How much does Icon Plastics Limited make?

Icon Plastics Limited reported revenue of £6.8m and £401k profit in the year to 31 Jan 2025, according to its accounts filed at Companies House.

How many employees does Icon Plastics Limited have?

Icon Plastics Limited reported an average of 57 employees in the year to 31 Jan 2025.

Is Icon Plastics Limited profitable?

Yes — Icon Plastics Limited reported a profit of £401k in the year to 31 Jan 2025.

Company No. 04218568 · Incorporated 17 May 2001

Icon Plastics Limited

Registered name: ICON PLASTICS LIMITED

Icon Plastics Limited made £6.8m revenue and £401k profit in the year to 31 Jan 2025. read from filing text

Icon Plastics Limited’s revenue fell 13% to £6.8m in the year to 31 Jan 2025, with £401k profit and 57 employees. The company is classified under “manufacture of other plastic products” and is based in Stockton on Tees; we hold 4 years of its filed accounts.

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

Status: Active
Location: Stockton on Tees, North East
Age: 25 yrs · since 2001
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 controlling party is G Thomas by virtue of his and his wife's share ownership.”

Latest accounts · year to 31 Jan 2025

Key figures

Revenue

£6.8m

Growth ▼12.7%

Profit

£401k

Growth ▼60.2%

Profit margin

5.9%

Gross 38.9%

Employees

Change ▼9.5%

Profit / employee

£7k

Revenue/employee £119k

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 Jan 2022	31 Jan 2023	31 Jan 2024	31 Jan 2025
Disclosure	No P&L	Profit only	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£7.7m	£6.8m
Cost of sales	—	—	£4.5m	£4.1m
Gross profit	—	—	£3.2m	£2.6m
Operating profit	—	—	£1.3m	£462k
Profit before tax	—	—	£1.3m	£448k
Profit after tax	—	£935k	£1m	£401k
Profit (best available)	—	£935k	£1m	£401k
Staff costs	—	—	£1.8m	£2.1m
Employees (average)	42	55	63	57
Ratios
Profit margin	—	—	13%	5.9%
Gross margin	—	—	41.5%	38.9%
Revenue per employee	—	—	£123k	£119k
Profit per employee	—	£17k	£16k	£7k
Cash conversion	—	—	−62.4%	—
Growth (year on year)
Revenue growth	—	—	—	▼12.7%
Profit growth	—	—	▲7.9%	▼60.2%
Headcount growth	—	▲30.9%	▲14.5%	▼9.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3m	£1.1m	£1m	£1.1m
Net assets	£3.4m	£4.1m	£4.8m	£4.8m
Fixed assets	£2.1m	£2.4m	£2.4m	£2.3m
Current assets	£3.3m	£4m	£4.2m	£4.2m
Debtors	£1.3m	£1.7m	£1.6m	£1.4m
Deferred income	—	£368k	£214k	£216k
Cash from operations	—	—	−£793k	—
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 5.9%; Profit ÷ revenue.
Gross margin: 38.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £119k; Revenue ÷ average employees.
Profit per employee: £7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 33.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.5%; 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: ▲1%; Now £4.8m
Cash at bank: ▲12%; Now £1.1m
Headcount: ▼10%; Now 57
Deferred income: ▲1%; Now £216k
Fixed assets: ▼5%; Now £2.3m

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 Jan 2025 (profit £401k), from the Companies House accounts bulk data published Oct 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.