Company Identification Details
|
Subject Reported on
|
AMBASSADOR PACKAGING LIMITED
|
|
Registration Number
|
00104001
|
|
VAT Number
|
GB539861110
|
|
Address
|
ROAD ONE, INDUSTRIAL ESTATE, WINSFORD, CHESHIRE, CW7 3QB.
|
|
Telephone
|
01606567000
|
|
Facsimile
|
01606567001
|
|
Web Address
|
www.ambassadorpackaging.com
|
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 249,000
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
00104001
|
|
VAT Number
|
GB539861110
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
ROAD ONE, WINSFORD INDUSTRIAL ESTATE, WINSFORD, CHESHIRE, CW7 3QB.
12/07/1909
|
|
Registered Office
|
ROAD ONE, WINSFORD INDUSTRIAL ESTATE, WINSFORD, CHESHIRE, CW7 3QB.
12/07/1909
|
|
History
|
15/11/2002 : The Registered
Office address changed from ROAD ONE, WINSFORD INDUSTRIAL ESTA, WINSFORD,.
|
|
|
14/10/1998 : The
Registered Office address changed from ROADTHREE INDUSTRIAL ESTATE,
WINSFORD, CHESHI.
|
|
|
14/10/1992 : The Registered
Office address changed from ROAD INDUSTRIAL ESTATE, WINSFORD, CHESHIRE, C.
|
|
|
4/11/1986 : Change
of name from J.AND W.BALDWIN(ASTON)LIMITED.
|
|
Date of Last Annual Return to Registry
|
15/10/2010
|
|
Registered Objectives
|
TO CARRY ON BUSINESS AS MANUFACTURERS OF WOOD FIBRE
|
|
Accounts
|
The last filed accounts at Companies House are those to 31/12/2009
|
|
Accounting Reference Date
|
31/12
|
Operations
|
Activities
|
The distribution of packaging materials.
|
|
Nace Code
|
5156
|
|
Premises
|
Owned,Offices,Warehouse
|
|
Staff Employed
|
115
|
|
Trade Names
|
LANTECH
|
|
Import Countries
|
EUROPE
|
|
Export Countries
|
No Export Activity
|
|
Bankers
|
BARCLAYS BANK PLC
|
|
Address
|
BIRMINGHAM COLMORE ROW.
|
|
Sort Code
|
200771
|
|
Auditors
|
Ernst & Young LLP
|
|
Branches
|
PETERBOROUGH.
|
|
|
SHEFFIELD.
|
|
|
NEWCASTLE.
|
|
|
LEEDS.
|
|
Subsidiaries
|
GRAINGER SMITH
LIMITED
|
Historical Rating
|
Date
|
Monthly Credit Guide
|
|
13/06/2011
|
249,000
|
|
13/03/2011
|
250,000
|
|
13/12/2010
|
250,000
|
|
13/09/2010
|
246,000
|
|
13/06/2010
|
250,000
|
Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
2
|
3
|
11
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most recent 40
searches
|
|
Date
|
Description
|
|
10/05/2011
|
Financial leasing
|
|
15/03/2011
|
Miscellaneous
|
|
26/01/2011
|
Miscellaneous
|
|
10/12/2010
|
Miscellaneous
|
|
29/11/2010
|
Miscellaneous
|
|
05/11/2010
|
Other retail sale in specialised stores
|
|
03/11/2010
|
Miscellaneous
|
|
27/09/2010
|
Miscellaneous
|
|
23/09/2010
|
Miscellaneous
|
|
15/09/2010
|
Other financial intermediation not elsewhere classified
|
|
18/08/2010
|
Miscellaneous
|
|
26/04/2010
|
Other computer related activities
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish
Decrees are recorded in our file.
