Integrated Packing Services Limited
Registered name: INTEGRATED PACKING SERVICES LIMITED
Part of TM Corporate Holdings UK Limited groupIntegrated Packing Services Limited made £111m revenue and £9.6m profit in the year to 31 Dec 2024.
Integrated Packing Services Limited’s revenue grew 17% to £111m in the year to 31 Dec 2024, with £9.6m profit. The company is classified under “packaging activities” and is based in Market Drayton; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Market Drayton
- Age
- 17 yrs · since 2009
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £72.6m | £94.3m | £111m |
| Cost of sales | −£39m | −£62.9m | −£66.1m |
| Gross profit | £33.6m | £31.4m | £44.6m |
| Operating profit | £4.1m | £4.2m | £14m |
| Profit before tax | £3.4m | £3.1m | £12.9m |
| Profit after tax | £2.4m | £2.6m | £9.6m |
| Profit (best available) | £2.4m | £2.6m | £9.6m |
| Employees (average) | 897 | 849 | — |
| Ratios | |||
| Profit margin | 3.3% | 2.7% | 8.7% |
| Gross margin | 46.3% | 33.3% | 40.3% |
| Revenue per employee | £80.9k | £111k | — |
| Profit per employee | £2.7k | £3k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲29.9% | ▲17.3% |
| Profit growth | — | ▲5.9% | ▲276.8% |
| Headcount growth | — | ▼5.3% | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 8.7%
- Profit ÷ revenue.
- Gross margin
- 40.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- 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
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- TM Corporate Holdings UK Limitedultimate parent75–100%
- Culina Group Limited75–100%
- Integrated Packing Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (10)
- CML F & L [Telford] LtdFigures not disclosed
- Culina Asset Management LimitedFigures not disclosed
- Culina Logistics LimitedFigures not disclosed
- Foodpack LimitedLiquidationFigures not disclosed
- Fowler Welch LimitedFigures not disclosed
- Great Bear Distribution LimitedFigures not disclosed
- Great Bear Holdings LimitedFigures not disclosed
- Greenwhitestar Acquisitions LimitedFigures not disclosed
- International Road Ferry LtdFigures not disclosed
- Warrens Warehousing Group LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £9.6m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 23 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.