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Packaids Limited

00905736

active
Private Limited Company
england wales
Companies House
Health Score
57 / 100

Notable Risks

25/30
Filing
0/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

PACKAIDS HOUSE RUSCOMBE PARK, TWYFORD, RG10 9LU
Incorporated 10/05/1967

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 09/07/2025

Due 23/07/2026

On track

Industry

32990
Other manufacturing

Officers

Mr Matthew David Burgess

director · Since 03/04/2008

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

Mr Matthew David Burgess

Significant control

British · England · Age 53

Packaids House Ruscombe Park, Ruscombe Lane, Twyford, RG10 9LU

Notified 06/04/2016

Packaids Holdings Limited

75–100% shares
75–100% votes

Packaids House Ruscombe Park, Ruscombe Lane, Twyford, RG10 9LU

Reg: 06531679 · England · Limited Company

Notified 06/04/2016

Former PSCs

Mr Stephen Hutton

Ceased 01/08/2025

Charges4 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/04/2008Registered 24/04/2008
charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 02/04/2008Registered 12/04/2008
charge
outstanding

LOMBARD NORTH CENTRAL PLC

Created 04/04/2008Registered 11/04/2008
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/04/2008Registered 09/04/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/03/1982Registered 22/03/1982Satisfied 09/04/2008

CompanyRankvs 773+ SIC 32990 peers
65

Financial strength88th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.67× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/10/2024

Net Worth

£844k

Balance sheet strength

Cash

£126k

Cash in the bank

Net Current Assets

£731k

Working capital

Current Assets

£1.0M

Current Liabilities

£274k

Fixed Assets

£257k

Debtors

£877k

16avg. employees

Tax at Year End(2022)

Corp tax£0

Balance Sheet

Assets less current liabilities£988k
Signed by Mr Matthew Burgess Mr Stephen Hutton 11 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.67+£123k
20233.52+£153k
20222.69+£7
20212.87+£71k
20202.99+£78k
20192.08+£63k
20181.45

Derived from filed accounts. Not audited figures.