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Challenge Packaging Limited

04415655

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

2 FRANKS ROAD, COALVILLE, LE67 1TT
Incorporated 12/04/2002

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/04/2026

Due 26/04/2027

On track

Industry

17219
Manufacture of other paper and paperboard containers
46900
Non-specialised wholesale trade

Officers

Mr Simon Francis Allen

director · Since 12/04/2002

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Mr Colin Paul Prior

director · Since 12/04/2002

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Mr Martin Coppard

director · Since 08/04/2016

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 63

Mr Kevin Cracknell

director · Since 13/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Mathew Daren Wynn

director · Since 30/10/2022

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 49

Also on 1 other board

Mr David John Richardson

director · Since 15/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 26 other boards

Mr Daniel James Mcconnell

director · Since 07/11/2024

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 24 other boards

Persons with Significant Control

Logson Holdings Limited

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

2, Franks Road, Coalville, LE67 1TT

Reg: 09809808 · Companies House, England · Private Limited Company

Notified 15/12/2023

Former PSCs

Mr Simon Francis Allen

Ceased 15/12/2023

Mr Colin Paul Prior

Ceased 15/12/2023

Charges1 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 19/03/2026Registered 26/03/2026
Charge
satisfied

SANTANDER UK PLC

Created 11/11/2019Registered 13/11/2019Satisfied 01/05/2026
Charge
satisfied

CORRBOARD LIMITED

Created 23/12/2015Registered 11/01/2016Satisfied 04/09/2019
Charge
satisfied

FOSBER S.P.A.

Created 02/11/2015Registered 10/11/2015Satisfied 20/06/2017
Charge
satisfied

FOSBER S.P.A.

Created 25/07/2014Registered 12/08/2014Satisfied 20/06/2017
Charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 11/06/2014Registered 16/06/2014Satisfied 05/09/2019
Charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 26/09/2013Registered 02/10/2013Satisfied 04/09/2019
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 29/01/2013Registered 05/02/2013Satisfied 10/12/2019
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 05/11/2007Registered 21/11/2007Satisfied 10/12/2019

CompanyRankvs 1610+ SIC 17219 peers
51

Financial strength84th percentile among SIC peers · 21/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2022

Turnover

£18.6M

Annual revenue

Net Worth

£1.8M

Balance sheet strength

Cash

£264k

Cash in the bank

Profit Before Tax

£748k

Bottom line earnings

Net Current Assets

-£980k

Working capital

Current Assets

£4.3M

Current Liabilities

£5.3M

Fixed Assets

£4.8M

Debtors

£2.7M

Cost of Sales

£12.5M

Gross Profit

£6.1M

Admin Expenses

£5.0M

Operating Profit

£884k

Profit After Tax

£556k

83avg. employees+6

Tax at Year End

Dividends paid£154k

People Costs

Wages & salaries£3.0M
NI contributions£321k

Balance Sheet

Bank loans & overdrafts£57k
Assets less current liabilities£3.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.82+£403k
20210.83+£365k
20200.80+£229k
20190.67+£164k
20180.58

Derived from filed accounts. Not audited figures.