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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-12-04 (in 7mo)

Last made up 2025-11-20

Watchouts

None on the register

Cash

£553K

+296.6% vs 2023

Net assets

£15M

-2.8% vs 2023

Employees

165

-7.8% vs 2023

Profit before tax

-£638K

-147% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £72,095,910£55,835,778
Operating profit £2,157,262-£237,645
Profit before tax £1,358,691-£638,427
Net profit £1,078,692-£437,205
Cash £139,391£552,767
Total assets less current liabilities £16,898,728£16,353,772
Net assets £15,841,764£15,404,559
Equity £15,841,764£15,404,559
Average employees 179165
Wages £6,635,551£6,703,863

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 2023-12-312024-12-31
Operating margin 3.0%-0.4%
Net margin 1.5%-0.8%
Return on capital employed 12.8%-1.5%
Current ratio 1.18x1.26x
Interest cover 2.70x-0.59x

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
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements for the year ended 31 December 2024 have been prepared on the going concern basis. After taking into account the best estimate of future market conditions, investment projects and the underlying operational performance of the business, the Directors have determined that the Company has sufficient resources and liquidity facilities, including the utilisation of the invoice finance facility, to meet its obligations as they fall due from the date of the approval of the financial statements to 30 June 2026.”

Group structure

  1. I2R PACKAGING SOLUTIONS LIMITED · parent
    1. i2r Korea Co. Ltd 90% · Korea · Distribution of food packaging within Asia
    2. i2r Packaging Solutions, Inc. 100% · USA · Distribution of food packaging within North America
    3. i2r North America Inc. 100% · Canada · Distribution of food packaging within North America

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

People

4 active · 8 resigned

Name Role Appointed Born Nationality
BECK, Joanne Secretary 2012-03-31
BECK, Joanne Director 2022-02-16 Jun 1968 British
HORNE, Adrian Director 2025-02-28 May 1968 British
MOSCHINI, Luca Director 2009-01-08 Jan 1960 Italian
Show 8 resigned officers
Name Role Appointed Resigned
CHAPLIN, Richard Jeremy Secretary 2007-01-17 2012-03-31
CASTLEGATE SECRETARIES LIMITED Corporate Secretary 2006-12-18 2007-01-17
CHAPLIN, Richard Jeremy Director 2007-01-17 2012-03-31
HEER, Sukhbinder Singh Director 2007-01-17 2008-12-31
KNIGHT, James Director 2022-12-01 2024-05-07
REAY, Peter James Director 2007-01-17 2025-02-28
WEST, Jonathan Mark Director 2007-04-27 2024-03-31
CASTLEGATE DIRECTORS LIMITED Corporate Director 2006-12-18 2007-01-17

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 109 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-08-11 RESOLUTIONS Resolution
Date Type Category Description
2026-03-10 MR04 mortgage Mortgage satisfy charge full PDF
2025-12-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-30 AA accounts Accounts with accounts type full
2025-03-13 TM01 officers Termination director company with name termination date PDF
2025-03-13 AP01 officers Appoint person director company with name date PDF
2024-12-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-31 AA accounts Accounts with accounts type full
2024-06-05 TM01 officers Termination director company with name termination date PDF
2024-04-08 CH01 officers Change person director company with change date PDF
2024-04-08 TM01 officers Termination director company with name termination date PDF
2024-03-01 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-12-22 CS01 confirmation-statement Confirmation statement with updates PDF
2023-10-18 SH01 capital Capital allotment shares PDF
2023-10-18 SH01 capital Capital allotment shares PDF
2023-10-10 AAMD accounts Accounts amended with accounts type group
2023-09-29 AA accounts Accounts with accounts type group
2023-08-11 RESOLUTIONS resolution Resolution
2023-08-01 SH01 capital Capital allotment shares PDF
2023-05-09 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date PDF
2022-12-22 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

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

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

Official Companies House page