VP PACKAGING LIMITED

1. VP PACKAGING LIMITED 2011-03-08 → present
2. AROFOL LIMITED 1984-02-28 → 2011-03-08

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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Ellacotts Audit Services Limited

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. On the basis of these scenarios the directors have concluded that the company has sufficient cash to settle liabilities as they fall due for a period of a least twelve months from the date the financial statements are approved. In addition, the directors have confirmed ongoing support from the company's fellow subsidiary Vereinigte Papierwarenfabriken GmbH.”

Significant events

• “Beginning of 2025 we have merged our two production sites in the UK in order to enhance our service offering. In addition, the product range will be expanded with additional products from the VP portfolio. All our actions are in line with the overall sustainability goals of VP Group.”
• “In January 2025, VP Packaging Ltd closed its Kettering operating site as part of a strategic cost-saving initiative. Operations from this site have been merged with the Rotherham facility to improve efficiency and reduce overhead costs. This event was decided and communicated post year end date and therefore no provisions have been included within the accounts.”

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

Filings

5

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

  -16.3%

  £8,955,990 → £7,500,637

• Cash

  +15%

  £349,676 → £402,133

  highest in 3 filed years

• Net assets

  -236.2%

  £259,456 → -£353,453

• Employees

  -2.3%

  43 → 42

  lowest in 3 filed years

• Operating profit

  -252.9%

  £336,785 → -£515,028

• Profit before tax

  -741.6%

  £108,289 → -£694,786

  lowest in 3 filed years

• Wages

  -4.9%

  £1,326,701 → £1,261,277

  lowest in 3 filed years

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