Back to search

Film & Foil Solutions Limited

06647377

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

FILM & FOIL NORTH NORTH FLORIDA ROAD, HAYDOCK INDUSTRIAL ESTATE, ST. HELENS, WA11 9UB
Incorporated 15/07/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22220
Manufacture of plastic packing goods
22290
Manufacture of other plastic products

Officers

Mr Ian James Hillman

director · Since 14/02/2011

BUSINESS EXECUTIVE

BRITISH · ENGLAND · Age 54

Also on 1 other board

Mr Paul Nigel Rice

director · Since 01/02/2025

GROUP FINANCE DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 10 other boards

Persons with Significant Control

Coral Products Plc

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

Southmoor Road, Southmoor Road, Manchester, M23 9DS

Reg: 02429784 · England And Wales · Plc

Notified 03/05/2022

Former PSCs

Mr Ian James Hillman

Ceased 03/05/2022

Charges6 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY)

Created 03/03/2023Registered 07/03/2023
Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 22/08/2016Registered 26/08/2016
Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 29/09/2015Registered 02/10/2015
Charge
outstanding

CLYDESDALE BANK PLC

Created 29/08/2014Registered 03/09/2014
Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKHIRE BANK)

Created 10/04/2014Registered 26/04/2014
charge
outstanding

CLYDESDALE BANK PLC

Created 11/03/2011Registered 16/03/2011
charge
satisfied

INDUSTRIAL AND CORPORATE FINANCE LIMITED

Created 08/12/2008Registered 19/12/2008Satisfied 27/03/2012
charge
satisfied

GM INVESTMENT TRUSTEES LIMITED AND GM (UK) PENSION TRUSTEES LIMITED

Created 02/09/2008Registered 12/09/2008Satisfied 13/09/2021
charge
satisfied

BIBBY FINANCIAL SERVICES LTD

Created 09/09/2008Registered 10/09/2008Satisfied 02/04/2011

CompanyRankvs 130+ SIC 22220 peers
51

Financial strength83th percentile among SIC peers · 21/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.99× · 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 concern are d

Key FinancialsYear ending 30/04/2022

Turnover

£15.0M

Annual revenue

Net Worth

£1.7M

Balance sheet strength

Cash

£362k

Cash in the bank

Profit Before Tax

-£1.6M

Bottom line earnings

Net Current Assets

-£27k

Working capital

Current Assets

£5.0M

Current Liabilities

£5.0M

Fixed Assets

£2.8M

Debtors

£2.4M

Cost of Sales

£12.7M

Gross Profit

£2.3M

Admin Expenses

£3.5M

Operating Profit

-£1.5M

Profit After Tax

-£1.6M

42avg. employees-9

Tax at Year End

Dividends paid£38k

People Costs

Wages & salaries£1.3M
NI contributions£105k

Balance Sheet

Intangible assets£8k
Bank loans & overdrafts£3.5M
Assets less current liabilities£2.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20220.99-£1.7M
20201.27
20191.28
20181.39

Derived from filed accounts. Not audited figures.