ENCIRC LIMITED
Encirc Limited, formerly Quinn Glass, operates as a subsidiary of the Spanish Vidrala Group, manufacturing hollow glass containers and providing integrated bottling, warehousing, and logistics services for the beverage sector.
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Cash
£60m
+8.5% highest in 3 filed years
Net assets
£371m
-9% lowest in 3 filed years
Employees
1,980
+0.2% vs 2024
Profit before tax
£56m
-27.5% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £601,617,000 | £606,032,000 | £567,421,000 | -6.4% | |
| Operating profit | £58,074,000 | £76,912,000 | £49,040,000 | -36.2% | |
| Profit before tax | £58,613,000 | £77,729,000 | £56,319,000 | -27.5% | |
| Net profit | £46,638,000 | £56,989,000 | £40,601,000 | -28.8% | |
| Cash | £47,167,000 | £55,320,000 | £60,010,000 | +8.5% | |
| Total assets less current liabilities | £463,216,000 | £491,358,000 | £463,924,000 | -5.6% | |
| Net assets | £384,468,000 | £407,065,000 | £370,565,000 | -9% | |
| Equity | £384,468,000 | £407,065,000 | £370,565,000 | -9% | |
| Average employees | 1,908 | 1,977 | 1,980 | +0.2% | |
| Wages | £91,284,000 | £100,755,000 | £106,060,000 | +5.3% | |
| Directors' remuneration | £947,000 | £497,000 | £470,000 | -5.4% | |
| Directors' pension contributions | £16,000 | £5,000 | £0 | -100% | |
| Highest paid director | £600,000 | £401,000 | £426,000 | +6.2% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 9.7% | 12.7% | 8.6% | |
| Net margin | 7.8% | 9.4% | 7.2% | |
| Return on capital employed | 12.5% | 15.7% | 10.6% | |
| Gearing (liabilities / total assets) | 40.7% | 37.3% | 39.7% | |
| Current ratio | 1.43x | 1.76x | 0.17x | |
| Interest cover | 24.94x | 34.18x | 1.96x |
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 2 times since incorporation
- ENCIRC LIMITED 2014-05-12 → present
- QUINN GLASS LIMITED 1996-07-29 → 2014-05-12
- BOVEAN LIMITED 1996-06-17 → 1996-07-29
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, the Directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- ENCIRC LIMITED · parent
- Encirc Distribution Limited 100%
Significant events
- “During the year, the company undertook a strategic review of its manufacturing operations and support services, resulting in restructuring costs of £10,349,000.”
- “Dividends paid during 2025 were £77.1m (2024: £34.6m).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MURPHY, Sean | Secretary | 2015-01-14 | — | British |
| DELCLAUX CALVO-SOTELO, Carlos | Director | 2025-10-23 | Mar 1990 | Spanish |
| DELCLAUX ZULUETA, Carlos | Director | 2015-01-14 | Nov 1956 | Spanish |
| GÓMEZ MERINO, Raúl | Director | 2015-01-14 | Sep 1975 | Spanish |
| MURPHY, Sean Michael | Director | 2019-03-07 | Apr 1972 | Irish |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DUFFY, Emma Louise | Secretary | 2011-11-08 | 2015-01-14 |
| MURPHY, Sean Michael | Secretary | 2009-03-13 | 2011-10-19 |
| O'REILLY, John Dara | Secretary | 1996-06-17 | 2009-03-13 |
| GOODBODY NORTHERN IRELAND SECRETARIAL LIMITED | Corporate Secretary | 2011-04-14 | 2011-12-05 |
| CURRY, Adrian Thomas | Director | 2012-03-30 | 2023-12-31 |
| CURRY, Adrian Thomas | Director | 2003-09-25 | 2011-10-19 |
| DE ANDRADE GUERRA, Paulo Guilherme | Director | 2017-11-27 | 2022-06-08 |
| DIXON, Paul Edward | Director | 2011-04-14 | 2012-12-14 |
| DONNELLY, Paul Francis | Director | 2012-12-14 | 2015-01-14 |
| FERNANDEZ DE MENDIA, Joseba | Director | 2022-06-09 | 2023-12-31 |
| FITZGERALD, Peter | Director | 2004-09-01 | 2011-10-19 |
| KING, Michael | Director | 1998-11-01 | 2000-02-18 |
| LEONARD, Kieran Gerard | Director | 2011-07-18 | 2011-10-19 |
| LUNNEY, Kevin | Director | 1998-11-01 | 2009-03-13 |
| MACKEY, David | Director | 1996-06-17 | 2002-10-07 |
| MC CAFFREY, Liam Gerard | Director | 1996-06-17 | 2009-03-13 |
| MOHAN, Patrick | Director | 2000-08-01 | 2009-03-13 |
| MURPHY, Denis Patrick | Director | 2011-04-14 | 2011-10-19 |
| MURPHY, Sean Michael | Director | 2006-12-11 | 2011-10-19 |
| O'BRIEN, Paul John | Director | 2011-04-14 | 2015-01-14 |
| O'DONNELL, Donal | Director | 2000-08-01 | 2004-07-31 |
| O'HARA, James Bartholomew | Director | 2011-07-18 | 2011-10-19 |
| O'NEILL, Patrick Anthony | Director | 2011-04-14 | 2011-10-19 |
| QUIN, Timothy Herbert Blacker | Director | 2011-07-18 | 2011-10-19 |
| QUINN, Patricia | Director | 1996-06-17 | 2005-03-31 |
| QUINN, Sean | Director | 1996-06-17 | 2009-03-13 |
| ROSE, Robert | Director | 2011-06-29 | 2011-10-19 |
| SCHMITT ZALBIDE, Jorge | Director | 2015-01-14 | 2024-09-20 |
| SEGADO, Oriol Moya | Director | 2022-06-09 | 2023-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vidrala S.A. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 241 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-10 RESOLUTIONS Resolution
- 2025-07-10 MA Memorandum articles
- 2025-07-10 RESOLUTIONS Resolution
- 2024-01-31 MA Memorandum articles
- 2024-01-31 RESOLUTIONS Resolution
- 2024-01-31 RESOLUTIONS Resolution
- 2024-01-31 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2026-06-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-11 | AA | accounts | Accounts with accounts type full | |
| 2025-07-14 | SH01 | capital | Capital allotment shares | |
| 2025-07-10 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-10 | MA | incorporation | Memorandum articles | |
| 2025-07-10 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-15 | AA | accounts | Accounts with accounts type full | |
| 2024-09-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-31 | MA | incorporation | Memorandum articles | |
| 2024-01-31 | RESOLUTIONS | resolution | Resolution | |
| 2024-01-31 | RESOLUTIONS | resolution | Resolution | |
| 2024-01-31 | RESOLUTIONS | resolution | Resolution | |
| 2024-01-31 | SH08 | capital | Capital name of class of shares | |
| 2024-01-31 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-01-30 | SH01 | capital | Capital allotment shares | |
| 2024-01-12 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 1
- Officers appointed
- 1
- 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.