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K.M. Packaging Services Limited

01837945

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

44 WEST STREET, NORTHANTS, PE8 4EF
Incorporated 02/08/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22220
Manufacture of plastic packing goods

Officers

Mr Charles Smithson

director · Since 03/07/2001

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Mr Graham Holding

director · Since 11/12/2007

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Miss Frances Joy Busby

director · Since 01/08/2023

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Justin Wilfrid Hattee

director · Since 01/08/2023

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Mr Alan Thomas Lockhart

director · Since 27/02/2024

DIRECTOR

BRITISH · ENGLAND · Age 60

Mr John Michael Shipley

director · Since 16/05/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Km Packaging Holdings Limited

75–100% shares
75–100% votes

44, West Street, Northants, PE8 4EF

Reg: 06390859 · Register Of Companies · Limited Company

Notified 05/07/2023

Former PSCs

Mr Charles Smithson

Ceased 22/03/2022

Zedra Trust Company (Guernsey) Limited

Ceased 05/07/2023

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 22/03/2022Registered 23/03/2022
charge
satisfied

HSBC BANK PLC

Created 21/01/2008Registered 30/01/2008Satisfied 12/05/2012
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 31/12/2007Registered 10/01/2008Satisfied 16/04/2011
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 31/12/2007Registered 10/01/2008Satisfied 16/04/2011
charge
satisfied

HSBC BANK PLC

Created 09/12/2005Registered 10/12/2005Satisfied 18/10/2007
charge
satisfied

EURO SALES FINANCE PLC

Created 04/04/2000Registered 06/04/2000Satisfied 23/05/2003

CompanyRankvs 15+ SIC 22220 peers
66

Financial strength92th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.29× · 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 strength23/25 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

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 31/12/2024

Net Worth

£3.3M

Balance sheet strength

Cash

£3.3M

Cash in the bank

Profit Before Tax

£2.2M

Bottom line earnings

Net Current Assets

£7.3M

Working capital

Current Assets

£13.1M

Current Liabilities

£5.7M

Fixed Assets

£53k

Debtors

£8.1M

Cost of Sales

£13.3M

Admin Expenses

£2.8M

Profit After Tax

£1.7M

26avg. employees-2

Tax at Year End

Corp tax£348k
Dividends paid£3.5M

People Costs

Wages & salaries£1.8M

Balance Sheet

Intangible assets£19k
Bank loans & overdrafts£5.6M
Assets less current liabilities£7.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.29-£1.8M
20232.30+£1.4M
20222.22
20215.51
20205.81
20195.36

Derived from filed accounts. Not audited figures.