How much does NDC Polipak Limited make?

NDC Polipak Limited reported revenue of £33m and £1.5m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does NDC Polipak Limited have?

NDC Polipak Limited reported an average of 144 employees in the year to 31 Dec 2025.

Is NDC Polipak Limited profitable?

Yes — NDC Polipak Limited reported a profit of £1.5m in the year to 31 Dec 2025.

Company No. 03858503 · Incorporated 13 Oct 1999

NDC Polipak Limited

Registered name: NDC POLIPAK LIMITED

NDC Polipak Limited made £33m revenue and £1.5m profit in the year to 31 Dec 2025.

NDC Polipak Limited’s revenue grew 17% to £33m in the year to 31 Dec 2025, with £1.5m profit and 144 employees. The company is classified under “manufacture of plastic packing goods” and is based in Sutton Coldfield; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22220Manufacture of plastic packing goods SIC 22290Manufacture of other plastic products SIC 46760Wholesale of other intermediate products

Status: Active
Location: Sutton Coldfield, West Midlands
Age: 27 yrs · since 1999
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCash flow filed

Revenue

£33m

Growth ▲16.8%

Profit

£1.5m

Growth ▼2%

Profit margin

4.6%

Gross 21.8%

Employees

144

Change ▲5.1%

Profit / employee

£10.4k

Revenue/employee £229k

Profitable streak

3yrs

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)	£26m	£27.6m	£28.2m	£33m
Cost of sales	£22.8m	£22m	£21.4m	£25.8m
Gross profit	£3.2m	£5.6m	£6.8m	£7.2m
Operating profit	−£175k	£1.5m	£2.4m	£2.3m
Profit before tax	−£594k	£1.3m	£2.2m	£2.2m
Profit after tax	−£437k	£817k	£1.5m	£1.5m
Profit (best available)	−£437k	£817k	£1.5m	£1.5m
Staff costs	£5.1m	£5.2m	£5.7m	£6.6m
Employees (average)	158	139	137	144
Ratios
Profit margin	−1.7%	3%	5.4%	4.6%
Gross margin	12.2%	20.2%	24%	21.8%
Revenue per employee	£165k	£199k	£206k	£229k
Profit per employee	−£2.8k	£5.9k	£11.2k	£10.4k
Cash conversion	—	−8%	47.9%	124.6%
Growth (year on year)
Revenue growth	—	▲6.1%	▲2.3%	▲16.8%
Profit growth	—	—	▲87.8%	▼2%
Headcount growth	—	▼12%	▼1.4%	▲5.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£253k	£154k	£771k
Net assets	£3.6m	£4.4m	£6m	£7.5m
Fixed assets	£6.1m	£5.7m	£5.7m	£6.2m
Current assets	£7.7m	£5.7m	£6.8m	£8m
Debtors	£3.1m	£3.1m	£3.5m	£4m
Cash from operations	£2.6m	−£120k	£1.2m	£2.9m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 4.6%; Profit ÷ revenue.
Gross margin: 21.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £229k; Revenue ÷ average employees.
Profit per employee: £10.4k; Profit ÷ average employees.
Cash conversion: 124.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 18.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12%; 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: ▲25%; Now £7.5m
Cash at bank: ▲402%; Now £771k
Headcount: ▲5%; Now 144
Deferred income: —; Now —
Fixed assets: ▲9%; Now £6.2m

Corporate ownership

Group structure

Subsidiaries (1)

NDC Polipak Holdings LimitedFigures not disclosed

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 Dec 2025 (profit £1.5m), from the Companies House accounts bulk data published Sep 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.