|
Summary of Mortgages, Charges and Satisfactions
|
Total Number of Mortgages/Charges Registered
|
7
|
|
Number Outstanding
|
1
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
6
|
|
|
|
|
Date of Latest Mortgage Created
|
23/03/2011
|
|
Date of Latest Satisfaction
|
05/04/2011
|
Details of most recent Mortgages, Charges
and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
05/04/2011
|
23/03/2011
|
Debenture
|
MG01
|
Wells Fargo Capital Finance, Llc (The Agent)
|
|
05/04/2011
|
24/02/1998
|
18/02/1998
|
Rental Deposit Deed
|
395
|
M & C Switchgear Limited
|
|
25/02/1997
|
01/10/1994
|
28/09/1994
|
Rent Deposit Deed
|
395
|
Courtaulds Cif Nominees Limited
|
|
25/02/1997
|
13/06/1988
|
10/06/1988
|
Mortgage
|
N/A
|
Lloyds Bank Plc
|
|
25/02/1997
|
01/03/1988
|
29/02/1988
|
Legal Mortgage
|
N/A
|
Lloyds Bank Plc
|
|
03/07/1989
|
02/04/1987
|
20/03/1987
|
Debenture
|
N/A
|
Lloyds Bank Plc
|
|
03/07/1989
|
|
29/06/1951
|
Debenture
|
N/A
|
|
|
It should be noted that there is no legal requirement to file
satisfaction details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
18/03/2011
|
Companies House Gazette
|
Any amendment to company's articles (including every resolution or
agreement required to be embodied in or annexed to copies of the company's
articles issued by
|
|
17/03/2011
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
12/03/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
19/07/2007
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
02/05/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
14/12/2005
|
Companies House Gazette
|
Change among directors of a company
|
|
24/09/2005
|
Companies House Gazette
|
"Resolutions which give vary
|
|
24/09/2005
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
24/09/2005
|
Companies House Gazette
|
Special resolutions passed under section 95 disapplication of
pre-emption rights
|
|
24/10/2003
|
Companies House Gazette
|
Change among directors of a company
|
|
27/12/2002
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
27/12/2002
|
Companies House Gazette
|
"Resolutions which give vary
|
|
15/11/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
09/01/2002
|
Companies House Gazette
|
Special resolutions passed under section 95 disapplication of
pre-emption rights
|
|
09/01/2002
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
09/01/2002
|
Companies House Gazette
|
"Resolutions which give vary
|
|
12/04/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
17/02/1999
|
Companies House Gazette
|
Change among directors of a company
|
|
20/01/1998
|
Companies House Gazette
|
Change among directors of a company
|
|
10/03/1993
|
Companies House Gazette
|
Change among directors of a company
|
Company Secretary
|
Secretary
|
MICHAEL RATHBONE
|
|
Service Address
|
16 EDEN AVENUE, WINSFORD, CHESHIRE, CW7 3AS.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
16/04/1958
|
|
Appointment Date
|
15/10/1991
|
|
Other Directorships
|
GRAINGER SMITH LIMITED, JIFFY PACKAGING COMPANY LIMITED
|
Directors
|
Accountant
|
MICHAEL RATHBONE
|
|
Service Address
|
16 EDEN AVENUE, WINSFORD, CHESHIRE, CW7 3AS.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
16/04/1958
|
|
Appointment Date
|
06/01/1998
|
|
Other Directorships
|
GRAINGER SMITH LIMITED, JIFFY PACKAGING COMPANY LIMITED
|
|
Director
|
GEORGE LADLEY
|
|
Service Address
|
5 DELAMERE PARK WAY EAST, CUDDINGTON, NORTHWICH, CHESHIRE, CW8 2UE.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
26/09/1948
|
|
Appointment Date
|
15/10/1991
|
|
Other Directorships
|
GRAINGER SMITH LIMITED
|
|
Operations Director
|
ANTHONY PETRIE
|
|
Service Address
|
THE ELMS, CASSIA GREEN, MARTON, CHESHIRE, CW7 2PZ.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
29/01/1960
|
|
Appointment Date
|
08/02/1999
|
|
Other Directorships
|
CASSIA GARDENS MANAGEMENT COMPANY LIMITED
|
|
Director
|
MR FRANCISCO GASPAR
|
|
Service Address
|
1 AVENUE LOUIS VAU 2, WATERLOO, BELGIUM, 1410.
|
|
Country of Origin
|
SPAIN
|
|
Date of Birth
|
25/04/1964
|
|
Appointment Date
|
10/03/2010
|
|
Other Directorships
|
JIFFY PACKAGING COMPANY LIMITED
|
|
Director
|
MR LEON VLIEGEN
|
|
Service Address
|
PREGIS NV BODEMSTRAAT 11, WELLEN, BELGIUM, 3830.
