MCSHANE PACKAGING LIMITED
Company number NI056593 · Monitor this company
Executive summary
McShane Packaging demonstrates solid financial fundamentals with net assets of £3.89M having grown consistently over the past decade, low leverage at 26% liabilities-to-equity, and an improved current ratio of 1.43x. However, the 59% decline in cash to £215,677 and absence of P&L disclosure warrant conditional rather than unconditional approval, requiring clarification on cash movements and trading performance before committing significant facilities. The company's substantial tangible asset base provides good collateral coverage, but the plastics manufacturing sector faces material ESG headwinds that must be factored into longer-term credit assessments.
Shareholders' funds
£3,417,422
Balance sheet as at 2025-10-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2005-09-22
- Employees
- 55 (2025 accounts · was 41 in 2024)
- Registered office
- 12a Aghanore Road, Armagh, Northern Ireland, BT61 8DJ
- Postcode
- BT61 8DJ
- Capital
- 1 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-10-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2025-09-22
- Next due by
- 2026-10-06
Nature of business (SIC)
- 22220 Manufacture of plastic packing goods
Officers 6 current · 4 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZA765896 (Tier 2), registered since 2020.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- mcshanepackaging.com
- Phone
- 02837524600
Among its peers
Top 25%
by shareholders' funds, of 8 similar companies in BT
Among the biggest employers among its local peers (55 staff).
Trading since 2005.
Competitors Belfast
-
5. PRIMEPAC LTD
This company ranks 2 among manufacture of plastic packing goods in Belfast.
The class of 2005
34%
of the 154,486 companies incorporated in 2005 are still active today; 63% have since been dissolved.
A fact about the year, not a forecast for this company.