How much does Nexus Packaging Ltd. make?

Nexus Packaging Ltd. reported revenue of £25.4m and £1.6m profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Nexus Packaging Ltd. have?

Nexus Packaging Ltd. reported an average of 33 employees in the year to 31 Mar 2023.

Is Nexus Packaging Ltd. profitable?

Yes — Nexus Packaging Ltd. reported a profit of £1.6m in the year to 31 Mar 2023.

Company No. SC262044 · Incorporated 16 Jan 2004

Nexus Packaging Ltd.

Registered name: NEXUS PACKAGING LTD.

Part of Camenir Group Limited group

Nexus Packaging Ltd. made £25.4m revenue and £1.6m profit in the year to 31 Mar 2023.

Nexus Packaging Ltd.’s revenue grew 19% to £25.4m in the year to 31 Mar 2023, with £1.6m profit and 33 employees. The company is classified under “manufacture of plastic packing goods” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22220Manufacture of plastic packing goods SIC 22290Manufacture of other plastic products SIC 46900Non-specialised wholesale trade

Status: Active
Location: Glasgow, Scotland
Age: 22 yrs · since 2004
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. From the filing: “Camenir Group Limited”

Latest accounts · year to 31 Mar 2023

Key figures

Capital-lightOperating leverage

Revenue

£25.4m

Growth ▲19.4%

Profit

£1.6m

Growth ▲21.9%

Profit margin

6.4%

Gross 19.1%

Employees

Change 0%

Profit / employee

£49k

Revenue/employee £770k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.3m	£25.4m
Cost of sales	£17.2m	£20.6m
Gross profit	£4.1m	£4.9m
Operating profit	£1.8m	£2.2m
Profit before tax	£1.7m	£2m
Profit after tax	£1.3m	£1.6m
Profit (best available)	£1.3m	£1.6m
Staff costs	£1.2m	£1.3m
Employees (average)	33	33
Ratios
Profit margin	6.2%	6.4%
Gross margin	19.1%	19.1%
Revenue per employee	£645k	£770k
Profit per employee	£40.2k	£49k
Growth (year on year)
Revenue growth	—	▲19.4%
Profit growth	—	▲21.9%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£1.5m
Net assets	£2.4m	£3.6m
Fixed assets	£190k	£1.2m
Current assets	£7.8m	£10.9m
Debtors	£4.4m	£4.2m
Deferred income	£67.7k	£1.6m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 6.4%; Profit ÷ revenue.
Gross margin: 19.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £770k; Revenue ÷ average employees.
Profit per employee: £49k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.6%; 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: ▲50%; Now £3.6m
Cash at bank: ▲23%; Now £1.5m
Headcount: 0%; Now 33
Deferred income: ▲2222%; Now £1.6m
Fixed assets: ▲539%; Now £1.2m

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

Camenir Group Limitedultimate parent75–100%
Nexus Packaging Ltd.this company

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

Sister companies (2)

Euro Caps and Closures LimitedRev. £180k · Profit £26.6k
Nexus Data Systems Ltd.Rev. — · Profit £90k

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 accounts for the year to 31 Mar 2023 (profit £1.6m), from the Companies House accounts bulk data published Dec 2023. 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.