WRAPEX LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-03 (in 6mo)
Last made up 2025-10-20
Watchouts
None on the register
Cash
£871K
lowest in 5 filed years
Net assets
£7M
highest in 5 filed years
Employees
42
Average over period
Profit before tax
£2M
highest in 5 filed years
Net assets
6-year trend · vs Basic Materials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | £11,226,876 | £12,258,709 | — | £18,047,325 | £20,298,801 | |
| Operating profit | — | £1,442,918 | £1,305,583 | — | £1,290,457 | £2,062,195 | |
| Profit before tax | — | £1,444,731 | £1,300,187 | £1,616,158 | £1,282,933 | £2,072,672 | |
| Net profit | — | £1,169,662 | £1,116,179 | £1,529,799 | £1,057,333 | £1,652,452 | |
| Cash | — | £1,265,105 | £1,822,821 | £1,081,944 | £1,353,285 | £871,287 | |
| Total assets less current liabilities | — | £4,163,081 | £4,840,148 | £6,209,750 | £6,521,447 | £7,325,448 | |
| Net assets | — | £4,069,453 | £4,585,632 | £5,635,671 | £6,093,004 | £6,995,456 | |
| Equity | £3,499,791 | £4,069,453 | £4,585,632 | £5,635,671 | £6,093,004 | £6,995,456 | |
| Average employees | — | 39 | 41 | 38 | 44 | 42 | |
| Wages | — | £1,192,595 | £1,420,501 | £1,664,617 | £1,788,205 | £2,188,287 | |
| Directors' remuneration | — | £118,218 | £271,525 | £297,846 | £313,458 | £398,813 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-09-30
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 12.9% | 10.7% | — | 7.2% | 10.2% | |
| Net margin | — | 10.4% | 9.1% | — | 5.9% | 8.1% | |
| Return on capital employed | — | 34.7% | 27.0% | — | 19.8% | 28.2% | |
| Current ratio | — | — | — | — | 1.75x | 1.68x | |
| Interest cover | — | — | 241.95x | — | 75.68x | 96.01x |
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 1 time since incorporation
- WRAPEX LIMITED 1994-12-13 → present
- OVAL (953) LIMITED 1994-10-20 → 1994-12-13
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “During the 15 month period ended 31 December 2024, Wrapex Limited recognised turnover of £20.3m which compares to £18.Im for the year ended 30 September 2023. The increase is due to the change in accounting period to align with Group.”
- “The business has continued to make investments in sales & marketing to support new product development and sustainability initiatives. This includes the launch of the UK manufactured, Speedwrap dispensing system to drive long term profitable growth.”
- “Ordinary dividends were paid amounting to £750,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARRY, Joseph Richard Hainsworth | Director | 2021-07-07 | Apr 1964 | British |
| CROWLEY, Jonathan | Director | 2024-01-18 | Sep 1981 | British |
| SCHMIDT-CHIARI, Stanislaus Eduard | Director | 2020-03-10 | Apr 1984 | Austrian |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NEW, Graham James | Secretary | 1995-01-03 | 2015-10-29 |
| OVALSEC LIMITED | Corporate Nominee Secretary | 1994-10-20 | 1995-01-03 |
| CANTLEY, Stewart George | Director | 2020-03-10 | 2024-03-31 |
| NEW, Graham James | Director | 1994-12-02 | 2015-10-29 |
| NEW, Odette | Director | 1997-05-26 | 1997-10-21 |
| SCOON, Nicholas Jeremy | Director | 1995-01-03 | 2021-10-09 |
| WALKER, David Samuel | Director | 2006-04-01 | 2010-05-14 |
| OVAL NOMINEES LIMITED | Corporate Nominee Director | 1994-10-20 | 1994-12-02 |
| OVALSEC LIMITED | Corporate Nominee Director | 1994-10-20 | 1994-12-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Nick Scoon | Individual | Significant influence, significant-influence-or-control-as-firm | 2016-04-06 | Ceased 2020-03-10 |
| Prowrap Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, voting-rights-75-to-100-percent-as-firm, Appoints directors, significant-influence-or-control-as-firm | 2016-04-06 | Active |
Filing timeline
Last 20 of 140 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-03-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-18 | AA | accounts | Accounts with accounts type full | |
| 2024-04-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-01 | AA01 | accounts | Change account reference date company current extended | |
| 2024-01-29 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-01 | AA | accounts | Accounts with accounts type full | |
| 2022-10-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-23 | AA | accounts | Accounts with accounts type full | |
| 2021-10-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-15 | TM01 | officers | Termination director company with name termination date | |
| 2021-07-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-07-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-07-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.