Transcend Packaging Limited
11027520
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/10/2017
DIRECTOR
ITALIAN · UNITED KINGDOM · Age 59
Also on 2 other boards
director · Since 23/10/2017
DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 6 other boards
director · Since 14/06/2018
CORPORATE ADVISOR
BRITISH · ENGLAND · Age 52
Also on 6 other boards
director · Since 27/09/2022
INVESTMENT DIRECTOR
ITALIAN · ENGLAND · Age 41
Also on 4 other boards
secretary · Since 01/05/2026
Persons with Significant Control
Former PSCs
Mr Leigh Charles Branfield
Ceased 14/11/2017
Mr Lorenzo Angelucci
Ceased 25/09/2018
Charges3 outstanding
HSBC UK BANK PLC
INNOVATION INVESTMENT CAPITAL LIMITED PARTNERSHIP
HSBC UK BANK PLC
HSBC INVOICE FINANCE (UK) LTD
ALEXANDER DAVIES (AS SECURITY TRUSTEE)
GROWTH LENDING OR LIMITED
DBW INVESTMENTS (14) LIMITED
LEUMI ABL LIMITED
BARKBY REAL ESTATE DEVELOPMENTS LIMITED AS SECURITY TRUSTEE
TARNCOURT AMBIT PROPERTIES LIMITED (CRN: 08396002) AS SECURITY TRUSTEE
GUILLAUME CLIGNET
BARCLAYS SECURITY TRUSTEE LIMITED
CompanyRankvs 97+ SIC 17120 peers25
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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 concer
Key FinancialsYear ending 31/12/2022
Turnover
£18.9M
Annual revenue
Net Worth
-£11.9M
Balance sheet strength
Cash
£702k
Cash in the bank
Profit Before Tax
-£7.9M
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
£8.2M
Current Liabilities
£14.0M
Fixed Assets
£9.9M
Debtors
£5.7M
Cost of Sales
£12.6M
Gross Profit
£6.3M
Admin Expenses
£12.3M
Operating Profit
-£6.1M
Profit After Tax
-£7.9M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 0.59 | -£7.9M |
| 2021 | 0.70 | -£5.9M |
| 2020 | 0.96 | +£1.9M |
| 2019 | — | +£754 |
Derived from filed accounts. Not audited figures.