Active

PACKAGING FIRST LIMITED Financials

Company number
03838039Copy
Copy
Registered office
Unit12 Nash Hall, The Street, High Ongar, Essex CM5 9NL
Incorporated
08/09/1999

Company snapshot

Status
Active
Employees
8 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£1.09M2024
26.63%vs 2023

2023: £860.99K

Total Assets

£1.73M2024
15.71%vs 2023

2023: £1.50M

Cash in Bank

£624.94K2024
14.05%vs 2023

2023: £547.95K

Total Liabilities

£641.31K2024
0.91%vs 2023

2023: £635.51K

Employees

82024
0vs 2023

2023: 8

In 2024, PACKAGING FIRST LIMITED reported net assets of £1.09M. The same filing shows total assets of £1.73M, cash in bank of £624.94K and total liabilities of £641.31K. Reported headcount was 8 in 2024. Total Assets rose from £1.50M in 2023 to £1.73M in 2024 (15.71%). Okredo holds filed figures for 2021–2024; 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

£1.09M2024
26.63%from £860.99K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures PACKAGING FIRST LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£788.32K2022£1.09M2024
+38.3%vs 2022

+17.6% a year compound (CAGR)

Cash in Bank

£800.88K2022£624.94K2024
-22%vs 2022

-11.7% a year compound (CAGR)

Total Assets

£1.78M2022£1.73M2024
-2.9%vs 2022

-1.5% a year compound (CAGR)

Total Liabilities

£990.88K2022£641.31K2024
-35.3%vs 2022

-19.6% a year compound (CAGR)

Employees

0202282024
Increasedvs 2022+8

Biggest increase

Net Assets+38.3%

£788.32K in 2022 to £1.09M in 2024

Biggest decrease

Total Liabilities-35.3%

£990.88K in 2022 to £641.31K in 2024

PACKAGING FIRST LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PACKAGING FIRST LIMITED'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
62.96%2024
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
37.04%2024
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
97.45%2024
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
36.09%2024
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 PACKAGING FIRST LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£576.21K788.32K860.99K1.09M
Total Assets£1.28M1.78M1.50M1.73M
Cash in Bank£471.82K800.88K547.95K624.94K
Total Liabilities£704.98K990.88K635.51K641.31K
Employees5088

PACKAGING FIRST LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PACKAGING FIRST LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

PACKAGING FIRST LIMITED reported net assets of £1.09M for 2024. That compares with £860.99K in 2023, a change of 26.63%.

PACKAGING FIRST LIMITED reported total assets of £1.73M for 2024. That compares with £1.50M in 2023, a change of 15.71%.

PACKAGING FIRST LIMITED reported cash in bank of £624.94K for 2024. That compares with £547.95K in 2023, a change of 14.05%.

PACKAGING FIRST LIMITED reported 8 employees in 2024, compared with 8 in 2023.

Between 2022 and 2024, PACKAGING FIRST LIMITED's net assets rose by 38.3%, cash in bank fell by 22%, total assets fell by 2.9% and total liabilities fell by 35.3%. Net assets compounded at 17.6% a year across the two years to 2024, from £788.32K to £1.09M. Reported headcount went from 0 in 2022 to 8 in 2024 (+8).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.