SAICA PACK UK LIMITED

1. SAICA PACK UK LIMITED 2009-04-02 → present
2. SAICA PACKAGING UK LIMITED 2007-03-15 → 2009-04-02
3. INTERNATIONAL PAPER CONTAINERS (U.K.) LIMITED 1975-07-04 → 2007-03-15

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

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company meets its day-to-day working capital requirements through cash generated from operations. The company is part of a group-wide cash pooling arrangement. The directors of the company have discussed the continued availability of funds to meet the company's obligations as they fall due with the directors of the fellow group company which holds the cash pool balance and the company's parent undertaking. In making their assessment the directors have considered a going concern period of 12 months from the date of approval of the financial statements. The directors of the company have considered the company's current and future prospects in addition to the availability of financing to it. The directors have also considered the potential implications of the conflict in Ukraine and wider headwinds in global economies in respect of matters such as price inflation and increases experienced in energy costs. The directors are confident that the company has sufficient resources available to it to manage the risks associated with such matters. Additionally, the directors have received written confirmation from the company's parent undertaking, that it will continue to provide financial support for the entire going concern period. In assessing the ability of the directors to rely on this support they have considered the level of short-term deposits available and net cash at the group level to support liquidity. Having performed this assessment, the directors continue to adopt the going concern basis of preparation for these financial statements.”

Significant events

• “In December 2024 the board decided to close Grangemouth site to maximise efficiency in the Scottish market. Letters were sent to customers and redundancy notices to the staff in January 2025.”

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

Filings

1

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -4.8%

  £390,559,000 → £371,830,000

• Cash

  -18%

  £906,000 → £743,000

• Net assets

  +12.4%

  £189,765,000 → £213,390,000

• Employees

  -3.4%

  1,321 → 1,276

• Operating profit

  -4.4%

  £31,106,000 → £29,736,000

• Profit before tax

  -4.2%

  £30,574,000 → £29,278,000

• Wages

  +1%

  £56,493,000 → £57,052,000

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