packaging works limited
packaging works limited Company Information
Company Number
07444853
Website
www.packaging-works.co.ukRegistered Address
28 elsdon road, newcastle upon tyne, NE3 1HY
Industry
Manufacture of paper and paperboard containers other than sacks and bags
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Directors
Graeme Young13 Years
Shareholders
graeme david young 40%
clare louise young 25%
View Allpackaging works limited Estimated Valuation
Pomanda estimates the enterprise value of PACKAGING WORKS LIMITED at £181.5k based on a Turnover of £441.4k and 0.41x industry multiple (adjusted for size and gross margin).
packaging works limited Estimated Valuation
Pomanda estimates the enterprise value of PACKAGING WORKS LIMITED at £56.2k based on an EBITDA of £19.4k and a 2.9x industry multiple (adjusted for size and gross margin).
packaging works limited Estimated Valuation
Pomanda estimates the enterprise value of PACKAGING WORKS LIMITED at £14.1k based on Net Assets of £8.2k and 1.73x industry multiple (adjusted for liquidity).
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Packaging Works Limited Overview
Packaging Works Limited is a live company located in newcastle upon tyne, NE3 1HY with a Companies House number of 07444853. It operates in the manufacture of other paper and paperboard containers sector, SIC Code 17219. Founded in November 2010, it's largest shareholder is graeme david young with a 40% stake. Packaging Works Limited is a established, micro sized company, Pomanda has estimated its turnover at £441.4k with healthy growth in recent years.
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Packaging Works Limited Health Check
Pomanda's financial health check has awarded Packaging Works Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
3 Weak
Size
annual sales of £441.4k, make it smaller than the average company (£18.7m)
- Packaging Works Limited
£18.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8.6%)
- Packaging Works Limited
8.6% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Packaging Works Limited
26.4% - Industry AVG
Profitability
an operating margin of 4.4% make it as profitable than the average company (4.8%)
- Packaging Works Limited
4.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (93)
1 - Packaging Works Limited
93 - Industry AVG
Pay Structure
on an average salary of £38k, the company has an equivalent pay structure (£38k)
- Packaging Works Limited
£38k - Industry AVG
Efficiency
resulting in sales per employee of £441.4k, this is more efficient (£186.1k)
- Packaging Works Limited
£186.1k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is near the average (62 days)
- Packaging Works Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 243 days, this is slower than average (55 days)
- Packaging Works Limited
55 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (39 days)
- Packaging Works Limited
39 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Packaging Works Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.7%, this is a higher level of debt than the average (58.4%)
97.7% - Packaging Works Limited
58.4% - Industry AVG
PACKAGING WORKS LIMITED financials
Packaging Works Limited's latest turnover from December 2023 is estimated at £441.4 thousand and the company has net assets of £8.2 thousand. According to their latest financial statements, Packaging Works Limited has 1 employee and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 182 | 2 | 2 | 98 | 334 | 570 | 1 | 1 | 1 | 186 | 505 | 824 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 120,000 | 120,000 | 120,000 | 120,000 | 120,000 | 120,000 | 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 |
| Total Fixed Assets | 120,182 | 120,002 | 120,002 | 120,098 | 120,334 | 120,570 | 1 | 1 | 1 | 186 | 505 | 824 | 0 |
| Stock & work in progress | 3,661 | 4,658 | 0 | 711 | 2,520 | 1,031 | 2,419 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 84,986 | 123,373 | 135,428 | 65,144 | 77,381 | 59,297 | 63,099 | 76,210 | 62,706 | 73,051 | 73,220 | 19,795 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 153,350 | 117,291 | 95,479 | 71,991 | 83,236 | 34,059 | 120,117 | 86,751 | 88,097 | 72,834 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 17,379 | 0 | 0 | 0 | 7,993 | 2,985 | 15,939 | 5,636 | 1,880 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 241,997 | 245,322 | 230,907 | 155,225 | 163,137 | 94,387 | 185,635 | 170,954 | 153,788 | 161,824 | 78,856 | 21,675 | 0 |
