FLEXIPOL PACKAGING LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 1.2 in the financial statements, which indicate that the group of which the company is part may need additional working capital within the next 12 months which is not currently irrevocably secured at the date of approval of the financial statements. The group has the ongoing support from its principal shareholders to continue to enable

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. FLEXIPOL PACKAGING LIMITED 1994-10-26 → present
2. INFOPINE LIMITED 1994-09-01 → 1994-10-26

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

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 1.2 in the financial statements, which indicate that the group of which the company is part may need additional working capital within the next 12 months which is not currently irrevocably secured at the date of approval of the financial statements. The group has the ongoing support from its principal shareholders to continue to enable”

Group structure

1. FLEXIPOL PACKAGING LIMITED · parent
   1. Palagan Limited 100% · UK
   2. Synpac Limited 100% · UK

Significant events

• “Performance has improved compared to the prior year. Turnover increased by £2.55m (6.3%), as the market began to recover from widespread de-stocking activities that occurred across the customer base during the year ended 31 March 2024.”
• “Flexipol experienced an increase in the cost-base of the business over the financial year ended 31 March 2025. This primarily related to the increase in sales volumes, and inflationary pressures such as wage rises, given to support our employees in line with the UK cost of living increases.”
• “The company's strategy is to differentiate from others in the market space by supplying high quality, innovative products and providing best-in-class customer service.”
• “New business volumes grew in the year, occurring in both new product ranges and new customers.”
• “Key areas of innovation currently include - air release sacks, recyclable barrier films and new bag opening systems.”
• “No ordinary dividends were paid.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +6.3%

  £40,682,971 → £43,235,055

• Cash

  -23%

  £1,731,276 → £1,333,196

  lowest in 4 filed years

• Net assets

  -11.9%

  £8,997,823 → £7,931,551

  lowest in 4 filed years

• Employees

  +2.6%

  234 → 240

• Operating profit

  +4.1%

  -£532,081 → -£510,410

• Profit before tax

  -13.1%

  -£886,430 → -£1,002,195

• Wages

  +11.3%

  £8,271,685 → £9,205,605

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