MULTI PACKAGING SOLUTIONS HILLINGTON LIMITED

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  Material uncertainty over going concern

  In June 2024 the company announced that it would be entering into a formal period of consultation with employee representatives regarding a proposal to cease production at the site. Subsequently, an announcement was made confirming the company's original position and the company proposed to implement a full site closure. The site closure completed in August 2024 and therefore it is not appropriate to prepare the financial statements for the period ended 31 December 2024 under the going concern basis and they have instead been prepared under a basis other than going concern. Accruals contain the recognition of future losses of the business.

1. MULTI PACKAGING SOLUTIONS HILLINGTON LIMITED 2014-07-25 → present
2. CHESAPEAKE HILLINGTON LIMITED 2007-12-27 → 2014-07-25
3. CHESAPEAKE HILLINGTON PARK LIMITED 2007-11-23 → 2007-12-27
4. LITHOPRINT (SCOTLAND) LIMITED 1956-06-15 → 2007-11-23

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“In June 2024 the company announced that it would be entering into a formal period of consultation with employee representatives regarding a proposal to cease production at the site. Subsequently, an announcement was made confirming the company's original position and the company proposed to implement a full site closure. The site closure completed in August 2024 and therefore it is not appropriate to prepare the financial statements for the period ended 31 December 2024 under the going concern basis and they have instead been prepared under a basis other than going concern. Accruals contain the recognition of future losses of the business.”

Significant events

• “On July 5, 2024, pursuant to the transaction agreement, dated as of September 12, 2023, among Smurfit WestRock plc (formerly Smurfit WestRock Limited and prior to that known as Cepheidway Limited, "Smurfit WestRock"), Smurfit Kappa Group plc, WestRock Company and Sun Merger Sub, LLC ("Merger Sub"), (i) Smurfit WestRock acquired Smurfit Kappa Group plc by means of a scheme of arrangement under the Companies Act 2014 of Ireland, and (ii) Merger Sub merged with and into WestRock Company, with WestRock Company continuing as the surviving entity (collectively, the "Combination"). Upon completion of the Combination, Smurfit Kappa Group plc and WestRock Company each became wholly owned subsidiaries of Smurfit WestRock.”

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

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.