Poly Plastics Limited
Registered name: POLY PLASTICS LIMITED
Part of R5 Investments Limited groupPoly Plastics Limited made £0 revenue and £415k profit in the year to 31 Dec 2025. read from filing text
Poly Plastics Limited’s revenue was £0 in the year to 31 Dec 2025, with £415k profit and 5 employees. The company is classified under “non-trading company” and is based in Driffield; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Driffield, Yorkshire and The Humber
- Age
- 27 yrs · since 1999
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 and ultimate parent company is IGA Holdings Limited. IGA Holdings Limited is the smallest and largest group into which these financial statements are consolidated, and these group accoun”
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | — | — | — | £0 | £0 |
| Operating profit | — | — | — | −£26.1k | −£1k |
| Profit before tax | — | — | — | £576k | £415k |
| Profit after tax | — | — | — | £576k | £415k |
| Profit (best available) | — | — | — | £576k | £415k |
| Employees (average) | 3 | 4 | 4 | 4 | 5 |
| Ratios | |||||
| Profit margin | — | — | — | — | — |
| Revenue per employee | — | — | — | £0 | £0 |
| Profit per employee | — | — | — | £144k | £83k |
| Growth (year on year) | |||||
| Profit growth | — | — | — | — | ▼27.9% |
| Headcount growth | — | ▲33.3% | 0% | 0% | ▲25% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £247k | £172k | £60.5k | £2.5k | £3.3k |
| Net assets | £5.4m | £4.9m | £5m | £5.3m | £5.2m |
| Current assets | £5.5m | £5.5m | £5.7m | £5.8m | £5.8m |
| Debtors | £5.2m | £5.4m | £5.6m | £5.8m | £5.8m |
| Deferred income | — | — | — | £6.6k | £7k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- £83k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- ▼0%
- Now £5.2m
- Cash at bank
- ▲31%
- Now £3.3k
- Headcount
- ▲25%
- Now 5
- Deferred income
- ▲5%
- Now £7k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- R5 Investments Limitedultimate parent75–100%
- Poly Plastics Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- P4 Products LtdFigures not disclosed
- Plas-Tech Injection Moulding LimitedFigures not disclosed
- Plas-Tech Thermoforming LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £415k), 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.