Walki Limited

Walki Limited, a Glasgow-based company, has been a fixture in the paper and paperboard industry for 98 years, having been incorporated on September 30, 1926. Currently employing 47 people, the large company boasts assets of £3,536,345 and maintains a real address, with two directors overseeing operations. While there are no listed owners, the company has a solid 4.0-star Google rating from 16 reviews. It's a regular importer and exporter, having imported paper and paperboard products for 70 months and exported for 78 months, with the last operations occurring in January 2025.

The company’s website highlights a focus on sustainable packaging solutions. Recent press releases detail partnerships with French dairy cooperatives to supply recyclable packaging for pancakes and a collaboration with Lactips to develop fully biodegradable and plastics-free food packaging. Walki also showcases case studies, including a video demonstrating its compostable lamination film and another focusing on low-carbon insulation facing. The site’s content suggests a strategic shift towards environmentally friendly materials and processes.

Financially, Walki Limited’s recent performance presents a mixed picture. While administrative expenses decreased by 20%, current assets plummeted by a significant 54% to £3.5 million. Bank borrowings increased substantially, jumping 160% to £120,000, and cash reserves dropped dramatically, falling 100% to just £2. These declines, combined with a decrease in net assets of 19%, suggest the company is burning through cash. However, creditors also decreased by 36%, indicating improved debt management. The company’s auditor, MHA, has not reported any issues. Despite these challenges, Walki’s focus on sustainable packaging—and its strong Google rating—position it well for future growth, although a careful eye on cash flow will be essential.

Registered in Scotland under the registration number SC014320, with a registered address at G2 5SG, Scotland, Glasgow, C/O Alexander Sloan, 180 St. Vincent Street.

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