Launch Packaging Design Limited
05747249
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/02/2023
COMPANY SECRETARY/DIRECTOR
BRITISH · WALES · Age 36
Also on 2 other boards
Persons with Significant Control
Signal Design Group Ltd
2 Washington Chambers,, Stanwell Road, Penarth, CF64 2AF
Reg: 16290920 · Uk · Limited Company
Notified 02/04/2025
Former PSCs
Mr David Wheelwright
Ceased 02/04/2025
Charges1 outstanding
DAVID WHEELWRIGHT
CompanyRankvs 97+ SIC 71121 peers78
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£591k
Balance sheet strength
Cash
£349k
Cash in the bank
Net Current Assets
£376k
Working capital
Current Assets
£447k
Current Liabilities
£71k
Fixed Assets
£229k
Debtors
£99k
Profit After Tax
£53k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 6.28 | -£112k |
| 2024 | 3.75 | +£3k |
| 2023 | 5.06 | +£155k |
| 2022 | 4.72 | +£23k |
| 2021 | 5.66 | — |
Derived from filed accounts. Not audited figures.