LAUNCESTON PACKAGING SERVICES LTD Financials
- Company number
- 07438087CopyCopy
- Registered office
- Unit 1d Quarry Crescent Unit 1d Quarry Crescent, Pennygillam Industrial Estate, Launceston PL15 7PF
- Incorporated
- 12/11/2010
Company snapshot
- Status
- Active
- Employees
- 2 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-87.46%vs 20242024: £15.38K
Total Assets
-52.34%vs 20242024: £24.86K
Cash in Bank
-53.31%vs 20212021: £19.41K
Total Liabilities
-14.16%vs 20242024: £9.47K
Employees
0vs 20242024: 2
In 2025, LAUNCESTON PACKAGING SERVICES LTD reported net assets of £1.93K. The same filing shows total assets of £11.85K, cash in bank of £9.06K and total liabilities of £8.13K. Reported headcount was 2 in 2025. Net Assets fell from £15.38K in 2024 to £1.93K in 2025 (-87.46%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-87.46%from £15.38K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures LAUNCESTON PACKAGING SERVICES LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-90.1%vs 2023-68.6% a year compound (CAGR)
Total Assets
-63.7%vs 2023-39.8% a year compound (CAGR)
Employees
-33.3%vs 2023-1Biggest decrease
Net Assets-90.1%
£19.57K in 2023 to £1.93K in 2025
Every indicator Okredo holds for LAUNCESTON PACKAGING SERVICES LTD fell between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LAUNCESTON PACKAGING SERVICES LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 16.28%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 68.64%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 52.19%2022
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 27.54%2022
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for LAUNCESTON PACKAGING SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 13.95K | 15.54K | 19.57K | 15.38K | 1.93K |
| Total Assets£ | 47.56K | 32.90K | 32.66K | 24.86K | 11.85K |
| Cash in Bank£ | 19.41K | 9.06K | – | – | – |
| Total Liabilities£ | 33.62K | 17.36K | – | 9.47K | 8.13K |
| Employees | 5 | 5 | 3 | 2 | 2 |
LAUNCESTON PACKAGING SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LAUNCESTON PACKAGING SERVICES LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
LAUNCESTON PACKAGING SERVICES LTD reported net assets of £1.93K for 2025. That compares with £15.38K in 2024, a change of -87.46%.
LAUNCESTON PACKAGING SERVICES LTD reported total assets of £11.85K for 2025. That compares with £24.86K in 2024, a change of -52.34%.
LAUNCESTON PACKAGING SERVICES LTD reported cash in bank of £9.06K for 2022. That compares with £19.41K in 2021, a change of -53.31%.
LAUNCESTON PACKAGING SERVICES LTD reported 2 employees in 2025, compared with 2 in 2024.
Between 2023 and 2025, LAUNCESTON PACKAGING SERVICES LTD's net assets fell by 90.1%, total assets fell by 63.7% and employee numbers fell by 33.3%. Net assets contracted at 68.6% a year across the two years to 2025, from £19.57K to £1.93K. Reported headcount went from 3 in 2023 to 2 in 2025 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.