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Cash

£853K

+14.8% vs 2024

Net assets

£234M

+9.9% highest in 3 filed years

Employees

1,254

-1.7% lowest in 3 filed years

Profit before tax

£27M

-6.5% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £390,559,000£371,830,000£383,831,000 +3.2%
Operating profit £31,106,000£29,736,000£27,750,000 -6.7%
Profit before tax £30,574,000£29,278,000£27,370,000 -6.5%
Net profit £21,632,000£23,625,000£21,083,000 -10.8%
Cash £906,000£743,000£853,000 +14.8%
Total assets less current liabilities £229,898,000£253,290,000£272,114,000 +7.4%
Net assets £189,765,000£213,390,000£234,473,000 +9.9%
Equity £189,765,000£213,390,000£234,473,000 +9.9%
Average employees 1,3211,2761,254 -1.7%
Wages £56,493,000£57,052,000£57,365,000 +0.5%
Directors' remuneration £454,000£391,000£365,000 -6.6%

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 8.0%8.0%7.2%
Net margin 5.5%6.4%5.5%
Return on capital employed 13.5%11.7%10.2%
Gearing (liabilities / total assets) 41.1%40.7%
Current ratio 1.10x1.32x1.30x
Interest cover 58.47x64.93x73.03x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 2 times since incorporation

  1. SAICA PACK UK LIMITED 2009-04-02 → present
  2. SAICA PACKAGING UK LIMITED 2007-03-15 → 2009-04-02
  3. INTERNATIONAL PAPER CONTAINERS (U.K.) LIMITED 1975-07-04 → 2007-03-15

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Saffery LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 26 resigned

Name Role Appointed Born Nationality
NAYEBI AHRANJANI, Sara Secretary 2024-04-30
BANKS, Simon Director 2022-07-15 Jul 1974 British
KRALEV, Jonathan Director 2024-04-30 Feb 1990 British
MONTAL BEL, Julian Director 2024-04-30 Jan 1972 Spanish
Show 26 resigned officers
Name Role Appointed Resigned
BRENNAN, Stephen Secretary 1998-02-16 2001-07-01
EYLES, Melanie Secretary 2010-01-01 2010-10-01
HODSON, Frank Secretary 1997-11-30
KRALEV, Jonathan Secretary 2022-09-16 2024-04-30
MCCANDLESS, Stephen Alexander Secretary 2001-07-01 2008-06-04
PETTY, Steven Secretary 2013-01-29 2022-09-16
ROBINSON, Joaquin Balet Secretary 2010-10-01 2012-12-01
ALEJANDRO BALET, Angel Ramon Director 2006-12-29 2024-04-30
ALEJANDRO BALET, Susana Director 2006-12-29 2024-04-30
APOLLONIO, David William Director 2001-12-01 2005-04-01
BAIN, Kenneth Eric Director 2007-09-03 2008-07-22
BIRCH, David Lindsley Director 1999-09-17
BOCCON GIBOD BEGLEY, Isabelle Director 2001-07-01 2001-12-01
BRENNAN, Stephen Director 1998-02-16 2001-07-01
CARR, Max Anthony Director 1997-11-28
DAROCZI, Hans Peter Director 2002-06-30
FOURCADE, Serge Director 2008-06-04 2009-03-27
GIRAUD, Pascal Director 2009-03-27 2024-04-30
GREENBERG, Charles Director 2003-01-01
GUTIERREZ RODRIGUEZ, Pedro Director 2006-12-29 2013-07-01
LISTER, Brian Keith Director 2013-07-01 2024-04-30
MCCANDLESS, Stephen Alexander Director 2001-07-01 2008-06-04
PIROZZI, Paolo Director 2005-04-01 2007-09-01
RICE, Thomas Anthony Director 2009-03-27 2022-07-15
SUTTON, Mark Stephen Director 2002-07-01 2005-09-01
VAN LIESHOUT, Marc Director 2005-09-01 2006-12-29

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 211 total filings

Date Type Category Description
2026-05-20 AA accounts Accounts with accounts type full
2025-10-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-10 AA accounts Accounts with accounts type full
2024-10-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-11 AA accounts Accounts with accounts type full
2024-05-02 AP01 officers Appoint person director company with name date PDF
2024-04-30 TM02 officers Termination secretary company with name termination date PDF
2024-04-30 TM01 officers Termination director company with name termination date PDF
2024-04-30 TM01 officers Termination director company with name termination date PDF
2024-04-30 AP03 officers Appoint person secretary company with name date PDF
2024-04-30 AP01 officers Appoint person director company with name date PDF
2024-04-30 TM01 officers Termination director company with name termination date PDF
2024-04-30 TM01 officers Termination director company with name termination date PDF
2023-09-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-05 AA accounts Accounts with accounts type full
2022-09-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-22 AP03 officers Appoint person secretary company with name date PDF
2022-09-16 TM02 officers Termination secretary company with name termination date PDF
2022-07-20 AP01 officers Appoint person director company with name date PDF
2022-07-20 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page