/Wales under the registration number 06900094, with a registered address at ST15 0SS, Stone, Staffordshire, Units 1a & 1b Tungsten Park Opal Way, Stone Business Park.

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