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TRANSCEND PACKAGING LIMITED
TY DYFFRYN DYFFRYN BUSINESS PARK, YSTRAD MYNACH, CAERPHILLY, SOUTH WALES, CF82 7TWCompany Number: 11027520
Incorporation date: 23-Oct-2017
Status: Active
Entity type: Private Limited Company
SIC codes:
17120 Manufacture of paper and paperboard
SUMMARY
This company is 6.4 years old and is currently active. It is controlled by multiple entities. The company has negative equity (net assets) of GBP -11.9 million which has worsened since the previous year's figure of GBP -4 million. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -25.1 million), 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 6 active officers (directors or partners) who are or were officers of 16 other companies, 2 (12.5%) of which have since been dissolved or are proposed for strike off. 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-2024Accounts Filed: GROUP (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2022 | GBP | -7,882,811 | |||||
31-Dec-2021 | GBP | -6,658,362 | |||||
31-Dec-2020 | GBP | -2,871,650 | |||||
31-Dec-2019 | GBP | -5,629,720 | |||||
31-Dec-2018 | GBP | -2,038,600 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2022 | GBP | 702,497 | 8,235,012 | 14,026,208 | 5,398 | 12,868,646 | -25,081,143 | -11,856,326 | |
31-Dec-2021 | GBP | 96,509 | 6,120,054 | 8,705,965 | 5,382 | 12,868,646 | -17,198,332 | -3,973,531 | |
31-Dec-2020 | GBP | 1,000,348 | 6,688,832 | 6,992,304 | 4,724 | 12,416,324 | -10,539,970 | 25,517 | |
31-Dec-2019 | GBP | 224,582 | 3,164,489 | 4,035,996 | 3,952,668 | 3,163 | 6,155,951 | -7,668,320 | -1,470,930 |
31-Dec-2018 | GBP | 53,187 | 479,525 | 106,272 | 1,753,729 | 2,409 | 2,386,165 | -2,038,600 | 349,974 |
CONSOLIDATED FINANCIALS
P&L Financials:Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2022 | GBP | 18,911,179 | -6,091,749 | 1,583,520 | 1,627 | -7,929,690 | |
31-Dec-2021 | GBP | 16,537,187 | -7,855,147 | 553,252 | -1,196,397 | -7,212,002 | |
31-Dec-2020 | GBP | 10,436,387 | -2,955,290 | 379,404 | -3,334,694 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2022 | GBP | 1,216,034 | 2,486,380 | 10,196,397 | 5,398 | 12,868,646 | 13,224,817 | ||
31-Dec-2021 | GBP | 361,170 | 2,100,861 | 7,162,119 | 5,382 | 12,868,646 | -17,967,059 | -4,665,458 | |
31-Dec-2020 | GBP | 1,853,770 | 1,689,246 | 6,902,780 | 4,724 | 12,416,324 | -10,915,619 | 25,517 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Dec-2022 | GBP | 0.30% | 16 | 5,382 | 5,398 | -394,113 |
31-Dec-2021 | GBP | 12.23% | 452,980 | 3,252,093 | 3,705,073 | 2,930,155 |
31-Dec-2020 | GBP | 33.04% | 6,261,934 | 12,688,339 | 18,950,273 | 17,183,175 |
31-Dec-2019 | GBP | 23.84% | 3,770,540 | 12,046,725 | 15,817,265 | 16,646,309 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Ashley KINDRED | 16 Jun 2022 | 29 Mar 2024 | 1 - 0 | ||
Resigned | David Paul KERSLEY | 22 May 2020 | 16 Jun 2022 | 0 - 1 | ||
Resigned | Gabriel Robert Laurence FYSH | 05 Nov 2017 | 01 Mar 2020 | 0 - 1 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Yuto SUZUKI | 01 Jul 2023 | Investor Director | Japanese | 1 - 0 | 0 (0.0%) | |
Active | Alex Valente PETRI | 27 Sep 2022 | Investment Director | Italian | 3 - 0 | 0 (0.0%) | |
Resigned | Christopher John CRAIG-WOOD | 01 Dec 2020 | 30 Nov 2021 | Director | British | 3 - 2 | 0 (0.0%) |
Resigned | Douglas Edmund LIDGITT | 22 Sep 2020 | 03 May 2022 | Chartered Accountant | British | 0 - 2 | 0 (0.0%) |
Resigned | Alexander Charles Wallace SNOW | 28 Jun 2019 | 28 Feb 2020 | Chairman | British | 0 - 27 | 11 (40.7%) |
Active | Justin Alan BAILES | 25 Jun 2019 | Finance Director | American | 1 - 0 | 0 (0.0%) | |
Resigned | Charles Edward DICKSON | 11 Apr 2019 | 22 Nov 2019 | Company Director | British | 14 - 18 | 12 (37.5%) |
Active | Gabriel Robert Laurence FYSH | 14 Jun 2018 | Corporate Advisor | British | 2 - 9 | 4 (36.4%) | |
