COVERIS FLEXIBLES (GAINSBOROUGH) UK LIMITED

HOLLAND PLACE WARDENTREE PARK, PINCHBECK, SPALDING, LINCOLNSHIRE, PE11 3ZN

Previous name: PARAGON FLEXIBLE PACKAGING LIMITED (changed on 14-Feb-2014)

Company Number: 04786458
Incorporation date: 04-Jun-2003
Status: Active
Entity type: Private Limited Company

SIC codes:
22220 Manufacture of plastic packing goods





SUMMARY

This company is 21.4 years old and is currently active. It is controlled by Coveris Flexibles Holdings Uk Limited. Retained earnings is negative (GBP -66 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 4 active officers (directors or partners) who are or were officers of 1 other company. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2025
Accounts Filed: FULL (31-Dec-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2018 GBP -10,793,000 246,000 10,570,000
31-Dec-2017 GBP 183,655,000 831,000 10,626,000 -9,093,000
31-Dec-2016 GBP 660,800 6,000 7,000
31-Dec-2015 GBP 356,000 3,231,000 453,000 14,727,000
31-Dec-2014 GBP 46,179,000 5,006,000 752,000 4,254,000 5,170,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2018 GBP 9,650,400 6,116,600 10,548,600 5,500,000 -66,000
31-Dec-2017 GBP 18,408,000 94,439,000 171,557,000 19,734,000
31-Dec-2016 GBP 9,789,000 53,759,000 27,999,000 27,999,000
31-Dec-2015 GBP 51,961,000 102,069,000 3,719,000 31,719,000
31-Dec-2014 GBP 11,102,000 16,517,000 16,517,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Karl Robert BOSTOCK 18 Oct 2007 31 Mar 2017 Company Director British 3 - 53
Resigned PINSENT MASONS SECRETARIAL LIMITED 18 Oct 2005 31 Dec 2012 457 - 2683
Resigned Andrew Elliott BURGESS 25 May 2004 18 Oct 2007 British 0 - 16
Resigned Anthony Charles LENNON 18 Jun 2003 25 May 2004 Managing Director British 1 - 16

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Joerg WURMITZER 01 May 2024 Finance Director Bu Flexibles Austrian 1 - 00 (0.0%)
Active Steven HINCHLY 01 Nov 2023 Managing Director British 1 - 00 (0.0%)
Active Igor ARBANAS 16 Jan 2023 Bu President Flexibles Austrian 1 - 00 (0.0%)
Active Ian VICKERY 01 Feb 2021 Uk Hr Director British 1 - 10 (0.0%)
Resigned Robert MATTHEWS 24 Nov 2020 18 Apr 2023 Finance Director British 1 - 20 (0.0%)
Resigned Simon HAMER 24 Nov 2020 01 Nov 2023 Managing Director British 1 - 10 (0.0%)
Resigned Ian VICKERY 01 Feb 2020 01 Feb 2020 Uk Hr Director British 1 - 10 (0.0%)
Resigned Martin John DAVIS 09 Jul 2019 18 Apr 2023 Business Unit President - Films British 5 - 20 (0.0%)
Resigned Christian KOLARIK 14 Feb 2019 16 Jan 2023 President Flexibles Austrian 0 - 41 (25.0%)
Resigned Mark DALBY 14 Feb 2019 30 Oct 2020 Accountant British 2 - 30 (0.0%)
Resigned Thomas OTTO 14 Feb 2019 30 Apr 2024 Finance Director Flexibles Austrian 0 - 20 (0.0%)
Resigned Trace Lee NORTON 31 Aug 2017 25 Apr 2019 Sales Director British 0 - 20 (0.0%)
Resigned Trace Lee NORTON 31 Aug 2017 25 Apr 2019 Sales Director British 0 - 30 (0.0%)
Resigned Brian John COLLINS 03 Jul 2017 08 Feb 2019 Finance Director British 0 - 120 (0.0%)
Resigned Brian COLLINS 03 Jul 2017 08 Feb 2019 Finance Director British 0 - 100 (0.0%)
Resigned Gary Edward REHWINKEL 31 May 2017 17 Jun 2019 Director American 0 - 100 (0.0%)
Resigned Jonathan PALLAS 31 Mar 2017 29 Jan 2021 Director British 1 - 140 (0.0%)
Resigned Mark Edward LAPPING 21 May 2013 31 May 2017 None British 2 - 2620 (71.4%)
Resigned Karl Robert BOSTOCK 18 Oct 2007 31 Mar 2017 Company Director British 3 - 5322 (39.3%)
Resigned Ian Richard Batt PARTINGTON 21 Jul 2003 30 Jun 2017 Director British 0 - 107 (70.0%)
Resigned Andrew Richard DIXON 21 Jul 2003 18 Oct 2007 Director British 4 - 105 (35.7%)
Resigned Terrance Martin COX 21 Jul 2003 18 Oct 2007 Director British 0 - 86 (75.0%)
Resigned Andrew Elliott BURGESS 17 Jul 2003 18 Oct 2007 Accountant British 0 - 1610 (62.5%)
Resigned Anthony Charles LENNON 18 Jun 2003 07 Oct 2014 Managing Director British 1 - 1611 (64.7%)
Resigned Dennis PATTERSON 18 Jun 2003 11 Jan 2019 Production Director British 0 - 177 (41.2%)
Resigned EVERSECRETARY LIMITED 04 Jun 2003 18 Jun 2003 0 - 590270 (45.8%)
Resigned EVERDIRECTOR LIMITED 04 Jun 2003 18 Jun 2003 0 - 589242 (41.1%)
Number of active directors: 4
Average tenure of active directors: 1.8 years
Average tenure of resigned directors: 4.3 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
COVERIS FLEXIBLES (GAINSBOROUGH) UK LIMITED (04786458) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-06-042019-06-042016-06-042015-06-042014-06-04
COVERIS FLEXIBLES HOLDINGS UK LIMITEDORDINARY3
100%
2
100%
0
0%
0
0%
0
0%
COVERIS LABELS HOLDINGS UK LIMITEDORDINARY0
0%
0
0%
1
100%
0
0%
0
0%
PARAGON PRINT AND PACKAGING LIMITEDORDINARY0
0%
0
0%
0
0%
1
100%
1
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

