swiftpak ltd
swiftpak ltd Company Information
Company Number
07676249
Next Accounts
Sep 2025
Industry
Packaging activities
Shareholders
swiftpak holdings limited
david turner
Group Structure
View All
Contact
Registered Address
swiftpak house arrowhead road, theale, reading, berkshire, RG7 4AH
Website
www.swiftpak.co.ukswiftpak ltd Estimated Valuation
Pomanda estimates the enterprise value of SWIFTPAK LTD at £11.3m based on a Turnover of £12.7m and 0.89x industry multiple (adjusted for size and gross margin).
swiftpak ltd Estimated Valuation
Pomanda estimates the enterprise value of SWIFTPAK LTD at £7.4m based on an EBITDA of £1.3m and a 5.67x industry multiple (adjusted for size and gross margin).
swiftpak ltd Estimated Valuation
Pomanda estimates the enterprise value of SWIFTPAK LTD at £10.1m based on Net Assets of £3.8m and 2.68x industry multiple (adjusted for liquidity).
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Swiftpak Ltd Overview
Swiftpak Ltd is a live company located in reading, RG7 4AH with a Companies House number of 07676249. It operates in the packaging activities sector, SIC Code 82920. Founded in June 2011, it's largest shareholder is swiftpak holdings limited with a 90% stake. Swiftpak Ltd is a established, mid sized company, Pomanda has estimated its turnover at £12.7m with high growth in recent years.
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Swiftpak Ltd Health Check
Pomanda's financial health check has awarded Swiftpak Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £12.7m, make it in line with the average company (£13.2m)
£12.7m - Swiftpak Ltd
£13.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (5.8%)
- Swiftpak Ltd
5.8% - Industry AVG
Production
with a gross margin of 38.4%, this company has a lower cost of product (25.3%)
38.4% - Swiftpak Ltd
25.3% - Industry AVG
Profitability
an operating margin of 9% make it more profitable than the average company (4.5%)
9% - Swiftpak Ltd
4.5% - Industry AVG
Employees
with 48 employees, this is similar to the industry average (48)
48 - Swiftpak Ltd
48 - Industry AVG
Pay Structure
on an average salary of £50.3k, the company has a higher pay structure (£40.2k)
£50.3k - Swiftpak Ltd
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £264.9k, this is equally as efficient (£233.9k)
£264.9k - Swiftpak Ltd
£233.9k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is earlier than average (60 days)
42 days - Swiftpak Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is quicker than average (39 days)
35 days - Swiftpak Ltd
39 days - Industry AVG
Stock Days
it holds stock equivalent to 45 days, this is in line with average (43 days)
45 days - Swiftpak Ltd
43 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 66 weeks, this is more cash available to meet short term requirements (7 weeks)
66 weeks - Swiftpak Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.6%, this is a lower level of debt than the average (67.2%)
33.6% - Swiftpak Ltd
67.2% - Industry AVG
SWIFTPAK LTD financials
Swiftpak Ltd's latest turnover from December 2023 is £12.7 million and the company has net assets of £3.8 million. According to their latest financial statements, Swiftpak Ltd has 48 employees and maintains cash reserves of £2.3 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,717,179 | 13,160,575 | 12,251,199 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 7,840,111 | 8,809,470 | 8,206,717 | ||||||||||
| Gross Profit | 4,877,068 | 4,351,105 | 4,044,482 | ||||||||||
| Admin Expenses | 3,737,498 | 3,261,345 | 3,509,359 | ||||||||||
| Operating Profit | 1,139,570 | 1,089,760 | 535,123 | ||||||||||
| Interest Payable | 51,171 | 32,612 | 19,056 | ||||||||||
| Interest Receivable | 3,532 | 0 | 1,137 | ||||||||||
| Pre-Tax Profit | 1,091,931 | 1,057,148 | 517,204 | ||||||||||
| Tax | -236,014 | -118,881 | -70,376 | ||||||||||
| Profit After Tax | 855,917 | 938,267 | 446,828 | ||||||||||
