Vg Pendragon Ltd

Vg Pendragon Ltd from Malvern UK: a small holding company with an active status, was founded 32 years ago. The company employs 30 people and holds assets valued at £1,212,119. It has a real address, six directors, and one owner. Vg Pendragon Ltd regularly imports and exports paper and paperboard products, with recent activity recorded within the last three months.

The company operates as a holding company for Van Genechten Packaging, a manufacturer of paper and cardboard packaging solutions. Van Genechten Packaging caters to a variety of markets, including general food, frozen food, pet care, beverages, and more, offering bespoke packaging solutions for brands seeking to stand out on the shelf. Their website highlights a focus on sustainability and innovation, with services ranging from design and production to supply chain management. They even have a division specializing in high-end piano restoration, a surprising and prestigious side venture.

Financially, Vg Pendragon Ltd's recent performance shows some concerning trends. Cash bank on hand has decreased by 25%, falling to £650,000, and net assets have dropped by 17%, settling at £960,000. Trade debtors have also seen a significant decrease, falling by 37% to £190,000. However, creditors have also decreased by 50%, falling to £110,000, suggesting improved debt management. 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 decline in equity warrants attention. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Vg Pendragon Ltd appears to be navigating a period of financial adjustment, while its parent company, Van Genechten Packaging, continues to operate in a competitive and demanding market.

Registered in England/Wales under the registration number 02814560, with a registered address at WR14 1GF, Malvern, Worcestershire, Pendragon Presentation Packaging Limited, The Haysfield.

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