SEDA UK LIMITED
Operating as the British manufacturing arm of Italy's Seda International Packaging Group SpA, the company produces paper and paperboard packaging for the food service, dairy, and ice cream industries.
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Cash
£33M
+24.9% vs 2023
Net assets
£64M
+8.2% vs 2023
Employees
354
-2.2% vs 2023
Profit before tax
£27M
+26.3% vs 2023
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £123,883,357 | £119,396,659 | -3.6% | |
| Operating profit | £20,667,338 | £25,212,694 | +22% | |
| Profit before tax | £21,150,553 | £26,705,697 | +26.3% | |
| Net profit | £15,975,430 | £19,894,089 | +24.5% | |
| Cash | £26,772,136 | £33,448,399 | +24.9% | |
| Total assets less current liabilities | £59,443,062 | £64,310,280 | +8.2% | |
| Net assets | £59,416,191 | £64,310,280 | +8.2% | |
| Equity | £59,416,191 | £64,310,280 | +8.2% | |
| Average employees | 362 | 354 | -2.2% | |
| Wages | £13,130,361 | £14,029,095 | +6.8% | |
| Directors' remuneration | £196,252 | £202,987 | +3.4% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 16.7% | 21.1% | |
| Net margin | 12.9% | 16.7% | |
| Return on capital employed | 34.8% | 39.2% | |
| Gearing (liabilities / total assets) | 25.9% | 23.7% | |
| Current ratio | 3.05x | 3.30x |
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.
Name history
Renamed 1 time since incorporation
- SEDA UK LIMITED 2000-01-27 → present
- ASTON & FULL LIMITED 1935-02-16 → 2000-01-27
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Following consideration of all the above, the Directors have reasonable expectation that the Company has adequate resources to continue in operation for the foreseeable future, a period of not less than 12 months from the date of this report, and that it is therefore appropriate to adopt the going concern basis in preparing the financial statements.”
Significant events
- “Key Investments have been undertaken in 2024 to continue to support the market transition from plastic to paper, to service the fast-moving consumer goods market by providing a sustainable solution to replace plastic. These operational investments, combined with major infrastructure improvements, will further enhance the level of automation and ultimately deliver an Improved service.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOOPER, Robert | Secretary | 2023-07-13 | — | — |
| D'AMATO, Antonio, Dr | Director | — | Jun 1957 | Italian |
| D'AMATO, Gianfranco | Director | 1992-03-02 | Apr 1959 | Italian |
| SYNNOTT, Paul Martin | Director | 2016-05-25 | Jan 1966 | Irish |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRANDONI, Giulio | Secretary | — | 2015-12-22 |
| KERSLEY, David Paul | Secretary | 2016-05-25 | 2017-02-17 |
| MERFYN, Ynyr | Secretary | 2017-11-20 | 2021-12-10 |
| PHILLIPS, John | Secretary | 2022-06-28 | 2023-07-13 |
| SYNNOTT, Paul Martin | Secretary | 2021-12-10 | 2022-06-28 |
| GRANDONI, Giulio | Director | — | 2015-12-22 |
| PARISE, Giovani Francesco | Director | 1994-12-31 | 2007-04-30 |
| SIMS, Patrick Terence | Director | 1994-12-31 | 2000-02-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Gianfranco D'Amato | Individual | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Mr Antonio D'Amato | Individual | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Seda Pacprint (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 157 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-15 | AA | accounts | Accounts with accounts type full | |
| 2024-12-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-17 | AA | accounts | Accounts with accounts type full | |
| 2024-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-02 | AA | accounts | Accounts with accounts type full | |
| 2023-07-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-07-18 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-01-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-20 | AA | accounts | Accounts with accounts type full | |
| 2022-06-29 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-06-29 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-02-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-02-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-02-23 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-01-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-10 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-12-10 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-09-21 | AA | accounts | Accounts with accounts type full | |
| 2021-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.