| Dividends Paid | 135,000 | 140,000 | 142,500 | ||||||||||
| Retained Profit | 720,917 | 798,267 | 304,328 | ||||||||||
| Employee Costs | 2,415,086 | 2,146,351 | 1,916,708 | ||||||||||
| Number Of Employees | 48 | 46 | 40 | 30 | 30 | 29 | 31 | 33 | |||||
| EBITDA* | 1,300,026 | 1,241,849 | 707,450 |
* 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 | 431,723 | 490,539 | 335,101 | 268,143 | 267,195 | 2,221,089 | 2,158,537 | 2,257,225 | 2,178,767 | 2,195,678 | 2,155,693 | 2,180,573 | 64,190 |
| Intangible Assets | 0 | 0 | 0 | 58,332 | 158,332 | 258,332 | 358,332 | 458,332 | 558,332 | 658,332 | 986,332 | 858,333 | 958,333 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 431,723 | 490,539 | 335,101 | 326,475 | 425,527 | 2,479,421 | 2,516,869 | 2,715,557 | 2,737,099 | 2,854,010 | 3,142,025 | 3,038,906 | 1,022,523 |
| Stock & work in progress | 967,516 | 1,163,757 | 1,370,242 | 801,755 | 683,996 | 714,416 | 652,487 | 702,332 | 569,533 | 615,338 | 567,395 | 362,199 | 302,534 |
| Trade Debtors | 1,480,692 | 2,023,697 | 2,259,729 | 1,820,034 | 1,453,545 | 1,153,077 | 1,275,364 | 1,145,263 | 1,060,765 | 1,081,934 | 917,038 | 586,051 | 546,948 |
| Group Debtors | 328,813 | 84,820 | 312,637 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 184,811 | 263,022 | 457,743 | 378,099 | 176,766 | 48,625 | 64,755 | 44,418 | 32,987 | 0 | 0 | 0 | 0 |
| Cash | 2,287,239 | 1,305,567 | 642,633 | 447,138 | 829,456 | 603,100 | 117,047 | 193,867 | 432,612 | 86,425 | 103,356 | 139,860 | 346,219 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,249,071 | 4,840,863 | 5,042,984 | 3,447,026 | 3,143,763 | 2,519,218 | 2,109,653 | 2,085,880 | 2,095,897 | 1,783,697 | 1,587,789 | 1,088,110 | 1,195,701 |
| total assets | 5,680,794 | 5,331,402 | 5,378,085 | 3,773,501 | 3,569,290 | 4,998,639 | 4,626,522 | 4,801,437 | 4,832,996 | 4,637,707 | 4,729,814 | 4,127,016 | 2,218,224 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 54,015 | 51,873 | 48,903 | 46,214 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 762,812 | 932,546 | 1,245,742 | 815,232 | 962,280 | 793,603 | 812,437 | 859,534 | 544,882 | 1,107,007 | 1,300,208 | 757,670 | 1,083,316 |
| Group/Directors Accounts | 0 | 250,000 | 250,000 | 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 | 77,376 | 91,483 | 44,627 | 26,190 | 33,774 | 60,613 | 35,228 | 56,651 | 34,934 | 0 | 0 | 0 | 0 |
| other current liabilities | 941,243 | 803,844 | 1,460,241 | 889,411 | 775,407 | 1,906,179 | 460,831 | 413,465 | 501,019 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,781,431 | 2,077,873 | 3,000,610 | 1,735,833 | 1,771,461 | 2,814,410 | 1,360,369 | 1,378,553 | 1,127,049 | 1,107,007 | 1,300,208 | 757,670 | 1,083,316 |
| loans | 0 | 0 | 0 | 45,000 | 0 | 952,962 | 1,006,843 | 1,058,954 | 1,108,312 | 953,593 | 1,013,562 | 1,062,130 | 0 |
| hp & lease commitments | 44,051 | 99,649 | 60,049 | 0 | 26,190 | 59,964 | 28,392 | 63,619 | 37,971 | 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 | 0 | 1,100,000 | 1,300,000 | 1,600,000 | 1,944,632 | 1,894,387 | 1,928,117 | 1,000,000 |
| provisions | 83,100 | 102,585 | 64,398 | 43,968 | 42,613 | 58,860 | 41,094 | 56,431 | 32,882 | 29,013 | 12,824 | 8,422 | 0 |
| total long term liabilities | 127,151 | 202,234 | 124,447 | 88,968 | 68,803 | 1,071,786 | 2,176,329 | 2,479,004 | 2,779,165 | 2,927,238 | 2,920,773 | 2,998,669 | 1,000,000 |
| total liabilities | 1,908,582 | 2,280,107 | 3,125,057 | 1,824,801 | 1,840,264 | 3,886,196 | 3,536,698 | 3,857,557 | 3,906,214 | 4,034,245 | 4,220,981 | 3,756,339 | 2,083,316 |
| net assets | 3,772,212 | 3,051,295 | 2,253,028 | 1,948,700 | 1,729,026 | 1,112,443 | 1,089,824 | 943,880 | 926,782 | 603,462 | 508,833 | 370,677 | 134,908 |
| total shareholders funds | 3,772,212 | 3,051,295 | 2,253,028 | 1,948,700 | 1,729,026 | 1,112,443 | 1,089,824 | 943,880 | 926,782 | 603,462 | 508,833 | 370,677 | 134,908 |
