PRIMEX PLASTICS LIMITED
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Cash
£5.6m
-11% vs 2024
Net assets
£11m
+4% highest in 6 filed years
Employees
60
-1.6% vs 2024
Profit before tax
£544k
-58.4% vs 2024
Net assets
6-year trend · vs Basic Materials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £8,576,575 | £13,879,701 | £16,772,753 | £17,462,600 | £12,223,637 | £11,153,421 | -8.8% | |
| Operating profit | £357,195 | £602,952 | £1,441,839 | £2,191,662 | £1,116,604 | £348,346 | -68.8% | |
| Profit before tax | £357,759 | £600,407 | £1,446,245 | £2,286,288 | £1,306,484 | £543,871 | -58.4% | |
| Net profit | £415,628 | £705,407 | £1,786,245 | £2,066,288 | £998,946 | £421,415 | -57.8% | |
| Cash | £1,993,247 | £1,664,955 | £1,967,681 | £4,441,771 | £6,244,366 | £5,554,914 | -11% | |
| Total assets less current liabilities | £4,912,253 | £5,617,660 | £7,403,905 | £9,470,193 | £10,486,677 | £11,018,340 | +5.1% | |
| Net assets | — | — | — | £9,470,193 | £10,469,139 | £10,890,554 | +4% | |
| Equity | £4,912,253 | £5,617,660 | £7,403,905 | £9,470,193 | £10,469,139 | £10,890,554 | +4% | |
| Average employees | 53 | 58 | 60 | 63 | 61 | 60 | -1.6% | |
| Wages | £1,615,801 | £2,062,781 | £2,354,107 | £2,547,260 | £2,208,034 | £2,240,893 | +1.5% | |
| Directors' remuneration | £280,405 | £388,163 | £413,893 | £451,740 | £377,087 | £381,720 | +1.2% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 4.2% | 4.3% | 8.6% | 12.6% | 9.1% | 3.1% | |
| Net margin | 4.8% | 5.1% | 10.6% | 11.8% | 8.2% | 3.8% | |
| Return on capital employed | 7.3% | 10.7% | 19.5% | 23.1% | 10.6% | 3.2% | |
| Gearing (liabilities / total assets) | — | — | — | 20.2% | 10.5% | 14.3% | |
| Current ratio | — | — | — | 4.10x | 7.75x | 5.94x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On the basis of the profitability in 2025, the cash position as at 31 December 2025 and budgets for the forthcoming twelve months, the directors have determined that the company is a going concern and has the ability to meet its liabilities as they fall due. They therefore believe it is appropriate to prepare the financial statements on a going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CRAMER, Michael John | Director | 2000-09-30 | Jun 1955 | American |
| HOUSEMAN, Robert Eugene | Director | 2021-03-09 | Jan 1966 | American |
| SARCONE, Blaise | Director | 2024-06-21 | Apr 1955 | American |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FALICK, Paul | Secretary | 2009-02-24 | 2011-04-09 |
| INCARDONE, Gia | Secretary | 2018-03-19 | 2019-04-04 |
| SARCONE, Blaise | Secretary | 2011-04-11 | 2018-03-19 |
| WISSEL, Nancy | Secretary | 1997-08-21 | 2009-02-24 |
| YORK PLACE COMPANY SECRETARIES LIMITED | Corporate Nominee Secretary | 1997-06-10 | 1997-08-21 |
| BERTSCH, Paul J | Director | 1997-08-21 | 2000-09-30 |
| CARDINI, Frank Henry | Director | 2000-09-30 | 2009-06-01 |
| SCHULTZ, Timothy Robert | Director | 2009-12-12 | 2024-06-21 |
| WISSEL, Nancy Gardner | Director | 2000-09-30 | 2008-07-08 |
| YORK PLACE COMPANY NOMINEES LIMITED | Corporate Nominee Director | 1997-06-10 | 1997-08-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dr John Farber | Individual | Shares 25–50% | 2016-04-06 | Ceased 2024-02-26 |
| Mrs Maya Farber | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 100 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-27 | AA | accounts | Accounts with accounts type full | |
| 2026-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-23 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-23 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-28 | AA | accounts | Accounts with accounts type full | |
| 2024-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-24 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-12 | AA | accounts | Accounts with accounts type full | |
| 2024-03-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-29 | AA | accounts | Accounts with accounts type full | |
| 2022-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-10 | AA | accounts | Accounts with accounts type full | |
| 2021-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-30 | AA | accounts | Accounts with accounts type full | |
| 2021-03-17 | AP01 | officers | Appoint person director company with name date | |
| 2020-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-04-28 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- 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.