|
|
Country of Origin
|
BELGIUM
|
|
Date of Birth
|
29/06/1961
|
|
Appointment Date
|
16/03/2011
|
|
Other Directorships
|
JIFFY PACKAGING COMPANY LIMITED, PREGIS (UK) HOLDING I LIMITED
|
Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
6,242,433
|
|
Principal Shareholder
|
6,242,433 Pregis (UK) Holding 1 Ltd
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
|
Holding Company
|
PREGIS (UK) HOLDING I LIMITED
|
|
Ultimate Parent
|
AEA INVESTORS LLC, a company incorporated in USA
|
Financial Data– Statutory Accounts
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
22271
|
24185
|
25024
|
24655
|
|
Cost of goods sold
|
19452
|
21222
|
21737
|
21934
|
|
GROSS PROFIT
|
2819
|
2963
|
3287
|
2721
|
|
Wages and Salaries
|
2792
|
2820
|
2929
|
3132
|
|
Directors Emoluments
|
278
|
277
|
339
|
351
|
|
Auditors Fees
|
31
|
31
|
28
|
27
|
|
Non-Audit Fees
|
|
|
5
|
11
|
|
Trading Profit
|
697
|
682
|
994
|
561
|
|
Depreciation
|
380
|
381
|
350
|
389
|
|
OPERATING PROFIT
|
317
|
301
|
644
|
172
|
|
Non Trading Income
|
577
|
1114
|
500
|
429
|
|
Interest Payable
|
426
|
429
|
382
|
361
|
|
PRE TAX PROFIT
|
468
|
986
|
762
|
240
|
|
Taxation
|
45
|
249
|
229
|
234
|
|
PROFIT AFTER TAX
|
423
|
737
|
533
|
6
|
|
RETAINED PROFITS
|
423
|
737
|
533
|
6
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
2808
|
3161
|
3598
|
4249
|
|
Tangible Assets
|
2039
|
2282
|
2609
|
3150
|
|
Fixed Assets
|
902
|
1346
|
1274
|
1540
|
|
Intermediate assets
|
1137
|
936
|
1335
|
1610
|
|
Intangible Assets
|
769
|
879
|
989
|
1099
|
|
TOTAL CURRENT ASSETS
|
9688
|
9102
|
8323
|
7363
|
|
Trade debtors
|
4387
|
4287
|
4663
|
4587
|
|
Stocks
|
1511
|
1505
|
1679
|
1577
|
|
Other Current Assets
|
3790
|
3310
|
1981
|
1199
|
|
Misc Current Assets
|
373
|
334
|
612
|
549
|
|
Due From Group
|
2105
|
1891
|
599
|
289
|
|
Cash
|
1312
|
1085
|
770
|
361
|
|
TOTAL ASSETS
|
12496
|
12263
|
11921
|
11612
|
|
TOTAL CURRENT LIABILITIES
|
4580
|
4855
|
4742
|
4818
|
|
Trade creditors
|
2930
|
3369
|
3307
|
3276
|
|
Short Term Loans
|
452
|
403
|
209
|
366
|
|
Due To Group
|
452
|
403
|
209
|
366
|
|
Other Liabilities
|
1198
|
1083
|
1226
|
1176
|
|
WORKING CAPITAL
|
5108
|
4247
|
3581
|
2545
|
|
TOTAL LONG TERM LIABS
|
|
|
|
728
|
|
Other Liabilities
|
|
|
|
728
|
|
NET ASSETS/(LIABILITIES)
|
7916
|
7408
|
7179
|
6066
|
|
SHARE CAPITAL + RESERVES
|
7916
|
7408
|
7179
|
6066
|
|
Share Cap + Sundry Res
|
6242
|
6242
|
6242
|
9463
|
|
Issued Share Capital
|
6242
|
6242
|
6242
|
9463
|
|
Profit and Loss account
|
1674
|
1166
|
937
|
(3397)
|
|
SHAREHOLDERS FUNDS
|
7916
|
7408
|
7179
|
6066
|
|
CAPITAL EMPLOYED
|
7916
|
7408
|
7179
|
6794
