How much does Modern Paper Limited make?

Modern Paper Limited reported revenue of £12.6m and a loss of £1.3m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Modern Paper Limited have?

Modern Paper Limited reported an average of 46 employees in the year to 31 Dec 2025.

Is Modern Paper Limited profitable?

No — Modern Paper Limited reported a loss of £1.3m in the year to 31 Dec 2025.

Company No. 12484691 · Incorporated 26 Feb 2020

Modern Paper Limited

Registered name: MODERN PAPER LIMITED

Modern Paper Limited made £12.6m revenue and a £1.3m loss in the year to 31 Dec 2025.

Modern Paper Limited’s revenue fell 25% to £12.6m in the year to 31 Dec 2025, with a loss of £1.3m and 46 employees. The company is classified under “manufacture of household and sanitary goods and of toilet requisites” and is based in Erith; we hold 5 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 17220Manufacture of household and sanitary goods and of toilet requisites SIC 46900Non-specialised wholesale trade

Status: Active
Location: Erith, South East
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCash flow filed

Revenue

£12.6m

Growth ▼25.2%

Profit

−£1.3m

Growth —

Profit margin

−10.6%

Gross 14.3%

Employees

Change ▲21.1%

Profit / employee

−£28.9k

Revenue/employee £274k

Profitable streak

0yrs

Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	28 Feb 2022	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£12.7m	£16.8m	£12.6m
Cost of sales	—	—	£11.5m	£14.6m	£10.8m
Gross profit	—	—	£1.2m	£2.2m	£1.8m
Operating profit	—	—	−£1.3m	−£894k	−£629k
Profit before tax	—	—	−£1.9m	−£2.7m	−£1.8m
Profit after tax	—	—	−£1.8m	−£2m	−£1.3m
Profit (best available)	—	—	−£1.8m	−£2m	−£1.3m
Staff costs	—	—	£1.6m	£2.1m	£2.2m
Employees (average)	14	27	33	38	46
Ratios
Profit margin	—	—	−13.9%	−12%	−10.6%
Gross margin	—	—	9.7%	13.2%	14.3%
Revenue per employee	—	—	£385k	£443k	£274k
Profit per employee	—	—	−£53.7k	−£53.1k	−£28.9k
Growth (year on year)
Revenue growth	—	—	—	▲32.4%	▼25.2%
Headcount growth	—	—	—	▲15.2%	▲21.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£660k	£1.7m	£557k	£449k	£578k
Net assets	−£936k	−£2.1m	−£3.9m	£9.9m	£7.7m
Fixed assets	£18m	£31.5m	£33.1m	£33.1m	£32.7m
Current assets	£1.9m	£7.6m	£8.6m	£6.7m	£8.6m
Debtors	£230k	£1.3m	£3.8m	£1m	£2.7m
Cash from operations	—	—	−£3.6m	£13.4m	−£8.2m
Source	FilletedAccounts · bulk data Dec 2023	FilletedAccounts · bulk data Dec 2023	FilletedAccounts · bulk data Sep 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −10.6%; Profit ÷ revenue.
Gross margin: 14.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £274k; Revenue ÷ average employees.
Profit per employee: −£28.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 259.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.8%; 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: ▼22%; Now £7.7m
Cash at bank: ▲29%; Now £578k
Headcount: ▲21%; Now 46
Deferred income: —; Now —
Fixed assets: ▼1%; Now £32.7m

Corporate ownership

Group structure

Subsidiaries (1)

Natsons Midland Packaging LimitedRev. £16.9m · Profit £1.2m

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£1.3m), 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.