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Company No. 06246101 · Incorporated 14 May 2007

Packaging Environmental Limited

Registered name: PACKAGING ENVIRONMENTAL LIMITED

Part of Bunzl Public Limited Company group

Packaging Environmental Limited made £5m revenue and £114k profit in the year to 31 Dec 2024.

Packaging Environmental Limited’s revenue was £5m in the year to 31 Dec 2024, with £114k profit and 14 employees. The company is classified under “non-specialised wholesale trade” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade
Status
Active
Location
London, London
Age
19 yrs · since 2007
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 2024

Key figures

Cash flow filed
Revenue
£5m
Growth —
Profit
£114k
Growth —
Profit margin
2.3%
Gross 17.1%
Employees
14
Change —
Profit / employee
£8.1k
Revenue/employee £359k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Apr 202230 Apr 202330 Apr 202431 Dec 2024
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£14.6m£15.1m£12.4m£5m
Cost of sales£13.1m£11.4m£9.6m£4.2m
Gross profit£1.5m£3.7m£2.8m£858k
Operating profit£417k£2m£1m£163k
Profit before tax£380k£2m£986k£155k
Profit after tax£312k£1.6m£762k£114k
Profit (best available)£312k£1.6m£762k£114k
Staff costs£607k£854k£973k£253k
Employees (average)14161714
Ratios
Profit margin2.1%10.5%6.2%2.3%
Gross margin10.2%24.6%22.7%17.1%
Revenue per employee£1m£941k£729k£359k
Profit per employee£22.3k£98.7k£44.8k£8.1k
Cash conversion47.8%32.1%107.8%−1181%
Growth (year on year)
Revenue growth—▲3.3%▼17.7%—
Profit growth—▲405.9%▼51.7%—
Headcount growth—▲14.3%▲6.3%—
Balance sheet — indirect signals, not revenue
Cash at bank£588k£1.1m£2.1m£0
Net assets£2.8m£4.4m£5.1m£5.3m
Fixed assets£121k£127k£0—
Current assets£5.5m£6.3m£6.8m£5.3m
Debtors£1.6m£2.2m£1.8m£0
Cash from operations£199k£656k£1.1m−£1.9m
SourceFullAccounts · bulk data Nov 2023FullAccounts · bulk data Nov 2023Accounts · bulk data Sep 2024FullAccounts · bulk data Aug 2025
Derived from the latest filing

How the business works

Profit margin
2.3%
Profit ÷ revenue.
Gross margin
17.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£359k
Revenue ÷ average employees.
Profit per employee
£8.1k
Profit ÷ average employees.
Cash conversion
−1181%
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
0%
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
—
Now £5.3m
Cash at bank
—
Now £0
Headcount
—
Now 14
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Bunzl Public Limited Companyultimate parent75–100%
  2. Bunzl Holding GTL Limited75–100%
  3. Bunzl Holding Lce Limited75–100%
  4. Packaging Environmental Limitedthis company

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

Sister companies (17)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £114k), from the Companies House accounts bulk data published Aug 2025. 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.