Wrap N Pack Ltd

Wrap N Pack Ltd, based in Aldershot, UK, is a small, active company founded eight years ago. With just two employees and two directors, it's a compact operation overseen by a single owner. The company boasts a perfect 5.0 Google rating based on one review, a testament to its customer service. It operates from a real address and has been incorporated since March 17, 2017.

The company specializes in wholesale of perfume and cosmetics, and retail sale via mail order houses or via internet industries. It’s a small company, meeting two of the three criteria: turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees. The company’s website is currently unavailable, making it difficult to assess its e-commerce presence.

Financially, Wrap N Pack Ltd has experienced some challenges. Equity has plummeted by a staggering 1000%, resulting in net assets of -£15,000. Bank borrowings have decreased by 15%, and creditors have also fallen by 15%. However, loans from directors increased by 35%. Cash reserves have also decreased significantly. The company's accounts are described as "filleted" and unaudited, and there's no mention of an auditor. It's worth noting that the company's retained earnings accumulated losses have been negatively impacted.

While the company's Google rating suggests strong customer satisfaction, the financial data paints a picture of a business struggling to maintain profitability. The decrease in equity is particularly concerning, and the company will need to address these issues to ensure its long-term viability. It's possible that the company is experiencing typical startup challenges, or perhaps it’s facing increased competition in its niche market.

Registered in England/Wales under the registration number 10681982, with a registered address at GU11 3SG, England, Aldershot, 130 Morland Road.

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