POLYNT COMPOSITES UK LIMITED
Formerly known as Reichhold UK Limited, the company operates as the UK manufacturing arm of the global Polynt Group, specialising in the production of primary plastics and composite materials.
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Cash
£7.6m
+58.4% highest in 3 filed years
Net assets
£43m
-1.3% vs 2024
Employees
92
+4.5% highest in 3 filed years
Profit before tax
£19m
+84.9% highest in 3 filed years
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £49,403,000 | £73,765,000 | £80,541,000 | +9.2% | |
| Operating profit | £2,239,000 | £10,224,000 | £17,731,000 | +73.4% | |
| Profit before tax | £2,551,000 | £10,304,000 | £19,053,000 | +84.9% | |
| Net profit | £1,996,000 | £7,236,000 | £14,273,000 | +97.2% | |
| Cash | £217,000 | £4,797,000 | £7,597,000 | +58.4% | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | £20,173,000 | £43,913,000 | £43,356,000 | -1.3% | |
| Equity | £20,173,000 | £43,913,000 | £43,356,000 | -1.3% | |
| Average employees | 38 | 88 | 92 | +4.5% | |
| Wages | £1,650,000 | £4,344,000 | £4,477,000 | +3.1% | |
| Directors' remuneration | £148,000 | £188,000 | £264,000 | +40.4% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 4.5% | 13.9% | 22.0% | |
| Net margin | 4.0% | 9.8% | 17.7% | |
| Gearing (liabilities / total assets) | 8.6% | 20.1% | 18.9% | |
| Current ratio | 3.86x | 3.30x | 3.34x | |
| Interest cover | 93.29x | 9.61x | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- POLYNT COMPOSITES UK LIMITED 2023-12-29 → present
- REICHHOLD UK LIMITED 1997-11-14 → 2023-12-29
- JOTUN POLYMER (U.K.) LIMITED 1986-10-31 → 1997-11-14
- GLARELANCE LIMITED 1986-09-03 → 1986-10-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for a period of 13 months from when the financial statements are authorised for issue and therefore have prepared the financial statements on a going concern basis.”
Significant events
- “The conflict in Ukraine and high inflation is likely to have an impact on the luxury goods market which will affect the Pools, Sanitary and Marine market although the impact of this will be limited due to the business being in other markets.”
- “The war in Iran will possibly have an impact on the supply and price of raw materials. The company has processes in place to ensure any significant raw material price increases are offset by increase in the selling price of the company products.”
- “New and more onerous legislation adds an ongoing burden to the Company's cost base and the Company's ability to recover these costs through higher selling prices, in a competitive market, is limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DONOVAN, Richard Thomas | Director | 2017-08-08 | May 1965 | British |
| LEONARDI, Maurizio | Director | 2024-08-01 | Oct 1959 | Italian |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| STEVENS, Trevor | Secretary | 1997-11-14 | 2011-06-30 |
| WESTON, Michael Anthony | Secretary | — | 1997-11-14 |
| AHMED, Munir | Director | 2017-08-08 | 2024-08-01 |
| ALFHEIM, Roar Lemcke | Director | — | 1999-04-28 |
| ARNESTAD, Hans Peter | Director | — | 1996-08-01 |
| BRATLEE, Ross Grant | Director | 2004-11-09 | 2005-04-20 |
| CASSIDY, Elizabeth Howe | Director | 2011-06-30 | 2015-03-24 |
| CASSIDY, Elizabeth Howe | Director | 2008-12-31 | 2009-01-09 |
| DONOVAN, Richard Thomas | Director | 2004-11-09 | 2015-03-10 |
| EDGREN, Anders | Director | 1994-05-13 | 2004-11-09 |
| FREY, Douglas | Director | 2005-05-19 | 2008-12-31 |
| HOVIK, Dag | Director | 1997-10-31 | 1999-04-28 |
| JOHANSEN, Peter John Sverre | Director | 1993-02-26 | 1997-03-07 |
| JOHANSEN, Tor | Director | — | 1992-06-26 |
| MORRIS, John Alan | Director | 1999-04-28 | 2002-03-27 |
| NASER, Albert John | Director | 2004-11-09 | 2006-04-03 |
| PICCINOTTI, Alberto | Director | 2009-01-09 | 2017-08-08 |
| SCOTLAND, Nicholas John | Director | 1997-05-21 | 1997-10-26 |
| SCOTLAND, Nicholas John | Director | — | 1996-08-01 |
| SGHIBARTZ, Cristian Marius, Dr | Director | — | 1993-04-06 |
| STEVENS, Trevor | Director | 1998-01-08 | 2011-06-30 |
| TUTTLE, Patrick | Director | 2006-04-03 | 2015-03-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Scil Ii (Topco) Limited | Corporate entity | Significant influence | 2025-01-01 | Active |
Filing timeline
Last 20 of 215 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-14 MA Memorandum articles
- 2026-02-14 RESOLUTIONS Resolution
- 2024-12-11 CC04 Statement of companys objects
- 2024-12-06 MA Memorandum articles
- 2024-12-06 RESOLUTIONS Resolution
- 2023-12-29 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-17 | AA | accounts | Accounts with accounts type full | |
| 2026-02-14 | MA | incorporation | Memorandum articles | |
| 2026-02-14 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-02 | AA | accounts | Accounts with accounts type full | |
| 2025-02-11 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-11 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-12-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-11 | CC04 | change-of-constitution | Statement of companys objects | |
| 2024-12-06 | SH01 | capital | Capital allotment shares | |
| 2024-12-06 | MA | incorporation | Memorandum articles | |
| 2024-12-06 | RESOLUTIONS | resolution | Resolution | |
| 2024-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-23 | AA | accounts | Accounts with accounts type full | |
| 2023-12-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-12-29 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-12-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-07 | AA | accounts | Accounts with accounts type full | |
| 2022-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.