VG Cartoncare Ltd
Registered name: VG CARTONCARE LTD
VG Cartoncare Ltd made a £177k loss in the year to 31 Dec 2024 (revenue not disclosed).
VG Cartoncare Ltd reported a loss of £177k in the year to 31 Dec 2024; its revenue was not disclosed. It had 16 employees. The company is classified under “manufacture of other paper and paperboard containers” and is based in County Down; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- County Down, Northern Ireland
- Age
- 30 yrs · since 1996
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Van Genechten NV”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Profit only | Profit only | Profit only |
| Profit & loss | |||
| Revenue (turnover) | — | — | — |
| Profit after tax | −£8.3k | £35.4k | −£177k |
| Profit (best available) | −£8.3k | £35.4k | −£177k |
| Employees (average) | 19 | 16 | 16 |
| Ratios | |||
| Profit margin | — | — | — |
| Profit per employee | −£439 | £2.2k | −£11.1k |
| Growth (year on year) | |||
| Profit growth | — | — | ▼599.9% |
| Headcount growth | — | ▼15.8% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £633k | £581k | £263k |
| Net assets | £5.3m | £5.4m | £5.2m |
| Fixed assets | £4.2m | £4.4m | £4.4m |
| Current assets | £2.3m | £1.7m | £1.2m |
| Debtors | £189k | £249k | £188k |
| Deferred income | £23.7k | £23.9k | £50.4k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- −£11.1k
- 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
- ▼3%
- Now £5.2m
- Cash at bank
- ▼55%
- Now £263k
- Headcount
- 0%
- Now 16
- Deferred income
- ▲111%
- Now £50.4k
- Fixed assets
- ▼0%
- Now £4.4m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (2)
- VG Mso LtdRev. £22.5m · Profit £1.7m
- VG Pendragon LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- DS Smith Packaging LimitedLondon · Manufacture of other paper and paperboard containers
- Revenue
- £687m
- Profit
- £18.8m
- Staff
- 3,314
- Seda Pacprint (UK) LimitedBlackwood · Manufacture of other paper and paperboard containers
- Revenue
- £113m
- Profit
- £17.2m
- Staff
- 345
- Dimension Development LimitedLeicester · Manufacture of other paper and paperboard containers
- Revenue
- £29.4m
- Profit
- £2.8m
- Staff
- 159
- Moulded Fibre Products LimitedScunthorpe · Manufacture of other paper and paperboard containers
- Revenue
- £20.2m
- Profit
- £2.4m
- Staff
- 204
- Manor Packaging LimitedPeterborough · Manufacture of other paper and paperboard containers
- Revenue
- £14.9m
- Profit
- £2.3m
- Staff
- 88
- Cumberland Packaging LimitedBenfleet · Manufacture of other paper and paperboard containers
- Revenue
- £22.7m
- Profit
- £2.1m
- Staff
- 101
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£177k), from the Companies House accounts bulk data published Sep 2025. 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.