Vaiopak Limited
Registered name: VAIOPAK LIMITED
Part of Zeus Packaging Investments (UK) Limited groupVaiopak Limited made £3.6m revenue and £505k profit in the year to 31 Dec 2023.
Vaiopak Limited’s revenue fell 35% to £3.6m in the year to 31 Dec 2023, with £505k profit. The company is classified under “packaging activities” and is based in Lutterworth; we hold 2 years of its filed accounts.
- Status
- Liquidation
- Location
- Lutterworth
- Age
- 21 yrs · since 2005
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £5.5m | £3.6m |
| Cost of sales | −£4m | −£2.7m |
| Gross profit | £1.5m | £871k |
| Operating profit | £1.4m | £669k |
| Profit before tax | £1.4m | £653k |
| Profit after tax | £1.1m | £505k |
| Profit (best available) | £1.1m | £505k |
| Employees (average) | — | — |
| Ratios | ||
| Profit margin | 20.2% | 14% |
| Gross margin | 27.4% | 24.1% |
| Growth (year on year) | ||
| Revenue growth | — | ▼34.7% |
| Profit growth | — | ▼54.7% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2024 |
How the business works
- Profit margin
- 14%
- Profit ÷ revenue.
- Gross margin
- 24.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Zeus Packaging Investments (UK) Limitedultimate parent75–100%
- Vaiopak Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (12)
- Empire Tapes LtdRev. £17m · Profit −£549k
- James Hamilton & Company (Lurgan) LimitedRev. £14.4m · Profit £676k
- Simpac (Holdings) LimitedRev. £0 · Profit £844k
- Box - Mart LimitedFigures not disclosed
- Sam McLernon Holdings LimitedFigures not disclosed
- Smith Bateson Holdings LimitedFigures not disclosed
- Swanline Holdings LtdFigures not disclosed
- Swanline Paper & Board LimitedLiquidationFigures not disclosed
- Weedon Holdings LimitedRev. — · Profit £103k
- Zeus Packaging (Ep) LimitedFigures not disclosed
- Zeus Packaging (Ni) LimitedFigures not disclosed
- Zeus Packaging (UK) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2023 (profit £505k), from the Companies House accounts bulk data published Oct 2024. Spotted an error? Request a correction.
Updated from Companies House on 19 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.