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Directors Remuneration
|
278
|
277
|
339
|
351
|
|
Auditors Remuneration
|
31
|
31
|
28
|
27
|
|
Liquid Assets
|
5699
|
5372
|
5433
|
4948
|
|
Net Working Capital
|
5108
|
4247
|
3581
|
2545
|
|
Other Deferred Liabs
|
|
|
|
728
|
|
Tangible Net Worth(T.N.W)
|
7147
|
6529
|
6190
|
4967
|
|
Equity
|
7916
|
7408
|
7179
|
6066
|
|
Number of Years Trading
|
100
|
99
|
98
|
97
|
|
Number of Employees
|
115
|
122
|
123
|
126
|
|
Profit per Employee
|
4069.6
|
8082
|
6195.1
|
1904.8
|
|
Sales per Employee
|
193660.9
|
198237.7
|
203447.2
|
195674.6
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Current Ratio
|
2.1
|
1.9
|
1.8
|
1.5
|
|
Pre Tax Profit Margin%
|
2.1
|
4.1
|
3
|
1
|
|
Gross Profit%
|
12.7
|
12.3
|
13.1
|
11
|
|
Debtors Days (D.S.O)
|
72
|
65
|
68
|
68
|
|
Creditors Days (D.P.O)
|
48
|
51
|
48
|
48
|
|
Quick Ratio
|
1.8
|
1.6
|
1.4
|
1.2
|
|
W.I.P/Inventory Days
|
28.4
|
25.9
|
28.2
|
26.2
|
|
Return on Investment%
|
10.7
|
18.1
|
15.5
|
8.4
|
|
Return on Assets%
|
3.7
|
8
|
6.4
|
2.1
|
|
T.N.W/Total Assets%
|
57.2
|
53.2
|
51.9
|
42.8
|
|
Return on Capital%
|
5.9
|
13.3
|
10.6
|
3.5
|
|
Rtn on Shareholders Funds%
|
5.9
|
13.3
|
10.6
|
4
|
|
Working Capital/Sales%
|
22.9
|
17.6
|
14.3
|
10.3
|
|
Borrowing Ratio%
|
6.3
|
6.2
|
3.4
|
7.4
|
|
Equity Gearing%
|
172.8
|
152.6
|
151.4
|
109.4
|
|
Stock Turnover
|
14.7
|
16.1
|
14.9
|
15.6
|
|
Days Purchases Outstanding
|
55
|
57.9
|
55.5
|
54.5
|
|
Sales/Fixed Assets
|
24.7
|
18
|
19.6
|
16
|
Key Industry Sector Trends
|
Year
|
2011
|
2010
|
2009
|
2008
|
|
Sample Size
|
62
|
4116
|
6392
|
6513
|
|
Pre-Tax Profit Margin
|
8.7
|
3.7
|
2.5
|
3.6
|
|
Current Ratio
|
1.6
|
1.6
|
1.7
|
1.5
|
|
Borrowing Ratio
|
59.8
|
92
|
94.6
|
104.4
|
|
Return on Capital
|
32.9
|
21.9
|
19.9
|
25.7
|
|
Creditors Days
|
27
|
54
|
51
|
54
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Wholesale of non-agricultural intermediate
products, waste and scrap
|
Financial Summary
Auditors Qualification
The Auditors have expressed a clean opinion (i.e.
unqualified with no referrals) on the accounts for the period ended
31/12/2009.
Turnover
Turnover reduced from GBP 24,185,000 to GBP 22,271,000, a
decrease of 8 % in the period.
Operating Profit
Totalled GBP 317,000. In the year prior a Profit of GBP 301,000
was achieved.
Pre Tax Profit
The subject's profit decreased by 52 % over the previous
year.
Working Capital
The company's working capital has improved in the period
by 20 %.
Fixed Assets
The subject's fixed assets reduced during the year by GBP 353,000
to GBP 2,808,000 and are now 22 % of total assets compared with 25 % in the
previous year.
|
