PPB LTD
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Next accounts due
2026-11-30 (in 6mo)
Last filed for 2025-02-28
Confirmation statement due
2026-06-15 (in 1mo)
Last made up 2025-06-01
Watchouts
Cash
£55K
-50.7% vs 2024
Net assets
£4M
+1.4% vs 2024
Employees
46
-6.1% vs 2024
Profit before tax
£1M
-16.5% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
6 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- PPB LTD 2015-05-06 → present
- PROCTOR PAPER & BOARD LIMITED 1979-11-13 → 2015-05-06
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-02-28
| Metric | Trend | 2024-02-29 | 2025-02-28 |
|---|---|---|---|
| Turnover | £18,298,804 | £19,511,738 | |
| Operating profit | £1,637,713 | £1,443,923 | |
| Profit before tax | £1,205,012 | £1,006,517 | |
| Net profit | £888,430 | £656,181 | |
| Cash | £111,646 | £54,995 | |
| Total assets less current liabilities | £7,684,367 | £4,341,717 | |
| Net assets | £4,023,440 | £4,079,515 | |
| Equity | £4,023,440 | £4,079,515 | |
| Average employees | 49 | 46 | |
| Wages | £2,093,072 | £2,058,760 |
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 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|
| Operating margin | 8.9% | 7.4% | |
| Net margin | 4.9% | 3.4% | |
| Return on capital employed | 21.3% | 33.3% | |
| Current ratio | 1.37x | 0.78x | |
| Interest cover | 3.78x | 3.30x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Kirk Newsholme
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resource to continue in operational existence for the foreseeable future as evidenced through the profit and cashflow forecasts produced through to February 2026 and on the basis that the directors have a reasonable expectation of re-financing the bank loan falling due for repayment within the next twelve months. The directors therefore continue to adopt the going concern basis of accounting in preparing the financial statements”
Group structure
- PPB LTD · parent
- A & R Board Sales Limited 100%
- Buchanan Paper & Board Limited 100%
- NE Plastics Limited 100%
Significant events
- “In December 2024 PPB was awarded ISO 45001, this is the global standard for occupational safety and health management systems.”
- “The continued conflict in Ukraine as well as other geopolitical pressures create uncertainty in the markets in which the company operates.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FALZON, Michael Patrick Anthony | Secretary | 2026-02-27 | — | — |
| BEEVER, Michael James | Director | 2026-02-27 | Sep 1965 | British |
| SEO, Jumpei | Director | 2026-02-27 | Nov 1974 | Japanese |
| TAYLOR, Simon William | Director | 2026-02-27 | May 1975 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHEESEBROUGH, William Graham | Secretary | 2020-08-01 | 2024-06-28 |
| PROCTOR, Rosemary Lewis | Secretary | — | 2020-07-31 |
| BUCHANAN, Jason Cooper | Director | 1997-06-18 | 2019-11-29 |
| BUCHANAN, Julie | Director | 2005-06-01 | 2019-11-29 |
| CHEESEBROUGH, William Graham | Director | 2015-07-01 | 2024-06-28 |
| KEREKES, Tomas | Director | 2020-01-23 | 2026-02-27 |
| PROCTOR, Claire Louise | Director | 1999-04-01 | 2026-02-27 |
| PROCTOR, Elizabeth Frances | Director | 1999-04-01 | 2026-02-27 |
| PROCTOR, John Heriot | Director | — | 2026-02-27 |
| PROCTOR, Mark Lewis | Director | — | 2026-02-27 |
| PROCTOR, Richard John | Director | — | 2026-02-27 |
| PROCTOR, Rosemary Lewis | Director | — | 2020-07-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Premier Paper Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-02-27 | Active |
Filing timeline
Last 20 of 184 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-04 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-03-04 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2026-03-03 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-03-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-23 | AA | accounts | Accounts with accounts type full | |
| 2024-06-28 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-06-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-22 | AA | accounts | Accounts with accounts type full | |
| 2023-06-21 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 6
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 2025-02-28 vs 2024-02-29
-
Turnover
+6.6%
£18,298,804 £19,511,738
-
Cash
-50.7%
£111,646 £54,995
-
Net assets
+1.4%
£4,023,440 £4,079,515
-
Employees
-6.1%
49 46
-
Operating profit
-11.8%
£1,637,713 £1,443,923
-
Profit before tax
-16.5%
£1,205,012 £1,006,517
-
Wages
-1.6%
£2,093,072 £2,058,760
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