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Foremost Packaging Ltd

02422231

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

1 KEMMINGS CLOSE, PAIGNTON, TQ4 7TW
Incorporated 13/09/1989

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 13/09/2025

Due 27/09/2026

On track

Industry

22220
Manufacture of plastic packing goods

Officers

Stuart Burgin

secretary · Since 30/09/2016

Mr Stuart James Burgin

director · Since 30/09/2016

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 16 other boards

Mrs Yvonne Sandra Burgin

director · Since 19/05/2022

MANAGEMENT ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Persons with Significant Control

Bfp Holdings Limited

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

1 Kemmings Close, Paignton, TQ4 7TW

Reg: 06779859 · Companies House · Ltd

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 25/02/2021Registered 03/03/2021
Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 07/02/2017Registered 07/02/2017

CompanyRankvs 84+ SIC 22220 peers
68

Financial strength76th percentile among SIC peers · 19/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.74× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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84Foremost Packaging Ltd
74
How is this score calculated?
Financial strength19/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2025

Net Worth

£764k

Balance sheet strength

Cash

£262k

Cash in the bank

Net Current Assets

£579k

Working capital

Current Assets

£1.4M

Current Liabilities

£786k

Fixed Assets

£613k

Debtors

£876k

22avg. employees+2

Balance Sheet

Bank loans & overdrafts£276k
Assets less current liabilities£1.2M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.74+£113k
20241.91+£67k
20232.05—

Derived from filed accounts. Not audited figures.