PAPERGRAPHICS LIMITED

1. PAPERGRAPHICS LIMITED 1986-09-29 → present
2. HEELFIRTH LIMITED 1983-05-24 → 1986-09-29

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

Sumer Audit

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 resources to continue in operational existence for the foreseeable future, The directors have considered relevant information, including the company's principal risks and uncertainties, the annual budget, forecast future cash flows and the impact of subsequent events in making their assessment. Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements.”

Significant events

• “The increased stability seen in exchange rate markets during the year, and with interest rates beginning to reduce, EBITDA results were slightly ahead of expectations for the year.”
• “Economic & market conditions also appear to be stabilising, however, we continue to see liquidity pressures within our customer base, leading to an increased risk of unrecoverable trade debt.”
• “Due to the international nature of our group, World events & the UK's trade agreements with the rest of the world continue to have an impact on our customers & supply chain.”
• “The continued above average levels of inflation and interest rates continue to pose a risk to the group. Where possible, these increases in costs are recovered either through efficiency improvements, or by changes in our pricing.”

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

Filings

3

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

  +5%

  £25,900,601 → £27,191,499

• Cash

  +42.6%

  £1,156,991 → £1,650,390

• Net assets

  +9.7%

  £6,305,013 → £6,915,039

• Employees

  0%

  58 → 58

• Operating profit

  +24.2%

  £958,071 → £1,190,229

• Profit before tax

  +25.9%

  £866,893 → £1,091,526

• Wages

  +7.9%

  £2,282,631 → £2,463,525

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers