PAPILO 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

  +2.7%

  £31,917,449 → £32,780,333

  highest in 4 filed years

• Cash

  +16.6%

  £3,698,275 → £4,312,366

  highest in 5 filed years

• Net assets

  +79.1%

  £2,477,587 → £4,437,782

• Employees

  +5.4%

  56 → 59

  highest in 5 filed years

• Operating profit

  +394.7%

  £484,571 → £2,396,931

• Profit before tax

  +429.6%

  £462,066 → £2,447,230

• Wages

  +14.6%

  £1,788,778 → £2,050,575

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. PAPILO LIMITED 2024-03-05 → present
2. ROYDON RECYCLING UK LIMITED 2005-10-11 → 2024-03-05

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having considered the risks and uncertainties in the Strategic Report, the company's business and financial forecasts, the impact on those forecasts of reasonably possible changes in the trading prospects of the company, together with the company being profitable the directors are of the view that it is appropriate to adopt the going concern basis in the preparation of the financial statements.”

Significant events

• “After securing private equity investment from Palatine on 16th June 2023 and recognising the impact the business has on waste recycling, environmental reporting and the circular economy on the 1st March 2024 the business rebranded to Papilo Limited.”
• “As part of the acquisition on 16th June 2023, Papilo Limited acquiring company, Project Jasmine Bidco Limited took out two bank loans totaling £7m to fund part of the acquisition.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.