How much does Plastics Plus Limited make?

Plastics Plus Limited reported revenue of £10.2m and £31.3k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Plastics Plus Limited have?

Plastics Plus Limited reported an average of 40 employees in the year to 31 Dec 2025.

Is Plastics Plus Limited profitable?

Yes — Plastics Plus Limited reported a profit of £31.3k in the year to 31 Dec 2025.

Company No. 02558644 · Incorporated 15 Nov 1990

Plastics Plus Limited

Registered name: PLASTICS PLUS LIMITED

Plastics Plus Limited made £10.2m revenue and £31.3k profit in the year to 31 Dec 2025.

Plastics Plus Limited’s revenue fell 11% to £10.2m in the year to 31 Dec 2025, with £31.3k profit and 40 employees. The company is classified under “non-specialised wholesale trade” and is based in Wolverhampton; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: Wolverhampton, West Midlands
Age: 35 yrs · since 1990
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£10.2m

Growth ▼11%

Profit

£31.3k

Growth ▲27.3%

Profit margin

0.3%

Gross 16.3%

Employees

Change ▲2.6%

Profit / employee

£783

Revenue/employee £254k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.4m	£10.9m	£11.4m	£10.2m
Cost of sales	£10.3m	£9m	£9.5m	£8.5m
Gross profit	£2m	£1.9m	£1.9m	£1.7m
Operating profit	£257k	£139k	£33.4k	£18.1k
Profit before tax	£242k	£156k	£67k	£39.7k
Profit after tax	£194k	£117k	£24.6k	£31.3k
Profit (best available)	£194k	£117k	£24.6k	£31.3k
Staff costs	£2m	£1.9m	£2m	£1.9m
Employees (average)	39	37	39	40
Ratios
Profit margin	1.6%	1.1%	0.2%	0.3%
Gross margin	16.4%	17.2%	17%	16.3%
Revenue per employee	£317k	£295k	£293k	£254k
Profit per employee	£5k	£3.2k	£631	£783
Cash conversion	−6.2%	68.3%	−1671%	91%
Growth (year on year)
Revenue growth	—	▼11.8%	▲4.8%	▼11%
Profit growth	—	▼39.7%	▼79%	▲27.3%
Headcount growth	—	▼5.1%	▲5.4%	▲2.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.6m	£2.3m	£2.6m	£2.4m
Net assets	£2.5m	£2.6m	£2.7m	£2.7m
Fixed assets	£494k	£514k	£458k	£362k
Current assets	£5.6m	£5m	£5.3m	£5m
Debtors	£1.9m	£1.8m	£1.6m	£1.6m
Cash from operations	−£16.1k	£94.6k	−£558k	£16.5k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 0.3%; Profit ÷ revenue.
Gross margin: 16.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £254k; Revenue ÷ average employees.
Profit per employee: £783; Profit ÷ average employees.
Cash conversion: 91%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.8%; 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: ▲1%; Now £2.7m
Cash at bank: ▼10%; Now £2.4m
Headcount: ▲3%; Now 40
Deferred income: —; Now —
Fixed assets: ▼21%; Now £362k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £31.3k), from the Companies House accounts bulk data published Apr 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.