Wrapology International Limited

Wrapology International Ltd, based in London, UK, is a small, active company established 16 years ago. Employing just seven people, it holds £4,133,185 in assets and operates a real address, managed by two directors. Notably, there are no registered owners. The company runs an e-commerce site and regularly imports and exports paper and paperboard products, with 442 months of import activity and 12 months of export activity.

The company's website, Wrapologyportal, functions as a stock serve portal, allowing customers to manage their stock levels and product lines. It emphasizes managing annual packaging requirements and offers consultations. The portal's design is simple, with a focus on functionality over aesthetics. It's clear the company is geared toward B2B clients seeking efficient packaging solutions.

Financially, Wrapology International Ltd’s recent performance presents a mixed picture. Cash bank on hand has fallen significantly, dropping 67% to £700,000. Dividends paid on shares have increased dramatically, jumping 1300% to £2.2 million—a possible indication of a shareholder payout. Creditors have risen sharply, increasing 130% to £3.1 million, while trade debtors have also increased by 93% to £3.2 million. A concerning trend is the 66% drop in equity, falling to £1.1 million. Despite these challenges, the company’s net current assets remain at £1.1 million. The auditor, Azets Audit Services, has noted a challenge in verifying stock values due to timing issues. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants closer attention.

Registered in England/Wales under the registration number 06796249, with a registered address at W3 6UU, London, Unit 22 Victoria Industrial Estate, Victoria Road.

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