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Leeways Packaging Services Limited

01030853

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

LOBSTOCK, GLOUCESTER, GL2 8AN
Incorporated 11/11/1971

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22220
Manufacture of plastic packing goods

Officers

Lynne Walding

secretary · Since 01/11/1991

BRITISH · GB · Age 68

Also on 2 other boards

Mr Anthony Trevor George Walding

director · Since 01/11/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Mrs Lynne Walding

director · Since 01/11/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 4 other boards

Mr Adam James Walding

director · Since 02/04/2013

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 3 other boards

Mr Lee Anthony Trevor Walding

director · Since 02/04/2013

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 3 other boards

Persons with Significant Control

Leeways Holdings Limited

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

Lobstock, Churcham, Gloucester, GL2 8AN

Reg: 03188897 · Companies House · Limited Company

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 09/07/2024Registered 12/07/2024
Charge
outstanding

HSBC ASSET FINANCE (UK) LIMITED · HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 19/11/2013Registered 25/11/2013
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD (“THE SECURITY HOLDER�)

Created 04/03/2011Registered 08/03/2011Satisfied 20/01/2026
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD (“THE SECURITY HOLDER�)

Created 04/03/2011Registered 08/03/2011Satisfied 20/01/2026
charge
outstanding

HSBC BANK PLC

Created 24/02/2011Registered 03/03/2011
charge
outstanding

HSBC BANK PLC

Created 11/02/2011Registered 26/02/2011
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 17/11/2008Registered 28/11/2008Satisfied 05/11/2011
charge
satisfied

LEEWAYS EXECUTIVE PENSION PLAN

Created 14/12/2006Registered 19/12/2006Satisfied 17/11/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/08/2006Registered 16/08/2006Satisfied 30/01/2008
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 19/05/2006Registered 23/05/2006Satisfied 26/11/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/12/1987Registered 29/12/1987Satisfied 14/12/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/12/1987Registered 23/12/1987Satisfied 14/12/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/12/1987Registered 23/12/1987Satisfied 14/12/2006

CompanyRankvs 37+ SIC 22220 peers
61

Financial strength99th percentile among SIC peers · 25/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 4.16× · 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 strength25/25 pts

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

Employees6/15 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

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

Key FinancialsYear ending 30/06/2025

Net Worth

£22.6M

Balance sheet strength

Cash

£7.5M

Cash in the bank

Profit Before Tax

£2.7M

Bottom line earnings

Net Current Assets

£19.5M

Working capital

Current Assets

£25.6M

Current Liabilities

£6.2M

Fixed Assets

£3.8M

Debtors

£16.8M

Profit After Tax

£2.2M

1avg. employees

Tax at Year End

Corp tax£302k
Dividends paid£1.0M

People Costs

Wages & salaries£2.9M

Balance Sheet

Depreciation£737k
Assets less current liabilities£23.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20254.16+£0
20254.16+£1.2M
20243.51+£1.2M
20233.21+£1.5M
20222.93+£1.2M
20213.31+£6.2M
20202.56+£1.8M
20192.27

Derived from filed accounts. Not audited figures.