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Pregis Limited

09981936

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

RICHMOND HOUSE, STEVENAGE, SG1 3QP
Incorporated 02/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Kevin Baudhuin

director · Since 02/02/2016

PRESIDENT AND CEO

AMERICAN · UNITED STATES · Age 64

Also on 4 other boards

Mr Donald Keith Lavanway

director · Since 02/02/2016

PRESIDENT & CFO

AMERICAN · UNITED STATES · Age 61

Mr Jason Cox

director · Since 22/05/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Broughton Secretaries Limited

secretary · Since 27/07/2021

OTHER

Also on 377 other boards

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 01/04/2021Registered 01/04/2021
Charge
outstanding

BARCLAYS BANK PLC

Created 11/08/2020Registered 09/09/2020

CompanyRankvs 1050+ SIC 32990 peers
64

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.59× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/12/2023

Turnover

£13.7M

Annual revenue

Net Worth

£3.1M

Balance sheet strength

Cash

£286k

Cash in the bank

Profit Before Tax

£419k

Bottom line earnings

Net Current Assets

£14.5M

Working capital

Current Assets

£23.5M

Current Liabilities

£9.1M

Fixed Assets

£7.3M

Debtors

£20.1M

Cost of Sales

£7.5M

Gross Profit

£6.2M

Admin Expenses

£5.5M

Operating Profit

£707k

Profit After Tax

£94k

51avg. employees-14

Tax at Year End(2021)

Corp tax£84k

People Costs

Wages & salaries£2.9M
NI contributions£198k

Balance Sheet

Intangible assets£4.4M
Bank loans & overdrafts£155k
Assets less current liabilities£21.7M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20232.59+£94k
20222.40-£3.7M
20212.79-£558k
20202.06+£1.5M
2019-£9k

Derived from filed accounts. Not audited figures.