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Sgl Co-Packing Limited

01976061

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

19-20 BOURNE COURT, WOODFORD GREEN, IG8 8HD
Incorporated 10/01/1986

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/03/2026

Due 31/03/2027

On track

Industry

56290
Other food service activities

Officers

Mr Gavin David Withers

director · Since 25/02/2013

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 11 other boards

Mr Stuart Leslie Ross

director · Since 01/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 18 other boards

Persons with Significant Control

Keswick Fulfilment Services Group Ltd

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

19-20 Bourne Court, Southend Road, Woodford Green, IG8 8HD

Reg: 02925580 · England And Wales · 02925580

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 06/06/2018Registered 08/06/2018
Charge
satisfied

BNP PARIBAS COMMERCIAL FINANCE LIMITED

Created 18/08/2014Registered 22/08/2014Satisfied 20/06/2019
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 25/01/2008Registered 01/02/2008Satisfied 20/08/2014
charge
satisfied

MIDLAND BANK PLC

Created 26/03/1996Registered 29/03/1996Satisfied 31/03/2004
charge
satisfied

MIDLAND BANK PLC

Created 26/03/1996Registered 29/03/1996Satisfied 31/03/2004
charge
satisfied

MIDLAND BANK PLC

Created 21/11/1994Registered 26/11/1994Satisfied 22/11/2003
charge
satisfied

MIDLAND BANK PLC

Created 11/10/1994Registered 15/10/1994Satisfied 19/01/2008
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 10/05/1993Registered 19/05/1993Satisfied 19/01/1995
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 30/04/1993Registered 01/05/1993Satisfied 19/01/1995
charge
satisfied

3I GROUP PLC

Created 21/04/1993Registered 24/04/1993Satisfied 04/11/2003
charge
satisfied

3I GROUP PLC

Created 21/04/1993Registered 24/04/1993Satisfied 04/11/2003
charge
satisfied

MIDLAND BANK PLC

Created 05/04/1993Registered 23/04/1993Satisfied 20/07/1993
charge
satisfied

CLOSE BROTHERS LIMITED

Created 15/04/1993Registered 22/04/1993Satisfied 15/03/1994
charge
satisfied

3I GROUP PLC

Created 05/04/1993Registered 09/04/1993Satisfied 20/07/1993
charge
satisfied

3I GROUP PLC

Created 05/04/1993Registered 09/04/1993Satisfied 20/07/1993
charge
satisfied

MIDLAND BANK PLC

Created 04/04/1986Registered 10/04/1986Satisfied 20/07/1993

CompanyRankvs 379+ SIC 56290 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.49× · 12/20
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.

Employees15/15 pts

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

Liquidity12/20 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 31/12/2024

Turnover

£6.5M

Annual revenue

Net Worth

£1.2M

Balance sheet strength

Cash

£542k

Cash in the bank

Profit Before Tax

-£218k

Bottom line earnings

Net Current Assets

£531k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.1M

Fixed Assets

£751k

Debtors

£1.0M

Cost of Sales

£3.7M

Gross Profit

£2.8M

Admin Expenses

£3.0M

Profit After Tax

-£169k

94avg. employees-14

People Costs

Wages & salaries£4.3M
NI contributions£44k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.49-£169k
20231.62-£361k
20221.70-£198k
20211.89-£180k
20201.86+£45k
20191.64-£18k
20181.22+£906k
20161.07

Derived from filed accounts. Not audited figures.