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Cash

£452k

-72.7% vs 2023

Net assets

£2.1m

-3.9% vs 2023

Employees

40

-7% vs 2023

Profit before tax

-£499k

-28,210.6% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Latest accounts filed cover 2025-12-31; financial figures currently reflect up to 2024-12-31.

Metric Trend 2023-12-312024-12-31 Δ vs prior
Turnover £17,030,316£12,318,474 -27.7%
Operating profit -£1,762-£487,690 -27,578.2%
Profit before tax -£1,762-£498,832 -28,210.6%
Net profit £3,542-£393,369 -11,205.8%
Cash £1,654,515£452,442 -72.7%
Total assets less current liabilities £2,294,158£2,192,257 -4.4%
Net assets £2,221,091£2,134,218 -3.9%
Equity £2,221,091£2,134,218 -3.9%
Average employees 4340 -7%
Wages £1,540,586£1,286,704 -16.5%
Directors' remuneration £0£3,750 —
Directors' pension contributions £0£0 —

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 2023-12-312024-12-31
Operating margin -0.0%-4.0%
Net margin 0.0%-3.2%
Return on capital employed -0.1%-22.2%
Gearing (liabilities / total assets) 58.1%64.3%
Current ratio 1.61x1.39x
Interest cover —-43.77x

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.

People

6 active · 8 resigned

Name Role Appointed Born Nationality
EASTWOOD, Matthew James Director 2026-05-21 Apr 1972 British
JONES, Shane Lee Director 2026-05-21 Apr 1974 British
LAVELLE, Paul Director 2024-10-03 Sep 1969 British
RICHARDSON, Anthony John Director 2026-05-21 Sep 1976 British
SHACKLETON, Lee Andrew Director 2026-05-21 Mar 1971 British
WHITTAKER, Roger Jonathan Director 2026-05-21 Jul 1975 British
Show 8 resigned officers
Name Role Appointed Resigned
CARVER, Andrew Mervyn Director 2011-08-23 2013-09-26
EKBERG, David Mats Director 2023-01-05 2023-12-01
LAMB, Douglas Kirk Director 2011-03-15 2016-10-11
LAVELLE, Paul Director 2011-08-23 2023-01-05
MUHONEN, Sami Petteri Director 2023-01-05 2024-10-03
PROTHEROE, David James Royan Director 2011-03-15 2016-10-11
SMIT, Adrianus Gerhardus Johannes Director 2023-01-25 2023-12-01
WAARDELOO, Sabrina Pamela Director 2023-12-01 2024-10-03

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
S.Sheard & Son Limited Corporate entity Shares 25–50%, Voting 25–50% 2026-05-21 Active
Lavelle Corrugated Ltd Corporate entity Shares 25–50%, Voting 25–50% 2024-10-03 Active
Stora Enso Oyj Corporate entity Shares 75–100%, Voting 75–100% 2023-01-06 Ceased 2024-10-03
Djv Holding B.V. Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-04-24 Ceased 2023-01-06
Mr Paul Lavelle Individual Shares 75–100% 2016-04-06 Ceased 2020-04-24

Filing timeline

Last 20 of 96 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-06-18 RESOLUTIONS Resolution
  • 2026-06-18 MA Memorandum articles
Date Type Category Description
2026-09-15 AA accounts Accounts with accounts type medium
2026-09-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-07-07 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-07-06 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-06-18 RESOLUTIONS resolution Resolution
2026-06-18 MA incorporation Memorandum articles
2026-06-04 SH01 capital Capital allotment shares PDF
2026-06-04 PSC05 persons-with-significant-control Change to a person with significant control PDF
2026-06-04 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2026-06-04 AP01 officers Appoint person director company with name date PDF
2026-06-04 AP01 officers Appoint person director company with name date PDF
2026-06-04 AP01 officers Appoint person director company with name date PDF
2026-06-04 AP01 officers Appoint person director company with name date PDF
2026-06-04 AP01 officers Appoint person director company with name date PDF
2026-03-02 CS01 confirmation-statement Confirmation statement with updates PDF
2025-09-22 AA accounts Accounts with accounts type full
2025-02-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-09 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-10-03 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2024-10-03 PSC07 persons-with-significant-control Cessation of a person with significant control PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
15

last 12 months

Capital events
1

last 24 months

Officers appointed
5

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