How much does BNL (UK) Limited make?

BNL (UK) Limited reported revenue of £11.7m and a loss of £1.5m in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does BNL (UK) Limited have?

BNL (UK) Limited reported an average of 40 employees in the year to 31 Mar 2025.

Is BNL (UK) Limited profitable?

No — BNL (UK) Limited reported a loss of £1.5m in the year to 31 Mar 2025.

Company No. 02668025 · Incorporated 3 Dec 1991

BNL (UK) Limited

Registered name: BNL (UK) LIMITED

Part of BPF1 Limited group

BNL (UK) Limited made £11.7m revenue and a £1.5m loss in the year to 31 Mar 2025. read from filing text

BNL (UK) Limited’s revenue grew 7% to £11.7m in the year to 31 Mar 2025, with a loss of £1.5m and 40 employees. The company is classified under “manufacture of other plastic products” and is based in Knaresborough; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22290Manufacture of other plastic products

Status: Active
Location: Knaresborough, Yorkshire and The Humber
Age: 34 yrs · since 1991
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.

Latest accounts · year to 31 Mar 2025

Key figures

Doing more with less

Revenue

£11.7m

Growth ▲6.5%

Profit

−£1.5m

Growth —

Profit margin

−12.6%

Gross 17.6%

Employees

Change ▼45.2%

Profit / employee

−£36.9k

Revenue/employee £293k

Profitable streak

0yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£12.9m	£12.7m	£11m	£11.7m
Cost of sales	£10.8m	£11.4m	£10.1m	£9.7m
Gross profit	—	£1.3m	£951k	£2.1m
Operating profit	—	−£2.5m	−£2.9m	−£1.3m
Profit before tax	−£1.4m	−£2.7m	−£3.3m	−£1.6m
Profit after tax	−£1m	−£2.6m	−£3.3m	−£1.5m
Profit (best available)	−£1m	−£2.6m	−£3.3m	−£1.5m
Staff costs	—	£3.9m	£3.2m	£2.4m
Employees (average)	90	85	73	40
Ratios
Profit margin	−7.9%	−20.5%	−29.8%	−12.6%
Gross margin	—	10.2%	8.6%	17.6%
Revenue per employee	£144k	£150k	£151k	£293k
Profit per employee	−£11.4k	−£30.8k	−£45k	−£36.9k
Growth (year on year)
Revenue growth	—	▼1.6%	▼13.5%	▲6.5%
Headcount growth	—	▼5.6%	▼14.1%	▼45.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£535k	£1.1m	£165k	£386k
Net assets	£2.2m	−£373k	−£3.7m	−£5.1m
Fixed assets	£5.1m	£4.7m	£4m	£3.5m
Current assets	£7.8m	£7m	£3.6m	£4.6m
Debtors	£2.1m	£1.2m	£1.3m	£1.6m
Deferred income	£481k	£437k	£151k	£402k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −12.6%; Profit ÷ revenue.
Gross margin: 17.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £293k; Revenue ÷ average employees.
Profit per employee: −£36.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 29.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.7%; 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: —; Now −£5.1m
Cash at bank: ▲134%; Now £386k
Headcount: ▼45%; Now 40
Deferred income: ▲166%; Now £402k
Fixed assets: ▼13%; Now £3.5m

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

BPF1 Limitedultimate parent75–100%
Synnovia Limited75–100%
Plastics Capital Trading Limited75–100%
BNL (UK) Limitedthis company

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

Sister companies (3)

Flexipol Packaging LimitedRev. £43.2m · Profit −£1.1m
C & T Matrix LimitedRev. £6.3m · Profit −£688k
Bell Plastics LimitedRev. — · Profit £281k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£1.5m), 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.