How much does Primex Plastics Limited make?

Primex Plastics Limited reported revenue of £11.2m and £421k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Primex Plastics Limited have?

Primex Plastics Limited reported an average of 60 employees in the year to 31 Dec 2025.

Is Primex Plastics Limited profitable?

Yes — Primex Plastics Limited reported a profit of £421k in the year to 31 Dec 2025.

Company No. 03387047 · Incorporated 10 Jun 1997

Primex Plastics Limited

Registered name: PRIMEX PLASTICS LIMITED

Primex Plastics Limited made £11.2m revenue and £421k profit in the year to 31 Dec 2025. read from filing text

Primex Plastics Limited’s revenue fell 9% to £11.2m in the year to 31 Dec 2025, with £421k profit and 60 employees. The company is classified under “manufacture of plastic plates, sheets, tubes and profiles” and is based in Newton Aycliffe; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22210Manufacture of plastic plates, sheets, tubes and profiles

Status: Active
Location: Newton Aycliffe, North East
Age: 29 yrs · since 1997
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 Primex Plastics Corporation, a company registered in the United States of America. The ultimate parent company”

Latest accounts · year to 31 Dec 2025

Key figures

Cash flow filed

Revenue

£11.2m

Growth ▼8.8%

Profit

£421k

Growth ▼57.8%

Profit margin

3.8%

Gross 18.2%

Employees

Change ▼1.6%

Profit / employee

£7k

Revenue/employee £186k

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&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)	£16.8m	£17.5m	£12.2m	£11.2m
Cost of sales	£13.8m	£13.4m	£9.6m	£9.1m
Gross profit	£3m	£4m	£2.6m	£2m
Operating profit	£1.4m	£2.2m	£1.1m	£348k
Profit before tax	£1.4m	£2.3m	£1.3m	£544k
Profit after tax	£1.8m	£2.1m	£999k	£421k
Profit (best available)	£1.8m	£2.1m	£999k	£421k
Staff costs	£2.7m	£2.9m	£2.5m	£2.6m
Employees (average)	60	63	61	60
Ratios
Profit margin	10.7%	11.8%	8.2%	3.8%
Gross margin	18%	23.2%	21.4%	18.2%
Revenue per employee	£280k	£277k	£200k	£186k
Profit per employee	£29.8k	£32.8k	£16.4k	£7k
Cash conversion	−51.9%	−138.1%	−202.3%	9%
Growth (year on year)
Revenue growth	—	▲4.1%	▼30%	▼8.8%
Profit growth	—	▲15.7%	▼51.7%	▼57.8%
Headcount growth	—	▲5%	▼3.2%	▼1.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£2m	£4.4m	£6.2m	£5.6m
Net assets	£7.4m	£9.5m	£10.5m	£10.9m
Fixed assets	£1.7m	£2m	£2.3m	£2.7m
Current assets	£8.3m	£9.8m	£9.4m	£10m
Debtors	£3.1m	£2.4m	£1.1m	£1.9m
Deferred income	£696k	£808k	£355k	£325k
Cash from operations	−£749k	−£3m	−£2.3m	£31.4k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 3.8%; Profit ÷ revenue.
Gross margin: 18.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £186k; Revenue ÷ average employees.
Profit per employee: £7k; Profit ÷ average employees.
Cash conversion: 9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 24.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.9%; 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: ▲4%; Now £10.9m
Cash at bank: ▼11%; Now £5.6m
Headcount: ▼2%; Now 60
Deferred income: ▼8%; Now £325k
Fixed assets: ▲17%; Now £2.7m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £421k), from the Companies House accounts bulk data published Aug 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.