Back to search

Wasdell Packaging Limited

00956939

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 6-8 EURO WAY, SWINDON, SN5 8YW
Incorporated 25/06/1969

Compliance

Last accounts

30/04/2025

full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 28/09/2025

Due 12/10/2026

On track

Industry

32990
Other manufacturing

Officers

Mr Martin John Tedham

director · Since 01/10/2010

NONE

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Mr Daniel Murray Tedham

director · Since 20/04/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 4 other boards

Persons with Significant Control

Wasdell Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Units 6-8, Euro Way, Swindon, SN5 8YW

Notified 23/08/2023

Former PSCs

Mr Martin John Tedham

Ceased 23/08/2023

Charges1 outstanding

Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 27/11/2025Registered 28/11/2025
Charge
satisfied

BARCLAYS BANK PLC

Created 04/12/2018Registered 11/12/2018Satisfied 29/01/2026
Charge
satisfied

LLOYDS BANK PLC

Created 18/06/2014Registered 24/06/2014Satisfied 02/11/2018
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 28/09/2006Registered 04/10/2006Satisfied 09/11/2018
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 28/09/2006Registered 04/10/2006Satisfied 09/11/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 28/11/2001Registered 30/11/2001Satisfied 02/11/2018
charge
satisfied

JOYCE KELSEY

Created 21/12/1999Registered 11/01/2000Satisfied 03/10/2006
charge
satisfied

ROYSCOT INDUSTRIAL LEASING LIMITED · ROYSCOT COMMERCIAL LEASING LIMITED · ROYSCOT SPA LEASING LIMITED · ROYSCOT TRUST PLC · ROYSCOT LEASING LIMITED

Created 11/05/1999Registered 13/05/1999Satisfied 03/10/2006
charge
satisfied

LLOYDS BANK PLC

Created 28/02/1997Registered 05/03/1997Satisfied 06/10/2014
charge
satisfied

LLOYDS BANK PLC

Created 18/11/1991Registered 27/11/1991Satisfied 06/10/2014
charge
satisfied

CLOSE BROTHERS LIMITED

Created 20/05/1991Registered 29/05/1991Satisfied 03/10/2006
charge
satisfied

LLOYDS BANK PLC

Created 10/07/1990Registered 13/07/1990Satisfied 06/10/2014
charge
satisfied

LLOYDS BANK PLC

Created 10/11/1983Registered 15/11/1983Satisfied 03/10/2006
charge
satisfied

LLOYDS BANK PLC

Created 11/02/1982Registered 17/02/1982Satisfied 29/07/1994
charge
satisfied

LLOYDS BANK PLC

Created 18/10/1977Registered 25/10/1977Satisfied 29/07/1994
charge
satisfied

LLOYDS BANK PLC

Created 11/03/1976Registered 19/03/1976Satisfied 29/07/1994
charge
satisfied

LLOYDS BANK PLC

Created 03/07/1973Registered 11/07/1973Satisfied 29/07/1994
charge
satisfied

LLOYDS BANK PLC

Created 20/10/1971Registered 04/11/1971Satisfied 29/07/1994

CompanyRankvs 1224+ SIC 32990 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.74× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/04/2024

Turnover

£32.0M

Annual revenue

Net Worth

£24.4M

Balance sheet strength

Cash

£18k

Cash in the bank

Profit Before Tax

-£619k

Bottom line earnings

Net Current Assets

£22.7M

Working capital

Current Assets

£53.2M

Current Liabilities

£30.5M

Fixed Assets

£2.1M

Debtors

£49.1M

Cost of Sales

£26.5M

Gross Profit

£5.5M

Admin Expenses

£5.8M

Operating Profit

-£293k

Profit After Tax

-£518k

376avg. employees+21

Tax at Year End

Corp tax£85k

People Costs

Wages & salaries£10.6M
NI contributions£1.0M

Balance Sheet

Bank loans & overdrafts£4.0M
Assets less current liabilities£24.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.74-£518k
20231.77+£3.6M
20221.62+£721k
20211.59-£3.7M
20201.95+£1.1M
20192.43+£4.3M
20182.73

Derived from filed accounts. Not audited figures.