TRANSCEND PACKAGING LIMITED

TY DYFFRYN DYFFRYN BUSINESS PARK, YSTRAD MYNACH, CAERPHILLY, SOUTH WALES, CF82 7TW

Company 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-2024
Accounts 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
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY 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 - 00 (0.0%)
Active Alex Valente PETRI 27 Sep 2022 Investment Director Italian 3 - 00 (0.0%)
Resigned Christopher John CRAIG-WOOD 01 Dec 2020 30 Nov 2021 Director British 3 - 20 (0.0%)
Resigned Douglas Edmund LIDGITT 22 Sep 2020 03 May 2022 Chartered Accountant British 0 - 20 (0.0%)
Resigned Alexander Charles Wallace SNOW 28 Jun 2019 28 Feb 2020 Chairman British 0 - 2711 (40.7%)
Active Justin Alan BAILES 25 Jun 2019 Finance Director American 1 - 00 (0.0%)
Resigned Charles Edward DICKSON 11 Apr 2019 22 Nov 2019 Company Director British 14 - 1812 (37.5%)
Active Gabriel Robert Laurence FYSH 14 Jun 2018 Corporate Advisor British 2 - 94 (36.4%)
Active Lorenzo ANGELUCCI 23 Oct 2017 Director Italian 1 - 10 (0.0%)
Active Leigh Charles BRANFIELD 23 Oct 2017 Director British 4 - 31 (14.3%)
Number of active directors: 6
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
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