COVERIS WINSFORD 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 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Despite the reduction in profit in 2024, the underlying strategy of developing the technical capability of the business has continued and has been evidenced by the group investment in the site. The Directors have assessed key factors such as liquidity, revenue and profitability as well as considering appropriate sensitivities on these measures and it is the opinion of the Directors that the business, with continuing Group support and ongoing availability from the Group wide cash pooling facility, will continue as a going concern. See note 2.4 for further information on going concern.”

Significant events

• “On 9 December 2024, the Company undertook a capital reduction, whereby, the share premium account of £20,999,999 was cancelled and credited to the profit and loss reserve.”
• “During the final quarter of 2024 and first quarter of 2025, there was a business restructuring project whereby a decision was made to partly close the manufacturing facility in Kufstein, Coveris Flexibles Austria GmbH, and transfer the underlying production to other businesses within the Coveris Group.”

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

Filings

2

last 12 months

Capital events

2

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.

• Turnover

  -15.4%

  £80,643,000 → £68,229,000

• Cash

  +24.6%

  £1,221,000 → £1,521,000

• Net assets

  -3.4%

  £22,226,000 → £21,480,000

• Employees

  -9.3%

  258 → 234

• Operating profit

  -55.2%

  £3,298,000 → £1,478,000

• Profit before tax

  -90.4%

  £1,968,000 → £188,000

• Wages

  -2.2%

  £11,532,000 → £11,281,000

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