Packaging Environmental Limited
06246101
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/06/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 45
Also on 29 other boards
director · Since 12/06/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 46
Also on 7 other boards
director · Since 12/06/2024
DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 52 other boards
secretary · Since 01/09/2025
Persons with Significant Control
Bunzl Holding Lce Limited
45, Seymour Street, London, W1H 7JT
Reg: 00970892 · Uk Companies House · Private Company Limited By Shares
Notified 12/06/2024
Former PSCs
Mr Indrajit Shah
Ceased 12/06/2024
Wispville Limited
Ceased 12/06/2024
Charges0 outstanding
PARAGON BUSINESS FINANCE PLC
HSBC BANK PLC
HITACHI CAPITAL (UK) PLC T/A HITACHI CAPITAL INVOICE FINANCE
CompanyRankvs 72560+ SIC 46900 peers59
Show leaderboard
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the Company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease opera
Key FinancialsYear ending 31/12/2024
Turnover
£5.0M
Annual revenue
Net Worth
£5.3M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£155k
Bottom line earnings
Net Current Assets
£5.3M
Working capital
Current Assets
£5.3M
Current Liabilities
—
Debtors
£5.3M
Cost of Sales
£4.2M
Gross Profit
£858k
Admin Expenses
£666k
Operating Profit
£163k
Profit After Tax
£114k
Tax at Year End(2024)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | +£114k |
| 2024 | 4.15 | +£762k |
| 2023 | 3.27 | +£1.6M |
| 2022 | 2.07 | +£312k |
| 2021 | 3.20 | +£637k |
| 2020 | 3.01 | +£53k |
| 2019 | 2.23 | +£1.8M |
| 2018 | 2.02 | — |
Derived from filed accounts. Not audited figures.