Modplan Limited
Registered name: MODPLAN LIMITED
Part of Burles Modplan Ltd groupModplan Limited made £25.3m revenue and £500k profit in the year to 31 Dec 2025. read from filing text
Modplan Limited’s revenue grew 11% to £25.3m in the year to 31 Dec 2025, with £500k profit and 219 employees. The company is classified under “manufacture of other plastic products” and is based in Abercarn; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Abercarn, Wales
- Age
- 42 yrs · since 1984
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company's”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £26.1m | £23.5m | £22.7m | £25.3m |
| Cost of sales | £20.1m | £18.2m | £17.4m | £19.4m |
| Gross profit | £6m | £5.3m | £5.4m | £5.9m |
| Operating profit | £1.1m | £331k | £631k | £821k |
| Profit before tax | £864k | £151k | £502k | £703k |
| Profit after tax | £732k | £137k | £374k | £500k |
| Profit (best available) | £732k | £137k | £374k | £500k |
| Staff costs | £6.7m | £6.6m | £6.6m | £7.6m |
| Employees (average) | 256 | 230 | 216 | 219 |
| Ratios | ||||
| Profit margin | 2.8% | 0.6% | 1.7% | 2% |
| Gross margin | 22.9% | 22.5% | 23.6% | 23.2% |
| Revenue per employee | £102k | £102k | £105k | £115k |
| Profit per employee | £2.9k | £595 | £1.7k | £2.3k |
| Cash conversion | −79.5% | −603.1% | −141.1% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼9.8% | ▼3.4% | ▲11.2% |
| Profit growth | — | ▼81.3% | ▲173.5% | ▲33.6% |
| Headcount growth | — | ▼10.2% | ▼6.1% | ▲1.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £601k | £1.8m | £1.8m | £1.7m |
| Net assets | £4.4m | £4.5m | £4.9m | £5.4m |
| Fixed assets | £2.9m | £2.9m | £2.6m | £2.8m |
| Current assets | £5.2m | £6.1m | £6.2m | £6.6m |
| Debtors | £2.7m | £2.8m | £2.8m | £2.8m |
| Deferred income | £64.4k | £312k | £249k | £84.3k |
| Cash from operations | −£846k | −£2m | −£891k | — |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 2%
- Profit ÷ revenue.
- Gross margin
- 23.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £115k
- Revenue ÷ average employees.
- Profit per employee
- £2.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 11.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲10%
- Now £5.4m
- Cash at bank
- ▼8%
- Now £1.7m
- Headcount
- ▲1%
- Now 219
- Deferred income
- ▼66%
- Now £84.3k
- Fixed assets
- ▲7%
- Now £2.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Burles Modplan Ltdultimate parent75–100%
- Modplan Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Versatile LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £500k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.