COVERIS FLEXIBLES (GAINSBOROUGH) UK LIMITED

no controlled companies

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2024-01-01 2024-06-30 62 44% 65% 87460
2023-07-01 2023-12-31 57 43% 70% 80922
2023-01-01 2023-06-30 57 38% 60% 73331
2022-07-01 2022-12-31 45 30% 49% 66477
2022-01-01 2022-06-30 43 26% 48% 60662
2021-07-01 2021-12-31 46 26% 47% 54644
2021-01-01 2021-06-30 43 26% 34% 46682
2020-07-01 2020-12-31 41 25% 39% 41943
2020-01-01 2020-06-30 53 34% 50% 34945
2019-07-01 2019-12-31 56 35% 68% 27730
2019-01-01 2019-06-30 56 39% 42% 18758
2018-07-01 2018-12-31 57 40% 39% 11480
2018-01-01 2018-06-30 58 42% 66% 4845


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 22220 Manufacture of plastic packing goods)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
RPC CONTAINERS LIMITED SAPPHIRE HOUSE, CROWN WAY, RUSHDEN, NORTHAMPTONSHIRE, NN10 6FB 02786492 2018-03-31 247,900,000 59,800,000 22290-Manufacture of other plastic products
COVERIS FLEXIBLES (GAINSBOROUGH) UK LIMITED HOLLAND PLACE WARDENTREE PARK, PINCHBECK, SPALDING, LINCOLNSHIRE, PE11 3ZN 04786458 2017-12-31 183,655,000 989,000
SEALED AIR LIMITED 1-3 CROMWELL ROAD, ST. NEOTS, CAMBRIDGESHIRE, ENGLAND, PE19 1QN 03443946 2017-12-31 153,118,000 4,577,000
AMCOR FLEXIBLES UK LIMITED 83 TOWER ROAD NORTH, WARMLEY, BRISTOL, UNITED KINGDOM, BS30 8XP 02808801 2018-06-30 117,095,000 24,037,000
MAYNARD & HARRIS PLASTICS SAPPHIRE HOUSE, CROWN WAY, RUSHDEN, NORTHAMPTONSHIRE, NN10 6FB 01195337 2018-12-31 103,864,000 20,353,000
SIVA PLASTICS LIMITED SPITFIRE HOUSE, HAZEL ROAD, WOOLSTON, SOUTHAMPTON, SO19 7GB 02409513 2017-10-31 68,177,074 4,849,258
AMCOR FLEXIBLES WINTERBOURNE LIMITED 83 TOWER ROAD NORTH, WARMLEY, BRISTOL, UNITED KINGDOM, BS30 8XP 02456291 2018-06-30 56,207,000 4,326,000
ESSENTRA PACKAGING & SECURITY LIMITED ROBIN MILLS LEEDS ROAD, IDLE, BRADFORD, UNITED KINGDOM, BD10 9TE 07271407 2017-12-31 55,258,000 -43,221,000 22290-Manufacture of other plastic products
32990-Other manufacturing not elsewhere classified
ULTIMATE PACKAGING LIMITED PEGASUS WAY, EUROPARC GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9TS 01625575 2018-02-28 45,104,793 1,919,808
MASSMOULD LIMITED SAPPHIRE HOUSE, CROWN WAY, RUSHDEN, ENGLAND, NN10 6FB 01597033 2018-03-31 43,145,000 4,652,000
