HCP PACKAGING UK LIMITED

• ◆

  3 officer resignations in last 12 months

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

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

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 financial statements are authorised for issue.”

Group structure

1. HCP PACKAGING UK LIMITED · parent
   1. Societe Industrielle de Matieres Plastiques 100% · France · Cosmetics
   2. HCP Germany Real Estate GmbH 100% · Germany · Real estate company
   3. HCP Germany Cosmetic GmbH & CO. KG 100% · Germany · Cosmetic packaging manufacturer
   4. Rusi Kosmetikpinsel Gessellschaft met beschrankter Haftung 100% · Germany · Intellectual property company
   5. HCP Packaging Italy S.R.L 100% · Italy · Cosmetics
   6. SIMPNA S.A. DE C.V. 100% · Mexico · Cosmetics

Significant events

• “Turnover increased in 2024 compared to 2023, due to an increase in costs which directly relates to the cost-plus revenue. The business continued to generate revenue for the parent company; however, revenue for 2024 was lower compared to 2023. This decline was primarily driven by excess inventory in the market and operational execution issues, which resulted in the deferral of certain revenue from December 2024 into January 2025.”
• “HCP continued to collaborate closely with both existing and prospective clients to design and develop innovative new products. These efforts have led to a notable increase in new product development throughout the year. In partnership with customers, HCP supported the delivery of sustainable initiatives, including key launches of refillable and recyclable products.”
• “While inflationary pressures have eased in the UK, elevated costs continue to have an impact on production. Ongoing conflicts in Ukraine and Israel/Gaza have posed challenges to regional sales for our customers, prompting shifts in client selling territories and adjustments to the product mix.”
• “We continue to see transit sailings around the Cape of Good Hope due to the potential attacks in the Red Sea, this coupled with port congestion has lengthened the supply chain lead time.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  +4.3%

  £2,060,633 → £2,148,271

• Cash

  -50.4%

  £423,708 → £209,994

• Net assets

  +5.3%

  £37,892,901 → £39,906,632

• Employees

  +5.9%

  17 → 18

• Operating profit

  +281.5%

  £124,670 → £475,607

• Profit before tax

  -15.1%

  £2,370,851 → £2,013,731

• Wages

  +5.1%

  £1,224,621 → £1,287,172

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