Packaging Products (coatings) Ltd

POWER SEARCH PRICING

SOLUTIONS

packaging products (coatings) ltd Company Information

Live

MatureMidHealthy

Company Number

02480123

Website

www.packagingproducts.co.uk

Registered Address

1 park street, macclesfield, cheshire, SK11 6SR

Industry

Manufacture of paper and paperboard containers other than sacks and bags

Manufacture of paper and paperboard

Telephone

01612054181

Next Accounts Due

September 2025

Group Structure

View All

Directors

John Cornford33 Years

Andrew Cornford32 Years

View All

Shareholders

packaging products (holdings) ltd 100%

packaging products (coatings) ltd Estimated Valuation

£3.1m

Pomanda estimates the enterprise value of PACKAGING PRODUCTS (COATINGS) LTD at £3.1m based on Net Assets of £1.9m and 1.62x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Packaging Products (coatings) Ltd AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Packaging Products (coatings) Ltd is a live company located in cheshire, SK11 6SR with a Companies House number of 02480123. It operates in the manufacture of paper and paperboard sector, SIC Code 17120. Founded in March 1990, it's largest shareholder is packaging products (holdings) ltd with a 100% stake. Packaging Products (coatings) Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £6.7m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Packaging Products (Coatings) Ltd 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 £6.7m, make it smaller than the average company (£23.4m)

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (9.1%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for packaging products (coatings) ltd. Get real-time insights into packaging products (coatings) ltd'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 packaging products (coatings) ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

PACKAGING PRODUCTS (COATINGS) LTD group structure

Packaging Products (Coatings) Ltd has no subsidiary companies.

Ultimate parent company

PACKAGING PRODUCTS (HOLDINGS) LIMITED

09629135

1 parent

PACKAGING PRODUCTS (COATINGS) LTD

02480123

PACKAGING PRODUCTS (COATINGS) LTD Shareholders

packaging products (holdings) ltd

100%

Packaging Products (Coatings) Ltd currently has 6 directors. The longest serving directors include Mr John Cornford (Mar 1991) and Mr Andrew Cornford (Apr 1992).

officer	country	age	start	end	role
Mr John Cornford		86 years	Mar 1991	-	Director
Mr Andrew Cornford		60 years	Apr 1992	-	Director
Mr David Cornford		58 years	Sep 2000	-	Director
Mr Peter Cornford		53 years	Jan 2005	-	Director
Mr Richard Cornford	United Kingdom	56 years	Jan 2006	-	Director
Mr Gary McNeely	England	52 years	Jan 2010	-	Director

EXPORT

Packaging Products (Coatings) Ltd's latest turnover from December 2023 is estimated at £6.7 million and the company has net assets of £1.9 million. According to their latest financial statements, Packaging Products (Coatings) Ltd has 32 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	6,680,016	6,641,781	5,121,595	4,413,751	4,574,825	5,044,390	4,712,608	3,857,780	3,061,238	5,115,100	4,456,514	4,298,552	4,931,665	5,173,235	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	5,036,308	5,069,131	3,856,443	3,314,399	3,495,206	3,842,228	3,555,475	2,865,444	2,262,718	3,866,889	3,346,957	3,279,661	3,745,178	3,844,369	0
Gross Profit	1,643,709	1,572,650	1,265,152	1,099,353	1,079,619	1,202,162	1,157,133	992,336	798,520	1,248,211	1,109,557	1,018,891	1,186,488	1,328,866	0
Admin Expenses	1,896,997	802,858	1,266,913	861,753	873,785	1,075,289	1,155,690	1,228,649	939,039	1,208,626	1,050,570	1,053,838	891,780	708,163	-936,827
Operating Profit	-253,288	769,792	-1,761	237,600	205,834	126,873	1,443	-236,313	-140,519	39,585	58,987	-34,947	294,708	620,703	936,827
Interest Payable	0	2,375	3,125	2,986	1,617	0	0	0	0	0	0	0	0	0	0
Interest Receivable	54,250	24,877	1,571	624	3,742	2,543	1,137	906	2,344	2,528	2,409	2,588	3,068	2,213	707
Pre-Tax Profit	-199,038	792,294	-3,315	235,237	207,959	129,416	2,580	-235,407	-138,175	42,113	61,396	-32,359	297,776	622,917	937,535
Tax	0	-150,536	0	-44,695	-39,512	-24,589	-490	0	0	-8,844	-14,121	0	-77,422	-174,417	-262,510
Profit After Tax	-199,038	641,758	-3,315	190,542	168,447	104,827	2,090	-235,407	-138,175	33,269	47,275	-32,359	220,354	448,500	675,025
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-199,038	641,758	-3,315	190,542	168,447	104,827	2,090	-235,407	-138,175	33,269	47,275	-32,359	220,354	448,500	675,025
Employee Costs	1,371,477	1,235,635	1,158,954	1,103,391	1,167,296	1,155,852	1,080,286	1,037,337	722,705	1,098,527	940,869	929,676	1,063,813	1,174,586	0
Number Of Employees	32	30	30	30	32	32	30	30	21	33	29	28	32	36	0
EBITDA*	-212,929	808,538	35,882	272,894	232,018	157,357	31,068	-207,083	-107,360	75,187	90,214	-5,447	326,722	657,470	937,562

