How much does Plastek UK Ltd make?

Plastek UK Ltd reported revenue of £24.3m and a loss of £515k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Plastek UK Ltd have?

Plastek UK Ltd reported an average of 98 employees in the year to 31 Dec 2024.

Is Plastek UK Ltd profitable?

No — Plastek UK Ltd reported a loss of £515k in the year to 31 Dec 2024.

Company No. 03567624 · Incorporated 20 May 1998

Plastek UK Ltd

Registered name: PLASTEK UK LTD

Part of Plastek Industries Inc. group

Plastek UK Ltd made £24.3m revenue and a £515k loss in the year to 31 Dec 2024.

Plastek UK Ltd’s revenue grew 2% to £24.3m in the year to 31 Dec 2024, with a loss of £515k and 98 employees. The company is classified under “manufacture of other plastic products” and is based in Mansfield; we hold 2 years of its filed accounts.

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

Status: Active
Location: Mansfield, East Midlands
Age: 28 yrs · since 1998
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 Company's ultimate parent company is Plastek Industries Inc.. The smallest and largest group for which group financial statements are prepared that include and consolidate the results of Plastek U”

Latest accounts · year to 31 Dec 2024

Key figures

Doing more with lessCash flow filed

Revenue

£24.3m

Growth ▲1.8%

Profit

−£515k

Growth ▼267.5%

Profit margin

−2.1%

Gross 7.9%

Employees

Change ▼11.7%

Profit / employee

−£5.3k

Revenue/employee £248k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£23.9m	£24.3m
Cost of sales	£21.4m	£22.4m
Gross profit	£2.5m	£1.9m
Operating profit	£713k	−£411k
Profit before tax	£455k	−£617k
Profit after tax	£307k	−£515k
Profit (best available)	£307k	−£515k
Staff costs	£4.9m	£4.8m
Employees (average)	111	98
Ratios
Profit margin	1.3%	−2.1%
Gross margin	10.5%	7.9%
Revenue per employee	£215k	£248k
Profit per employee	£2.8k	−£5.3k
Cash conversion	−606.4%	—
Growth (year on year)
Revenue growth	—	▲1.8%
Profit growth	—	▼267.5%
Headcount growth	—	▼11.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£591k	£6.7k
Net assets	£11.2m	£10.6m
Fixed assets	£9.2m	£8.6m
Current assets	£6.6m	£7.9m
Debtors	£4.2m	£3.9m
Deferred income	£519k	£485k
Cash from operations	−£4.3m	£624k
Source	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: −2.1%; Profit ÷ revenue.
Gross margin: 7.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £248k; Revenue ÷ average employees.
Profit per employee: −£5.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 35.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16%; 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: ▼5%; Now £10.6m
Cash at bank: ▼99%; Now £6.7k
Headcount: ▼12%; Now 98
Deferred income: ▼7%; Now £485k
Fixed assets: ▼7%; Now £8.6m

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

Plastek Industries Inc. (registered outside the UK register)ultimate parent75–100%
Plastek UK Ltdthis 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

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£515k), from the Companies House accounts bulk data published Jun 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.