Ideal Packaging Company Limited in West Bromwich, B70 9EL

Description

Data updated on: 01-11-2023

Ideal Packaging Company Limited has been on the British market for 16 years. Started with registration number 06641117 in the year 2008, it is based at Unit 33 Queen Court Trading Estate, West Bromwich B70 9EL. This enterprise's classified under the NACE and SIC code 32990, that means Other manufacturing n.e.c.. The firm's most recent accounts were submitted for the period up to 31st July 2022 and the latest confirmation statement was released on 2nd December 2022.

Right now, this specific business is supervised by a single director: Chiman P., who was chosen to lead the company in July 2008. The business had been controlled by Neil O. up until October 2013. Furthermore another director, including Ukf Nominees Limited quit in 2008.

Chiman P. is the individual who has control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-07-31	2012-07-31	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	7 641	11 345	11 873	19 148	19 329	19 468

Balance Sheet
Cash Bank On Hand									96 975	90 569
Current Assets	68 830	107 467	100 617	82 968	81 980	84 616	87 693	95 670	98 475	94 069	59 304	61 830
Debtors	41 052	39 758	39 041	38 341	30 281	28 281				8 350
Net Assets Liabilities						19 468	19 825	20 559	22 397	23 183	32 213	32 959
Other Debtors	1 982	1 982								8 350
Total Inventories									1 500	3 500
Cash Bank In Hand	26 278	66 209	60 076	43 127	50 199	54 835
Net Assets Liabilities Including Pension Asset Liability	7 641	11 345	11 873	19 148	19 329	19 468
Stocks Inventory	1 500	1 500	1 500	1 500	1 500	1 500
Trade Debtors	39 070	37 776	39 041

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	7 541	11 245	11 773	19 048	19 229	19 368
Shareholder Funds	7 641	11 345	11 873	19 148	19 329	19 468

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment									61 126	61 126
Average Number Employees During Period									3	3	3	3
Bank Overdrafts									54
Creditors						65 148	41 668	75 111	76 078	79 236	27 091	28 871
Dividend Per Share Final									250	160
Number Shares Issued Fully Paid									100	100
Other Creditors									55 178	58 901
Other Inventories									1 500	3 500
Par Value Share		1	1	1	1	1				1
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal										8 350
Property Plant Equipment Gross Cost									61 126	61 126
Taxation Social Security Payable									20 056	15 465
Total Borrowings									54
Trade Creditors Trade Payables									790	4 870
Director Remuneration	13 000	7 320	7 800						12 000	12 000
Administrative Expenses	47 487	36 241	38 417
Corporation Tax Due Within One Year	6 715	17 641	6 382
Cost Sales	130 138	160 729	129 503
Creditors Due Within One Year	61 189	96 122	88 744	63 820	62 551	65 148
Dividends Withdrawn From Total Reserves		40 000	25 000
Final Payment	24 000	40 000	25 000
Gross Profit Loss	78 929	90 871	70 327
Interest Payable Similar Charges	53
Number Shares Allotted	100	100	100	100	100	100
Operating Profit Loss	31 442	54 630	31 910
Other Creditors Due Within One Year	42 282	62 295	72 556
Other Taxation Social Security Within One Year	6 652	15 277	9 217
Profit Loss For Period	24 902	43 704	25 528
Profit Loss On Ordinary Activities Before Tax	31 389	54 630	31 910
Tax On Profit Or Loss On Ordinary Activities	6 487	10 926	6 382
Trade Creditors Within One Year	5 540	909	589
Turnover Gross Operating Revenue	209 067	251 600	199 830
U K Current Corporation Tax On Income For Period	6 487	10 926	6 382
Value Shares Allotted	100	100	100	100	100