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Cash

£38K

-66.4% vs 2023

Net assets

-£2.1M

-22.8% vs 2023

Employees

70

-1.4% vs 2023

Profit before tax

-£533K

+6.1% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31 Δ vs prior
Turnover £12,297,022£12,408,921 +0.9%
Operating profit -£511,775-£381,817 +25.4%
Profit before tax -£567,548-£532,687 +6.1%
Net profit -£22,278-£391,940 -1,659.3%
Cash £112,941£37,960 -66.4%
Total assets less current liabilities £2,625,688£1,401,991 -46.6%
Net assets -£1,717,057-£2,108,997 -22.8%
Equity -£1,717,057-£2,108,997 -22.8%
Average employees 7170 -1.4%
Wages £2,416,343£2,544,944 +5.3%
Directors' remuneration £182,784£236,725 +29.5%

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 2023-12-312024-12-31
Operating margin -4.2%-3.1%
Net margin -0.2%-3.2%
Return on capital employed -19.5%-27.2%
Current ratio 0.96x0.72x
Interest cover -9.18x-2.53x

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
Consolidated group
Auditor
Brown Butler Chartered Accountants
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have performed a going concern assessment, including preparing management profit and loss and cashflow forecasts for the period to 31 December 2030 which is in excess of twelve months from the date of approval of these financial statements. The Directors are in regular contact with the main funder and have obtained confirmation of their continuing support through a new repayment plan agreed in May 2025 covering funding to December 2030 with agreed repayments increasing over that period in line with forecast performance.”

Group structure

  1. BOXWAY GROUP HOLDINGS LIMITED · parent
    1. Boxway Packaging Group Limited 100% · England and Wales · Production and wholesale of cardboard boxes

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

2 active · 0 resigned

Name Role Appointed Born Nationality
FORREST, Nicholas Peter Director 2024-08-01 Jun 1980 British
WOOLLARD, Andrew John Director 2021-03-02 Jan 1963 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Andrew John Woollard Individual Shares 75–100% 2021-03-02 Active

Filing timeline

Last 20 of 25 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-05-08 MA Memorandum articles
  • 2025-05-08 RESOLUTIONS Resolution
Date Type Category Description
2026-05-12 CH01 officers Change person director company with change date PDF
2026-05-12 PSC04 persons-with-significant-control Change to a person with significant control PDF
2026-03-03 CS01 confirmation-statement Confirmation statement with updates PDF
2026-01-12 AA accounts Accounts with accounts type group
2025-05-13 SH10 capital Capital variation of rights attached to shares
2025-05-08 SH02 capital Capital alter shares subdivision
2025-05-08 SH08 capital Capital name of class of shares
2025-05-08 MA incorporation Memorandum articles
2025-05-08 RESOLUTIONS resolution Resolution
2025-03-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-31 AA accounts Accounts with accounts type group
2024-08-09 AP01 officers Appoint person director company with name date PDF
2024-04-21 PSC04 persons-with-significant-control Change to a person with significant control PDF
2024-04-21 CH01 officers Change person director company with change date PDF
2024-03-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-23 AA accounts Accounts with accounts type group
2023-07-17 AD01 address Change registered office address company with date old address new address PDF
2023-04-06 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-03-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-07-22 AA accounts Accounts with accounts type group

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
3

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.

Official Companies House page