TRP Polymer Solutions Limited
Registered name: TRP POLYMER SOLUTIONS LIMITED
TRP Polymer Solutions Limited made £10.4m revenue and £671k profit in the year to 30 Apr 2025.
TRP Polymer Solutions Limited’s revenue fell 3% to £10.4m in the year to 30 Apr 2025, with £671k profit and 126 employees. The company is classified under “manufacture of other rubber products” and is based in Hereford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hereford, West Midlands
- Age
- 24 yrs · since 2002
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £10.8m | £10.4m |
| Cost of sales | — | — | £6.6m | £6.1m |
| Gross profit | — | — | £4.2m | £4.4m |
| Operating profit | — | — | £807k | £891k |
| Profit before tax | — | — | £831k | £912k |
| Profit after tax | — | — | £744k | £671k |
| Profit (best available) | — | — | £744k | £671k |
| Employees (average) | 47 | 48 | 46 | 126 |
| Ratios | ||||
| Profit margin | — | — | 6.9% | 6.4% |
| Gross margin | — | — | 38.5% | 41.7% |
| Revenue per employee | — | — | £234k | £82.7k |
| Profit per employee | — | — | £16.2k | £5.3k |
| Cash conversion | — | — | −121% | −176.8% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼3.3% |
| Profit growth | — | — | — | ▼9.9% |
| Headcount growth | — | ▲2.1% | ▼4.2% | ▲173.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.4m | £2m | £2m | £3m |
| Net assets | £10.3m | £11.2m | £12m | £12.7m |
| Fixed assets | £5.6m | £5.9m | £6.3m | £6.4m |
| Current assets | £7m | £7.5m | £8m | £8.5m |
| Debtors | £1.9m | £1.9m | £1.9m | £1.9m |
| Cash from operations | — | — | −£977k | −£1.6m |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 6.4%
- Profit ÷ revenue.
- Gross margin
- 41.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £82.7k
- Revenue ÷ average employees.
- Profit per employee
- £5.3k
- Profit ÷ average employees.
- Cash conversion
- −176.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 61.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.8%
- 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
- ▲6%
- Now £12.7m
- Cash at bank
- ▲52%
- Now £3m
- Headcount
- ▲174%
- Now 126
- Deferred income
- —
- Now —
- Fixed assets
- ▲2%
- Now £6.4m
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £671k), from the Companies House accounts bulk data published Jan 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.