ELOPAK UK LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. ELOPAK UK LIMITED 2004-05-28 → present
2. LIQUID PACKAGING LIMITED 1961-03-23 → 2004-05-28

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 101

Reporting scope

Standalone (parent only)

Auditor

Bennett Brooks & Co Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries and based on the assumptions outlined in note 2.3 to the financial statements, the directors have concluded that the company has adequate resources to continue in operational existence for the foreseeable future and for at least twelve months from the date of approval of this report. For this reason, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. ELOPAK UK LIMITED · parent
   1. Elopak Arabia Holding LLC 1% · Saudi Arabia · holding company
   2. Elopak Packaging Company LLC 100% · Saudi Arabia
   3. Elopak Morocco Ltd 2% · Morocco
   4. GLS Elopak Private Limited 0.5% · India

Significant events

• “The increase in turnover is driven by the company's continued efforts to source new customers and new markets with an emphasis on profitability. The decrease in operating profit is primarily driven by tangible asset write down of €956,000 (note 9).”
• “The intangible fixed asset was originally generated on the acquisition of a contract from a group company. The contract was transferred during the year generating a gain on disposal of €260,000 and is presented within administrative expenses.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +3.1%

  £44,044,730 → £45,430,825

• Cash

  —

  Not reported

• Net assets

  +23.1%

  £9,205,964 → £11,330,617

• Employees

  +5.3%

  19 → 20

• Operating profit

  -8.7%

  £2,675,104 → £2,443,655

• Profit before tax

  +7.6%

  £1,867,198 → £2,008,495

• Wages

  +23%

  £1,347,087 → £1,657,420

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