Coveris Speciality Bags Limited

Active02133782 Private limited company
Incorporated
21 May 1987 (39 years)
Previously known as
Initial Packaging Solutions Limited (until 4 January 2023)
Polythene Converters Limited (until 28 April 2003)
Industry
Manufacture of plastic packing goods (22220)
Directors
Nikolaus Wolfram
Accounts type
Full
Region
East Midlands
Address
Holland Place Wardentree Park
Pinchbeck
Spalding
PE11 3ZN

Filing status

Accounts due
30 September 2027
Last accounts
31 December 2025
Conf. stmt due
24 November 2026
Last conf. stmt
10 November 2025

Charges

Total
13
Outstanding
3
Part satisfied
0
Satisfied
10

Officers 3 active

Officer details are public data from the Companies House register.

Director · Appointed 1 June 2026
British
Born July 1967 (59)
Wolfram, Nikolaus
Director · Appointed 4 November 2024
Austrian
Born March 1974 (52)
Director · Appointed 2 March 2021
British
Born August 1966 (60)
Officer history (8 former)
1 June 2026
Appointed Vickery, Ian as Director
11 May 2026
Resigned Ellis, Dylan John as Director
28 February 2025
Resigned Barber, Paul James as Director
15 January 2025
Appointed Ellis, Dylan John as Director
31 December 2024
Resigned Croft, Robert Brian as Director
4 November 2024
Resigned Davis, Martin John as Director
4 November 2024
Appointed Wolfram, Nikolaus as Director
1 October 2023
Appointed Barber, Paul James as Director
21 December 2022
Resigned Childs, Lee David as Secretary
21 December 2022
Resigned Childs, Lee David as Director
2 March 2021
Appointed Davis, Martin John as Director
2 March 2021
Appointed Matthews, Robert as Director
2 March 2021
Resigned Moulton, Keith Graham as Director
9 June 2011
Appointed Childs, Lee David as Secretary
9 June 2011
Appointed Childs, Lee David as Director
9 June 2011
Resigned Moulton, Keith Graham as Secretary

Ownership 1 active

People and entities with significant control, from the Companies House PSC register

Corporate entity · Notified 2 March 2021
Owns 75–100% of shares
Holds 75–100% of voting rights
Right to appoint and remove directors
Private Limited Company
Reg. no. 08339980
Former controllers (2)
2 March 2021
Ceased Robert Brian Croft — Owns 25–50% of shares
2 March 2021
Ceased Keith Graham Moulton — Owns 25–50% of shares

Group structure 9 companies

Ownership group derived from the Companies House PSC register

Coveris Flexibles (Gainsborough) UK Limited Holds 75–100% of voting rights
Coveris Louth Limited Owns 75–100% of shares
Coveris Speciality Bags Limited This company Owns 75–100% of shares
Coveris Winsford Limited Owns 75–100% of shares
Four04 Packaging Limited Owns 75–100% of shares
Polyprint Mailing Films Limited Owns 75–100% of shares
Recover Blaenavon Limited Owns 75–100% of shares
Recover Louth Limited Owns 75–100% of shares

Financials

Net Assets
£1,361,054
up £395,444 (41%)
Cash
£121,998
up £60,878 (100%)
Employees
35
down 3 (8%)
Debt Ratio
70%
Current Ratio
1.4x

Trend

Net Assets
£0 £500k £1.0M £1.5M 2020 2021 £965,610 £1,361,054
Balance sheet detail
20212020
Fixed Assets£760,620£879,061
Current Assets£3,789,701£4,162,456
Debtors£1,812,473£2,015,515
Cash£121,998£61,120
Creditors (< 1 year)£2,730,270£3,202,664
Creditors (> 1 year)£355,200£756,117
Net Current Assets£1,059,431£959,792
Net Assets£1,361,054£965,610
Shareholder Funds£1,361,054£965,610

Filings 161

DateDescriptionMade Up ToPagesPDF
10 September 2026Full accounts31 December 2025
24 June 2026Termination of appointment of a director
2 June 2026Appointment of a director
23 December 2025Share capital filing
23 December 2025Insolvency filing
Show all 161 filings

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