NNZ LTD

1. NNZ LTD 2002-10-08 → present
2. NNZ INDUSTRIAL PACKAGING LIMITED 1984-11-19 → 2002-10-08

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

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Management has determined that there is no material uncertainty that casts doubt on the entity's ability to continue as a going concern and have continued to adopt the going concern basis of accounting in preparing its financial statements.”

Significant events

• “On 1st January 2023, the operating activities previously reported in Sparkle North Ltd (Levy Brothers & Knowles Limited), a 100% owned subsidiary company acquired in September 2017 and providing bags, sacking and other packaging to the industrial market, were hived up into NNZ Ltd, consolidating the UK business operations of the Royal NNZ Group bv under one UK legal entity, whilst continuing to operate from the same three locations in the UK: Glasgow, Liverpool and Castle Donington. The business combination involved the novation of existing leases and contracts to NNZ Ltd in addition to the transfer of all the subsidiary's assets and liabilities.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -5%

  £9,124,338 → £8,672,013

• Cash

  -38.5%

  £547,873 → £337,115

• Net assets

  -474%

  £67,072 → -£250,864

• Employees

  -21.4%

  28 → 22

• Operating profit

  -117.9%

  -£76,712 → -£167,193

• Profit before tax

  -195.1%

  £334,364 → -£317,936

• Wages

  -6.6%

  £937,641 → £875,978

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