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	306,071	221,978	235,840	200,737	180,900	106,638	116,380	118,235	108,505	260,090	290,705	272,440	274,658	254,155	131,915
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	10,100	10,100	10,100	348,446
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	306,071	221,978	235,840	200,737	180,900	106,638	116,380	118,235	108,505	260,090	290,705	282,540	284,758	264,255	480,361
Stock & work in progress	723,572	792,643	491,680	379,179	466,509	534,947	470,225	400,049	440,338	619,854	429,117	465,016	531,404	491,420	0
Trade Debtors	1,441,087	1,555,176	1,206,783	991,937	983,150	1,051,086	1,119,076	910,162	714,365	1,027,007	998,913	951,143	954,260	1,015,793	7,515
Group Debtors	1,414	1,414	1,414	1,414	1,414	1,414	1,414	1,414	6,000	0	0	0	0	0	0
Misc Debtors	204,415	127,069	107,171	182,861	128,919	98,087	103,362	109,124	100,204	0	0	0	0	0	0
Cash	1,286,428	883,561	537,972	718,646	529,365	468,532	209,519	245,370	479,597	458,196	552,965	410,581	624,763	602,421	282,930
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	3,656,916	3,359,863	2,345,020	2,274,037	2,109,357	2,154,066	1,903,596	1,666,119	1,740,504	2,105,057	1,980,995	1,826,740	2,110,427	2,109,634	290,445
total assets	3,962,987	3,581,841	2,580,860	2,474,774	2,290,257	2,260,704	2,019,976	1,784,354	1,849,009	2,365,147	2,271,700	2,109,280	2,395,185	2,373,889	770,806
Bank overdraft	0	0	12,500	12,500	12,500	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	0
Trade Creditors	846,916	914,548	796,783	631,127	658,666	872,191	673,521	443,751	339,577	931,853	808,545	698,100	951,891	1,159,524	25,781
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	1,097,723	484,197	190,244	253,339	237,888	225,409	286,768	284,391	217,813	0	0	0	0	0	0
total current liabilities	1,944,639	1,398,745	999,527	896,966	909,054	1,097,600	960,289	728,142	557,390	931,853	808,545	698,100	951,891	1,159,524	25,781
loans	0	0	37,500	37,500	35,417	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	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	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	75,825	41,535	44,030	37,190	33,210	18,975	20,385	19,000	19,000	22,500	27,775	23,075	22,830	14,255	0
total long term liabilities	75,825	41,535	81,530	74,690	68,627	18,975	20,385	19,000	19,000	22,500	27,775	23,075	22,830	14,255	0
total liabilities	2,020,464	1,440,280	1,081,057	971,656	977,681	1,116,575	980,674	747,142	576,390	954,353	836,320	721,175	974,721	1,173,779	25,781
net assets	1,942,523	2,141,561	1,499,803	1,503,118	1,312,576	1,144,129	1,039,302	1,037,212	1,272,619	1,410,794	1,435,380	1,388,105	1,420,464	1,200,110	745,025
total shareholders funds	1,942,523	2,141,561	1,499,803	1,503,118	1,312,576	1,144,129	1,039,302	1,037,212	1,272,619	1,410,794	1,435,380	1,388,105	1,420,464	1,200,110	745,025

