How much does International Plastic Systems Limited make?

International Plastic Systems Limited reported revenue of £18.9m and £2.6m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does International Plastic Systems Limited have?

International Plastic Systems Limited reported an average of 61 employees in the year to 31 Dec 2025.

Is International Plastic Systems Limited profitable?

Yes — International Plastic Systems Limited reported a profit of £2.6m in the year to 31 Dec 2025.

Company No. 02506365 · Incorporated 29 May 1990

International Plastic Systems Limited

Registered name: INTERNATIONAL PLASTIC SYSTEMS LIMITED

Part of Indutrade Ab group

International Plastic Systems Limited made £18.9m revenue and £2.6m profit in the year to 31 Dec 2025. read from filing text

International Plastic Systems Limited’s revenue fell 11% to £18.9m in the year to 31 Dec 2025, with £2.6m profit and 61 employees. The company is classified under “wholesale of other intermediate products” and is based in County Durham; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46760Wholesale of other intermediate products

Status: Active
Location: County Durham, North East
Age: 36 yrs · since 1990
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 immediate parent company is Indutrade UK Limited. The ultimate controlling party is Indutrade AB, a company listed on the Stockholm Stock Exchange.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£18.9m

Growth ▼11.4%

Profit

£2.6m

Growth ▼23.5%

Profit margin

13.7%

Gross 44%

Employees

Change ▼3.2%

Profit / employee

£42.4k

Revenue/employee £309k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£21.3m	£18.9m
Cost of sales	£12.1m	£10.6m
Gross profit	£9.2m	£8.3m
Operating profit	£4.6m	£3.6m
Profit before tax	£4.5m	£3.5m
Profit after tax	£3.4m	£2.6m
Profit (best available)	£3.4m	£2.6m
Staff costs	£2.8m	£2.9m
Employees (average)	63	61
Ratios
Profit margin	15.9%	13.7%
Gross margin	43%	44%
Revenue per employee	£338k	£309k
Profit per employee	£53.7k	£42.4k
Growth (year on year)
Revenue growth	—	▼11.4%
Profit growth	—	▼23.5%
Headcount growth	—	▼3.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1k	£4.6k
Net assets	£6m	£5m
Fixed assets	£714k	£1m
Current assets	£7.6m	£6.3m
Debtors	£3.7m	£2.8m
Deferred income	£457k	£180k
Source	FullAccounts · bulk data Mar 2026	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 13.7%; Profit ÷ revenue.
Gross margin: 44%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £309k; Revenue ÷ average employees.
Profit per employee: £42.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼15%; Now £5m
Cash at bank: ▲329%; Now £4.6k
Headcount: ▼3%; Now 61
Deferred income: ▼61%; Now £180k
Fixed assets: ▲41%; Now £1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Indutrade Ab (registered outside the UK register)ultimate parent75–100%
International Plastic Systems Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.6m), from the Companies House accounts bulk data published Mar 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.