NORPOL RECYCLING LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -32.8%

  £10,791,968 → £7,251,439

• Cash

  -67.9%

  £4,565,420 → £1,467,658

• Net assets

  -47.3%

  £7,300,008 → £3,850,061

• Employees

  -2.7%

  37 → 36

• Operating profit

  -137.6%

  -£1,523,763 → -£3,620,010

• Profit before tax

  -135.3%

  -£1,513,694 → -£3,562,225

• Wages

  -7.9%

  £5,580,685 → £5,138,478

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. NORPOL RECYCLING LIMITED 1995-04-05 → present
2. MELODYMATCH LIMITED 1995-03-06 → 1995-04-05

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ashworth Moulds

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Whilst the company has reported losses for the two years 2023 and 2024, this is because the directors made a decision to extract profits generated in earlier years from the company, and so were paid bonuses.”
• “Turnover during the year decreased by 32.8% to £7.3m. About half of this reduction was because the recycled plastics market as a whole has been quiet and physical sales have dropped; the other half of the reduction is because of the fall in PRN prices.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.