Ym Packaging Ltd

YM Packaging Ltd, based in Farnworth, UK, is a small, active company founded five years ago. With three employees and £669,391 in assets, it’s a solo-founded operation managed by a single director and owner. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 39 months of import activity recorded, and exports the same items, albeit for a shorter period of three months.

The company’s website, ympackagingympackaging.com, paints a picture of a global player specializing in packaging solutions. It operates in multiple countries, including Spain, the UK, Indonesia, and the Netherlands, and offers a comprehensive range of machinery: vertical and horizontal packaging machines, flowpack systems, and palletizing equipment. It caters to a diverse range of industries, from coffee and sweets to meat, fish, and even pet food. The website emphasizes its commitment to innovation, quality, and customer service, showcasing its participation in several international trade fairs, like HISPACK, PPMA, and ALL4PACK.

Financially, YM Packaging Ltd shows some interesting trends. Cash reserves increased dramatically by 440%, reaching £330,000, while creditors also grew, up 17% to £480,000. Trade debtors increased substantially, up 120% to £100,000, which could indicate an expansion of credit terms or a delay in customer payments. Equity also rose by 28% to £250,000. 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 remain flexible, but the increase in creditors suggests it’s relying more on borrowing. The company’s income from related parties increased by 510%, reaching £47,000, which could be a sign of growing inter-company transactions. As a small company, it's exempt from an audit, so the figures are unaudited. The company’s director, Christopher Andrew Mechan, is also listed as the auditor.

Registered in England/Wales under the registration number 12268890, with a registered address at BL4 9NG, England, Farnworth, Unit 8 Stone Hill Business Centre, Stone Hill Road.

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