Ppnel Realisations 2025 Limited
Registered name: PPNEL REALISATIONS 2025 LIMITED
Part of PFF Packaging Group Limited groupPpnel Realisations 2025 Limited made £22.2m revenue and a £2m loss in the year to 31 Jan 2024.
Ppnel Realisations 2025 Limited’s revenue was £22.2m in the year to 31 Jan 2024, with a loss of £2m and 118 employees. The company is classified under “other manufacturing” and is based in Leeds; we hold 3 years of its filed accounts.
- Status
- In Administration
- Location
- Leeds, Yorkshire and The Humber
- Age
- 16 yrs · since 2009
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2021 | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £30.2m | £20.9m | £22.2m |
| Cost of sales | £21.8m | £16.5m | £17.1m |
| Gross profit | £8.4m | £4.5m | £5.1m |
| Operating profit | £4.2m | −£1.4m | −£1.5m |
| Profit before tax | £4.1m | −£3.1m | −£2.6m |
| Profit after tax | £3.3m | −£3.3m | −£2m |
| Profit (best available) | £3.3m | −£3.3m | −£2m |
| Staff costs | £3.6m | £5.6m | £5.1m |
| Employees (average) | 113 | 105 | 118 |
| Ratios | |||
| Profit margin | 11% | −16% | −8.9% |
| Gross margin | 27.9% | 21.4% | 23% |
| Revenue per employee | £267k | £200k | £188k |
| Profit per employee | £29.3k | −£31.8k | −£16.8k |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £4.3m | £97.7k | £141k |
| Net assets | £2.9m | −£402k | −£2.4m |
| Fixed assets | £4.4m | £11.4m | £10.1m |
| Current assets | £8m | £6.8m | £5.4m |
| Debtors | £2.2m | £3.4m | £3m |
| Deferred income | £455k | £363k | £997k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- −8.9%
- Profit ÷ revenue.
- Gross margin
- 23%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £188k
- Revenue ÷ average employees.
- Profit per employee
- −£16.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 45.7%
- 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
- 13.4%
- 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 −£2.4m
- Cash at bank
- —
- Now £141k
- Headcount
- —
- Now 118
- Deferred income
- —
- Now £997k
- Fixed assets
- —
- Now £10.1m
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
- PFF Packaging Group Limitedultimate parent75–100%
- Ppnel Realisations 2025 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- PPL Realisations 2025 LimitedIn AdministrationRev. £18.9m · Profit −£498k
- Arvensis Packaging Films LimitedActive - Proposal to Strike offRev. £0 · Profit £0
- PFF Packaging (Sedgefield) LimitedLiquidationRev. £0 · Profit £236k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit −£2m), from the Companies House accounts bulk data published Oct 2024. 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.