PACKMAN GROUP LIMITED


Directors	DECAIX, Jean-Baptiste Christian Marie
	HAYWARD, Timothy Keith
	NEWTON-HILL, Owen Glyn
	PFAFF, Walter Michael


Registered Address	Topmark House Potters Lane
	Topmark House
	Wednesbury
	WS10 7JX


Registered Number	16612441 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025
		£	£
Fixed assets
Investments			4,747,310
			4,747,310
Current assets
Cash at bank and on hand		5,260
		5,260
Creditors amounts falling due within one year	3	(184,411)
Net current assets (liabilities)			(179,151)
Total assets less current liabilities			4,568,159
Creditors amounts falling due after one year	4		(4,583,527)
Net assets			(15,368)
Capital and reserves
Called up share capital			180
Profit and loss account			(15,548)
Shareholders' funds			(15,368)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 3 July 2026, and are signed on its behalf by:

NEWTON-HILL, Owen Glyn
Director
Registered Company No. 16612441

PACKMAN GROUP LIMITED

Notes to the Financial Statements
for the period ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The company is exempt from the requirement to prepare consolidated financial statements by virtue of the small group exemption in section 399 of the Companies Act 2006. The group headed by the company qualifies as a small group in accordance with section 383 of the Companies Act 2006.

	Going concern
	The financial statements have been prepared on a going concern basis. At 30 September 2025 the company had net liabilities of £15,368 and net current liabilities of £179,151. The company meets its day-to-day working capital and financing requirements through the continuing support of its subsidiary undertaking, Quantum Print & Packaging. Quantum Print & Packaging has confirmed its intention and ability to provide such financial support as is necessary to enable the company to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements. The directors have reviewed the financial position and forecasts of Quantum Print & Packaging and are satisfied it has the ability to provide that support. On that basis the directors consider it appropriate to adopt the going concern basis in preparing these financial statements.

Going concern

The financial statements have been prepared on a going concern basis. At 30 September 2025 the company had net liabilities of £15,368 and net current liabilities of £179,151. The company meets its day-to-day working capital and financing requirements through the continuing support of its subsidiary undertaking, Quantum Print & Packaging. Quantum Print & Packaging  has confirmed its intention and ability to provide such financial support as is necessary to enable the company to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements. The directors have reviewed the financial position and forecasts of Quantum Print & Packaging and are satisfied it has the ability to provide that support. On that basis the directors consider it appropriate to adopt the going concern basis in preparing these financial statements.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2025
	Average number of employees during the year	1

3.	Creditors: amounts due within one year

		2025
		£
	Trade creditors / trade payables	3,047
	Amounts owed to related parties	179,164
	Taxation and social security	2,200
	Total	184,411

4.	Creditors: amounts due after one year

		2025
		£
	Bank borrowings and overdrafts	2,333,617
	Other creditors	2,249,910
	Total	4,583,527

5.	Parent-subsidiary relationships
	Investments Fixed asset investments comprise the cost of the company's investment in its subsidiary undertaking, as follows: Additions in the period £4,747,310 Cost and net book value at 30 September 2025 £4,747,310 The company holds the following subsidiary undertaking: Name: Quantum Print and Packaging Registered office: Topmark House, Potters Lane, Wednesbury, West Midlands, WS10 7JX Class of shares held: Ordinary Proportion held: 100% Principal activity: Manufacture of other paper and paperboard containers The investment is carried at cost less any accumulated impairment losses.

Parent-subsidiary relationships

Investments

Fixed asset investments comprise the cost of the company's investment in its subsidiary undertaking, as follows:


Additions in the period	                                                    £4,747,310
Cost and net book value at 30 September 2025	            £4,747,310

The company holds the following subsidiary undertaking:

Name: Quantum Print and Packaging
Registered office: Topmark House, Potters Lane, Wednesbury, West Midlands, WS10 7JX
Class of shares held: Ordinary
Proportion held:  100%
Principal activity: Manufacture of other paper and paperboard containers                                   
		
The investment is carried at cost less any accumulated impairment losses.