OADBY PLASTICS LIMITED
Get an alert when OADBY PLASTICS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£592k
-58% vs 2024
Net assets
£18m
+1% highest in 6 filed years
Employees
198
+0.5% vs 2024
Profit before tax
£3.5m
-9.7% lowest in 6 filed years
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 | £38,624,453 | £42,507,218 | £44,749,664 | £42,953,219 | £40,454,786 | £39,186,457 | -3.1% | |
| Operating profit | £5,823,371 | £7,230,567 | £8,337,167 | £4,564,381 | £3,925,908 | £2,596,044 | -33.9% | |
| Profit before tax | £5,779,441 | £7,132,140 | £8,219,121 | £4,425,023 | £3,896,943 | £3,517,451 | -9.7% | |
| Net profit | £4,677,471 | £5,816,089 | £6,663,755 | £3,385,823 | £2,914,323 | £2,622,777 | -10% | |
| Cash | £1,887,521 | £370,564 | £1,252,457 | £5,714 | £1,411,705 | £592,406 | -58% | |
| Total assets less current liabilities | £10,428,327 | £14,024,725 | £17,691,668 | £17,676,045 | £18,208,249 | £18,453,138 | +1.3% | |
| Net assets | £10,205,098 | £13,708,319 | £17,537,929 | £17,496,575 | £18,139,326 | £18,314,973 | +1% | |
| Equity | £10,205,098 | £13,708,319 | £17,537,929 | £17,496,575 | £18,139,326 | £18,314,973 | +1% | |
| Average employees | 181 | 193 | 199 | 194 | 197 | 198 | +0.5% | |
| Wages | £5,504,576 | £6,458,843 | £6,765,190 | £6,951,947 | £7,432,874 | £7,384,735 | -0.6% | |
| Directors' remuneration | £283,233 | £265,356 | £258,414 | £351,975 | £391,313 | £383,134 | -2.1% | |
| Highest paid director | — | — | — | £136,093 | £155,762 | £166,290 | +6.8% |
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 | 15.1% | 17.0% | 18.6% | 10.6% | 9.7% | 6.6% | |
| Net margin | 12.1% | 13.7% | 14.9% | 7.9% | 7.2% | 6.7% | |
| Return on capital employed | 55.8% | 51.6% | 47.1% | 25.8% | 21.6% | 14.1% | |
| Gearing (liabilities / total assets) | 42.3% | 37.4% | 22.9% | 33.0% | 28.4% | 26.6% | |
| Current ratio | — | — | — | 2.06x | 2.33x | 2.30x | |
| Interest cover | — | 73.42x | 70.60x | 22.12x | 13.61x | 9.23x |
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 1 time since incorporation
- OADBY PLASTICS LIMITED 1998-06-30 → present
- GLASSGUARD LIMITED 1998-04-08 → 1998-06-30
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the Company's forecasts and projections, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- OADBY PLASTICS LIMITED · parent
- A.B.G Rubber & Plastics Limited 100%
- Anglia Plastics Limited 100%
- Direct Plastics Limited 100%
- PolyCoversDirect Limited 100%
- Clenviro Holdings Limited 99.9%
- Clenviro Limited 100%
- D-PAC Limited 100%
Significant events
- “On 7 April 2026, the Company entered into an unsecured related party loan agreement for 3,000,000 to support the Company's ongoing working capital and financing requirements.”
- “On 6 May 2026, D-PAC Limited, a wholly owned subsidiary incorporated in England and Wales, was dissolved and removed from the register at Companies House.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DRIVER, Neil James Ian | Secretary | 2001-04-10 | — | British |
| CHOUHAN, Jitendra | Director | 2010-03-29 | Jan 1966 | British |
| DRIVER, Neil James Ian | Director | 1998-05-14 | Apr 1967 | British |
| ROJAHN, Mark Anthony | Director | 2010-03-29 | Apr 1966 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DRIVER, Alan Edwin | Secretary | 1998-05-12 | 2001-04-10 |
| M W DOUGLAS & COMPANY LIMITED | Corporate Nominee Secretary | 1998-04-08 | 1998-05-12 |
| DRIVER, Alan Edwin | Director | 1998-05-12 | 2013-01-01 |
| DRIVER, Christine Julia | Director | 1998-05-12 | 2022-07-21 |
| DRIVER, Judy Frances | Director | 2010-03-29 | 2020-11-25 |
| DOUGLAS NOMINEES LIMITED | Corporate Nominee Director | 1998-04-08 | 1998-05-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Oadby Plastics Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2018-05-01 | Active |
| Mr Neil James Ian Driver | Individual | Shares 25–50% | 2017-01-01 | Ceased 2018-05-01 |
| Mrs Christine Julia Driver | Individual | Shares 25–50% | 2017-01-01 | Ceased 2018-05-01 |
Filing timeline
Last 20 of 146 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-19 | AA | accounts | Accounts with accounts type full | |
| 2026-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-15 | AA | accounts | Accounts with accounts type full | |
| 2025-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-07 | AA | accounts | Accounts with accounts type full | |
| 2024-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-13 | AA | accounts | Accounts with accounts type full | |
| 2023-02-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-29 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-08-03 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2022-07-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-07-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-04-01 | AA | accounts | Accounts with accounts type full | |
| 2022-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-20 | AA | accounts | Accounts with accounts type full | |
| 2021-05-06 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2021-05-06 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2021-05-06 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.