SEALED AIR LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-16 (in 5mo)
Last made up 2025-10-02
Watchouts
Cash
£9M
+5,791% vs 2023
Net assets
£148M
+2.8% vs 2023
Employees
494
+0.6% vs 2023
Profit before tax
£20M
+113.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The directors have considered the circumstances described above, and considers that the transaction constitutes a material uncertainty which may cast significant doubt about the Company's ability to continue as a going concern. The financial statements do not include the adjustments that would result if the Company were unable to continue as a going concern.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 2 times since incorporation
- SEALED AIR LIMITED 1999-11-01 → present
- CRYOVAC UK LIMITED 1997-10-29 → 1999-11-01
- ARABLELAND LIMITED 1997-10-02 → 1997-10-29
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £154,321,000 | £157,672,000 | |
| Operating profit | £4,248,000 | £14,119,000 | |
| Profit before tax | £9,232,000 | £19,675,000 | |
| Net profit | £2,999,000 | £15,077,000 | |
| Cash | £145,000 | £8,542,000 | |
| Total assets less current liabilities | £173,255,000 | £177,321,000 | |
| Net assets | £143,554,000 | £147,517,000 | |
| Equity | £143,554,000 | £147,517,000 | |
| Average employees | 491 | 494 | |
| Wages | £22,349,000 | £20,871,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.8% | 9.0% | |
| Net margin | 1.9% | 9.6% | |
| Return on capital employed | 2.5% | 8.0% | |
| Gearing (liabilities / total assets) | 39.8% | 39.3% | |
| Current ratio | 2.50x | 2.73x | |
| Interest cover | 2.60x | 7.62x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The directors have considered the circumstances described above, and considers that the transaction constitutes a material uncertainty which may cast significant doubt about the Company's ability to continue as a going concern. The financial statements do not include the adjustments that would result if the Company were unable to continue as a going concern.”
Group structure
- SEALED AIR LIMITED · parent
- Dolphin Fairway Limited 100%
- Dolphin Packaging (Cheltenham) Limited 100%
- Dolphin Packaging Limited 100%
- Dolphin Packaging (Holdings) Limited 100%
- Getpacking Limited 100%
- Sealed Air (Witham) Limited 100%
- Paladin G.P. Limited 100%
- Progressive Packaging (Holdings) Limited 100%
- Diversey J Trustee Limited 100%
- Diversey Trustee Limited 100%
- Sealed Air (Ukraine) Limited 100%
Significant events
- “A Group wide intellectual property restructuring programme was completed in December 2024. The future impact on Sealed Air Limited is anticipated to be a reduction in profits of £6.8M based on 2024 figures.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KALIRAI, Karenjit Kaur | Secretary | 2018-09-26 | — | — |
| KALIRAI, Karenjit Kaur | Director | 2018-09-26 | Jun 1975 | British,Canadian |
| PARKS, Graham Leslie | Director | 2021-05-25 | Jul 1970 | British |
| SULLIVAN, Brian Christopher | Director | 2024-12-11 | May 1985 | American |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHAPMAN, Michael James | Secretary | 2014-02-28 | 2017-09-06 |
| MICHAEL, David | Secretary | 1997-12-17 | 1998-12-22 |
| TARTAGLIA, Matt | Secretary | 1998-12-22 | 2014-02-28 |
| ABOGADO CUSTODIANS LIMITED | Corporate Nominee Secretary | 1997-10-17 | 1997-12-17 |
| ABOGADO NOMINEES LIMITED | Corporate Nominee Secretary | 1997-10-17 | 1997-12-17 |
| THE COMPANY REGISTRATION AGENTS LIMITED | Corporate Nominee Secretary | 1997-10-02 | 1997-10-17 |
| ASSIS, Alessandra Faccin | Director | 2020-10-05 | 2022-02-11 |
| ASSIS, Alessandra Faccin | Director | 2014-12-31 | 2018-02-14 |
| BECKER, Mark Thomas | Director | 1997-12-17 | 1999-11-01 |
| BRYANT, Laura May | Director | 2019-09-01 | 2024-12-11 |
| CHAPMAN, Michael James | Director | 1999-11-01 | 2017-09-06 |
| CHRISTIE, Tod Stephens | Director | 2012-07-12 | 2014-12-31 |
| ELLIOTT, Brian William | Director | 1997-12-17 | 1999-11-01 |
| FINCH JUNIOR, Norman Dale | Director | 2013-07-22 | 2017-01-27 |
| GREEN, Robert Edward | Director | 1997-12-22 | 1998-12-31 |
| HICKEY, William Vincent | Director | 2000-06-07 | 2010-10-01 |
| KELLER, Chad Louis | Director | 2018-02-14 | 2020-04-03 |
| KELSEY, David Henry | Director | 2002-01-01 | 2011-08-12 |
| MACDONALD, Deborah Ann | Director | 2012-07-12 | 2015-09-30 |
| MSICA, Mickael | Director | 2020-04-03 | 2020-10-05 |
| NEWMAN, Clive Anthony | Director | 2017-09-26 | 2018-09-26 |
| OXFORD, Michael Andrew | Director | 2012-07-12 | 2016-12-31 |
| PROSSER, James Stuart Kay | Director | 1997-12-17 | 1999-11-01 |
| STIEHL, William Gregory | Director | 2013-01-07 | 2019-06-19 |
| TARTAGLIA, Matt | Director | 1998-12-22 | 2014-02-28 |
| THURLAND, Michael Peter | Director | 2014-02-28 | 2021-05-25 |
| VAN RIPER, Daniel Seaman | Director | 1999-01-01 | 2002-01-01 |
| WARREN, Jeffrey Stuart | Director | 2012-07-12 | 2013-01-07 |
| WHITE, Helen Katherine | Director | 1999-11-01 | 2013-07-22 |
| YANG, Shuxian | Director | 2022-02-11 | 2024-12-11 |
| ABOGADO CUSTODIANS LIMITED | Corporate Nominee Director | 1997-10-17 | 1997-12-17 |
| ABOGADO NOMINEES LIMITED | Corporate Nominee Director | 1997-10-17 | 1997-12-17 |
| LUCIENE JAMES LIMITED | Corporate Director | 1997-10-02 | 1997-10-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sealed Air Holdings Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-12-26 | Active |
| Sealed Air B.V. | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2024-12-26 |
| Sealed Air Corporation | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2024-12-26 |
Filing timeline
Last 20 of 192 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-19 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-04 | AA | accounts | Accounts with accounts type full | |
| 2025-10-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-01-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-01-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-01-03 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-12-19 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-12-19 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-19 | CAP-SS | insolvency | Legacy | |
| 2024-12-19 | SH20 | capital | Legacy | |
| 2024-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-01 | AA | accounts | Accounts with accounts type full | |
| 2024-10-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-03 | AA | accounts | Accounts with accounts type full | |
| 2023-10-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+2.2%
£154,321,000 £157,672,000
-
Cash
+5,791%
£145,000 £8,542,000
-
Net assets
+2.8%
£143,554,000 £147,517,000
-
Employees
+0.6%
491 494
-
Operating profit
+232.4%
£4,248,000 £14,119,000
-
Profit before tax
+113.1%
£9,232,000 £19,675,000
-
Wages
-6.6%
£22,349,000 £20,871,000
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