| total assets | 362,179 | 365,324 | 350,909 | 275,323 | 283,471 | 214,957 | 185,636 | 170,955 | 153,789 | 162,010 | 79,361 | 22,499 | 0 |
| Bank overdraft | 40,119 | 35,930 | 33,329 | 19,319 | 26,209 | 25,103 | 3,459 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 216,675 | 246,091 | 200,388 | 170,394 | 174,257 | 139,019 | 130,638 | 129,113 | 112,210 | 139,435 | 73,240 | 18,799 | 0 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 73,484 | 61,414 | 51,268 | 52,716 | 42,787 | 38,562 | 38,829 | 23,830 | 21,586 | 0 | 0 | 0 | 0 |
| total current liabilities | 330,278 | 343,435 | 284,985 | 242,429 | 243,253 | 202,684 | 172,926 | 152,943 | 133,796 | 139,435 | 73,240 | 18,799 | 0 |
| loans | 23,730 | 23,135 | 33,985 | 27,827 | 6,753 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 7,672 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 63 | 108 | 0 | 0 | 0 | 0 | 101 | 165 | 0 |
| total long term liabilities | 23,730 | 23,135 | 33,985 | 27,827 | 6,816 | 7,780 | 0 | 0 | 0 | 0 | 101 | 165 | 0 |
| total liabilities | 354,008 | 366,570 | 318,970 | 270,256 | 250,069 | 210,464 | 172,926 | 152,943 | 133,796 | 139,435 | 73,341 | 18,964 | 0 |
| net assets | 8,171 | -1,246 | 31,939 | 5,067 | 33,402 | 4,493 | 12,710 | 18,012 | 19,993 | 22,575 | 6,020 | 3,535 | 0 |
| total shareholders funds | 8,171 | -1,246 | 31,939 | 5,067 | 33,402 | 4,493 | 12,710 | 18,012 | 19,993 | 22,575 | 6,020 | 3,535 | 0 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 69 | 0 | 96 | 236 | 236 | 138 | 0 | 0 | 185 | 319 | 319 | 133 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||||||
| Stock | -997 | 4,658 | -711 | -1,809 | 1,489 | -1,388 | 2,419 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,328 | 9,757 | 93,772 | -23,482 | 67,261 | -89,860 | 20,255 | 12,158 | 4,918 | 72,665 | 53,425 | 19,795 | 0 |
| Creditors | -29,416 | 45,703 | 29,994 | -3,863 | 35,238 | 8,381 | 1,525 | 16,903 | -27,225 | 66,195 | 54,441 | 18,799 | 0 |
| Accruals and Deferred Income | 12,070 | 10,146 | -1,448 | 9,929 | 4,225 | -267 | 14,999 | 2,244 | 21,586 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -63 | -45 | 108 | 0 | 0 | 0 | -101 | -64 | 165 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 120,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 595 | -10,850 | 6,158 | 21,074 | 6,753 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | -7,672 | 7,672 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | 0 | -17,379 | 17,379 | 0 | 0 | -7,993 | 5,008 | -12,954 | 10,303 | 3,756 | 1,880 | 0 |
| overdraft | 4,189 | 2,601 | 14,010 | -6,890 | 1,106 | 21,644 | 3,459 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,189 | -2,601 | -31,389 | 24,269 | -1,106 | -21,644 | -11,452 | 5,008 | -12,954 | 10,303 | 3,756 | 1,880 | 0 |
packaging works limited Credit Report and Business Information
Packaging Works Limited Competitor Analysis
Perform a competitor analysis for packaging works limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in NE3 area or any other competitors across 12 key performance metrics.
packaging works limited Ownership
PACKAGING WORKS LIMITED group structure
Packaging Works Limited has no subsidiary companies.
Ultimate parent company
PACKAGING WORKS LIMITED
07444853
packaging works limited directors
Packaging Works Limited currently has 1 director, Mr Graeme Young serving since Nov 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graeme Young | United Kingdom | 53 years | Nov 2010 | - | Director |
P&L
December 2023turnover
441.4k
-13%
operating profit
19.3k
0%
gross margin
26.5%
+4.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
8.2k
-7.56%
total assets
362.2k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
packaging works limited company details
company number
07444853
Type
Private limited with Share Capital
industry
17219 - Manufacture of paper and paperboard containers other than sacks and bags
incorporation date
November 2010
age
14
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2023
address
28 elsdon road, newcastle upon tyne, NE3 1HY
accountant
-
auditor
-
packaging works limited Charges & Mortgages
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 did not find charges/mortgages relating to packaging works limited.
packaging works limited Companies House Filings - See Documents
| date | description | view/download |
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