Uflex Europe Limited

Uflex Europe Limited, based in London, UK, is a large company with an active status, having been incorporated twenty-one years ago in March 2004. Despite employing just five people, it holds significant assets, totaling £21,921,783. The company’s yearly revenue reached £19,909,393, demonstrating a substantial operation. While it has a registered address, forty-one companies share this virtual address, raising some questions. It’s managed by four directors, but surprisingly, no owners are listed, suggesting a complex ownership structure. Uflex Europe operates an e-commerce site, facilitating online sales. The company regularly imports and exports plastics and plastic products, with nineteen months of import activity and forty-six months of export activity recorded.

Uflex is a multinational flexible packaging and solutions company, and its European arm clearly plays a key role. The website details a wide range of businesses, from packaging films and chemicals to aseptic packaging and holography. It's evident that Uflex is focused on innovation, highlighted by sections dedicated to sustainability and new product developments like recyclable films and specialized coatings. The site also showcases a strong emphasis on customer service and technical expertise, positioning Uflex as a leader in the packaging industry.

Financially, Uflex Europe Limited's recent performance presents a mixed picture. While turnover increased by a respectable 9%, net assets plunged a staggering 73%, dropping to just £16,000. Bank borrowings exploded by 2,400%, reaching £29,000, and cash reserves dwindled by 30% to £28,000. However, creditors did decrease by 18%, which could indicate better management of short-term liabilities. The company's size (meeting two of three criteria for a large company) allows for agility, but the sharp decline in equity is concerning. The lack of an auditor mentioned suggests the company is exempt, relying on unaudited statements.

The surge in bank borrowings and the decrease in cash reserves could be attributed to investments in new technologies or expansion efforts, but the significant drop in net assets warrants closer scrutiny. Despite these financial challenges, Uflex Europe’s strong brand reputation and diverse range of products suggest a resilient business that could weather these pressures.

Registered in England/Wales under the registration number 05086797, with a registered address at W1J 6BY, England, London, Wing 1, 9th Floor Berkeley Square House, Berkeley Square.

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