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Visual Packaging (Plastics) Limited

02363620

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

82 ST. JOHN STREET, LONDON, EC1M 4JN
Incorporated 21/03/1989

Compliance

Last accounts

31/12/2022

small

Next accounts due

30/09/2024

Overdue

Confirmation statement

Last: 14/03/2024

Due 28/03/2025

Overdue

Industry

22220
Manufacture of plastic packing goods

Officers

Mr Jon Frewin

director · Since 20/12/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 9 other boards

Mr Eric Arthur Kolodner

director · Since 01/07/2018

ATTORNEY

BRITISH · UNITED KINGDOM · Age 59

Also on 46 other boards

Mr Timothy Damien Brooksbank

director · Since 15/09/2023

BUSINESS PERSON

BRITISH · ENGLAND · Age 57

Also on 31 other boards

Persons with Significant Control

Tgm Packaging Holdings Ltd

75–100% shares

Unit 8, Pilcot Road, Fleet, GU51 5RY

Notified 20/12/2017

Former PSCs

Mr Stephen Twidle Webster

Ceased 20/12/2017

Mr Robert John Morley

Ceased 20/12/2017

Mr Rupert Knight Harrison

Ceased 03/03/2018

Mr Jon Frewin

Ceased 03/03/2018

Mr Simon Paul Ashcroft

Ceased 03/03/2018

Tgm Packaging Holdings Ltd

Ceased 03/03/2018

Charges2 outstanding

Charge
outstanding

ROBERT JOHN MORLEY · STEPHEN TWIDLE WEBSTER

Created 05/03/2024Registered 05/03/2024
Charge
outstanding

STEPHEN TWIDLE WEBSTER · ROBERT JOHN MORLEY · MDP TRUSTEES LIMITED

Created 05/03/2024Registered 05/03/2024
Charge
satisfied

ABN AMRO ASSET BASED FINANCE N.V.

Created 30/03/2020Registered 02/04/2020Satisfied 15/08/2024
Charge
satisfied

ABN AMRO COMMERCIAL FINANCE PLC

Created 20/12/2017Registered 21/12/2017Satisfied 18/03/2025
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 07/07/2003Registered 14/07/2003Satisfied 15/11/2017
charge
satisfied

MIDLAND BANK PLC

Created 06/04/1989Registered 11/04/1989Satisfied 11/09/2003

Insolvency History1 case

in administration

Andrew James Pear (practitioner) · Michael Stephen Elliot Solomons (practitioner)

CompanyRankvs 15+ SIC 22220 peers
30

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 3.29× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2021

Net Worth

£1.9M

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£3.2M

Current Liabilities

£970k

Fixed Assets

£596k

Debtors

£2.7M

10avg. employees

Tax at Year End

Corp tax£79k

Balance Sheet

Assets less current liabilities£2.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20213.29+£108k
20213.11+£260k
20202.61+£95k
2019+£126k
20171.86

Derived from filed accounts. Not audited figures.