DS SMITH CORRUGATED PACKAGING LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2025-04-30
Confirmation statement due
2026-06-26 (in 1mo)
Last made up 2025-06-12
Watchouts
Cash
—
Latest balance sheet
Net assets
£147M
+5.2% vs 2024
Employees
231
+0.4% vs 2024
Profit before tax
£7M
-48.6% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 3 times since incorporation
- DS SMITH CORRUGATED PACKAGING LIMITED 2012-09-27 → present
- SCA PACKAGING LIMITED 1991-04-08 → 2012-09-27
- REED PACKAGING LIMITED 1988-07-25 → 1991-04-08
- FIELD,SONS AND COMPANY,LIMITED 1897-08-30 → 1988-07-25
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2025-04-30
| Metric | Trend | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Turnover | £82,216,000 | £70,449,000 | |
| Operating profit | £11,948,000 | £6,006,000 | |
| Profit before tax | £12,920,000 | £6,644,000 | |
| Net profit | £8,298,000 | £7,095,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £140,882,000 | £147,704,000 | |
| Net assets | £140,052,000 | £147,309,000 | |
| Equity | £140,052,000 | £147,309,000 | |
| Average employees | 230 | 231 | |
| Wages | £8,853,000 | £9,159,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Operating margin | 14.5% | 8.5% | |
| Net margin | 10.1% | 10.1% | |
| Return on capital employed | 8.5% | 4.1% | |
| Gearing (liabilities / total assets) | 37.4% | 35.1% | |
| Current ratio | 0.17x | 0.14x | |
| Interest cover | 7.00x | 3.07x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared using the going concern basis of accounting. The Company has been issued a support letter from its intermediate parent company, DS Smith Limited, confirming ongoing financial support in meeting liabilities as they fall due for a period of at least 12 months from the day of approval of accounts, subject to unforeseen circumstances.”
Significant events
- “On 22 May 2025, the business announced that it had conducted a strategic review of the business in which it identified opportunities to reduce complexity, increase agility and streamline the company's footprint, in line with its investment plans. As a result of the review, closure of the Newcastle site was announced. In December 2025, the Newcastle site associated with the strategic review met the criteria to be classified as held of sale.”
- “On 29 January 2026, International Paper announced its intent to form two independent, public companies through the separation of its North America and EMEA businesses. The separation is expected to be completed in 12-15 months, subject to satisfaction of certain customary conditions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 39 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WOOD, Katie Rosa | Secretary | 2026-02-13 | — | — |
| ROSSI, Stefano | Director | 2014-09-29 | Jul 1967 | Italian |
| SLATER, Toby Paul | Director | 2021-02-01 | May 1979 | British |
| WRIGHT, Adam David | Director | 2025-06-19 | Sep 1985 | British |
Show 39 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EYLES, Melanie | Secretary | 2007-06-29 | 2009-04-01 |
| FLETCHER, Linda Elizabeth | Secretary | 1993-08-31 | 1995-12-01 |
| JOHNSTONE, Howard Mills | Secretary | — | 1993-08-31 |
| OLUYINKA, Kafayat Bisola | Secretary | 2025-03-21 | 2026-02-13 |
| STAPLES, Anthony John | Secretary | 1995-12-01 | 2007-06-29 |
| STEELE, Anne | Secretary | 2012-06-30 | 2018-10-31 |
| STONE, Zillah Wendy | Secretary | 2018-10-31 | 2025-03-21 |
| SYKES, Victoria | Secretary | 2009-04-01 | 2012-06-30 |
| AMIN, Mukund | Director | 2010-03-22 | 2012-06-30 |
| ATHERTON, Anthony John | Director | 2008-07-23 | 2009-10-12 |
| BROWN, Paul Jonathan | Director | 2017-07-14 | 2022-04-30 |
| DRYDEN, Stephen William | Director | 2013-04-08 | 2013-06-28 |
| FARRAR, Robert Graham | Director | — | 1993-06-30 |
| GRANTHAM, David | Director | 2010-03-22 | 2013-06-03 |
| HEYS, Thomas David | Director | 2008-07-23 | 2012-12-31 |
| HICKS, William Beverley | Director | 2015-07-21 | 2025-09-30 |
| HOLDRON, Richard Lancaster | Director | 1996-12-03 | 2001-01-15 |
| HOVINGTON, Stephen Paul | Director | 2008-07-23 | 2013-06-03 |
| JENKINS, Gareth Paul | Director | 2014-06-16 | 2017-07-14 |
| JOWETT, Matthew Paul | Director | 2012-06-30 | 2016-01-21 |
| KOOIJ, Geke | Director | 2010-03-22 | 2011-09-12 |
| MARSH, Adrian Ross Thomas | Director | 2013-09-24 | 2015-07-21 |
| MATTHEWS, David John | Director | 2013-06-28 | 2014-01-16 |
| MCLELLAN, Robert | Director | — | 1994-04-08 |
| MILLER, Brian Joseph | Director | 2005-07-28 | 2008-07-23 |
| MILNER, Joanne Sarah | Director | 2008-07-23 | 2008-08-14 |
| NEWMAN, Richard Hugh | Director | 2015-07-21 | 2021-01-29 |
| RENDERS, Robertus Johannes Antonius Maria | Director | 1997-07-14 | 2005-06-06 |
| RICE, Thomas Anthony | Director | 2005-07-28 | 2008-07-23 |
| SANGSTER, Peter John | Director | — | 1993-12-31 |
| SCHMIDT, Mikael Gert | Director | 2008-11-01 | 2012-06-29 |
| SNAPE, Charles Neil | Director | 1992-09-11 | 1998-06-22 |
| STEAD, David Richard | Director | 2001-01-15 | 2012-11-07 |
| STEAD, David Richard | Director | 2000-09-20 | 2001-01-15 |
| STERN, Alexander Paul | Director | 2023-01-09 | 2025-06-27 |
| STUCKES, Richard Paul | Director | 2013-11-01 | 2014-12-22 |
| THORNE, Anthony David | Director | 1994-01-04 | 2000-10-01 |
| VAN SEVENDONCK, Francis | Director | 1992-09-11 | 1995-02-15 |
| WILLIAMS, John David | Director | 2001-01-15 | 2008-10-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ds Smith Display Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 295 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-27 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-27 | SH20 | capital | Legacy | |
| 2026-02-27 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-02-27 | CAP-SS | insolvency | Legacy | |
| 2026-02-27 | RESOLUTIONS | resolution | Resolution | |
| 2026-02-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-02-18 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-02-07 | AA | accounts | Accounts with accounts type full | |
| 2026-02-03 | AA01 | accounts | Change account reference date company previous shortened | |
| 2025-10-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-27 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-03-27 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-01-27 | AA | accounts | Accounts with accounts type full | |
| 2024-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-26 | AA | accounts | Accounts with accounts type full | |
| 2023-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-09 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-20 | PSC05 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 2
- Officers appointed
- 2
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-04-30 vs 2024-04-30
-
Turnover
-14.3%
£82,216,000 £70,449,000
-
Cash
—
Not reported
-
Net assets
+5.2%
£140,052,000 £147,309,000
-
Employees
+0.4%
230 231
-
Operating profit
-49.7%
£11,948,000 £6,006,000
-
Profit before tax
-48.6%
£12,920,000 £6,644,000
-
Wages
+3.5%
£8,853,000 £9,159,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers