PACKAGING PRODUCTS (COATINGS) LTD Financials
- Company number
- 02480123CopyCopy
- Registered office
- Little Green Works Collyhurst Road, Collyhurst, Manchester M40 7RT
- Incorporated
- 13/03/1990
Company snapshot
- Status
- Active
- Employees
- 29 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
6.36%vs 20232023: £1.94M
Total Assets
-6.80%vs 20232023: £3.96M
Cash in Bank
-4.37%vs 20232023: £1.29M
Total Liabilities
-19.46%vs 20232023: £2.02M
Employees
-3vs 20232023: 32
In 2024, PACKAGING PRODUCTS (COATINGS) LTD reported net assets of £2.07M. The same filing shows total assets of £3.69M, cash in bank of £1.23M and total liabilities of £1.63M. Reported headcount was 29 in 2024. Total Liabilities fell from £2.02M in 2023 to £1.63M in 2024 (-19.46%). Okredo holds filed figures for 2022–2024; 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
6.36%from £1.94M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures PACKAGING PRODUCTS (COATINGS) LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-3.5%vs 2022-1.8% a year compound (CAGR)
Cash in Bank
+39.2%vs 2022+18% a year compound (CAGR)
Total Assets
+3.1%vs 2022+1.5% a year compound (CAGR)
Total Liabilities
+13%vs 2022+6.3% a year compound (CAGR)
Employees
-3.3%vs 2022-1Biggest increase
Cash in Bank+39.2%
£883.56K in 2022 to £1.23M in 2024
Biggest decrease
Net Assets-3.5%
£2.14M in 2022 to £2.07M in 2024
PACKAGING PRODUCTS (COATINGS) LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PACKAGING PRODUCTS (COATINGS) 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
- 55.94%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
- 44.06%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
- 75.60%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
- 33.31%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 PRODUCTS (COATINGS) LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 2.14M | 1.94M | 2.07M |
| Total Assets£ | 3.58M | 3.96M | 3.69M |
| Cash in Bank£ | 883.56K | 1.29M | 1.23M |
| Total Liabilities£ | 1.44M | 2.02M | 1.63M |
| Employees | 30 | 32 | 29 |
PACKAGING PRODUCTS (COATINGS) LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PACKAGING PRODUCTS (COATINGS) LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
PACKAGING PRODUCTS (COATINGS) LTD reported net assets of £2.07M for 2024. That compares with £1.94M in 2023, a change of 6.36%.
PACKAGING PRODUCTS (COATINGS) LTD reported total assets of £3.69M for 2024. That compares with £3.96M in 2023, a change of -6.80%.
PACKAGING PRODUCTS (COATINGS) LTD reported cash in bank of £1.23M for 2024. That compares with £1.29M in 2023, a change of -4.37%.
PACKAGING PRODUCTS (COATINGS) LTD reported 29 employees in 2024, compared with 32 in 2023.
Between 2022 and 2024, PACKAGING PRODUCTS (COATINGS) LTD's net assets fell by 3.5%, cash in bank rose by 39.2%, total assets rose by 3.1% and total liabilities rose by 13%. Net assets contracted at 1.8% a year across the two years to 2024, from £2.14M to £2.07M. Reported headcount went from 30 in 2022 to 29 in 2024 (-1).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.