Packaging First Limited
03838039
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 08/09/1999
BRITISH · UNITED KINGDOM · Age 63
Also on 3 other boards
director · Since 26/03/2009
PACKAGING SUPPLIER
BRITISH · ENGLAND · Age 63
Also on 3 other boards
Persons with Significant Control
Mr Stephane Hamelin
French · France · Age 65
Michigan Drive, Michigan Drive, Milton Keynes, MK15 8HQ
Notified 06/04/2016
Charges0 outstanding
THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED (NOW K/A RBS INVOICE FINANCE LIMITED
HSBC BANK PLC
CompanyRankvs 813+ SIC 32990 peers85
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£1.1M
Balance sheet strength
Cash
£625k
Cash in the bank
Net Current Assets
£1.1M
Working capital
Current Assets
£1.7M
Current Liabilities
£641k
Debtors
£767k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.70 | +£229k |
| 2023 | 2.35 | +£73k |
| 2022 | 1.86 | — |
Derived from filed accounts. Not audited figures.