UK Companies House feature
AIR-SEA PACKING GROUP LIMITED
Cash
£18K
-91.4% vs 2024
Net assets
£3M
+18.3% vs 2024
Employees
53
-3.6% vs 2024
Profit before tax
£975K
-36.9% vs 2024
Profile
- Company number
- 02727100
- Status
- Active
- Incorporation
- 1992-06-29
- Last accounts made up
- 2025-02-28
- Account category
- FULL
- Primary SIC
- 52103
Net assets
7-year trend · vs UK Logistics & Mobility median
Accounts
7-year trend · latest 2025-02-28
| Metric | Trend | 2021-03-01 | 2022-02-28 | 2022-03-01 | 2023-02-28 | 2023-03-01 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £9,172,737 | — | £11,560,517 | — | £11,104,220 | £9,820,407 | |
| Operating profit | — | £1,472,996 | — | £1,156,020 | — | £1,610,622 | £1,018,641 | |
| Profit before tax | — | £1,449,796 | — | £1,130,742 | — | £1,546,019 | £975,469 | |
| Net profit | — | £1,170,517 | — | £889,331 | — | £965,218 | £685,572 | |
| Cash | — | £829,767 | — | £701,705 | — | £213,599 | £18,335 | |
| Total assets less current liabilities | — | £3,022,019 | — | £3,755,998 | — | £3,180,268 | £3,669,084 | |
| Net assets | — | £2,141,244 | — | £2,892,054 | — | £2,804,858 | £3,317,353 | |
| Equity | £1,170,421 | £2,141,244 | £2,141,244 | £2,892,054 | £1,960,792 | £2,804,858 | £3,317,353 | |
| Average employees | — | 45 | — | 52 | — | 55 | 53 | |
| Wages | — | £2,046,828 | — | £3,181,952 | — | £3,078,349 | £2,931,953 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Menzies LLP
- 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.”
Significant events
- “The group has undertaken a significant capital investment programme in the current year, with asset additions totaling £393,715.”
- “In the year there were zero insurance claims across the fleet in the business.”
- “The group has improved sustainability by switching to recycled foams, recycled content in all of the packaging, and have eliminated the use of polystyrene in all crates.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AHLIN, Engpheen Foong Pen | Secretary | 2019-05-16 | — | — |
| AHLIN, Engpheen Foong Pen | Director | 2003-07-07 | Jan 1961 | British |
| WESTON, Martin | Director | 1997-02-01 | Mar 1964 | British,American |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EDWARDS, Nicholas James | Secretary | — | 2019-05-16 |
| THOMAS, Howard | Nominee Secretary | 1992-06-29 | 1993-06-29 |
| COSTER, Derek Brian | Director | — | 1996-12-31 |
| DAVIS, Ben | Director | 1998-12-01 | 2020-03-12 |
| DAVIS, Derek Charles | Director | — | 2014-05-30 |
| EDWARDS, Nicholas James | Director | — | 2019-05-16 |
| ENSER, Graham John | Director | — | 1998-06-19 |
| FITZGERALD, Donna | Director | 1998-12-01 | 2003-03-01 |
| FURNELL, Michael | Director | — | 2006-03-09 |
| GAUCI, Francois | Director | 1998-12-01 | 2002-09-13 |
| MONTGOMERY, Phillip Alan | Director | 1998-12-01 | 2003-02-06 |
| O'MARA, Thomas Joseph | Director | 1998-12-01 | 2003-07-25 |
| TESTER, William Andrew Joseph | Nominee Director | 1992-06-29 | 1993-06-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Airsea Packing Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 180 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-01 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-05-01 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-11-24 | AA | accounts | accounts with accounts type full |
| 2025-06-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-11-29 | AA | accounts | accounts with accounts type full |
| 2024-05-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-12-01 | AA | accounts | accounts with accounts type full |
| 2023-05-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-08-11 | AA | accounts | accounts with accounts type small |
| 2022-05-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-04-11 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-04-11 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2021-09-29 | AA | accounts | accounts with accounts type full |
| 2021-07-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-01-08 | AA | accounts | accounts with accounts type full |
| 2020-08-13 | AD01 | address | change registered office address company with date old address new address |
| 2020-06-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-03-23 | TM01 | officers | termination director company with name termination date |
| 2020-01-21 | TM01 | officers | termination director company with name termination date |
| 2020-01-21 | TM02 | officers | termination secretary company with name termination date |
Credit score
Altman Z″ (private-firm) · reference 2025-02-28
3.15
SAFE
Altman Z″
- Working capital / Total assets 0.277 × 6.56 = +1.82
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.111 × 6.72 = +0.74
- Book equity / Total liabilities 0.563 × 1.05 = +0.59
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory