{"name":"SPEEDPAC LIMITED","company_number":"03916021","status":"Active","type":"Private Limited Company","incorporated":"2000-01-25","dissolved":null,"registered_office":"3 Coldbath Square, London, England, EC1R 5HL","postcode":"EC1R 5HL","sic_codes":[{"code":82920,"description":"Packaging activities"}],"principal_activity":null,"previous_names":[{"name":"P & B FULFILMENT LIMITED","changed_on":"2001-11-20"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":32,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","net_assets":1460888,"cash":50845,"average_employees":32},{"financial_date":"2024-12-31","net_assets":1263764,"cash":21523,"average_employees":28},{"financial_date":"2023-12-31","net_assets":1208960,"cash":94990,"average_employees":47},{"financial_date":"2022-12-31","net_assets":-1184924,"cash":82352},{"financial_date":"2021-12-31","net_assets":-573001,"cash":90583}],"officers":{"current":4,"resigned":6,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":4,"outstanding":2},"gazette_notices":[{"date":"2026-09-15","kind":"other"}],"insolvency_outcome":null,"ai_summary":"Speedpac Limited presents a high-risk investment profile characterised by deeply negative shareholders' equity (-£1.7M) and complete dependence on shareholder loans (£2.96M) to remain solvent. The 77% decline in cash reserves and 40% workforce reduction during 2024 signal acute operational and liquidity pressure, despite a seemingly adequate current ratio. The company's continuation is contingent upon sustained shareholder support, and any withdrawal of this funding would likely trigger insolvency. Thorough investigation of the shareholders' loan terms, debtor recoverability, and the controlling shareholder's financial capacity is essential before any commitment.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/speedpac","people":"https://www.companiesintheuk.co.uk/company/speedpac/people","filing_history":"https://www.companiesintheuk.co.uk/company/speedpac/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03916021","financials":"https://www.companiesintheuk.co.uk/company/speedpac/financial","gazette":"https://www.companiesintheuk.co.uk/company/speedpac/gazette","control":"https://www.companiesintheuk.co.uk/company/speedpac/control","charges":"https://www.companiesintheuk.co.uk/company/speedpac/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/speedpac/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/speedpac"}