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Packaging Products (Coatings) Ltd

02480123

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

LITTLE GREEN WORKS COLLYHURST ROAD, MANCHESTER, M40 7RT
Incorporated 13/03/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

17120
Manufacture of paper and paperboard
17219
Manufacture of other paper and paperboard containers

Officers

Mr John Anthony Cornford

director · Since 13/03/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 88

Also on 1 other board

Mr David Robert Cornford

director · Since 01/09/2000

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mr Peter Daniel Cornford

director · Since 01/01/2005

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 9 other boards

Mr Peter Daniel Cornford

secretary · Since 01/10/2005

BRITISH · ENGLAND · Age 55

Also on 9 other boards

Mr Richard John Cornford

director · Since 01/01/2006

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr Gary Michael Mcneely

director · Since 11/01/2010

SALES DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Persons with Significant Control

Packaging Products (Holdings) Limited

75–100% shares

1 Park Street, Park Street, Macclesfield, SK11 6SR

Reg: 09629135 · Companies House · Limited Company

Notified 09/06/2023

Former PSCs

Mr John Anthony Cornford

Ceased 01/05/2021

Charges0 outstanding

charge
satisfied

CLOSE BROTHERS LIMITED

Created 25/01/1993Registered 30/01/1993Satisfied 30/11/2009
charge
satisfied

BARCLAYS BANK PLC

Created 05/12/1990Registered 21/12/1990Satisfied 30/11/2009
charge
satisfied

BARCLAYS BANK PLC

Created 22/10/1990Registered 31/10/1990Satisfied 30/11/2009

CompanyRankvs 110+ SIC 17120 peers
84

Financial strength82th percentile among SIC peers · 21/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.18× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£2.1M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£3.4M

Current Liabilities

£1.6M

Fixed Assets

£309k

Debtors

£1.3M

29avg. employees-3

Tax at Year End(2023)

Corp tax£42k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20242.18+£124k
20231.88-£199k
20222.40—

Derived from filed accounts. Not audited figures.