PROMENS PACKAGING LIMITED SAPPHIRE HOUSE, CROWN WAY, RUSHDEN, NORTHAMPTONSHIRE, NN10 6FB 04846267 2018-03-31 41,651,000 1,681,000
BERICAP U.K. LIMITED. OSLO ROAD, SUTTON FIELDS INDUSTRIAL ESTATE, HULL, HU7 0YN 02566980 2017-12-31 38,273,191 1,991,094 25920-Manufacture of light metal packaging
PFF PACKAGING LIMITED UNIT 3 AIREDALE PARK, ROYD INGS AVENUE, KEIGHLEY, WEST YORKSHIRE, BD21 4BZ 02648722 2017-07-31 17,500,996 0
BRAYFORD PLASTICS LIMITED HORNCASTLE LANE, DUNHOLME, LINCOLN, LN2 3QF 05570833 2018-03-31 15,767,873 0
MARPAK EXTRUSIONS LIMITED 1 PARKVIEW COURT, ST. PAULS ROAD, SHIPLEY, WEST YORKSHIRE, ENGLAND, BD18 3DZ 03905265 2017-12-31 15,389,033 0
PLASTIC BOTTLE SUPPLIES LIMITED C/O IPL PLASTICS (UK) LTD DENIS HOUSE, MARINER, LICHFIELD ROAD INDUSTRIAL ESTATE, TAMWORTH, STAFFORDSHIRE, UNITED KINGDOM, B79 7UL 03379557 2017-12-31 13,067,984 0
LOTAN LIMITED 2 ASHTON CLOSE, LEICESTER, LE4 2BQ 01948114 2018-03-31 11,168,356 0
PLASTIQUE LIMITED C/O SONOCO CORES & PAPER LTD STAINLAND BOARD MILLS, HOLYWELL GREEN, HALIFAX, ENGLAND, HX4 9PY 01407996 2017-09-30 10,718,774 0
EUROPLAST (BLACKBURN) LIMITED EURO HOUSE UNITS 1 & 2, SHADSWORTH BUSINESS PARK,, DUTTONS WAY, BLACKBURN, LANCASHIRE, BB1 2QR 02798524 2018-03-30 9,875,905 0 68209-Other letting and operating of own or leased real estate
SPECTRA PACKAGING SOLUTIONS LIMITED ANTONINE WAY SPARROWHAWK ROAD, HOLTON, HALESWORTH, SUFFOLK, IP19 8RX 06323869 2016-12-31 8,349,191 0
ENTHEOS ENTERPRISE LIMITED UNIT D1/D2, HILTON INDUSTRIAL, PARK, EAST WITTERING, CHICHESTER, WEST SUSSEX, PO20 8RL 05550728 2016-06-30 1,161,158 0
PHOENIX PACKAGING (FLEXIBLES) LIMITED 16 COPPER BEECHES, RIPLEY, DERBYSHIRE, DE5 3ED 07689897 2017-09-30 1,018,106 0
PENTEX MACHINERY LIMITED 4 TELGARTH ROAD, FERRING, WORTHING, ENGLAND, BN12 5PX 03800879 2018-07-31 59,542 0
PLASTIQUE HOLDINGS LIMITED C/O SONOCO CORES & PAPER LTD STAINLAND BOARD MILLS, HOLYWELL GREEN, HALIFAX, ENGLAND, HX4 9PY 04420002 2018-09-30 0 0
ZIPPER-STICKER LTD 90 BROOKSIDE, BURBAGE, HINCKLEY, LEICESTERSHIRE, ENGLAND, LE10 2TN 09871972 2018-11-30 0 0
SIVA HOLDINGS LIMITED SPITFIRE HOUSE, HAZEL RD, WOOLSTON, SOUTHAMPTON, SO19 7GB 01439398 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
COVERIS FLEXIBLES (GAINSBOROUGH) UK LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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