BOXWAY PACKAGING GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-07 (in 9mo)
Last made up 2026-01-24
Watchouts
None on the register
Cash
£38K
-66.4% vs 2023
Net assets
-£2M
-27% vs 2023
Employees
65
-3% vs 2023
Profit before tax
-£527K
-4% vs 2023
Name history
Renamed 1 time since incorporation
- BOXWAY PACKAGING GROUP LIMITED 2021-06-04 → present
- HAMSARD 3623 LIMITED 2021-01-25 → 2021-06-04
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 | £12,297,022 | £12,408,921 | |
| Operating profit | -£451,221 | -£376,534 | |
| Profit before tax | -£506,994 | -£527,404 | |
| Net profit | £38,276 | -£386,657 | |
| Cash | £112,740 | £37,874 | |
| Total assets less current liabilities | £2,762,657 | £1,544,243 | |
| Net assets | -£1,430,089 | -£1,816,746 | |
| Equity | -£1,430,089 | -£1,816,746 | |
| Average employees | 67 | 65 | |
| Wages | £2,091,161 | £2,143,724 |
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 | -3.7% | -3.0% | |
| Net margin | 0.3% | -3.1% | |
| Return on capital employed | -16.3% | -24.4% | |
| Current ratio | 1.00x | 0.74x | |
| Interest cover | -8.09x | -2.50x |
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
- Brown Butler
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 group and 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.”
Significant events
- “BoxWay Packaging Group Limited was formed during 2021 and was once a non-core part of a major global paper and packaging corporate business. Since this time, the business has been focused on the establishment of its own infrastructure, the strategic investment programme and on the refocusing of the business to improve performance.”
- “The period saw the company outperform the market in volume terms as it grew by 2%, versus the UK corrugated market growing by only 0.5%, but more importantly, as a result of the continued focus on value rather than volume, it was pleasing to see a modest growth in sales turnover but a growth of 10% in margin vs 2023 from 25.8% to 28.4%.”
- “The directors have identified access to funding is a key risk to the business and during 2025 are pleased to note that the key funder remains supportive and revised loan agreements were signed with funding and loan repayments scheduled up to December 2030.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FORREST, Nicholas Peter | Director | 2024-04-01 | Jun 1980 | British |
| WOOLLARD, Andrew John | Director | 2021-06-01 | Jan 1963 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PETTY, Steven | Secretary | 2021-01-25 | 2021-06-01 |
| RICE, Thomas Anthony | Director | 2021-01-25 | 2021-06-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Boxway Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-06-01 | Active |
| Saica Pack Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-01-25 | Ceased 2021-06-01 |
Filing timeline
Last 20 of 25 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-06-04 RESOLUTIONS Resolution PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-07 | AA | accounts | Accounts with accounts type full | |
| 2025-04-16 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-04-15 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-31 | AA | accounts | Accounts with accounts type full | |
| 2024-04-21 | CH01 | officers | Change person director company with change date | |
| 2024-04-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-23 | AA | accounts | Accounts with accounts type full | |
| 2023-10-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-07-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-22 | AA | accounts | Accounts with accounts type full | |
| 2022-02-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-06-04 | RESOLUTIONS | resolution | Resolution | |
| 2021-06-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-06-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-06-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-06-03 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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
+0.9%
£12,297,022 £12,408,921
-
Cash
-66.4%
£112,740 £37,874
-
Net assets
-27%
-£1,430,089 -£1,816,746
-
Employees
-3%
67 65
-
Operating profit
+16.6%
-£451,221 -£376,534
-
Profit before tax
-4%
-£506,994 -£527,404
-
Wages
+2.5%
£2,091,161 £2,143,724
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