LC Packaging UK Ltd
Registered name: LC PACKAGING UK LTD
Part of Lc Packaging International Bv groupLC Packaging UK Ltd made £16.5m revenue and £792k profit in the year to 31 Dec 2025. read from filing text
LC Packaging UK Ltd’s revenue was £16.5m in the year to 31 Dec 2025, with £792k profit and 28 employees. The company is classified under “non-specialised wholesale trade” and is based in Spalding; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Spalding, East of England
- Age
- 45 yrs · since 1981
- 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. From the filing: “The company's immediate parent is LC Packaging International BV, incorporated in Holland.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £19.7m | £16.7m | £16.5m | £16.5m |
| Cost of sales | £16.9m | £14.1m | £13.9m | £13.9m |
| Gross profit | £2.8m | £2.5m | £2.6m | £2.5m |
| Operating profit | £1.3m | £981k | £1.1m | £1.1m |
| Profit before tax | £1.2m | £917k | £1m | £1.1m |
| Profit after tax | £935k | £702k | £765k | £792k |
| Profit (best available) | £935k | £702k | £765k | £792k |
| Employees (average) | 47 | 41 | 33 | 28 |
| Ratios | ||||
| Profit margin | 4.8% | 4.2% | 4.6% | 4.8% |
| Gross margin | 14.3% | 15.3% | 15.5% | 15.4% |
| Revenue per employee | £419k | £407k | £499k | £588k |
| Profit per employee | £19.9k | £17.1k | £23.2k | £28.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼15.3% | ▼1.2% | ▼0.1% |
| Profit growth | — | ▼25% | ▲9% | ▲3.5% |
| Headcount growth | — | ▼12.8% | ▼19.5% | ▼15.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.5k | £485k | £97.3k | £785k |
| Net assets | £4.7m | £4.7m | £4.7m | £4.7m |
| Fixed assets | £222k | £215k | £200k | £175k |
| Current assets | £9.5m | £7.6m | £7.4m | £7.7m |
| Debtors | £3.2m | £2.4m | £2.9m | £2.3m |
| Deferred income | £941k | £834k | £545k | £737k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 4.8%
- Profit ÷ revenue.
- Gross margin
- 15.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £588k
- Revenue ÷ average employees.
- Profit per employee
- £28.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.7%
- 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
- 0%
- Now £4.7m
- Cash at bank
- ▲707%
- Now £785k
- Headcount
- ▼15%
- Now 28
- Deferred income
- ▲35%
- Now £737k
- Fixed assets
- ▼13%
- Now £175k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Lc Packaging International Bv (registered outside the UK register)ultimate parent75–100%
- LC Packaging UK Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- S G Baker LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £792k), from the Companies House accounts bulk data published Sep 2026. 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.