Vipa Packaging UK Limited
Registered name: VIPA PACKAGING UK LIMITED
Vipa Packaging UK Limited made £34m revenue and £215k profit in the year to 29 Dec 2025.
Vipa Packaging UK Limited’s revenue fell 15% to £34m in the year to 29 Dec 2025, with £215k profit and 7 employees. The company is classified under “other business support service activities” and is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 17 yrs · since 2009
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 30 Dec 2022 | 29 Dec 2023 | 29 Dec 2024 | 29 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £38.1m | £40m | £43.9m | £39.8m | £34m |
| Cost of sales | £36.8m | £38.2m | £42.9m | £39.2m | £33.2m |
| Gross profit | £1.3m | £1.8m | £1m | £652k | £848k |
| Operating profit | £892k | £1.5m | £725k | £396k | £642k |
| Profit before tax | £892k | £1.2m | −£38.1k | −£170k | £224k |
| Profit after tax | £722k | £944k | −£42.9k | −£170k | £215k |
| Profit (best available) | £722k | £944k | −£42.9k | −£170k | £215k |
| Staff costs | £338k | £669k | £884k | £834k | £724k |
| Employees (average) | 5 | 7 | 7 | 8 | 7 |
| Ratios | |||||
| Profit margin | 1.9% | 2.4% | −0.1% | −0.4% | 0.6% |
| Gross margin | 3.4% | 4.5% | 2.3% | 1.6% | 2.5% |
| Revenue per employee | £7.6m | £5.7m | £6.3m | £5m | £4.9m |
| Profit per employee | £144k | £135k | −£6.1k | −£21.3k | £30.7k |
| Cash conversion | −170.6% | 18% | −288.6% | 228.7% | −617.6% |
| Growth (year on year) | |||||
| Revenue growth | — | ▲4.9% | ▲10% | ▼9.4% | ▼14.5% |
| Profit growth | — | ▲30.8% | ▼104.5% | — | — |
| Headcount growth | — | ▲40% | 0% | ▲14.3% | ▼12.5% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £99.2k | £280k | £273k | £75.3k | £124k |
| Net assets | £1.2m | £2.1m | £2.1m | £1.9m | £2.1m |
| Fixed assets | £27.2k | £80.8k | £93.3k | £69.9k | £62.8k |
| Current assets | £7.4m | £8.6m | £6.9m | £8.6m | £4.1m |
| Debtors | £3.6m | £1.8m | £4m | £4.9m | £3.2m |
| Deferred income | £133k | £130k | £45.7k | £53.2k | £54.6k |
| Cash from operations | −£1.5m | £276k | −£2.1m | £905k | −£4m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 0.6%
- Profit ÷ revenue.
- Gross margin
- 2.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £4.9m
- Revenue ÷ average employees.
- Profit per employee
- £30.7k
- Profit ÷ average employees.
- Cash conversion
- −617.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.3%
- 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
- ▲11%
- Now £2.1m
- Cash at bank
- ▲65%
- Now £124k
- Headcount
- ▼13%
- Now 7
- Deferred income
- ▲3%
- Now £54.6k
- Fixed assets
- ▼10%
- Now £62.8k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 29 Dec 2025 (profit £215k), 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.