Wipak Uk Limited

Wipak UK Limited, a family business based in Welshpool, UK, is a large company with an active status, having been incorporated 49 years ago in March 1976. Employing 109 people and holding assets of £11,289,841, it operates from a real address and is overseen by six directors and two owners. The company boasts a respectable Google rating of 4.0 based on 18 reviews and is a regular importer and exporter of plastics and plastic products, with 301 months of import activity and 54 months of export activity recorded.

Wipak UK Limited is part of the global Wihuri Group, specializing in packaging solutions for food products, medical devices, and pharmaceutical products. Its website highlights a commitment to sustainability, offering innovative services like N.E.X.T. Innovation and Wiicare Healthcare packaging. The company's product range is extensive, covering flexible and semi-rigid thermoformable films, lidding films, flow pack films, and pouch solutions, catering to diverse applications like meat, fish, cheese, bread, pet food, and medical packaging.

Financially, Wipak UK Limited demonstrates a mixed picture. While its turnover remains substantial, net assets have increased by a significant 24%, and bank borrowings have surged by 2,400%—reaching £29,000. Creditors decreased by 18%, suggesting improved debt management. The company's employee numbers have risen by 6.4%, indicating growth, and the company’s current assets have increased by 3.1%. The company’s auditor is Azets Audit Services.

Despite these positive trends, the sharp increase in bank borrowings and the fluctuating net assets raise questions about the company's financial health. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the figures rely on unaudited statements.

Registered in England/Wales under the registration number 01251293, with a registered address at SY21 8SL, Welshpool, Powys, 3 Buttington Cross Enterprise, Park, Buttington.

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