HUHTAMAKI (LURGAN) LIMITED
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Cash
—
Latest balance sheet
Net assets
£41m
-4.1% vs 2024
Employees
284
-1.4% vs 2024
Profit before tax
£1.8m
-82% lowest in 4 filed years
Net assets
4-year trend · vs Basic Materials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £50,098,000 | £55,312,000 | £60,920,000 | £73,158,000 | +20.1% | |
| Operating profit | £5,040,000 | £6,707,000 | £9,729,000 | £1,657,000 | -83% | |
| Profit before tax | £5,252,000 | £3,851,000 | £9,841,000 | £1,773,000 | -82% | |
| Net profit | — | -£1,041,000 | £7,117,000 | -£1,761,000 | -124.7% | |
| Cash | £16,867,000 | £11,940,000 | — | — | — | |
| Total assets less current liabilities | £44,473,000 | £46,104,000 | £51,162,000 | £50,810,000 | -0.7% | |
| Net assets | £37,163,000 | £36,122,000 | £43,239,000 | £41,478,000 | -4.1% | |
| Equity | £37,163,000 | £36,122,000 | £43,239,000 | £41,478,000 | -4.1% | |
| Average employees | 281 | 272 | 288 | 284 | -1.4% | |
| Wages | — | £11,605,000 | £12,274,000 | £13,474,000 | +9.8% | |
| Directors' remuneration | — | £294,000 | £287,000 | £223,000 | -22.3% | |
| Directors' pension contributions | — | £42,000 | £47,000 | £77,000 | +63.8% | |
| Highest paid director | — | £199,000 | £194,000 | £129,000 | -33.5% |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | 10.1% | 12.1% | 16.0% | 2.3% | |
| Net margin | — | -1.9% | 11.7% | -2.4% | |
| Return on capital employed | 11.3% | 14.5% | 19.0% | 3.3% | |
| Gearing (liabilities / total assets) | 31.9% | 43.2% | 40.8% | 42.8% | |
| Current ratio | — | 1.47x | 1.09x | 1.44x | |
| Interest cover | 96.92x | 2.32x | — | 25.89x |
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 4 times since incorporation
- HUHTAMAKI (LURGAN) LIMITED 2001-06-12 → present
- VAN LEER (NI) LIMITED 2000-01-01 → 2001-06-12
- LURGAN BOXMAKING COMPANY LIMITED 1999-04-02 → 2000-01-01
- LURGAN FIBRE LIMITED 1985-01-31 → 1999-04-02
- BOXMORE LIMITED 1935-09-11 → 1985-01-31
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have considered the Company's forecasted financial performance and cash flows for the next 12 months which show the Company is expected to continue to be cash generative and able to meet its liabilities as they fall due.”
Group structure
- HUHTAMAKI (LURGAN) LIMITED · parent
- Huhtamaki (Lisburn) Limited 100%
Significant events
- “The company recorded an exceptional item of £12,091k in relation to the impairment of our Smooth Moulded Fiber Lids production facility and equipment.”
- “In June 2026, the Company agreed to purchase the property from its landlord pursuant to the purchase option included in the lease agreement.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BYRNE, Sharon Marie | Secretary | 2020-12-31 | — | — |
| KUUSIKOSKI, Leena Tellervo | Director | 2020-12-31 | Dec 1976 | Finnish |
| LOSCO, Franck Christian Bruno | Director | 2020-12-31 | Dec 1979 | French |
| WHELAN, Eamonn Thomas | Director | 2026-02-17 | Apr 1970 | Irish |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COULTER, Stephen Brian David | Secretary | 2011-03-22 | 2014-04-08 |
| ESMANN, Joan Teresa | Secretary | 2014-04-08 | 2018-02-07 |
| JAMES, Mark Alan | Secretary | 1935-09-11 | 2009-01-30 |
| LOSCO, Franck Christian Bruno | Secretary | 2018-02-19 | 2020-12-31 |
| MCMULLAN, Colin | Secretary | 2009-01-30 | 2011-02-10 |
| BETBEDER, Christian | Director | 1935-09-11 | 2001-03-23 |
| CHAPMAN, Stephen | Director | 1935-09-11 | 2006-11-01 |
| COULTER, Stephen Brian David | Director | 2018-08-27 | 2020-12-31 |
| DOMIN, Petr | Director | 2015-11-13 | 2018-08-27 |
| DOMIN, Petr | Director | 2006-11-01 | 2011-01-25 |
| FEENSTRA, Simon Sytze | Director | 1935-09-11 | 2001-03-23 |
| IITTI, Tarja Tuulikki | Director | 2013-07-19 | 2020-12-31 |
| KOPONEN, Olli Pertti | Director | 2005-12-15 | 2015-10-22 |
| KOTTONEN, Hannu | Director | 2001-12-05 | 2004-01-01 |
| SALONEN, Timo Veikko | Director | 2001-03-23 | 2013-07-19 |
| SMITH, Richard Anthony Clement | Director | 2016-08-08 | 2026-02-17 |
| WAHSNER, Peter | Director | 2004-12-01 | 2005-12-15 |
| WOODWARD, Charles Edwin | Director | 2001-03-23 | 2001-12-05 |
| WOOLSEY, Philip | Director | 2010-03-24 | 2016-06-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Huhtamaki Ltd | Corporate entity | Shares 75–100% | 2017-03-14 | Active |
Filing timeline
Last 20 of 305 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-13 | AA | accounts | Accounts with accounts type full | |
| 2026-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-23 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-24 | AA | accounts | Accounts with accounts type full | |
| 2025-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-17 | AAMD | accounts | Accounts amended with accounts type full | |
| 2024-10-04 | AAMD | accounts | Accounts amended with accounts type full | |
| 2024-09-24 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2023-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-30 | AA | accounts | Accounts with accounts type full | |
| 2022-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-05 | DISS40 | gazette | Gazette filings brought up to date | |
| 2022-03-04 | AA | accounts | Accounts with accounts type full | |
| 2022-03-01 | GAZ1 | gazette | Gazette notice compulsory | |
| 2021-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-01 | AA | accounts | Accounts with accounts type full | |
| 2021-01-04 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- 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.