How much does Hub Packaging Ltd. make?

Hub Packaging Ltd. reported revenue of £19.4m and £1.9m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Hub Packaging Ltd. have?

Hub Packaging Ltd. reported an average of 50 employees in the year to 31 Dec 2025.

Is Hub Packaging Ltd. profitable?

Yes — Hub Packaging Ltd. reported a profit of £1.9m in the year to 31 Dec 2025.

Company No. NI616476 · Incorporated 25 Jan 2013

Hub Packaging Ltd.

Registered name: HUB PACKAGING LTD.

Part of Hub Packaging Holdings Ltd group

Hub Packaging Ltd. made £19.4m revenue and £1.9m profit in the year to 31 Dec 2025.

Hub Packaging Ltd.’s revenue grew 7% to £19.4m in the year to 31 Dec 2025, with £1.9m profit and 50 employees. The company is classified under “non-specialised wholesale trade” and is based in Newry; we hold 3 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: Newry, Northern Ireland
Age: 13 yrs · since 2013
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 2025

Key figures

Capital-lightCash flow filed

Revenue

£19.4m

Growth ▲7.2%

Profit

£1.9m

Growth ▼8.7%

Profit margin

10%

Gross 30.9%

Employees

Change ▲6.4%

Profit / employee

£38.6k

Revenue/employee £387k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.7m	£18.1m	£19.4m
Cost of sales	£10.9m	£12.3m	£13.4m
Gross profit	£4.8m	£5.8m	£6m
Operating profit	£2.2m	£2.5m	£2.3m
Profit before tax	£2.2m	£2.5m	£2.3m
Profit after tax	£1.7m	£2.1m	£1.9m
Profit (best available)	£1.7m	£2.1m	£1.9m
Staff costs	£1.6m	£2.1m	£2.6m
Employees (average)	41	47	50
Ratios
Profit margin	10.5%	11.7%	10%
Gross margin	30.6%	32.1%	30.9%
Revenue per employee	£383k	£385k	£387k
Profit per employee	£40.3k	£45k	£38.6k
Cash conversion	125.2%	61.6%	101.7%
Growth (year on year)
Revenue growth	—	▲15.2%	▲7.2%
Profit growth	—	▲28%	▼8.7%
Headcount growth	—	▲14.6%	▲6.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.8m	£1.6m	£2.6m
Net assets	£4.6m	£5m	£5.7m
Fixed assets	£370k	£373k	£403k
Current assets	£6.6m	£6.7m	£8m
Debtors	£3m	£3.2m	£3.7m
Deferred income	£239k	£245k	£342k
Cash from operations	£2.7m	£1.5m	£2.3m
Source	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 10%; Profit ÷ revenue.
Gross margin: 30.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £387k; Revenue ÷ average employees.
Profit per employee: £38.6k; Profit ÷ average employees.
Cash conversion: 101.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.9%; 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: ▲14%; Now £5.7m
Cash at bank: ▲60%; Now £2.6m
Headcount: ▲6%; Now 50
Deferred income: ▲40%; Now £342k
Fixed assets: ▲8%; Now £403k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Hub Packaging Holdings Ltdultimate parent75–100%
Hub Packaging Ltd.this company

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

Sister companies (2)

Hub Fulfilment LtdFigures not disclosed
Packed Up LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.9m), 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.