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Protective Packaging Limited

02312465

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 3, GATEWAY, CARRINGTON, M31 4RQ
Incorporated 03/11/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Charles Graham Lewis

director · Since 01/04/2005

DIRECTOR

BRITISH · JERSEY · Age 66

Also on 1 other board

Mr Benjamin Charles Lewis

director · Since 01/01/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Mr Andrew Peter Harding

director · Since 11/11/2020

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Shane Davies

director · Since 01/01/2024

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 38

Mr Sebastian Palmer Lingwood

director · Since 13/05/2024

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Betronics Limited

75–100% shares

Protective Packaging Limited, Dane Road Industrial Estate, Sale, M33 7BH

Reg: 05276638 · Cardiff · Limited Company

Notified 01/10/2016

Charges2 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")

Created 26/10/2021Registered 01/11/2021
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 21/12/2020Registered 24/12/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 22/03/2005Registered 23/03/2005Satisfied 26/02/2024
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 21/01/2005Registered 27/01/2005Satisfied 28/04/2017

CompanyRankvs 1248+ SIC 32990 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.97× · 16/20
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.

Liquidity16/20 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

£14.2M

Annual revenue

Net Worth

£5.0M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

£1.6M

Bottom line earnings

Net Current Assets

£3.8M

Working capital

Current Assets

£7.6M

Current Liabilities

£3.9M

Fixed Assets

£1.8M

Debtors

£5.8M

Cost of Sales

£5.4M

Gross Profit

£8.8M

Admin Expenses

£7.2M

Operating Profit

£1.6M

Profit After Tax

£1.1M

68avg. employees+3

Tax at Year End

Corp tax£97k
Dividends paid£1.1M

People Costs

Wages & salaries£6.1M
NI contributions£312k

Balance Sheet

Intangible assets£103k
Assets less current liabilities£5.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.97+£71k
20232.27+£347k
20222.01+£264k
20211.96

Derived from filed accounts. Not audited figures.