Uk Food Packaging Limited

Uk Food Packaging Ltd, based in London, UK, is a small, active company founded six years ago in 2018. With eight employees and £923,832 in assets, it operates from a virtual address—a detail worth noting as 1009 other companies are registered at the same location. The business is led by a solo founder, Gilgil Bilal, who also serves as the director and owner. It runs an e-commerce site specializing in food packaging supplies.

The company's website showcases a wide range of products, from foil containers and plastic bottles to napkins and wrapping materials, catering to restaurants, cafes, and hotels. It emphasizes high-quality, takeaway-friendly packaging, including eco-friendly options like biodegradable containers and paper bags. The site also highlights a range of cleaning and hygiene products, alongside bakery and event supplies, suggesting a broader offering beyond just food packaging.

Financially, Uk Food Packaging Ltd presents a mixed picture. Current assets increased by 58%, reaching £920,000, while net assets grew by 87% to £450,000. However, bank borrowings remained stable at £33,000, and cash reserves decreased by 51%, dropping to £100,000. Trade creditors increased significantly by 82%, reaching £300,000, which could indicate increased reliance on supplier credit. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increased creditor levels warrant closer attention. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, Uk Food Packaging Ltd seems to be growing, but the increased debt levels and declining cash reserves suggest it’s burning through money. It’s a company to watch, especially given the competitive landscape of the food packaging industry.

Registered in England/Wales under the registration number 11729860, with a registered address at N17 7NA, England, London, 500 White Hart Lane.

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