SOLIDUS PACKAGING SOLUTIONS LIMITED

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  Material uncertainty over going concern

  The financial statements of Solidus Solutions Group B.V. include a material uncertainty related to going concern and therefore the availability of support may be in doubt if required. These events and conditions constitute a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern. However, these circumstances represent a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern and, therefore, to continue realising its assets and discharging its liabilities in the normal course of business.

1. SOLIDUS PACKAGING SOLUTIONS LIMITED 2021-12-10 → present
2. NORTHERN PAPER BOARD LIMITED 2008-10-01 → 2021-12-10
3. N.P.B. MANAGEMENT COMPANY LIMITED 2008-09-03 → 2008-10-01
4. N.P.B. MANAGEMENT COMPANY LIMITED 1998-02-03 → 2008-09-02

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements of Solidus Solutions Group B.V. include a material uncertainty related to going concern and therefore the availability of support may be in doubt if required. These events and conditions constitute a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern. However, these circumstances represent a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern and, therefore, to continue realising its assets and discharging its liabilities in the normal course of business.”

Significant events

• “On 7 March 2025, Solidus successfully completed a recapitalisation process, following constructive engagement with its financial stakeholders. This initiative strengthened the Group's financial position, secured long-term funding, and resulted in a change in ownership.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +18%

  £37,086,559 → £43,757,126

• Cash

  -45.9%

  £422,674 → £228,606

• Net assets

  -9.6%

  £10,688,516 → £9,658,062

• Employees

  +22.9%

  70 → 86

• Operating profit

  -157.2%

  £1,702,022 → -£973,828

• Profit before tax

  -190.3%

  £1,492,365 → -£1,347,972

• Wages

  +1.8%

  £3,468,342 → £3,531,189

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