Paramount Packaging Systems Limited in Fleet, GU52 8BF

Description

Data updated on: 01-11-2023

Paramount Packaging Systems started its business in 1993 as a Private Limited Company under the ID 02860023. The business has operated for 31 years and the present status is active. The company's head office is based in Fleet at Fleet Business Park. Anyone could also locate the company using its zip code : GU52 8BF. This company's Standard Industrial Classification Code is 46140 which means Agents involved in the sale of machinery, industrial equipment, ships and aircraft. The most recent financial reports were submitted for the period up to 2022-03-31 and the most current confirmation statement was released on 2023-09-22.

Considering this company's constant growth, it was imperative to formally appoint new executives: Darren B. and Aaron B. who have been working together since 2021-02-26 to fulfil their statutory duties for this business.

Executives with significant control over the firm are: Darren B. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Aaron B. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	453 971	464 514	469 058	532 777	539 063	644 004

Balance Sheet
Cash Bank On Hand						928 811	1 084 065	1 300 549	1 408 747	1 783 688	1 531 771	5 430 097	3 786 475
Current Assets	3 729 275	2 605 935	3 364 603	2 381 804	2 749 563	2 701 927	2 949 819	2 802 180	2 957 267	3 372 086	11 313 332	12 572 700	5 563 160
Debtors	1 180 498	794 618	1 423 621	786 210	550 279	555 273	767 809	489 599	360 454	617 524	4 340 435	946 607	1 066 424
Net Assets Liabilities						644 004	855 628	677 517	960 248	1 003 442	151 543	389 423	2 745 060
Other Debtors							111 554	75 009	65 369	68 080	63 942	224 523	164 671
Property Plant Equipment						200 459	97 824	29 308	9 701	819	11 246	8 434	174 885
Total Inventories						1 217 843	1 097 945	1 012 032	1 188 066	970 874	5 441 126	6 195 996	710 261
Cash Bank In Hand	1 338 294	390 796	644 539	645 496	1 122 584	928 811
Net Assets Liabilities Including Pension Asset Liability	453 971	464 514	469 058	532 777	539 063	644 004
Stocks Inventory	1 210 483	1 420 521	1 296 443	950 098	1 076 700	1 217 843
Tangible Fixed Assets	233 917	219 087	206 172	254 749	223 738	200 459

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	452 971	463 514	468 058	531 777	538 063	643 004
Shareholder Funds	453 971	464 514	469 058	532 777	539 063	644 004

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						206 592	176 613	176 200	148 418	125 519	130 087	132 899	152 754
Additions Other Than Through Business Combinations Property Plant Equipment							64 855	4 403			14 995		186 306
Amounts Owed To Directors												1 568 036	188 392
Average Number Employees During Period						12	12	14	14	12	12	13	13
Corporation Tax Payable							31 669	33 115	85 045	27 182	147 182	475 002	689 512
Creditors						2 190 082	1 952 242	2 025 937	1 921 623	2 293 187	10 902 675	11 923 017	2 708 184
Current Tax For Period												475 002	689 512
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences													36 580
Depreciation Rate Used For Property Plant Equipment							25	25	25	25	25	25	25
Disposals Decrease In Depreciation Impairment Property Plant Equipment							49 104	14 536	32 707	24 396
Disposals Property Plant Equipment							197 469	73 332	47 389	31 781
Finance Lease Liabilities Present Value Total												2 084	32 037
Future Minimum Lease Payments Under Non-cancellable Operating Leases						213 198	164 866	144 025	57 294	424 604	294 054	275 302	51 189
Increase From Depreciation Charge For Year Property Plant Equipment							19 125	14 123	4 925	1 497	4 568	2 812	19 855
Net Current Assets Liabilities	317 368	324 659	366 064	376 480	453 898	511 845	997 577	776 243	1 035 644	1 078 899	410 657	649 683	2 854 976
Number Shares Issued Fully Paid						1 000	1 000	500	500	500	80	80	40
Number Shares Redeemed In Period								500
Other Creditors							1 257 522	1 459 264	1 270 292	1 442 881	7 361 026	8 406 921	929 054
Other Provisions Balance Sheet Subtotal						68 300	239 773	128 034	85 097	76 276	266 610	266 610	130 538
Other Taxation Social Security Payable							65 658	27 500	146 849	96 682	188 681	219 550	234 124
Par Value Share			1	1	1	1	1	1	1	1	1	1	1
Property Plant Equipment Gross Cost						407 051	274 437	205 508	158 119	126 338	141 333	141 333	327 639
Revenue From Sale Goods						4 347 774	5 139 258
Taxation Including Deferred Taxation Balance Sheet Subtotal													36 580
Tax Tax Credit On Profit Or Loss On Ordinary Activities												475 002	726 092
Total Assets Less Current Liabilities	551 285	543 746	572 236	631 229	677 636	712 304	1 095 401	805 551	1 045 345	1 079 718	421 903	658 117	3 029 861
Trade Creditors Trade Payables							597 393	506 058	419 437	726 442	3 205 786	1 253 508	635 065
Trade Debtors Trade Receivables							656 255	414 590	295 085	549 444	4 276 493	722 084	901 753
Creditors Due After One Year Total Noncurrent Liabilities	61 022	42 940
Creditors Due Within One Year Total Current Liabilities	3 411 907	2 281 276
Fixed Assets	233 917	219 087	206 172	254 749	223 738	200 459
Provisions For Liabilities Charges	36 292	36 292	85 823	35 832	82 446	68 300
Tangible Fixed Assets Additions		15 547	21 533	108 858	1 658	1 648
Tangible Fixed Assets Cost Or Valuation	428 612	430 961	448 159	403 744	405 403	407 051
Tangible Fixed Assets Depreciation	194 695	211 874	241 987	148 995	181 664	206 592
Tangible Fixed Assets Depreciation Charge For Period		26 201
Tangible Fixed Assets Depreciation Disposals		-9 022
Tangible Fixed Assets Disposals		-13 198	4 335	137 998
Creditors Due After One Year		42 940	17 355	62 620	56 127
Creditors Due Within One Year		2 281 276	2 998 539	2 005 324	2 295 665	2 190 082
Number Shares Allotted			1 000	1 000	1 000	1 000
Share Capital Allotted Called Up Paid		1 000	1 000	1 000	1 000	1 000
Tangible Fixed Assets Depreciation Charged In Period			34 299	21 760	32 669	24 927
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			4 186	99 477