DENMAUR INDEPENDENT PAPERS LIMITED

1. DENMAUR INDEPENDENT PAPERS LIMITED 2009-02-27 → present
2. DENMAUR INDEPENDENT PAPERS PLC 2009-02-27 → 2009-02-27
3. DENMAUR PAPERS PLC 1997-10-14 → 2009-02-27
4. DENMAUR (PRINTING & PUBLISHING) PAPERS LIMITED 1983-07-13 → 1997-10-14
5. FULSETBROOK LIMITED 1983-03-17 → 1983-07-13

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

Kreston Reeves Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company continues to utilise the invoice and inventory financing facility from Leumi ABL Ltd as at the Year End date but has secured enhanced facilities from HSBC UK: These facilities consist of Invoice Discounting and Trade Finance lines and were available from 23rd May 2025. The directors have prepared detailed cash flow forecasts through to the end of the 2026 financial year that show that the company, with the use of its Invoice Financing Facility as disclosed in note 19, and the Trade Finance facility has sufficient cashflow to continue in operation until April 2026. There is no indication that this facility may be withdrawn and the company is satisfied that there is no indication that the covenants of this facility will be breached up to April 2026.”

Group structure

1. DENMAUR INDEPENDENT PAPERS LIMITED · parent
   1. Independent Paper South Limited 100% · England and Wales
   2. Independent Paper Plc 99.51% · England and Wales
   3. Media Paper Management Limited 100% · England and Wales

Significant events

• “The financial year started off in a positive manner with volumes holding up against the backdrop of a general election but the second half of the year saw a marked reduction in both volumes and pricing in the market. The company undertook a business review to streamline operations and this resulted in a number of redundancies.”
• “One of the major challenges for the business in the year was managing the impact of customer failures. Unfortunately, the Company incurred a number of bad debts some of which were fully insured, and some were not.”
• “The audit registration of Kreston Reeves LLP was transferred to Kreston Reeves Audit LLP on 6 October 2025. Kreston Reeves Audit LLP were formally appointed as auditor to the company on 6 October 2025.”

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

0

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

  -18.6%

  £131,942,164 → £107,444,185

• Cash

  +73.2%

  £259,406 → £449,373

• Net assets

  -18.6%

  £10,802,620 → £8,789,257

• Employees

  -3%

  133 → 129

• Operating profit

  -108.1%

  £2,746,565 → -£222,423

• Profit before tax

  -747.3%

  £376,415 → -£2,436,588

• Wages

  +5.1%

  £6,480,764 → £6,811,018

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