Back to search

Economy Packing Limited

01393285

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 7 PAVILION BUSINESS PARK, LEEDS, LS12 6AJ
Incorporated 10/10/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16240
Manufacture of wooden containers

Officers

Mr David Lee

director · Since 18/06/1991

DIRECTOR

BRITISH · FRANCE · Age 87

Also on 6 other boards

Mr Mark Anthony Stephens

director · Since 01/08/2002

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Efs Holdings Ltd

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

Leeds Containerbase, Valley Farm Way, Leeds, LS10 1SE

Reg: 03801881 · England & Wales · Private Limited Company

Notified 06/04/2016

Mr David Lee

Significant control

British · France · Age 87

Unit 7, Pavilion Business Park, Leeds, LS12 6AJ

Notified 06/04/2016

Mr Mark Anthony Stephens

Significant control

British · England · Age 62

Unit 7, Pavilion Business Park, Leeds, LS12 6AJ

Notified 06/04/2016

CompanyRankvs 173+ SIC 16240 peers
48

Financial strength2th percentile among SIC peers · 1/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£70k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£59k

Working capital

Current Assets

£142k

Current Liabilities

£201k

Fixed Assets

£2k

Debtors

£124k

7avg. employees-1

Tax at Year End(2023)

Corp tax£111

Balance Sheet

Assets less current liabilities-£57k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.71-£45k
20230.98+£7k
20221.00-£32k
20211.28
20201.59
20193.81

Derived from filed accounts. Not audited figures.