PAPER BAG CO (SOUTH WEST) LTD Financials
- Company number
- 09455599CopyCopy
- Registered office
- Unit 6 Woodlands Industrial Estate, Eden Vale Road, Westbury, Wiltshire BA13 3QS
- Incorporated
- 24/02/2015
Company snapshot
- Status
- Active
- Employees
- 24 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-78.56%vs 20222022: £1.08M
Total Assets
-61.19%vs 20212021: £4.85M
Cash in Bank
-75.91%vs 20222022: £1.16M
Total Liabilities
-80.43%vs 20212021: £4.09M
Employees
+3vs 20222022: 21
In 2023, PAPER BAG CO (SOUTH WEST) LTD reported net assets of £231.96K. The same filing shows total assets of £1.88M, cash in bank of £278.91K and total liabilities of £800.56K. Reported headcount was 24 in 2023. Total Liabilities fell from £4.09M in 2021 to £800.56K in 2022 (-80.43%). Okredo holds filed figures for 2021–2023; 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
-78.56%from £1.08M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures PAPER BAG CO (SOUTH WEST) LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-69.4%vs 2021-44.7% a year compound (CAGR)
Cash in Bank
-48.3%vs 2021-28.1% a year compound (CAGR)
Employees
+14.3%vs 2021+3Biggest increase
Employees+14.3%
21 in 2021 to 24 in 2023
Biggest decrease
Net Assets-69.4%
£759.08K in 2021 to £231.96K in 2023
PAPER BAG CO (SOUTH WEST) LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, 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 PAPER BAG CO (SOUTH WEST) 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
- 57.48%2022
- 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
- 42.52%2022
- 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
- 144.64%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
- 61.50%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 PAPER BAG CO (SOUTH WEST) LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 759.08K | 1.08M | 231.96K |
| Total Assets£ | 4.85M | 1.88M | – |
| Cash in Bank£ | 539.08K | 1.16M | 278.91K |
| Total Liabilities£ | 4.09M | 800.56K | – |
| Employees | 21 | 21 | 24 |
PAPER BAG CO (SOUTH WEST) LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PAPER BAG CO (SOUTH WEST) LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
PAPER BAG CO (SOUTH WEST) LTD reported net assets of £231.96K for 2023. That compares with £1.08M in 2022, a change of -78.56%.
PAPER BAG CO (SOUTH WEST) LTD reported total assets of £1.88M for 2022. That compares with £4.85M in 2021, a change of -61.19%.
PAPER BAG CO (SOUTH WEST) LTD reported cash in bank of £278.91K for 2023. That compares with £1.16M in 2022, a change of -75.91%.
PAPER BAG CO (SOUTH WEST) LTD reported 24 employees in 2023, compared with 21 in 2022.
Between 2021 and 2023, PAPER BAG CO (SOUTH WEST) LTD's net assets fell by 69.4%, cash in bank fell by 48.3% and employee numbers rose by 14.3%. Net assets contracted at 44.7% a year across the two years to 2023, from £759.08K to £231.96K. Reported headcount went from 21 in 2021 to 24 in 2023 (+3).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.