Palm Paper Limited
Registered name: PALM PAPER LIMITED
Part of Hera Gmbh groupPalm Paper Limited made £192m revenue and a £22.8m loss in the year to 31 Dec 2025.
Palm Paper Limited’s revenue grew 6% to £192m in the year to 31 Dec 2025, with a loss of £22.8m and 251 employees. The company is classified under “manufacture of paper and paperboard” and is based in Kings Lynn; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Kings Lynn
- Age
- 62 yrs · since 1964
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £149m | £258m | £219m | £181m | £192m |
| Operating profit | −£65.7m | £26.7m | −£13.4m | −£28.3m | −£21.5m |
| Profit before tax | −£65.8m | £25.9m | −£14.6m | −£29.9m | −£24m |
| Profit after tax | −£64.1m | £23.7m | −£14.7m | −£23.4m | −£22.8m |
| Profit (best available) | −£64.1m | £23.7m | −£14.7m | −£23.4m | −£22.8m |
| Employees (average) | 190 | 188 | 191 | 205 | 251 |
| Ratios | |||||
| Profit margin | −43% | 9.2% | −6.7% | −12.9% | −11.9% |
| Revenue per employee | £784k | £1.4m | £1.1m | £885k | £765k |
| Profit per employee | −£338k | £126k | −£77k | −£114k | −£91k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲73.1% | ▼15.3% | ▼17% | ▲5.9% |
| Profit growth | — | — | ▼162.1% | — | — |
| Headcount growth | — | ▼1.1% | ▲1.6% | ▲7.3% | ▲22.4% |
| Balance sheet — indirect signals, not revenue | |||||
| Net assets | — | — | — | — | — |
| Source | Accounts · bulk data Sep 2023 | Accounts · bulk data Sep 2023 | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- −11.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £765k
- Revenue ÷ average employees.
- Profit per employee
- −£91k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲22%
- Now 251
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Hera Gmbh (registered outside the UK register)ultimate parent75–100%
- Palm Paper Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- John Hargreaves,(Collyhurst and Stalybridge)limitedRev. £16.2m · Profit −£3.5m
- Palm Recycling LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£22.8m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 20 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.