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Purico Speciality Paper Company Limited

07477792

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

ENVIRONMENT HOUSE, NOTTINGHAM, NG3 1DE
Incorporated 23/12/2010

Compliance

Last accounts

31/12/2024

group

Next accounts due

29/09/2026

On track

Confirmation statement

Last: 03/04/2026

Due 17/04/2027

On track

Industry

70100
Activities of head offices

Officers

M.M. Secretariat Limited

secretary · Since 23/12/2011

Also on 15 other boards

Mr Stephen Allen Young

director · Since 30/11/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 59 other boards

Miss Kinga Zaneta Drazdzewska

director · Since 21/06/2023

COMPANY DIRECTOR

POLISH · ENGLAND · Age 43

Also on 58 other boards

Miss Mary Catherine Mcgowan

director · Since 01/10/2025

DIRECTOR

IRISH · ENGLAND · Age 71

Also on 55 other boards

Persons with Significant Control

Purico Limited

25–50% shares

Environment House, 1 St Marks Street, Nottingham, NG3 1DE

Notified 03/01/2018

Mr Nathu Ram Puri

significant-influence-or-control-as-trust

Indian · England · Age 86

Purico Limited 1, St. Marks Street, Nottingham, NG3 1DE

Notified 03/01/2025

Former PSCs

Lj Capital Limited

Ceased 18/07/2018

Clary Limited

Ceased 23/12/2016

Charges1 outstanding

charge
outstanding

CLARY LIMITED

Created 23/12/2010Registered 07/01/2011

CompanyRankvs 5172+ SIC 70100 peers
42

Financial strength87th percentile among SIC peers · 22/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.07× · 2/20
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 strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

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

Liquidity2/20 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

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern We draw attention to note 1.4 in the financial statements, which indicates that if the the ultimate parent company of Clary Limited and the wider group were to withdraw its support, the

Key FinancialsYear ending 31/12/2024

Net Worth

£2.2M

Balance sheet strength

Cash

£161k

Cash in the bank

Profit Before Tax

-£657k

Bottom line earnings

Net Current Assets

-£11.9M

Working capital

Current Assets

£882k

Current Liabilities

£12.8M

Fixed Assets

£4.0M

Debtors

£5.2M

Cost of Sales

£18.0M

Admin Expenses

£3.1M

Profit After Tax

-£331k

1avg. employees-57

Tax at Year End

Corp tax£0
Dividends paid-£500

People Costs

Wages & salaries£2.1M

Balance Sheet

Intangible assets£7.1M
Assets less current liabilities£4.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07+£3.6M
20232.77+£1.3M
20221.80

Derived from filed accounts. Not audited figures.