Plastipak UK Ltd
Registered name: PLASTIPAK UK LTD
Plastipak UK Ltd made £170m revenue and £3m profit in the year to 31 Oct 2025.
Plastipak UK Ltd’s revenue fell 3% to £170m in the year to 31 Oct 2025, with £3m profit and 357 employees. The company is classified under “manufacture of plastic packing goods” and is based in Wrexham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Wrexham, Wales
- Age
- 11 yrs · since 2015
- 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 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £190m | £175m | £170m |
| Cost of sales | −£163m | −£144m | −£128m |
| Gross profit | £27.2m | £31.7m | £41.4m |
| Operating profit | −£2.9m | −£1.3m | £7.6m |
| Profit before tax | −£7.8m | −£2.9m | £3.9m |
| Profit after tax | −£6.7m | −£2.6m | £3m |
| Profit (best available) | −£6.7m | −£2.6m | £3m |
| Employees (average) | 413 | 391 | 357 |
| Ratios | |||
| Profit margin | −3.5% | −1.5% | 1.8% |
| Gross margin | 14.3% | 18.1% | 24.4% |
| Revenue per employee | £460k | £449k | £475k |
| Profit per employee | −£16.2k | −£6.6k | £8.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▼7.7% | ▼3.2% |
| Headcount growth | — | ▼5.3% | ▼8.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 | Accounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 1.8%
- Profit ÷ revenue.
- Gross margin
- 24.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £475k
- Revenue ÷ average employees.
- Profit per employee
- £8.4k
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼9%
- Now 357
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
Sources
Latest figures from accounts for the year to 31 Oct 2025 (profit £3m), from the Companies House accounts bulk data published Jun 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.