Venus Packaging Solutions Limited

Venus Packaging Solutions Ltd, based in Leicestershire, UK, is a small, active company founded 18 years ago in 2007. With five employees and £889,092 in assets, it operates from a real address and is led by a single director and owner – Suleman Mumtaj. The business runs an e-commerce site and has a respectable 4.0 Google rating from 20 reviews. It's an irregular importer, primarily dealing in plastics and plastic products, with the last import operation recorded a while back in December 2022.

The company’s website, venuspackagingsolutions.co.uk, showcases a wide range of packaging supplies, from boxes and tape to bubble wrap and void fill. It caters to businesses of all sizes, offering both standard and custom packaging solutions. The site emphasizes competitive pricing and fast delivery—typical hallmarks of a modern packaging supplier. While the website doesn't explicitly state the company's core values, it’s clear that customer service and quality products are priorities.

Financially, Venus Packaging Solutions Ltd presents a mixed picture. Cash bank on hand saw a significant boost, rising 120% to £540,000, which is good news. However, creditors increased by 110%, reaching £360,000 – suggesting a reliance on credit. Current assets also grew by 65%, hitting £890,000, but trade debtors decreased by nearly 10%, which could mean slower customer payments. Equity improved by 49%, reaching £550,000, and fixed assets increased by a substantial 280%, reaching £17,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in creditors warrants closer attention. As a small company, it's exempt from an audit, so the figures are unaudited.

In conclusion, Venus Packaging Solutions Ltd seems to be experiencing growth, particularly in cash reserves, but also faces challenges in managing its creditors. The company’s long-standing presence and positive Google rating suggest a stable business, but the financial data indicates a need for careful monitoring of its short-term liabilities.

Registered in England/Wales under the registration number 06063280, with a registered address at LE5 4NS, Leicestershire, 4 Robinson Road, Leicester.

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