Direct Packaging Limited

POWER SEARCH PRICING

SOLUTIONS

direct packaging limited Company Information

Live

MatureSmallLow

Company Number

02062528

Website

www.directpackaging.co.uk

Registered Address

c/o berry accountants, bowden ho, 36 northampton road, market harborough, leicestershire, LE16 9HE

Industry

Packaging activities

Other business support service activities n.e.c.

Telephone

441702548418

Next Accounts Due

December 2024

Group Structure

View All

Directors

Steven Knight5 Years

Shareholders

direct packaging group limited 100%

direct packaging limited Estimated Valuation

£8.2m

Pomanda estimates the enterprise value of DIRECT PACKAGING LIMITED at £8.2m based on Net Assets of £3.4m and 2.4x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Direct Packaging Limited is a live company located in market harborough, LE16 9HE with a Companies House number of 02062528. It operates in the packaging activities sector, SIC Code 82920. Founded in October 1986, it's largest shareholder is direct packaging group limited with a 100% stake. Direct Packaging Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with low growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Direct Packaging Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

3 Strong

4 Regular

5 Weak

Size

annual sales of £2.3m, make it smaller than the average company (£7.5m)

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6.8%)

EXPORT

Direct Packaging Limited's latest turnover from March 2023 is estimated at £2.3 million and the company has net assets of £3.4 million. According to their latest financial statements, Direct Packaging Limited has 14 employees and maintains cash reserves of £760.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Apr 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	2,325,356	2,155,954	2,299,970	2,124,242	2,296,885	2,015,726	2,198,697	2,309,568	3,114,285	3,117,808	2,835,677	2,549,879	2,477,842	1,652,670
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,608,770	1,491,496	1,600,337	1,475,224	1,566,630	1,380,722	1,475,131	1,591,269	2,161,850	2,156,993	1,942,198	1,735,381	1,649,781	1,123,835
Gross Profit	716,586	664,457	699,632	649,018	730,255	635,004	723,565	718,299	952,435	960,815	893,479	814,498	828,061	528,835
Admin Expenses	623,677	429,645	85,691	229,866	179,670	206,160	224,642	600,335	866,825	856,294	755,632	701,038	697,723	-256,503
Operating Profit	92,909	234,812	613,941	419,152	550,585	428,844	498,923	117,964	85,610	104,521	137,847	113,460	130,338	785,338
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	27,854	4,073	460	282	5,179	4,723	1,683	2,748	2,131	1,668	1,292	1,328	1,300	627
Pre-Tax Profit	120,763	238,885	614,401	419,433	555,764	433,567	500,606	120,711	87,742	106,190	139,139	114,788	131,638	785,965
Tax	-22,945	-45,388	-116,736	-79,692	-105,595	-82,378	-100,121	-24,142	-18,426	-24,424	-33,393	-29,845	-36,858	-220,070
Profit After Tax	97,818	193,497	497,665	339,741	450,169	351,189	400,485	96,569	69,316	81,766	105,746	84,943	94,779	565,895
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	97,818	193,497	497,665	339,741	450,169	351,189	400,485	96,569	69,316	81,766	105,746	84,943	94,779	565,895
Employee Costs	557,072	592,794	589,152	583,047	567,610	571,733	550,325	547,667	771,395	735,424	686,600	628,551	636,485	441,366
Number Of Employees	14	16	17	17	16	16	17	17	23	23	21	19	20	14
EBITDA*	174,413	309,045	644,287	454,603	563,405	453,551	528,100	150,284	129,425	152,074	184,797	152,838	161,313	814,605

