SABIC INNOVATIVE PLASTICS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-21 (in 5mo)
Last made up 2025-10-07
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£7M
+7.6% vs 2023
Employees
4
0% vs 2023
Profit before tax
£620K
+2% vs 2023
Name history
Renamed 2 times since incorporation
- SABIC INNOVATIVE PLASTICS LIMITED 2007-11-06 → present
- GE PLASTICS LIMITED 1985-02-21 → 2007-11-06
- ENGINEERING POLYMERS LIMITED 1969-12-04 → 1985-02-21
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £735,000 | £656,000 | |
| Operating profit | £355,000 | £283,000 | |
| Profit before tax | £608,000 | £620,000 | |
| Net profit | £465,000 | £469,000 | |
| Cash | — | — | |
| Total assets less current liabilities | — | — | |
| Net assets | £6,163,000 | £6,632,000 | |
| Equity | £6,163,000 | £6,632,000 | |
| Average employees | 4 | 4 | |
| Wages | £211,000 | £218,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 48.3% | 43.1% | |
| Net margin | 63.3% | 71.5% | |
| Current ratio | 22.40x | 16.57x | |
| Interest cover | 355.00x | 283.00x |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the 31 December 2024 the Company had net current assets of £6,632,000 (2023: £6,163,000). The director has considered the Company's current and future prospects and the Company's availability of financing through the going concern assessment for a period of 12 months from the date of approval of these financial statements.”
Significant events
- “A dividend of £4,000,000 has been proposed and approved for payment in 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BATCHELOR, Mark | Director | 2017-09-26 | May 1977 | British |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLARDYCE, James | Secretary | 1999-11-08 | 2003-01-31 |
| JEFFREY, Kathleen | Secretary | 2007-11-02 | 2010-04-12 |
| MIDDLETON, John Christopher | Secretary | 2015-05-01 | 2024-02-29 |
| RUSSELL, Julie Ann | Secretary | 2003-01-31 | 2007-11-02 |
| TAYLOR, Jeffrey | Secretary | — | 1999-11-08 |
| ALLARDYCE, James | Director | 2000-06-01 | 2003-01-31 |
| BLOM, Bas | Director | 2002-04-12 | 2009-02-28 |
| CAMERON, John | Director | 2004-07-30 | 2008-02-01 |
| CANTLEY, Sheena Isobel | Director | 2008-09-23 | 2009-02-28 |
| COLE, Lyndon Evan | Director | — | 1997-01-31 |
| CREW, Charles E | Director | 2000-06-01 | 2002-04-12 |
| ESPE, Matthew James | Director | 1997-02-01 | 1998-02-28 |
| HOUBEN CORTLEVER, Jolanda, Ing | Director | 2005-04-01 | 2005-12-31 |
| JEFFREY, Kathleen | Director | 2005-09-19 | 2007-08-31 |
| JONES, Stephen John | Director | 2004-06-01 | 2004-07-30 |
| KITE, Neil | Director | 1998-08-01 | 2000-06-01 |
| MIDDLETON, John Christopher | Director | 2017-09-26 | 2024-02-29 |
| NICKEL, Edwin Paul | Director | 1998-03-01 | 2000-06-01 |
| ROUND, Darren Lee | Director | 1998-08-01 | 2004-07-30 |
| RUSSELL, Julie Ann | Director | 2003-01-31 | 2007-11-02 |
| STEEL, David Anthony | Director | 2008-02-01 | 2018-04-06 |
| WELLWOOD, George | Director | — | 1998-08-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 171 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-04 | AA | accounts | Accounts with accounts type full | |
| 2024-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-17 | AA | accounts | Accounts with accounts type full | |
| 2024-03-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-08 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-10-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-05 | AA | accounts | Accounts with accounts type full | |
| 2022-10-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-18 | AA | accounts | Accounts with accounts type full | |
| 2021-10-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-10 | AA | accounts | Accounts with accounts type full | |
| 2020-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-21 | AA | accounts | Accounts with accounts type full | |
| 2019-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-24 | AA | accounts | Accounts with accounts type full | |
| 2018-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-09-20 | AA | accounts | Accounts with accounts type full | |
| 2018-04-16 | TM01 | officers | Termination director company with name termination date | |
| 2017-10-04 | 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-10.7%
£735,000 £656,000
-
Cash
—
Not reported
-
Net assets
+7.6%
£6,163,000 £6,632,000
-
Employees
0%
4 4
-
Operating profit
-20.3%
£355,000 £283,000
-
Profit before tax
+2%
£608,000 £620,000
-
Wages
+3.3%
£211,000 £218,000
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