How much does Weedon Packaging Solution Centre Limited make?

Weedon Packaging Solution Centre Limited reported revenue of £20.3m and £442k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Weedon Packaging Solution Centre Limited have?

Weedon Packaging Solution Centre Limited reported an average of 139 employees in the year to 31 Dec 2023.

Is Weedon Packaging Solution Centre Limited profitable?

Yes — Weedon Packaging Solution Centre Limited reported a profit of £442k in the year to 31 Dec 2023.

Company No. 01208323 · Incorporated 18 Apr 1975

Weedon Packaging Solution Centre Limited

Registered name: WEEDON PACKAGING SOLUTION CENTRE LIMITED

Part of Zeus Packaging Investments (UK) Limited group

Weedon Packaging Solution Centre Limited made £20.3m revenue and £442k profit in the year to 31 Dec 2023. read from filing text

Weedon Packaging Solution Centre Limited’s revenue fell 2% to £20.3m in the year to 31 Dec 2023, with £442k profit and 139 employees. The company is classified under “manufacture of other paper and paperboard containers” and is based in Cannock; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 17219Manufacture of other paper and paperboard containers

Status: Active
Location: Cannock, West Midlands
Age: 51 yrs · since 1975
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2023

Key figures

Capital-light

Revenue

£20.3m

Growth ▼1.7%

Profit

£442k

Growth ▲62.1%

Profit margin

2.2%

Gross 24.5%

Employees

139

Change ▲2.2%

Profit / employee

£3.2k

Revenue/employee £146k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£20.6m	£20.3m
Cost of sales	£15.8m	£15.3m
Gross profit	£4.8m	£5m
Operating profit	£640k	£853k
Profit before tax	£452k	£580k
Profit after tax	£272k	£442k
Profit (best available)	£272k	£442k
Staff costs	£4.2m	£4.3m
Employees (average)	136	139
Ratios
Profit margin	1.3%	2.2%
Gross margin	23.3%	24.5%
Revenue per employee	£152k	£146k
Profit per employee	£2k	£3.2k
Growth (year on year)
Revenue growth	—	▼1.7%
Profit growth	—	▲62.1%
Headcount growth	—	▲2.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£247k	£91.4k
Net assets	£2.1m	£2.1m
Fixed assets	£2.2m	£2m
Current assets	£9m	£8.2m
Debtors	£5m	£5.3m
Deferred income	£32.5k	£26.5k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024

Derived from the latest filing

How the business works

Profit margin: 2.2%; Profit ÷ revenue.
Gross margin: 24.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £146k; Revenue ÷ average employees.
Profit per employee: £3.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 26.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼2%; Now £2.1m
Cash at bank: ▼63%; Now £91.4k
Headcount: ▲2%; Now 139
Deferred income: ▼18%; Now £26.5k
Fixed assets: ▼10%; Now £2m

Corporate ownership

Group structure

Ownership chain

Zeus Packaging Investments (UK) Limitedultimate parent75–100%
Weedon Holdings Limited75–100%
Weedon Packaging Solution Centre Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Weedon Corrugated Products LimitedRev. £17.3m · Profit £485k
I2I Europe LimitedRev. — · Profit £46.6k

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £442k), from the Companies House accounts bulk data published Apr 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.