FMS FOILS GROUP LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 1.4 in the financial statements, which indicates that whilst the directors continue to adopt the going concern status in preparing the financial statements, the Group is reliant on funding provided by the group's bankers and support from its new parent entity. These events or conditions indicate that a material uncertainty exists that may cast doubt on the group's ability to continue as a going concern.

• ◆

  3 officer resignations in last 12 months

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

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. FMS FOILS GROUP LIMITED 2015-01-30 → present
2. A M (HOLDINGS) LIMITED 1998-05-13 → 2015-01-30

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

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 1.4 in the financial statements, which indicates that whilst the directors continue to adopt the going concern status in preparing the financial statements, the Group is reliant on funding provided by the group's bankers and support from its new parent entity. These events or conditions indicate that a material uncertainty exists that may cast doubt on the group's ability to continue as a going concern.”

Group structure

1. FMS FOILS GROUP LIMITED · parent
   1. Friths Flexible Packaging Limited 100% · United Kingdom · Dormant
   2. S.F. Williams (Foils) Limited 100% · United Kingdom · Dormant
   3. Macleans (Foils) Limited 100% · United Kingdom · Dormant

Significant events

• “A pivotal development occurred post-year-end on 29 September 2025, when the entire share capital of FMS Foils Group Limited was acquired by WZ Packaging Limited (WZP).”
• “A non-recoverable exceptional loss related to a phishing attack (£133,398) occurred.”
• “On 29 September 2025, the entire share capital of FMS Group Limited's subsidiary entities was transferred to the ultimate control of Mr DJ Watson.”
• “On 30 September 2025, the tangible fixed assets of the former subsidiary companies of FMS Foils Group Limited were acquired by FMS Foils Group Limited for an aggregate consideration of £509,859.”

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

Filings

12

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

  -4.4%

  £14,829,015 → £14,171,904

• Cash

  +26.4%

  £253,122 → £320,061

  highest in 8 filed years

• Net assets

  -76.5%

  £875,460 → £205,949

  lowest in 3 filed years

• Employees

  0%

  57 → 57

• Operating profit

  -1,811%

  -£17,326 → -£331,095

• Profit before tax

  -94.5%

  -£387,181 → -£753,067

• Wages

  +4.9%

  £2,292,670 → £2,405,678

  highest in 3 filed years

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