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South West Packaging Limited

01800975

active
Private Limited Company
england wales
Companies House
Health Score
67 / 100

Some Concerns

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

Details

BRICKFIELD INDUSTRIAL ESTATE, GILLINGHAM, SP8 4LT
Incorporated 19/03/1984

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 09/10/2025

Due 23/10/2026

On track

Industry

17211
Manufacture of corrugated paper and paperboard, sacks and bags

Officers

Mr Jeremy David Spicer

director · Since 19/09/1991

PRODUCTION DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 4 other boards

Susan Spicer

secretary · Since 28/06/2002

BRITISH · UNITED KINGDOM · Age 69

Also on 2 other boards

Benjamin David Spicer

director · Since 01/09/2023

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Mr Stuart John Tracy

director · Since 01/09/2023

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Persons with Significant Control

South West Packaging Holdings Limited

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

Units 1-3, Brickfield Industrial Estate, Gillingham, SP8 4LT

Reg: 03083425 · South West Packaging Holdings Limited · Ltd

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/09/2022Registered 26/09/2022
Charge
outstanding

ALLICA BANK LIMITED

Created 04/12/2020Registered 12/12/2020
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/05/2009Registered 29/05/2009
charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 29/07/2008Registered 08/08/2008
charge
satisfied

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

Created 12/08/2004Registered 13/08/2004Satisfied 30/01/2010
charge
satisfied

HSBC BANK PLC

Created 11/05/2001Registered 17/05/2001Satisfied 08/11/2003
charge
satisfied

GRIFFIN CREDIT SERVICES LIMITED

Created 29/07/1998Registered 31/07/1998Satisfied 16/05/2009
charge
satisfied

MIDLAND BANK PLC

Created 30/06/1998Registered 07/07/1998Satisfied 08/11/2003
charge
satisfied

RUPERT HENRY JAMES MARTIN · JAMES HAY PENSION TRUSTEES LIMITED · JANIE CLAIRE MARTIN

Created 30/06/1998Registered 04/07/1998Satisfied 08/11/2003
charge
satisfied

MIDLAND BANK PLC

Created 22/04/1998Registered 28/04/1998Satisfied 08/11/2003
charge
satisfied

TSB COMMERCIAL FINANCE LIMITED

Created 26/09/1995Registered 27/09/1995Satisfied 16/05/2009
charge
satisfied

LLOYDS BANK PLC

Created 05/09/1995Registered 13/09/1995Satisfied 24/06/1998
charge
satisfied

LLOYDS BANK PLC

Created 28/07/1989Registered 08/08/1989Satisfied 13/10/1995
charge
satisfied

LLOYDS BANK PLC

Created 28/07/1989Registered 08/08/1989Satisfied 13/10/1995
charge
satisfied

LLOYDS BANK PLC

Created 28/07/1989Registered 08/08/1989Satisfied 13/10/1995
charge
satisfied

LLOYDS BANK PLC

Created 01/09/1986Registered 05/09/1986Satisfied 13/10/1995

CompanyRankvs 105+ SIC 17211 peers
75

Financial strength83th percentile among SIC peers · 21/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.66× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£912k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

£470k

Working capital

Current Assets

£2.8M

Current Liabilities

£774k

Fixed Assets

£1.4M

Debtors

£2.4M

54avg. employees-1

Tax at Year End

Corp tax£60k

Balance Sheet

Intangible assets£32k
Assets less current liabilities£1.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.66-£233k
20231.40-£189k
20221.48+£51k
20211.30+£114k
20201.46+£164k
20191.10+£205k
20180.90

Derived from filed accounts. Not audited figures.