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Apr 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	531,054	541,214	88,189	101,631	45,087	256,209	280,266	293,088	304,496	337,125	337,659	317,292	294,420	291,639
Intangible Assets	401	552	762	1,051	1,450	2,000	2,650	0	0	8,474	10,592	12,710	14,828	16,947
Investments & Other	0	0	0	0	0	0	217,575	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	531,455	541,766	88,951	102,682	46,537	258,209	500,491	293,088	304,496	345,599	348,251	330,002	309,248	308,586
Stock & work in progress	446,948	279,236	280,604	237,186	298,315	316,575	266,332	311,654	258,000	277,390	208,592	166,882	196,107	117,147
Trade Debtors	362,577	429,918	376,054	373,406	443,038	379,029	444,373	417,817	521,038	487,508	471,855	484,756	413,880	332,900
Group Debtors	2,100,409	2,251,409	2,199,115	1,932,864	1,724,939	0	0	0	0	0	0	0	0	0
Misc Debtors	37,917	74,762	209,142	15,928	14,421	10,648	14,535	18,489	0	0	0	0	0	0
Cash	760,349	550,426	535,649	384,776	178,790	1,202,333	686,935	659,285	439,753	412,785	254,556	262,238	269,042	250,930
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	3,708,200	3,585,751	3,600,564	2,944,160	2,659,503	1,908,585	1,412,175	1,407,245	1,218,791	1,177,683	935,003	913,876	879,029	700,977
total assets	4,239,655	4,127,517	3,689,515	3,046,842	2,706,040	2,166,794	1,912,666	1,700,333	1,523,287	1,523,282	1,283,254	1,243,878	1,188,277	1,009,563
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	211,241	175,803	258,245	202,902	177,195	147,766	140,985	138,274	505,147	569,521	412,466	303,979	513,259	281,595
Group/Directors Accounts	0	0	0	0	0	0	56,169	283,150	0	0	0	174,045	0	147,576
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	85,504	83,283	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	143,932	126,006	276,807	187,142	220,958	167,340	197,438	165,094	0	0	0	0	0	0
total current liabilities	440,677	385,092	535,052	390,044	398,153	315,106	394,592	586,518	505,147	569,521	412,466	478,024	513,259	429,171
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	193,161	278,665	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	175,239	131,000	15,200	15,200	6,030	0	0	13,801	14,695	19,632	18,425	19,237	13,344	13,497
total long term liabilities	368,400	409,665	15,200	15,200	6,030	0	0	13,801	14,695	19,632	18,425	19,237	13,344	13,497
total liabilities	809,077	794,757	550,252	405,244	404,183	315,106	394,592	600,319	519,842	589,153	430,891	497,261	526,603	442,668
net assets	3,430,578	3,332,760	3,139,263	2,641,598	2,301,857	1,851,688	1,518,074	1,100,014	1,003,445	934,129	852,363	746,617	661,674	566,895
total shareholders funds	3,430,578	3,332,760	3,139,263	2,641,598	2,301,857	1,851,688	1,518,074	1,100,014	1,003,445	934,129	852,363	746,617	661,674	566,895

