REED THERMOFORMED PACKAGING LTD.
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-15 (in 3mo)
Last made up 2025-08-01
Watchouts
None on the register
Cash
£526K
+105.1% vs 2023
Net assets
£2M
+24.3% vs 2023
Employees
79
+16.2% vs 2023
Profit before tax
£564K
+48.5% vs 2023
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £18,186,753 | £20,125,468 | |
| Operating profit | £775,149 | £953,842 | |
| Profit before tax | £380,071 | £564,481 | |
| Net profit | £285,960 | £414,501 | |
| Cash | £256,304 | £525,664 | |
| Total assets less current liabilities | £5,013,197 | £4,862,994 | |
| Net assets | £1,497,941 | £1,862,442 | |
| Equity | £1,497,941 | £1,862,442 | |
| Average employees | 68 | 79 | |
| Wages | £1,998,167 | £2,463,950 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 4.3% | 4.7% | |
| Net margin | 1.6% | 2.1% | |
| Return on capital employed | 15.5% | 19.6% | |
| Current ratio | 0.77x | 0.77x | |
| Interest cover | 1.96x | 2.45x |
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
- UNW LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate financial and other resources to continue in operational existence for the foreseeable future. Accordingly, they continue to prepare the financial statements on a going concern basis.”
Significant events
- “completion of its second production facility in Tanfield, involving the commissioning of an eighth production line and the relocation of three production lines from the Gateshead facility”
- “invest in systems development, implementing a new warehouse management system (WMS)”
- “launched an Environmental Management System (EMS) recording Scope 1, 2 and 3 carbon emissions”
- “site expansion of the Gateshead facility”
- “formal launch of the company's sustainability programme”
- “continued investment in productive capacity and sustainable developments”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CATTO, Jonathan Oliver | Director | 2016-04-13 | Sep 1984 | British |
| JONES, Kevin Mark | Director | 2017-09-10 | Jun 1975 | British |
| WITHEFORD, Kevin John | Director | 2017-08-10 | Dec 1958 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| REED, Harry | Director | 2016-04-13 | 2023-04-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Jonathan Oliver Catto | Individual | Shares 25–50% | 2023-06-01 | Active |
| Mr Harry Reed | Individual | Shares 50–75%, Voting 50–75% | 2016-04-13 | Ceased 2023-04-21 |
| Mr. Jonathan Oliver Catto | Individual | Shares 25–50% | 2016-04-13 | Ceased 2019-05-31 |
Filing timeline
Last 20 of 67 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-03 RESOLUTIONS Resolution
- 2026-03-03 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-23 | RP01SH01 | miscellaneous | Legacy | |
| 2026-03-03 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-03 | MA | incorporation | Memorandum articles | |
| 2026-03-03 | SH08 | capital | Capital name of class of shares | |
| 2026-02-23 | SH01 | capital | Capital allotment shares | |
| 2026-02-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-23 | AA | accounts | Accounts with accounts type full | |
| 2024-09-25 | AA | accounts | Accounts with accounts type full | |
| 2024-08-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-31 | SH06 | capital | Capital cancellation shares | |
| 2024-01-31 | SH06 | capital | Capital cancellation shares | |
| 2023-09-23 | AA | accounts | Accounts with accounts type full | |
| 2023-08-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-30 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-07-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-06-01 | SH03 | capital | Capital return purchase own shares | |
| 2023-06-01 | SH03 | capital | Capital return purchase own shares | |
| 2023-05-12 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
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
-
Turnover
+10.7%
£18,186,753 £20,125,468
-
Cash
+105.1%
£256,304 £525,664
-
Net assets
+24.3%
£1,497,941 £1,862,442
-
Employees
+16.2%
68 79
-
Operating profit
+23.1%
£775,149 £953,842
-
Profit before tax
+48.5%
£380,071 £564,481
-
Wages
+23.3%
£1,998,167 £2,463,950
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