RIEKE PACKAGING SYSTEMS LIMITED

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

1. RIEKE PACKAGING SYSTEMS LIMITED 2000-11-13 → present
2. ENGLISH GLASS COMPANY,LIMITED(THE) 1934-09-06 → 2000-11-13

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Qualified

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. In considering the appropriateness of the going concern assumption, the directors have taken into consideration the company's cash flow forecast to the end of 2026 and present level of funding, together with the macroeconomic conditions and have concluded that the Company will be able to continue as going concern basis for at least twelve months from the date of approval of these financial statements.”

Group structure

1. RIEKE PACKAGING SYSTEMS LIMITED · parent
   1. Rieke Germany Holdings GmbH 100% · Germany · Holding Company
   2. Rieke Germany GmbH & Co. KG 100% · Germany · Manufacturer and distributor of a variety of plastic products
   3. TriMas Hong Kong Holdings Limited 100% · China · Holding company
   4. Haining Rieke Packaging Systems Co. Ltd. 100% · China · Manufacturer and distributor of a variety of plastic products
   5. Rieke Mexico Holdings B.V. 100% · Netherlands · Holding Company
   6. Rieke de Mexico Manufacturing, S. de R.L. de C.V. 100% · Mexico · Manufacturer of a variety of plastic products
   7. Plastic S.R.L. 100% · Italy · Manufacturer and distributor of a variety of plastic products
   8. Taplast S.R.L. 100% · Italy · Manufacturer and distributor of a variety of plastic products
   9. Taplast SK S.R.O. 100% · Slovakia · Manufacturer of a variety of plastic products
   10. Affaba & Ferrari S.R.L. 100% · Italy · Manufacturer and distributor of a variety of plastic products
   11. Rieke Packaging Systems Australia Pty. Ltd. 100% · Australia · Distributor of a variety of plastic products
   12. TriMas Aerospace Germany GmbH 100% · Germany · Manufacturer and distributor of tie-rods and rubber-metal anti-vibration systems for aerospace applications.

Significant events

• “Prior period has been adjusted for the material errors identified in the year and further details of the amendments may be found in Note 4 to the financial statements”
• “On 14th November 2024 the Trustees of the scheme secured a buy-in policy which covered all scheme liabilities with the exception of GMP equalisation (the cost of which is assumed to equal 0.5% of the liabilities). The cost of this buy-in policy was £11,718K”
• “Impairment of investments during the year of £6,824,000 (2023 - £1,246,000).”
• “Subsequent to the balance sheet date, on 29 March 2025, the sole shareholder of Rieke Packaging Systems Limited approved a set of resolutions authorising the company to enter into a series of financial arrangements, including: Accession to a US law governed credit agreement, Entry into a foreign subsidiary borrowing and guarantee agreement, Granting of a debenture governed by English law.”
• “Also, an additional loan of £3,250,000 was extended to group Company Trimas Packaging Brasil Ltd through a "Loan Agreement" dated January 13th, 2025. Subsequently, Trimas Packaging Brasil Ltd was able to pay off two existing loans of £500,000 and £1,600,000 respectively. These loans were extended in year 2023 and 2024 respectively.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -4.1%

  £27,886,000 → £26,737,000

• Cash

  -61.4%

  £1,638,000 → £632,000

• Net assets

  -13.1%

  £219,413,000 → £190,747,000

• Employees

  -4.5%

  89 → 85

• Operating profit

  -124%

  £6,393,000 → -£1,534,000

• Profit before tax

  -55.2%

  £13,011,000 → £5,824,000

• Wages

  -10.2%

  £5,927,000 → £5,324,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers