Blowplast Limited
Registered name: BLOWPLAST LIMITED
Blowplast Limited made £40m revenue and £2.6m profit in the year to 31 Mar 2025.
Blowplast Limited’s revenue grew 2% to £40m in the year to 31 Mar 2025, with £2.6m profit and 102 employees. The company is classified under “manufacture of other plastic products” and is based in High Wycombe; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- High Wycombe, South East
- Age
- 38 yrs · since 1988
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £42.1m | £39.2m | £40m |
| Cost of sales | £27.2m | £22.1m | £22.1m |
| Gross profit | £14.9m | £17m | £17.9m |
| Operating profit | £2.8m | £3.3m | £2.5m |
| Profit before tax | £3m | £3.8m | £2.8m |
| Profit after tax | £2.5m | £3.5m | £2.6m |
| Profit (best available) | £2.5m | £3.5m | £2.6m |
| Staff costs | £3.2m | £3.7m | £3.9m |
| Employees (average) | 93 | 92 | 102 |
| Ratios | |||
| Profit margin | 5.9% | 9% | 6.5% |
| Gross margin | 35.4% | 43.5% | 44.7% |
| Revenue per employee | £453k | £426k | £392k |
| Profit per employee | £26.7k | £38.5k | £25.6k |
| Cash conversion | 118.2% | −79.8% | −247.2% |
| Growth (year on year) | |||
| Revenue growth | — | ▼6.9% | ▲2% |
| Profit growth | — | ▲42.7% | ▼26.5% |
| Headcount growth | — | ▼1.1% | ▲10.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.1m | £525k | £1.3m |
| Net assets | £15.6m | £17.2m | £11.8m |
| Fixed assets | £1.4m | £2.6m | £2.5m |
| Current assets | £25.6m | £20.1m | £19.3m |
| Debtors | £8.7m | £7.5m | £8m |
| Deferred income | £2.7m | £617k | £4.6m |
| Cash from operations | £3.3m | −£2.6m | −£6.1m |
| Source | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 6.5%
- Profit ÷ revenue.
- Gross margin
- 44.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £392k
- Revenue ÷ average employees.
- Profit per employee
- £25.6k
- Profit ÷ average employees.
- Cash conversion
- −247.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 11.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.1%
- 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
- ▼31%
- Now £11.8m
- Cash at bank
- ▲154%
- Now £1.3m
- Headcount
- ▲11%
- Now 102
- Deferred income
- ▲646%
- Now £4.6m
- Fixed assets
- ▼2%
- Now £2.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Minority corporate shareholders
- Virk Holdings Limited 25–50%
- Kbr22 Holdings Ltd 25–50%
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.6m), from the Companies House accounts bulk data published Dec 2025. 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.