Ndc Polipak Limited
03858503
Healthy
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/11/1999
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 70
Also on 14 other boards
director · Since 06/09/2013
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 78
Also on 9 other boards
director · Since 06/09/2013
CHARTERED ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 47
Also on 2 other boards
Persons with Significant Control
Mr Paul Nigel Cox
British · England · Age 70
C/O Bissell & Brown, Charter House, Sutton Coldfield, B72 1UJ
Notified 06/04/2016
Charges6 outstanding
HSBC UK BANK PLC
HSBC ASSET FINANCE (UK) LTD · HSBC EQUIPMENT FINANCE (UK) LTD
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LTD
HSBC ASSET FINANCE (UK) LTD AND HSBC EQUIPMENT FINANCE (UK) LTD
HSBC EQUIPMENT FINANCE (UK) LTD AND HSBC ASSET FINANCE (UK) LTD
HSBC BANK PLC
BANK OF SCOTLAND PLC
CompanyRankvs 42+ SIC 22220 peers65
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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.
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
bank facilities. The Directors have concluded that the combination of these circumstances does not represent a material uncertainty that casts doubt upon the Group’s ability to continue as a going concern. Nevertheless, after making enquiries and considering the uncertainties described above, in light of the available bank facilities outlined, the directors have a reasonable expectation t
Key FinancialsYear ending 31/12/2024
Turnover
£28.2M
Annual revenue
Net Worth
£6.3M
Balance sheet strength
Cash
£183k
Cash in the bank
Profit Before Tax
£2.2M
Bottom line earnings
Net Current Assets
£3.0M
Working capital
Current Assets
£8.5M
Current Liabilities
£5.4M
Fixed Assets
£5.3M
Debtors
£5.7M
Cost of Sales
£21.4M
Gross Profit
£6.8M
Admin Expenses
-£3.5M
Operating Profit
£2.4M
Profit After Tax
£1.8M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.56 | +£1.8M |
| 2023 | 1.20 | +£933k |
| 2022 | 1.00 | -£413k |
| 2021 | 1.21 | +£193k |
| 2020 | 1.23 | -£89k |
| 2019 | 1.03 | +£149k |
| 2018 | 1.08 | — |
Derived from filed accounts. Not audited figures.