Transrap Packaging Limited

Transrap Packaging Ltd, based in Sutton In Ashfield, UK, is a small, active company founded nine years ago in 2015. Employing twenty people and holding £588,723 in assets, it’s a real address operation overseen by two directors and a solo founder. The company regularly exports plastics and plastic products (eighteen months of activity), but imports them irregularly (just two months).

The company’s website highlights its focus on manufacturing high-quality, flexible packaging. It offers bespoke sizes, quick turnaround times, and quality assurance, catering to a wide range of customers. Transrap Packaging Ltd utilizes conversion machines to produce packaging and emphasizes expert advice. The website also showcases an extensive stock range, various styles, and printing options, including hotfoil and flexographic printing. They have a physical address at Unit D Birch Park, Coombe Road, Newthorpe, Nottingham NG16 3SU, and are active on Instagram and Facebook.

Financially, Transrap Packaging Ltd shows a mixed picture. Current assets have fallen by 12% to £590,000, while net assets increased by 37% to £460,000. Bank borrowings have risen by 15% to £350,000, and cash reserves decreased by 63% to £23,000. Creditors have also decreased by 20%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

While the company appears to be growing its asset base, the decline in cash reserves and increase in bank borrowings suggests it may be investing heavily to support that growth, and perhaps burning through cash a little faster than it’s bringing it in.

Registered in England/Wales under the registration number 09870433, with a registered address at NG4 2JY, United Kingdom, Nottingham, Nottinghamshire, 3 Colwick Quays Business Park, Colwick.

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