Staeger Packaging Solutions Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04026808 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

STAEGER PACKAGING SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C P Page

T Seufert

SECRETARY:

Ms M J Jones

REGISTERED OFFICE:

Units 6-8 Buckingham Close

St George’s Way

Bermuda Industrial Estate

Nuneaton

West Midlands

CV10 7JT

REGISTERED NUMBER:

04026808 (England and Wales)

AUDITORS:

Accumen Business Consultancy Limited

Coventry University

Technology Park

Puma Way

Coventry

CV1 2TT

FIXED ASSETS

Intangible assets

4

45,450

26,000

Tangible assets

5

192,340

233,657

237,790

259,657

CURRENT ASSETS

Stocks

125,658

124,311

Debtors

6

774,297

1,082,352

Cash at bank

497,439

463,722

1,397,394

1,670,385

CREDITORS

Amounts falling due within one year

7

182,652

277,935

NET CURRENT ASSETS

1,214,742

1,392,450

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,452,532

1,652,107

PROVISIONS FOR LIABILITIES

91,166

72,065

NET ASSETS

1,361,366

1,580,042

CAPITAL AND RESERVES

Called up share capital

8

112,500

Retained earnings

1,248,866

1,467,542

SHAREHOLDERS' FUNDS

1,361,366

1,580,042

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2026 and were signed on its behalf by:

C P Page - Director

1.	STATUTORY INFORMATION

Staeger Packaging Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue recognition

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, usually on dispatch of the goods, excluding discounts and value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Tangible fixed assets are recognised at cost and subsequently measured under the historical cost model being cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes any direct expenditure incurred to bring the asset to its current location and condition necessary for the asset to work as intended by management.

Repairs and maintenance costs are charged to the statement of comprehensive income in the period in which they are incurred.

Depreciation is calculated so as to write off the cost of tangible fixed assets by equal instalments over their estimated useful lives as follows:

Land and buildings - Straight line over 10 years

Plant and machinery etc - Straight line over 10 years

Fixtures and Fittings - Straight line over 10 years

Any gains and losses on the disposal of tangible fixed assets are recognised in the statement of comprehensive income in the year that the disposal takes place.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. The cost of raw materials includes all costs in bringing the product to is current location and condition, whilst the cost of finished goods includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Stocks are maintained on a first in, first out basis.

As stocks are sold, the carrying amount of those stocks is recognised as an expense in the year in which he related revenue is recognised.

At each reporting date, stocks are assessed for impairment and due allowances are made for obsolete and slow-moving items to reduce the carrying amount of these goods and their estimated selling price less costs to complete and sell. The amount of any write-down is recognised as an expense in the year that the write-down occurs. The reversal of any previous write-down is recognised as a reduction in the amount of stock expensed in the year that the reversal occurs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is shorter.

The interest element of these obligations is charged to the statement of comprehensive income over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the statement of comprehensive income on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the statement of comprehensive income in the period to which they relate to.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

26,000

Additions

19,450

At 31 December 2025

45,450

NET BOOK VALUE

At 31 December 2025

45,450

At 31 December 2024

26,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2025

and 31 December 2025

11,355

1,137,919

1,149,274

DEPRECIATION

At 1 January 2025

1,893

913,724

915,617

Charge for year

2,271

39,046

41,317

At 31 December 2025

4,164

952,770

956,934

NET BOOK VALUE

At 31 December 2025

7,191

185,149

192,340

At 31 December 2024

9,462

224,195

233,657

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

303,368

309,124

Amounts owed by group undertakings

337,602

645,828

Other debtors

133,327

127,400

774,297

1,082,352

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

88,909

53,853

Taxation and social security

72,053

74,443

Other creditors

21,690

149,639

182,652

277,935

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

112,500

Ordinary

1

112,500

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Tejinder Saran (Senior Statutory Auditor)

for and on behalf of Accumen Business Consultancy Limited

10.	OTHER FINANCIAL COMMITMENTS

Total financial commitments and guaranteed which are not included in the balance sheet, amount to £142,473 (2024: £142,473).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

D T Freeman

Balance outstanding at start of year

-

936

Amounts advanced

-

2,048

Amounts repaid

-

(2,984

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

C P Page

Balance outstanding at start of year

-

Amounts advanced

51

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

51

-

12.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Related party transactions with Stager & Co AG have not been disclosed as the company is a wholly owned subsidiary of Stager & Co AG and is included within the consolidated accounts of the group.

13.	POST BALANCE SHEET EVENTS

During a meeting planned for 27 March 2026, the directors will declare a dividend of £1.33 per share, amounting to a total of £150,000. The dividend will be payable on 31 March 2026 to shareholders on the register as of 31 December 2025.

This dividend has not been provided for in the financial statements as at 31 December 2025, as it was declared after the balance sheet date. The total dividend payable will be recognised in the financial statements for the year ending 31 December 2026.

14.	ULTIMATE PARENT COMPANY

The company's ultimate parent company is Convaso Holding AG, a company incorporated in Switzerland.

The company is a wholly-owned subsidiary of Stager & Co AG, which is the group in which the results of the company are consolidated.

The registered office and principal place of business of Stager & Co AG is Luzernerstrasse 61, Muri AG, 5630, Switzerland.