PACKAGING ENVIRONMENTAL LIMITED
Get an alert when PACKAGING ENVIRONMENTAL LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-07 (in 2mo)
Last made up 2025-06-23
Watchouts
Cash
—
Latest balance sheet
Net assets
£5M
highest in 6 filed years
Employees
14
Average over period
Profit before tax
£155K
lowest in 4 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
Packaging Environmental Limited has therefore become a dormant legal entity and as such the accounts have been prepared on a basis other than going concern. We draw attention to note 2.2 in the financial statements, which indicates that the company has ceased trading and the directors therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
9-year trend · vs Consumer Discretionary median
Accounts
9-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-04-30 | 2021-04-30 | 2021-05-01 | 2022-04-30 | 2022-05-01 | 2023-04-30 | 2023-05-01 | 2024-04-30 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £14,585,982 | — | £15,061,327 | — | £12,398,379 | £5,027,863 | |
| Operating profit | — | — | — | £416,504 | — | £2,046,627 | — | £1,007,876 | £162,775 | |
| Profit before tax | — | — | — | £380,399 | — | £1,989,806 | — | £985,600 | £155,132 | |
| Net profit | — | — | — | £312,127 | — | £1,578,892 | — | £762,079 | £113,666 | |
| Cash | £221,047 | £554,330 | £554,330 | £588,325 | £588,325 | £1,103,457 | £1,103,457 | £2,118,859 | — | |
| Total assets less current liabilities | £1,862,306 | £2,702,342 | — | £2,977,292 | — | £4,518,855 | — | £5,176,767 | £5,250,718 | |
| Net assets | £1,846,877 | £2,483,954 | — | £2,796,081 | — | £4,374,973 | — | £5,137,052 | £5,250,718 | |
| Equity | £1,846,877 | £2,483,954 | £2,483,954 | £2,796,081 | £2,796,081 | £4,374,973 | £4,374,973 | £5,137,052 | £5,250,718 | |
| Average employees | 8 | 10 | — | 14 | — | 16 | — | 17 | 14 | |
| Wages | — | — | — | £543,826 | — | £758,920 | — | £859,085 | £222,263 | |
| Directors' remuneration | — | — | — | £184,930 | — | £214,335 | — | £245,253 | £17,501 |
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
FY2024 → FY2024 · period ending 2024-12-31 vs 2024-04-30
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-04-30 | 2021-04-30 | 2021-05-01 | 2022-04-30 | 2022-05-01 | 2023-04-30 | 2023-05-01 | 2024-04-30 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 2.9% | — | 13.6% | — | 8.1% | 3.2% | |
| Net margin | — | — | — | 2.1% | — | 10.5% | — | 6.1% | 2.3% | |
| Return on capital employed | — | — | — | 14.0% | — | 45.3% | — | 19.5% | 3.1% | |
| Current ratio | — | — | — | — | — | — | — | 4.15x | — | |
| Interest cover | — | — | — | 11.54x | — | 36.02x | — | 45.24x | 21.30x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- TWP Accounting LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Packaging Environmental Limited has therefore become a dormant legal entity and as such the accounts have been prepared on a basis other than going concern. We draw attention to note 2.2 in the financial statements, which indicates that the company has ceased trading and the directors therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “On 12 June 2024, the entire issued share capital of the Company was sold to Bunzi Holding LCE Limited, a wholly-owned subsidiary of Bunzl plc.”
- “The Company subsequently ceased trading on 28 September 2024 and, on the same date, transferred all of its assets, liabilities and trade to Bunzl UK Limited, another wholly-owned subsidiary of Bunzl plc, in exchange for an inter-company asset.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRINKWORTH-BELL, Laura Michelle | Secretary | 2025-09-01 | — | — |
| HILL, Laurence Walter | Director | 2024-06-12 | Oct 1980 | British |
| NORRIS, Steven Robert | Director | 2024-06-12 | Sep 1979 | British |
| STOKES, Dale David | Director | 2024-06-12 | Aug 1978 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JEFFERIES, Suzanne Isabel | Secretary | 2024-06-12 | 2025-09-01 |
| PATEL, Devesh | Secretary | 2007-11-15 | 2014-01-31 |
| SHAH, Yashovardhan | Secretary | 2007-05-14 | 2007-11-15 |
| SHAH, Indrajit | Director | 2007-05-14 | 2024-06-12 |
| SHAH, Yashovardhan | Director | 2015-09-04 | 2024-06-12 |
| SHAH, Yashovardhan | Director | 2007-05-14 | 2007-11-15 |
| WISPVILLE LIMITED | Corporate Director | 2015-09-04 | 2024-06-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bunzl Holding Lce Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-06-12 | Active |
| Mr Indrajit Shah | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2024-06-12 |
| Wispville Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2024-06-12 |
Filing timeline
Last 20 of 92 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-07-01 RESOLUTIONS Resolution
- 2024-07-01 MA Memorandum articles
- 2024-06-21 RESOLUTIONS Resolution
- 2024-06-21 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-11 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-08-22 | AA | accounts | Accounts with accounts type full | |
| 2025-07-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-02 | AA | accounts | Accounts with accounts type full | |
| 2024-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-01 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-01 | MA | incorporation | Memorandum articles | |
| 2024-06-21 | AA01 | accounts | Change account reference date company current shortened | |
| 2024-06-21 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-06-21 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-21 | MA | incorporation | Memorandum articles | |
| 2024-06-21 | SH08 | capital | Capital name of class of shares | |
| 2024-06-21 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-06-19 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-06-19 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-06-19 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-06-19 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-06-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-19 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 1
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.