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	-253,288	769,792	-1,761	237,600	205,834	126,873	1,443	-236,313	-140,519	39,585	58,987	-34,947	294,708	620,703	936,827
Depreciation	40,359	38,746	37,643	35,294	26,184	30,484	29,625	29,230	33,159	35,602	31,227	29,500	32,014	36,767	735
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-150,536	0	-44,695	-39,512	-24,589	-490	0	0	-8,844	-14,121	0	-77,422	-174,417	-262,510
Stock	-69,071	300,963	112,501	-87,330	-68,438	64,722	70,176	-40,289	-179,516	190,737	-35,899	-66,388	39,984	491,420	0
Debtors	-36,743	368,291	139,156	62,729	-37,104	-73,265	203,152	200,131	-206,438	28,094	47,770	-3,117	-61,533	1,008,278	7,515
Creditors	-67,632	117,765	165,656	-27,539	-213,525	198,670	229,770	104,174	-592,276	123,308	110,445	-253,791	-207,633	1,133,743	25,781
Accruals and Deferred Income	613,526	293,953	-63,095	15,451	12,479	-61,359	2,377	66,578	217,813	0	0	0	0	0	0
Deferred Taxes & Provisions	34,290	-2,495	6,840	3,980	14,235	-1,410	1,385	0	-3,500	-5,275	4,700	245	8,575	14,255	0
Cash flow from operations	473,069	397,971	-106,374	244,692	111,237	277,212	-9,218	-196,173	-99,369	-34,455	179,367	-189,488	71,791	131,353	693,318
Investing Activities
capital expenditure	-124,452	-24,884	-72,746	-55,131	-100,446	-20,742	-27,770	-38,960	118,426	-4,987	-49,492	-27,282	-52,517	-159,007	-132,650
Change in Investments	0	0	0	0	0	0	0	0	0	0	-10,100	0	0	-338,346	348,446
cash flow from investments	-124,452	-24,884	-72,746	-55,131	-100,446	-20,742	-27,770	-38,960	118,426	-4,987	-39,392	-27,282	-52,517	179,339	-481,096
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	-37,500	0	2,083	35,417	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	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	0
share issue	0	0	0	0	0	0	0	0	0	-57,855	0	0	0	6,585	70,000
interest	54,250	22,502	-1,554	-2,362	2,125	2,543	1,137	906	2,344	2,528	2,409	2,588	3,068	2,213	707
cash flow from financing	54,250	-14,998	-1,554	-279	37,542	2,543	1,137	906	2,344	-55,327	2,409	2,588	3,068	8,798	70,707
cash and cash equivalents
cash	402,867	345,589	-180,674	189,281	60,833	259,013	-35,851	-234,227	21,401	-94,769	142,384	-214,182	22,342	319,491	282,930
overdraft	0	-12,500	0	0	12,500	0	0	0	0	0	0	0	0	0	0
change in cash	402,867	358,089	-180,674	189,281	48,333	259,013	-35,851	-234,227	21,401	-94,769	142,384	-214,182	22,342	319,491	282,930

P&L

December 2023

turnover

6.7m

+1%

operating profit

-253.3k

gross margin

24.7%

+3.92%

turnover

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

Balance Sheet

December 2023

net assets

1.9m

-0.09%

total assets

+0.11%

cash

1.3m

+0.46%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

south staffordshire paper products limited

1.5

the corrugated case company limited

4.5

newby packaging limited

unita packaging limited

john kilby & son limited

company number

02480123

Type

Private limited with Share Capital

industry

17219 - Manufacture of paper and paperboard containers other than sacks and bags

17120 - Manufacture of paper and paperboard

incorporation date

March 1990

age

accounts

Total Exemption Full

ultimate parent company

PACKAGING PRODUCTS (HOLDINGS) LIMITED

previous names

boltsage services limited (December 2009)

packaging products limited (March 1994)

incorporated

address

1 park street, macclesfield, cheshire, SK11 6SR

last accounts submitted

December 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 packaging products (coatings) ltd. Currently there are 0 open charges and 3 have been satisfied in the past.

packaging products (coatings) ltd Company Information

packaging products (coatings) ltd Estimated Valuation

packaging products (coatings) ltd Estimated Valuation

packaging products (coatings) ltd Estimated Valuation

Packaging Products (coatings) Ltd AI Business Plan

Packaging Products (coatings) Ltd Overview

Packaging Products (coatings) Ltd Health Check

packaging products (coatings) ltd Credit Report and Business Information

Packaging Products (coatings) Ltd Competitor Analysis

packaging products (coatings) ltd Ownership

packaging products (coatings) ltd directors

PACKAGING PRODUCTS (COATINGS) LTD financials

packaging products (coatings) ltd company details

packaging products (coatings) ltd Charges & Mortgages

packaging products (coatings) ltd Companies House Filings - See Documents