Tri Pack Supplies Ltd

Tri Pack Supplies Ltd, based in Gosport, UK, is a small, active company founded 29 years ago. With a single employee and £1,143,516 in assets, it’s a long-standing business operating from a virtual address shared by twenty-four other companies. The company is run by two directors and a solo founder, Stuart Daburn Charles, and maintains a stellar 5.0 Google rating based on seven reviews. It’s an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances, with recent import activity recorded just two months ago.

The company’s website showcases a wide range of packaging supplies and solutions, catering to businesses needing everything from cardboard shredders to void fill machines. It operates an e-commerce platform, allowing customers to browse and purchase products online, and also offers services like custom packaging, hire, and repair. The site’s extensive product listings, including a detailed breakdown of strapping tools, adhesive tape, and protective film, demonstrate a comprehensive understanding of the packaging industry. It even has a section for PPE, showing a commitment to safety.

Financially, Tri Pack Supplies Ltd’s recent report paints a mixed picture. Accumulated amortisation impairment of intangible assets increased by 6.9%, while depreciation of property, plant, and equipment rose by a more significant 53%. Advances to directors increased by 160%, and bank borrowings decreased by 40%, suggesting a reduction in reliance on external financing. Cash reserves, however, fell by 15%, and current assets dropped by 12%, which could indicate tighter cash flow. Despite this, creditors also decreased by 40%, which is a positive sign. The company’s small size (meeting two of three criteria for being considered small) allows for flexibility, but the decrease in equity is something to watch. The report is unaudited, as is common for small companies.

Overall, Tri Pack Supplies Ltd appears to be a stable, long-standing business navigating the challenges of a competitive market. While the financials show some pressures, its strong Google rating and comprehensive product offering suggest a loyal customer base.

Registered in England/Wales under the registration number 03132717, with a registered address at PO12 1LY, Gosport, Hampshire, T M L House, 1a The Anchorage.

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