LIMEHOUSE PAPERBOARD MILLS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Oliver James White (ACA) for and on behalf of Affinia (Colchester) Statutory Auditor

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “2024 continued with the significant European-wide drop in demand for board and paperboard products following on from 2023, which was in large part driven by high customer stock-levels from the previous year when packaging materials were so difficult to procure.”
• “a number of board mills have closed in the year which have led to disruption in supply, although management have worked hard to mitigate this and ensure that our raw materials procurement for manufactured goods was not negatively impacted.”
• “We have seen a number of competitors closing in 2025, which has led to opportunities in existing and new markets.”
• “Following sucessful trials, we will be announcing a new line of product later in the year which management are confident will be highly popular and successful.”
• “However recent legaslative changes, particularly to employers' NICs, have led to significant cost increases, and will impact on pricing decisions in the coming months.”
• “The uncertain impact of the new Extended Producer Responsibility (EPR) requriements also poses a threat to sustainable packaging particularly in undoing the good work to date around reducing single use plastics.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +0.6%

  £13,363,000 → £13,449,000

• Cash

  +8.9%

  £2,146,000 → £2,336,000

• Net assets

  +8.6%

  £6,534,000 → £7,096,000

• Employees

  +1.7%

  59 → 60

• Operating profit

  +4.2%

  £891,000 → £928,000

• Profit before tax

  +6.4%

  £905,000 → £963,000

• Wages

  +11.4%

  £2,482,000 → £2,765,000

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