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Onboard Corrugated Limited

07164981

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

ONBOARD HOUSE NEACHELLS ROUNDABOUT, WOLVERHAMPTON, WV11 3QH
Incorporated 22/02/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

17219
Manufacture of other paper and paperboard containers

Officers

Mr Chhaterpal Singh Jundu

director · Since 06/04/2010

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 11 other boards

Mr Eren Eren

director · Since 18/12/2024

DIRECTOR

TURKISH · ENGLAND · Age 39

Also on 6 other boards

Dr Ulvi Faysal ä°Lhan

director · Since 18/12/2024

DIRECTOR

TURKISH · UNITED KINGDOM · Age 53

Also on 3 other boards

Persons with Significant Control

Onboard (Holdings) Ltd

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

Onboard House, Neachells Roundabout, Wolverhampton, WV11 3QH

Reg: 11823960 · Companies House · Private Limited Company

Notified 30/07/2019

Former PSCs

Mr Chhaterpal Singh Jundu

Ceased 30/07/2019

Charges4 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 13/03/2023Registered 15/03/2023
Charge
outstanding

BARCLAYS BANK PLC

Created 30/10/2020Registered 12/11/2020
Charge
outstanding

BARCLAYS BANK PLC

Created 15/05/2019Registered 20/05/2019
Charge
outstanding

BARCLAYS BANK PLC

Created 17/01/2019Registered 23/01/2019
Charge
satisfied

ALDERMORE BANK PLC

Created 31/08/2018Registered 31/08/2018Satisfied 11/02/2019
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 26/02/2018Registered 07/03/2018Satisfied 27/03/2019
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 15/04/2013Registered 26/04/2013Satisfied 27/03/2019
charge
satisfied

CLOSE INVOICE FINANCE LTD

Created 10/05/2011Registered 14/05/2011Satisfied 27/03/2019
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 11/10/2010Registered 14/10/2010Satisfied 30/03/2011

CompanyRankvs 41+ SIC 17219 peers
65

Financial strength100th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.81× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity16/20 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

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 31/12/2024

Turnover

£44.6M

Annual revenue

Net Worth

£15.4M

Balance sheet strength

Cash

£51k

Cash in the bank

Profit Before Tax

£2.3M

Bottom line earnings

Net Current Assets

£11.3M

Working capital

Current Assets

£25.1M

Current Liabilities

£13.9M

Fixed Assets

£11.6M

Debtors

£17.5M

Cost of Sales

£30.2M

Gross Profit

£14.4M

Admin Expenses

£11.8M

Operating Profit

£2.7M

Profit After Tax

£1.7M

96avg. employees

Tax at Year End

Corp tax£579k

People Costs

Wages & salaries£4.2M
NI contributions£434k

Balance Sheet

Intangible assets£247k
Interest payable£385k
Assets less current liabilities£22.9M
Signed by Mr C S Jundu 4 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.81

Derived from filed accounts. Not audited figures.