Wepack Ltd.

Wepack Ltd from Ilkeston, UK, is a small holding company with an active status, established seven years ago. Employing 29 people, the company holds assets worth £1,120,250 and operates from a real address. Two directors and three owners manage the business, which regularly imports plastics and plastic products (18 months) and occasionally exports miscellaneous food products (2 months).

The company’s core operations revolve around contract packing and filling services, as evidenced by its website. Wepack Ltd caters to a range of clients, offering services like vertical bagging, filling, rework, and flow wrapping. It supports both food and non-food products, with capabilities ranging from small sachets to large pouches. The website highlights the company's 30 years of experience and commitment to providing innovative solutions, emphasizing its responsiveness and quality service. The site also features testimonials and a list of brands it supports, showcasing its established reputation.

Financially, Wepack Ltd’s report reveals a mixed picture. Average employee numbers increased by 17% to 34, while cash bank on hand dropped significantly by 50% to £280,000. Creditors decreased by 21%, suggesting improved debt management, but the significant decrease in net assets—down 41% to £630,000—raises some concerns. Debtor levels increased by 24%, which could be a sign of increased sales, or potentially a challenge in collecting payments. The company’s small size—meeting two of three conditions to be considered small—allows for agility, but the decline in equity warrants closer attention. The report doesn't mention an auditor, which is common for small companies, so the financial data is unaudited. It seems like Wepack Ltd is navigating a period of change, balancing growth with financial stability.

Registered in England/Wales under the registration number 10910819, with a registered address at DE7 4RF, United Kingdom, Ilkeston, Derbyshire, Cedar Court Griffon Road, Quarry Hill Industrial Park.

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