Wigston Paper Limited

Wigston Paper Limited, based in Coalville, UK, is a small, holding company with an active status. Founded seven years ago in December 2017, the company employs six people and holds assets of £2,640,619. It operates from a real address and is managed by one director and one owner. Wigston Paper is a regular importer, bringing in paper and paperboard products for 103 months, with the latest import occurring in February 2025. The company's activities are focused on the wholesale of intermediate products.

The company’s website is unavailable, making it difficult to ascertain the specifics of its online presence and sales channels.

Financially, Wigston Paper Limited presents a mixed picture. While its fixed assets have seen a significant increase of 120%, its current assets have decreased by 30% to £2,600,000. Bank balances have also fallen by 54%, dropping to £57,000. Trade debtors have increased by a substantial 38%, reaching £660,000, which could indicate an expansion in credit sales. Creditors have decreased by 21%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in current assets and cash reserves warrants attention. The company’s auditor is UHY Hacker Young. The company has taken advantage of the exemption under Companies Act in not publishing its own profit loss statement.

Despite the financial pressures, Wigston Paper Limited’s consistent import activity and established presence in the wholesale sector suggest a resilient business model. The decrease in net current assets could be a result of increased investment in inventory to meet demand, or it could be a sign of cash flow challenges. It's likely that the company is experiencing some turbulence, but its long-standing import record and the growth in trade debtors indicate that it's still generating revenue.

Registered in England/Wales under the registration number 11120462, with a registered address at LE67 4NA, United Kingdom, Coalville, Jubilee House Whitwick Business Park, Stenson Road.

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