OADBY PLASTICS HOLDINGS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-25 (in 1mo)
Last made up 2025-06-11
Watchouts
None on the register
Cash
£8M
+43.6% vs 2023
Net assets
£35M
+2.5% highest in 5 filed years
Employees
264
+6% highest in 5 filed years
Profit before tax
£4M
-10.2% vs 2023
Net assets
8-year trend · vs Basic Materials median
Accounts
8-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | £49,908,328 | £47,980,305 | |
| Operating profit | — | — | — | — | — | — | £4,921,614 | £4,232,469 | |
| Profit before tax | — | — | — | — | — | — | £4,809,217 | £4,316,364 | |
| Net profit | — | £3,912,466 | — | £2,112,776 | £2,634,053 | — | £3,538,768 | £3,105,188 | |
| Cash | — | — | — | — | — | — | £5,611,411 | £8,058,186 | |
| Total assets less current liabilities | — | £16,806,306 | — | £16,678,809 | £16,478,717 | — | £34,672,810 | £35,368,698 | |
| Net assets | — | £16,806,306 | — | £16,678,809 | £16,478,717 | — | £33,805,487 | £34,639,103 | |
| Equity | £16,965,218 | £16,806,306 | £16,806,306 | £16,678,809 | £16,478,717 | £16,478,717 | £33,805,487 | £34,639,103 | |
| Average employees | — | 0 | — | 256 | 260 | — | 249 | 264 | |
| Wages | — | — | — | — | — | — | £9,444,387 | £9,952,404 | |
| Directors' remuneration | — | — | — | — | — | — | £351,975 | £391,313 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-3.9%
£49,908,328 £47,980,305
-
Cash
+43.6%
£5,611,411 £8,058,186
-
Net assets
+2.5%
£33,805,487 £34,639,103
highest in 5 filed years
-
Employees
+6%
249 264
highest in 5 filed years
-
Operating profit
-14%
£4,921,614 £4,232,469
-
Profit before tax
-10.2%
£4,809,217 £4,316,364
-
Wages
+5.4%
£9,444,387 £9,952,404
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | 9.9% | 8.8% | |
| Net margin | — | — | — | — | — | — | 7.1% | 6.5% | |
| Return on capital employed | — | — | — | — | — | — | 14.2% | 12.0% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | — | 23.2% | 20.5% | |
| Current ratio | — | — | — | — | — | — | 2.39x | 2.73x | |
| Interest cover | — | — | — | — | — | — | 21.63x | 13.14x |
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
- Consolidated group
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the Group's forecasts and projections, the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. The Group therefore continues to adopt the going concern basis in preparing its financial information. Post year end, the Group has continued to be profitable and has continued to strengthen their cash position. The strong Balance Sheet held at the year end would enable the Group to access borrowing should they require it and they have an agreed overdraft in place to support their short-term financing needs if required. The directors and loan note holders have confirmed that neither the directors loan accounts or loan notes will be drawn on for the next 12 months, or until the Group is in a position to support this withdrawal of funds. Coupled with the continued profitability, cash balances and finance available, the Group has the ability to continue as a going concern for the next 12 months.”
Group structure
- OADBY PLASTICS HOLDINGS LIMITED · parent
- Oadby Plastics Limited 100%
- A.B.G Rubber & Plastics Limited 100%
- Anglia Plastics Limited 100%
- Direct Plastics Limited 100%
- PolyCoversDirect Limited 100%
- Clenviro Holdings Limited 100%
- Clenviro Limited 100%
Significant events
- “The beginning of 2025 has marked a strong continuation of our commitment to strategic investment across the Group. Oadby Plastics Ltd has placed an order for a state-of-the-art 5-axis CNC router, which is scheduled for commissioning in June 2025, further strengthening our advanced machining capabilities.”
- “by the close of Q1 2025, the Group successfully acquired a new site in Northampton to support the continued growth of ABG Rubber & Plastics Ltd. This facility will significantly enhance our machining operations and is expected to be fully operational by early 2026.”
- “On 31 March 2025 the Company purchased the entire share capital of D-Pac Limited for £1,450,000, a Company incorporated in England and Wales. There have been no other significant events affecting the Group since the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DRIVER, Neil James Ian | Secretary | 2018-05-01 | — | — |
| CHOUHAN, Jitendra | Director | 2018-05-01 | Jan 1966 | British |
| DRIVER, Neil James Ian | Director | 2017-09-22 | Apr 1967 | British |
| ROJAHN, Mark Anthony | Director | 2018-05-01 | Apr 1966 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DRIVER, Christine Julia | Director | 2018-05-01 | 2022-07-21 |
| DRIVER, Judy Frances | Director | 2018-05-01 | 2026-04-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Jitendra Chouhan | Individual | Shares 25–50%, Voting 25–50% | 2022-07-25 | Ceased 2022-07-25 |
| Ms. Judy Frances Driver | Individual | Shares 25–50%, Voting 25–50% | 2022-07-25 | Ceased 2022-07-25 |
| Mrs Christine Julia Driver | Individual | Voting 25–50% | 2020-11-25 | Ceased 2021-03-24 |
| Mrs Christine Julia Driver | Individual | Shares 25–50% | 2018-05-01 | Ceased 2019-08-07 |
| Mr Neil James Ian Driver | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2017-09-22 | Active |
Filing timeline
Last 20 of 63 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-08-11 RESOLUTIONS Resolution
- 2022-08-11 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | SH06 | capital | Capital cancellation shares | |
| 2026-04-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-13 | AA | accounts | Accounts with accounts type group | |
| 2024-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-07 | AA | accounts | Accounts with accounts type group | |
| 2024-06-05 | CH01 | officers | Change person director company with change date | |
| 2024-06-05 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-05 | CH01 | officers | Change person director company with change date | |
| 2023-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-12 | AA | accounts | Accounts with accounts type group | |
| 2023-04-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-03-31 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-03-31 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-02-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-02-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-08-11 | SH10 | capital | Capital variation of rights attached to shares | |
| 2022-08-11 | RESOLUTIONS | resolution | Resolution | |
| 2022-08-11 | MA | incorporation | Memorandum articles | |
| 2022-08-08 | PSC01 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 1
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.