How much does Cepac Limited make?

Cepac Limited reported revenue of £111m and £648k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Cepac Limited have?

Cepac Limited reported an average of 450 employees in the year to 31 Dec 2025.

Is Cepac Limited profitable?

Yes — Cepac Limited reported a profit of £648k in the year to 31 Dec 2025.

Company No. 03373762 · Incorporated 20 May 1997

Cepac Limited

Registered name: CEPAC LIMITED

Cepac Limited made £111m revenue and £648k profit in the year to 31 Dec 2025.

Cepac Limited’s revenue fell 5% to £111m in the year to 31 Dec 2025, with £648k profit and 450 employees. The company is classified under “manufacture of other paper and paperboard containers” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 17219Manufacture of other paper and paperboard containers

Status: Active
Location: London, London
Age: 29 yrs · since 1997
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCash flow filed

Revenue

£111m

Growth ▼4.6%

Profit

£648k

Growth ▼14.8%

Profit margin

0.6%

Gross 35.4%

Employees

450

Change ▼1.1%

Profit / employee

£1.4k

Revenue/employee £247k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£134m	£126m	£117m	£111m
Cost of sales	£94.9m	£82m	£76.7m	£71.9m
Gross profit	£38.6m	£44.1m	£39.8m	£39.3m
Operating profit	£8m	£7.2m	£1.6m	£938k
Profit before tax	£7.9m	£6.9m	£1.3m	£797k
Profit after tax	£6.3m	£5.2m	£760k	£648k
Profit (best available)	£6.3m	£5.2m	£760k	£648k
Staff costs	£23.9m	£26.1m	£25.4m	£25.7m
Employees (average)	525	525	455	450
Ratios
Profit margin	4.7%	4.1%	0.7%	0.6%
Gross margin	28.9%	35%	34.2%	35.4%
Revenue per employee	£254k	£240k	£256k	£247k
Profit per employee	£12.1k	£10k	£1.7k	£1.4k
Cash conversion	89.9%	152.4%	571.8%	1067%
Growth (year on year)
Revenue growth	—	▼5.5%	▼7.6%	▼4.6%
Profit growth	—	▼17.4%	▼85.5%	▼14.8%
Headcount growth	—	0%	▼13.3%	▼1.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£9.9m	£4.5m	£7.2m	£4.9m
Net assets	£61.7m	£65.9m	£64.9m	£63.7m
Fixed assets	£29.3m	£45.4m	£47.8m	£46.6m
Current assets	£50.6m	£43.9m	£43.4m	£36.7m
Debtors	£29.4m	£25m	£23.3m	£22.2m
Deferred income	£2m	£3.5m	£2.4m	£2.2m
Cash from operations	£7.2m	£11m	£9m	£10m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 0.6%; Profit ÷ revenue.
Gross margin: 35.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £247k; Revenue ÷ average employees.
Profit per employee: £1.4k; Profit ÷ average employees.
Cash conversion: 1067%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 41.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼2%; Now £63.7m
Cash at bank: ▼31%; Now £4.9m
Headcount: ▼1%; Now 450
Deferred income: ▼7%; Now £2.2m
Fixed assets: ▼2%; Now £46.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £648k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.