NORTHERN IRELAND PLASTICS LIMITED
Get an alert when NORTHERN IRELAND 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
£258k
-77.2% lowest in 3 filed years
Net assets
£5.2m
-2.7% lowest in 3 filed years
Employees
51
0% vs 2025
Profit before tax
£802k
-49.5% lowest in 3 filed years
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £11,760,047 | £12,110,161 | £10,916,515 | -9.9% | |
| Operating profit | £1,362,013 | £1,303,365 | £879,008 | -32.6% | |
| Profit before tax | £1,269,667 | £1,588,108 | £802,358 | -49.5% | |
| Net profit | £785,392 | £1,262,691 | £1,157,446 | -8.3% | |
| Cash | £495,017 | £1,130,128 | £258,103 | -77.2% | |
| Total assets less current liabilities | £5,803,657 | £5,795,718 | £5,853,473 | +1% | |
| Net assets | £5,364,986 | £5,327,677 | £5,185,123 | -2.7% | |
| Equity | £5,364,986 | £5,327,677 | £5,185,123 | -2.7% | |
| Average employees | 45 | 51 | 51 | 0% | |
| Wages | £1,555,067 | £1,842,096 | £1,998,427 | +8.5% | |
| Directors' remuneration | £250,000 | £340,144 | £488,711 | +43.7% | |
| Directors' pension contributions | £16,250 | £49,500 | £19,500 | -60.6% | |
| Highest paid director | £250,000 | £300,000 | £488,711 | +62.9% |
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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 11.6% | 10.8% | 8.1% | |
| Net margin | 6.7% | 10.4% | 10.6% | |
| Return on capital employed | 23.5% | 22.5% | 15.0% | |
| Gearing (liabilities / total assets) | 43.5% | 43.6% | 39.9% | |
| Current ratio | 1.81x | 1.80x | 2.03x | |
| Interest cover | 14.75x | — | 11.47x |
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
- BDO Northern Ireland
- 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.”
Group structure
- NORTHERN IRELAND PLASTICS LIMITED · parent
- Killyleagh Box Co.Limited 100%
- Packless (Europe) Limited 100%
- Pacific Shelf (1218) Limited 100%
Significant events
- “There have been no events subsequent to the balance sheet date which materially affect the position of the company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHEEVERS, Heather Roberta Elizabeth | Secretary | 2019-07-25 | — | — |
| LAWLOR, Paul | Secretary | 2018-08-31 | — | — |
| GADI, Ashish | Director | 2018-08-31 | Jul 1965 | British |
| JAIN, Abhedya Ajit | Director | 2022-01-01 | Jan 1995 | Indian |
| LAWLOR, Paul David | Director | 2019-07-25 | Jul 1983 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHEEVERS, Heather | Secretary | 2016-08-19 | 2018-08-31 |
| SCATES, Mary | Secretary | 1979-02-05 | 2016-08-19 |
| CHAMBERS, William Donaldson | Director | 1979-02-05 | 2003-04-04 |
| HARPUR, Robert | Director | 1999-12-01 | 2011-06-30 |
| JAIN, Anil Bhavarlal | Director | 2018-08-31 | 2022-01-01 |
| JAIN, Atul Bhavarial | Director | 2018-08-31 | 2022-01-01 |
| SIMPSON, Dermott | Director | 2003-04-04 | 2019-04-01 |
| SIMPSON, Robert Dermott | Director | 1979-02-05 | 2000-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Jain (Europe) Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2019-04-03 | Active |
| Pacific Shelf 1218 Limited | Corporate entity | Shares 75–100% | 2016-12-31 | Ceased 2019-05-10 |
Filing timeline
Last 20 of 195 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-06 | AA | accounts | Accounts with accounts type full | |
| 2026-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-09 | AA | accounts | Accounts with accounts type full | |
| 2025-07-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-15 | AA | accounts | Accounts with accounts type full | |
| 2024-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-02-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-02-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-02-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-02-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-02-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-02-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-02-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-02-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-08-30 | AA | accounts | Accounts with accounts type full | |
| 2023-05-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-28 | AA | accounts | Accounts with accounts type full |
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.