How much does CB Paper Sacks Ltd. make?

CB Paper Sacks Ltd. reported revenue of £11.5m and £563k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does CB Paper Sacks Ltd. have?

CB Paper Sacks Ltd. reported an average of 38 employees in the year to 31 Dec 2025.

Is CB Paper Sacks Ltd. profitable?

Yes — CB Paper Sacks Ltd. reported a profit of £563k in the year to 31 Dec 2025.

Company No. 03218045 · Incorporated 28 Jun 1996

CB Paper Sacks Ltd.

Registered name: CB PAPER SACKS LTD.

Part of Cordovan Capital Management Limited group

CB Paper Sacks Ltd. made £11.5m revenue and £563k profit in the year to 31 Dec 2025.

CB Paper Sacks Ltd.’s revenue grew 5% to £11.5m in the year to 31 Dec 2025, with £563k profit and 38 employees. The company is classified under “manufacture of corrugated paper and paperboard, sacks and bags” and is based in Market Rasen, Lincolnshire; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 17211Manufacture of corrugated paper and paperboard, sacks and bags

Status: Active
Location: Market Rasen, Lincolnshire, East Midlands
Age: 30 yrs · since 1996
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: “Cordovan Acquisition II Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Operating leverage

Revenue

£11.5m

Growth ▲4.6%

Profit

£563k

Growth ▲30.6%

Profit margin

4.9%

Gross 13.5%

Employees

Change ▲5.6%

Profit / employee

£14.8k

Revenue/employee £302k

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 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11m	£11.5m
Cost of sales	£9.6m	£9.9m
Gross profit	£1.3m	£1.5m
Operating profit	£726k	£833k
Profit before tax	£641k	£776k
Profit after tax	£431k	£563k
Profit (best available)	£431k	£563k
Staff costs	£1.6m	£1.8m
Employees (average)	36	38
Ratios
Profit margin	3.9%	4.9%
Gross margin	12%	13.5%
Revenue per employee	£304k	£302k
Profit per employee	£12k	£14.8k
Growth (year on year)
Revenue growth	—	▲4.6%
Profit growth	—	▲30.6%
Headcount growth	—	▲5.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3m	£1.3m
Net assets	£2.8m	£3.3m
Fixed assets	£2.2m	£2m
Current assets	£4.5m	£5.1m
Debtors	£2.3m	£2.1m
Deferred income	£296k	£216k
Source	FullAccounts · bulk data Sep 2026	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 4.9%; Profit ÷ revenue.
Gross margin: 13.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £302k; Revenue ÷ average employees.
Profit per employee: £14.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 17.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.7%; 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: ▲20%; Now £3.3m
Cash at bank: ▲3%; Now £1.3m
Headcount: ▲6%; Now 38
Deferred income: ▼27%; Now £216k
Fixed assets: ▼5%; Now £2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Cordovan Capital Management Limitedultimate parent75–100%
Cordovan Capital Partners II GP LLP75–100%
Cordovan Acquisitions II Limited75–100%
CB Paper Sacks Ltd.this company

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

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 2025 (profit £563k), 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.