PUKKA PADS 2000 LIMITED

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's 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 original financial statements were authorised for issue.”

Group structure

1. PUKKA PADS 2000 LIMITED · parent
   1. Pukka Pads (HK) Limited 100% · Hong Kong · a holding company
   2. Ningbo Direct Trading Limited 90% · The People's Republic of China · trading of stationery products

Significant events

• “Sales were 1.6% below the prior year, however improved factory efficiency and better purchasing has resulted in the cost of materials relating to these sales reducing from 67.6% to 62.5% of sales this year.”
• “The Red Sea shipping crisis, stemming from attacks on vessels, led to significant disruptions in global container freight, causing increased costs, longer transit times, and capacity shortages as ships had to reroute around the Cape of Good Hope. Pukka, like many companies, was hit with increased freight costs in the year and this has impacted the financial results significantly.”
• “With energy costs increasing and a desire to improve its green credentials, the business invested in solar panels for both the factory and warehouse in Bingley and the warehouse in Lutterworth. Benefits are already being enjoyed through reduced energy bills, additional investment is being considered for the addition of batteries to allow great utilisation of the energy generated by the solar panels over the weekends.”
• “New machines have been acquired to improve manufacturing processes, reduce waste and headcount;”
• “Surplus to requirements warehousing has been exited out of the business without penalty to the Landlords. The cost saving is in-excess of an annualised 100,000; and”
• “The continual focus on reducing freight costs has proved successful with container costs now significantly below rates paid previously.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  -1.6%

  £21,698,480 → £21,343,860

• Cash

  +73.2%

  £53,962 → £93,470

• Net assets

  +4.1%

  £3,470,893 → £3,613,724

• Employees

  -1.3%

  77 → 76

• Operating profit

  +207.2%

  -£211,179 → £226,387

• Profit before tax

  +179.2%

  -£249,681 → £197,794

• Wages

  +7.4%

  £2,374,453 → £2,549,021

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