Active | Lorenzo ANGELUCCI | 23 Oct 2017 | Director | Italian | 1 - 1 | 0 (0.0%) | |
Active | Leigh Charles BRANFIELD | 23 Oct 2017 | Director | British | 4 - 3 | 1 (14.3%) |
Average tenure of active directors: 4.3 years
Average tenure of resigned directors: 1.0 years
Average active director Dissolution Rate: 8.4%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||||||
---|---|---|---|---|---|---|---|
AMTEC FOREST PRODUCTS LIMITED (07433351) - Dissolved | ✔ | ||||||
SOLLIDEN LIMITED (07607209) - Active | ✔ | ||||||
BRING A BOTTLE LIMITED (08175994) - Active | ✔ | ||||||
FENCING AND DECKING (SOUTH WALES) LIMITED (08929610) - Active | ✔ | ||||||
FIBRENET GLOBAL LTD (09383361) - Active | ✔ | ||||||
KWS SOUTH WALES LIMITED (09841201) - Active | ✔ | ||||||
SPUR NETWORKS LTD (10014502) - Liquidation | ✔ | ||||||
HCG2 LIMITED (10188122) - Active | ✔ | ||||||
JBM GLOBAL LIMITED (10357149) - Active | ✔ | ||||||
350 GROUP LIMITED (10740914) - Active | ✔ | ||||||
TRANSCEND PACKAGING LIMITED (11027520) - Active | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | |
PLUMM LIMITED (11034943) - Active | ✔ | ||||||
ECO PALLETS LIMITED (11092654) - Active | ✔ | ✔ | |||||
SFPPRO LIMITED (11096301) - Active | ✔ | ||||||
LLEX LTD (11153891) - Dissolved | ✔ | ||||||
OLIVE JAR HOLDINGS LIMITED (13119623) - Active | ✔ | ||||||
ATECHTRON LTD (14271120) - Active | ✔ |
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
TRANSCEND PACKAGING LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
17120 Manufacture of paper and paperboard)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
DS SMITH PAPER LIMITED | LEVEL 3, 1 PADDINGTON SQUARE, LONDON, UNITED KINGDOM, W2 1DL | 00058614 | 2018-04-30 | 351,608,000 | 48,985,000 |
17219-Manufacture of other paper and paperboard containers |
UPM-KYMMENE (UK) LIMITED | 1 MEADOWHEAD ROAD, IRVINE, AYRSHIRE, KA11 5AT | SC102969 | 2017-12-31 | 280,648,000 | 6,344,000 | |
SOFIDEL UK LIMITED | BRUNEL WAY BAGLAN ENERGY PARK, BRITON FERRY, NEATH, WALES, SA11 2FP | 02245657 | 2017-12-31 | 263,469,000 | 19,148,000 | |
INTERTISSUE LIMITED | BRUNEL WAY BAGLAN ENERGY PARK, BRITON FERRY, NEATH, WALES, SA11 2FP | 04537324 | 2017-12-31 | 131,903,000 | 1,228,000 | |
ARJO WIGGINS FINE PAPERS LIMITED | 2ND FLOOR, 110 CANNON STREET, LONDON, EC4N 6EU | 00961440 | 2017-12-31 | 123,580,000 | -70,086,000 | |
JAMES CROPPER PUBLIC LIMITED COMPANY | BURNESIDE MILLS, KENDAL, CUMBRIA, LA9 6PZ | 00030226 | 2016-04-02 | 96,312,000 | 4,090,000 | |
GLATFELTER LYDNEY, LTD. | LYDNEY PAPER MILL, CHURCH ROAD, LYDNEY, GLOUCESTERSHIRE, GL15 5EJ | 05734921 | 2017-12-31 | 82,518,000 | 5,886,000 | |
JAMES CROPPER SPECIALITY PAPERS LIMITED | BURNESIDE MILLS, KENDAL, CUMBRIA, LA9 6PZ | 04690555 | 2018-03-31 | 64,634,000 | -2,254,000 | |
SONOCO LIMITED | C/O SONOCO CORES & PAPER LTD STAINLAND BOARD MILLS, HOLYWELL GREEN, HALIFAX, ENGLAND, HX4 9PY | 00082196 | 2017-12-31 | 47,955,000 | 17,144,000 | |
IGGESUND PAPERBOARD (WORKINGTON) LIMITED | IGGESUND PAPERBOARD, SIDDICK, WORKINGTON, CUMBRIA, CA14 1JX | 00075035 | 2018-01-28 | 31,818,000 | 6,856,000 | |
STAR TISSUE UK LIMITED | WATERFALL STREET, BLACKBURN, LANCASHIRE, UNITED KINGDOM, BB2 2BN | 05859797 | 2018-09-30 | 24,410,220 | 0 | |
PECPL REALISATIONS LIMITED | 10 NICHOLAS STREET, CHESTER, CH1 2NX | 03046608 | 2017-12-31 | 11,185,649 | 0 | |
FOLDER WORKSHOP LTD | 238 STATION ROAD, ADDLESTONE, SURREY, KT15 2PS | 05291580 | 2018-12-31 | 0 | 0 | |
HOLMEN UK LIMITED | HOLMEN UK LIMITED, SIDDICK, WORKINGTON, CUMBRIA, CA14 1JX | 01441355 | 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 |
---|---|---|---|---|
TRANSCEND PACKAGING LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.6% | 2.5% | 4.9% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.6% | 1.5% | 2.5% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |