THE WOOL PACKAGING COMPANY LTD
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Next accounts due
2027-02-28 (in 9mo)
Last filed for 2025-05-31
Confirmation statement due
2027-03-17 (in 10mo)
Last made up 2026-03-03
Watchouts
None on the register
Cash
£443K
-4.6% vs 2024
Net assets
£1M
+7% highest in 6 filed years
Employees
67
+11.7% highest in 6 filed years
Profit before tax
£1M
+67.1% highest in 3 filed years
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2025-05-31
| Metric | Trend | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £12,746,686 | £16,481,304 | |
| Operating profit | — | — | — | — | £625,643 | £1,044,544 | |
| Profit before tax | — | — | — | £313,231 | £622,561 | £1,040,564 | |
| Net profit | — | — | — | £279,853 | £479,463 | £772,613 | |
| Cash | £731,132 | £855,992 | £321,514 | £234,939 | £464,199 | £442,853 | |
| Total assets less current liabilities | £922,206 | £1,313,271 | £1,280,854 | £1,287,537 | £1,326,053 | £1,420,097 | |
| Net assets | £852,913 | £1,270,853 | £1,227,649 | £1,255,234 | £1,254,697 | £1,342,310 | |
| Equity | £852,913 | £1,270,853 | £1,227,649 | £1,255,234 | £1,254,697 | £1,342,310 | |
| Average employees | 38 | 49 | 57 | 57 | 60 | 67 | |
| Wages | — | — | — | £1,344,643 | £1,526,892 | £1,814,122 | |
| Directors' remuneration | — | — | — | £33,335 | £63,595 | £73,900 |
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 → FY2025 · period ending 2025-05-31 vs 2024-05-31
-
Turnover
+29.3%
£12,746,686 £16,481,304
-
Cash
-4.6%
£464,199 £442,853
-
Net assets
+7%
£1,254,697 £1,342,310
highest in 6 filed years
-
Employees
+11.7%
60 67
highest in 6 filed years
-
Operating profit
+67%
£625,643 £1,044,544
-
Profit before tax
+67.1%
£622,561 £1,040,564
highest in 3 filed years
-
Wages
+18.8%
£1,526,892 £1,814,122
highest in 3 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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 4.9% | 6.3% | |
| Net margin | — | — | — | — | 3.8% | 4.7% | |
| Return on capital employed | — | — | — | — | 47.2% | 73.6% | |
| Gearing (liabilities / total assets) | — | — | — | — | 64.4% | 65.1% | |
| Current ratio | — | — | — | — | 1.41x | 1.36x | |
| Interest cover | — | — | — | — | 160.46x | 180.25x |
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
- DJH Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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
- “Growth in turnover of 29.3% - Driven by organic growth of e-commerce in the food sector, the ongoing increase in our expansion into the Pharma Sector, and our growth into international markets.”
- “Global Expansion we continue to see an upwards trajectory and significant increase in our export activity, with new territories and opportunities unlocked regularly.”
- “Gross profit margin remained consistent with the prior year of 18.04% (2024: 18.19%) despite the continuation of increased material costs.”
- “At the balance sheet date, net assets have seen a increase at the year-end increasing by £88k to £1.34m (2024: £1.26m).”
- “R&D Facility - This year has seen extra investment into our R&D facility to facilitate our further plans for this area going into 2026.”
- “Pallet cover launch - 2024-2025 saw the official unveiling to Big Pharma of FreightGUARDIAN, an insulative and protective cover for larger freight items.”
- “Consumer products - several potential product opportunities undergoing feasibility studies.”
- “Pharmaceutical developments Our LifeGUARDIAN project is close to launch.”
- “Scientific partnership working closely with expert partners to further understand our material.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MORRIS, Angela Frances | Director | 2009-05-08 | Jul 1956 | British |
| MORRIS, Josepha Hannah | Director | 2014-12-08 | Feb 1987 | British |
| SPILSBURY, David Keith | Director | 2011-06-17 | Jun 1953 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANSELL, Mark Picton | Director | 2011-11-01 | 2013-05-02 |
| KELLY, Sean Stephen, Dr | Director | 2009-05-08 | 2009-05-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Wool Packaging Company (Holdings) Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 95 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-01-13 MA Memorandum articles
- 2023-01-13 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-20 | CH01 | officers | Change person director company with change date | |
| 2026-04-20 | CH01 | officers | Change person director company with change date | |
| 2026-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-20 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-19 | CH01 | officers | Change person director company with change date | |
| 2026-02-19 | CH01 | officers | Change person director company with change date | |
| 2025-10-31 | AA | accounts | Accounts with accounts type full | |
| 2025-03-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-03-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-02-18 | AA | accounts | Accounts with accounts type full | |
| 2024-03-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-19 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-03-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-13 | MA | incorporation | Memorandum articles | |
| 2023-01-13 | RESOLUTIONS | resolution | Resolution | |
| 2023-01-11 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-12-16 | AD02 | address | Change sail address company with old address new address | |
| 2022-05-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-25 | AD02 | address | Change sail address company with old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.