| 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 | 1,139,570 | 1,089,760 | 535,123 | ||||||||||
| Depreciation | 160,456 | 152,089 | 172,327 | 71,471 | 90,856 | 102,322 | 109,720 | 90,598 | 80,271 | 67,966 | 64,472 | 61,163 | 18,010 |
| Amortisation | 0 | 0 | 0 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 358,000 | 328,001 | 100,000 | 41,667 |
| Tax | -236,014 | -118,881 | -70,376 | ||||||||||
| Stock | -196,241 | -206,485 | 568,487 | 117,759 | -30,420 | 61,929 | -49,845 | 132,799 | -45,805 | 47,943 | 205,196 | 59,665 | 302,534 |
| Debtors | -377,223 | -658,570 | 831,976 | 567,822 | 428,609 | -138,417 | 150,438 | 95,929 | 11,818 | 164,896 | 330,987 | 39,103 | 546,948 |
| Creditors | -169,734 | -313,196 | 430,510 | -147,048 | 168,677 | -18,834 | -47,097 | 314,652 | -562,125 | -193,201 | 542,538 | -325,646 | 1,083,316 |
| Accruals and Deferred Income | 137,399 | -656,397 | 570,830 | 114,004 | -1,130,772 | 1,445,348 | 47,366 | -87,554 | 501,019 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -19,485 | 38,187 | 20,430 | 1,355 | -16,247 | 17,766 | -15,337 | 23,549 | 3,869 | 16,189 | 4,402 | 8,422 | 0 |
| Cash flow from operations | 1,585,656 | 1,056,617 | 258,381 | ||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | -5,000 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -250,000 | 0 | 250,000 | 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 | 0 | 0 | -45,000 | 45,000 | -952,962 | -53,881 | -52,111 | -49,358 | 154,719 | -59,969 | -48,568 | 1,062,130 | 0 |
| Hire Purchase and Lease Commitments | -69,705 | 86,456 | 78,486 | -33,774 | -60,613 | 56,957 | -56,650 | 47,365 | 72,905 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -1,100,000 | -200,000 | -300,000 | -344,632 | 50,245 | -33,730 | 928,117 | 1,000,000 |
| share issue | |||||||||||||
| interest | -47,639 | -32,612 | -17,919 | ||||||||||
| cash flow from financing | -367,344 | 53,844 | 260,567 | ||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 981,672 | 662,934 | 195,495 | -382,318 | 226,356 | 486,053 | -76,820 | -238,745 | 346,187 | -16,931 | -36,504 | -206,359 | 346,219 |
| overdraft | 0 | 0 | 0 | 0 | -54,015 | 2,142 | 2,970 | 2,689 | 46,214 | 0 | 0 | 0 | 0 |
| change in cash | 981,672 | 662,934 | 195,495 | -382,318 | 280,371 | 483,911 | -79,790 | -241,434 | 299,973 | -16,931 | -36,504 | -206,359 | 346,219 |
swiftpak ltd Credit Report and Business Information
Swiftpak Ltd Competitor Analysis
Perform a competitor analysis for swiftpak ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in RG7 area or any other competitors across 12 key performance metrics.
swiftpak ltd Ownership
SWIFTPAK LTD group structure
Swiftpak Ltd has no subsidiary companies.
Ultimate parent company
SWIFTPAK LTD
07676249
swiftpak ltd directors
Swiftpak Ltd currently has 2 directors. The longest serving directors include Mr Martin Gulley (Jun 2011) and Mr Craig Gulley (Jun 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Gulley | England | 67 years | Jun 2011 | - | Director |
| Mr Craig Gulley | England | 44 years | Jun 2011 | - | Director |
P&L
December 2023turnover
12.7m
-3%
operating profit
1.1m
+5%
gross margin
38.4%
+16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.8m
+0.24%
total assets
5.7m
+0.07%
cash
2.3m
+0.75%
net assets
Total assets minus all liabilities
swiftpak ltd company details
company number
07676249
Type
Private limited with Share Capital
industry
82920 - Packaging activities
incorporation date
June 2011
age
13
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BISHOP FLEMING LLP
address
swiftpak house arrowhead road, theale, reading, berkshire, RG7 4AH
Bank
-
Legal Advisor
-
swiftpak ltd 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 found 2 charges/mortgages relating to swiftpak ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
swiftpak ltd Companies House Filings - See Documents
| date | description | view/download |
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