Lietpak Uk Ltd

Lietpak UK Ltd, based in Hitchin, UK, is a small, active company founded eight years ago in 1991. It employs just one person and holds £439,333 in assets. The company operates from a virtual address, registered at 65 Knowl Piece, Wilbury Way, a location shared by 106 other companies. It’s led by one director and owner, Kiznis Andrius. Lietpak UK Ltd is a regular importer of plastics and plastic products, with 19 months of import activity recorded, the last in February 2025. The company's activities are focused on packaging materials.

The company’s website, lietpak.lt, reveals a more expansive operation. Lietpak UAB, based in Lithuania, is a manufacturer of polymeric packaging materials, specializing in thermoforming film, bags, lidding film, and flowpack film. The site highlights its commitment to quality, environmental responsibility (including ISO 2001 certification), and individual solutions for packaging needs. It also mentions a focus on museum-grade piano restoration, a surprising diversification from its core packaging business. The website’s content is primarily in Lithuanian, with English translations available, indicating a strong European market focus.

Financially, Lietpak UK Ltd presents a mixed picture. While current assets increased by 16% to £440,000, equity plummeted 200% to -£55,000, a significant downturn. Bank borrowings increased, and cash reserves decreased, suggesting the company is burning through money. Creditors also increased substantially, indicating a reliance on external financing. 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 nimble, but the sharp equity drop raises concerns. The company's accounts are audited, and the senior statutory auditor is Howard Ashmore FCA.

In short, Lietpak UK Ltd is facing financial headwinds, despite its apparent operational activity and broader European presence. Whether the Lithuanian parent company can provide support and stability remains to be seen.

Registered in England/Wales under the registration number 10543358, with a registered address at SG4 0TY, England, Hitchin, Hertfordshire, 65 Knowl Piece Wilbury Way.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.