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Apr 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	92,909	234,812	613,941	419,152	550,585	428,844	498,923	117,964	85,610	104,521	137,847	113,460	130,338	785,338
Depreciation	81,353	74,023	30,057	35,052	12,270	24,057	28,827	32,320	35,341	45,435	44,832	37,260	28,856	27,148
Amortisation	151	210	289	399	550	650	350	0	8,474	2,118	2,118	2,118	2,119	2,119
Tax	-22,945	-45,388	-116,736	-79,692	-105,595	-82,378	-100,121	-24,142	-18,426	-24,424	-33,393	-29,845	-36,858	-220,070
Stock	167,712	-1,368	43,418	-61,129	-18,260	50,243	-45,322	53,654	-19,390	68,798	41,710	-29,225	78,960	117,147
Debtors	-255,186	-28,222	462,113	139,800	1,792,721	-69,231	22,602	-84,732	33,530	15,653	-12,901	70,876	80,980	332,900
Creditors	35,438	-82,442	55,343	25,707	29,429	6,781	2,711	-366,873	-64,374	157,055	108,487	-209,280	231,664	281,595
Accruals and Deferred Income	17,926	-150,801	89,665	-33,816	53,618	-30,098	32,344	165,094	0	0	0	0	0	0
Deferred Taxes & Provisions	44,239	115,800	0	9,170	6,030	0	-13,801	-894	-4,937	1,207	-812	5,893	-153	13,497
Cash flow from operations	336,545	175,804	167,028	297,301	-1,227,574	366,844	471,953	-45,453	27,548	201,461	230,270	-122,045	196,026	439,580
Investing Activities
capital expenditure	-71,193	-527,048	-16,615	-91,596	198,852	0	-19,005	-20,912	-2,712	-44,901	-65,199	-60,132	-31,637	-337,853
Change in Investments	0	0	0	0	0	-217,575	217,575	0	0	0	0	0	0	0
cash flow from investments	-71,193	-527,048	-16,615	-91,596	198,852	217,575	-236,580	-20,912	-2,712	-44,901	-65,199	-60,132	-31,637	-337,853
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	-56,169	-226,981	283,150	0	0	-174,045	174,045	-147,576	147,576
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	-83,283	361,948	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	-17,575	17,575	0	0	0	0	0	0	1,000
interest	27,854	4,073	460	282	5,179	4,723	1,683	2,748	2,131	1,668	1,292	1,328	1,300	627
cash flow from financing	-55,429	366,021	460	282	5,179	-69,021	-207,723	285,898	2,131	1,668	-172,753	175,373	-146,276	149,203
cash and cash equivalents
cash	209,923	14,777	150,873	205,986	-1,023,543	515,398	27,650	219,532	26,968	158,229	-7,682	-6,804	18,112	250,930
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	209,923	14,777	150,873	205,986	-1,023,543	515,398	27,650	219,532	26,968	158,229	-7,682	-6,804	18,112	250,930

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for direct packaging limited. Get real-time insights into direct packaging limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for direct packaging limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

DIRECT PACKAGING LIMITED group structure

Direct Packaging Limited has no subsidiary companies.

Ultimate parent company

DIRECT PACKAGING GROUP LIMITED

11436247

1 parent

DIRECT PACKAGING LIMITED

02062528

DIRECT PACKAGING LIMITED Shareholders

direct packaging group limited

100%

Direct Packaging Limited currently has 1 director, Mr Steven Knight serving since Oct 2018.

officer	country	age	start	end	role
Mr Steven Knight	England	52 years	Oct 2018	-	Director

P&L

March 2023

turnover

2.3m

+8%

operating profit

92.9k

gross margin

30.9%

-0.01%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

3.4m

+0.03%

total assets

4.2m

+0.03%

cash

760.3k

+0.38%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

purepac ltd

g. howard guest limited

newgate simms limited

4.5

graham packaging european services limited

resc limited

company number

02062528

Type

Private limited with Share Capital

industry

82920 - Packaging activities

82990 - Other business support service activities n.e.c.

incorporation date

October 1986

age

accounts

Total Exemption Full

ultimate parent company

DIRECT PACKAGING GROUP LIMITED

previous names

N/A

incorporated

address

c/o berry accountants, bowden ho, 36 northampton road, market harborough, leicestershire, LE16 9HE

last accounts submitted

March 2023

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 3 charges/mortgages relating to direct packaging limited. Currently there are 1 open charges and 2 have been satisfied in the past.

direct packaging limited Company Information

direct packaging limited Estimated Valuation

direct packaging limited Estimated Valuation

direct packaging limited Estimated Valuation

Direct Packaging Limited Overview

Direct Packaging Limited Health Check

DIRECT PACKAGING LIMITED financials

direct packaging limited Credit Report and Business Information

Direct Packaging Limited Competitor Analysis

direct packaging limited Ownership

direct packaging limited directors

direct packaging limited company details

direct packaging limited Charges & Mortgages

direct packaging limited Companies House Filings - See Documents