FOUR04 PACKAGING LIMITED

• ⚠

  Material uncertainty over going concern

  As mentioned in the future developments section above, the Directors intend to wind down and liquidate the Company after the reporting date and, therefore, do not consider it to be appropriate to adopt the going concern basis of accounting in preparing these financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern. Based on the business strategic decision made by the Directors, Four04 Packaging Limited will cease to trade from the early part of 2026.

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

• Turnover

  -95%

  £27,876,000 → £1,380,000

  lowest in 4 filed years

• Cash

  -66.5%

  £1,009,000 → £338,000

• Net assets

  -65.4%

  £2,246,000 → £778,000

  lowest in 4 filed years

• Employees

  -85.8%

  134 → 19

  lowest in 4 filed years

• Operating profit

  +76.6%

  -£5,630,000 → -£1,316,000

• Profit before tax

  +76.3%

  -£5,967,000 → -£1,414,000

• Wages

  -89.1%

  £5,384,000 → £589,000

  lowest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As mentioned in the future developments section above, the Directors intend to wind down and liquidate the Company after the reporting date and, therefore, do not consider it to be appropriate to adopt the going concern basis of accounting in preparing these financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern. Based on the business strategic decision made by the Directors, Four04 Packaging Limited will cease to trade from the early part of 2026.”

Group structure

1. FOUR04 PACKAGING LIMITED · parent
   1. Polyprint Mailing Films Limited 100% · UK

Significant events

• “Closure of Norwich manufacturing facility in December 2023. Company acted as an agent under IFRS15 for 2024-2025. Directors decided Four04 Packaging Limited will cease to trade from early 2026, transferring operations to other Coveris Group companies.”

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

Filings

5

last 12 months

Capital events

3

last 24 months

Officers appointed

1

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.