TEX PLASTICS LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-08-10 (in 3mo)
Last made up 2025-07-27
Watchouts
None on the register
Cash
£268K
+43,751.2% vs 2024
Net assets
£6M
+3% vs 2024
Employees
194
-2.5% vs 2024
Profit before tax
£321K
+283.9% first positive since 2024
Net assets
5-year trend · vs Basic Materials median
Accounts
5-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2021-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £19,219,781 | £20,848,989 | |
| Operating profit | — | — | — | £81,175 | £546,398 | |
| Profit before tax | — | £751,088 | £1,531,833 | -£174,508 | £320,857 | |
| Net profit | — | £701,563 | £1,454,902 | £424,541 | £169,445 | |
| Cash | — | £77,866 | £435,789 | £611 | £267,931 | |
| Total assets less current liabilities | — | — | — | £10,004,552 | £9,669,731 | |
| Net assets | — | — | — | £5,700,947 | £5,870,392 | |
| Equity | £197,107 | £399,670 | £1,854,572 | £5,700,947 | £5,870,392 | |
| Average employees | — | 156 | 152 | 199 | 194 | |
| Wages | — | £3,117,296 | £4,354,419 | £5,427,455 | £5,294,976 |
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 | 2019-01-01 | 2019-12-31 | 2021-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 0.4% | 2.6% | |
| Net margin | — | — | — | 2.2% | 0.8% | |
| Return on capital employed | — | — | — | 0.8% | 5.7% | |
| Current ratio | — | — | — | 1.87x | 1.99x | |
| Interest cover | — | — | — | 0.32x | 2.42x |
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
- Larking Gowen LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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.”
Significant events
- “On the 3 October 2023 the debt owed by Tex Plastics Ltd to Tex Plastics (Barnstaple) Limited was waived. Tex Plastics (Barnstaple) Limited was officially dissolved on 28 May 2024.”
- “There were multiple redundancies at the Tex Plastics Barnstaple site in the current year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MANN, Ruth Ellen | Secretary | 2022-10-18 | — | — |
| BARKER, Lee | Director | 2009-08-24 | Jan 1973 | British |
| BLAIR, Richard | Director | 2024-06-01 | Jul 1980 | British |
| BROWN, Greg | Director | 2022-03-21 | Sep 1970 | British |
| PAYNE, Kevin | Director | 2023-11-01 | Mar 1969 | British |
| SENTANCE, Guy Richard | Director | 2005-04-01 | Mar 1968 | British |
| TUNNICLIFFE, Craig Robert | Director | 2026-04-01 | Sep 1975 | British |
| WILCOX, Clare Teresa | Director | 2021-01-04 | Mar 1973 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LARKING, Philip Gerald | Secretary | — | 1992-02-26 |
| MANSELL, Martin Geoffrey | Secretary | 1992-02-26 | 2018-07-31 |
| PARKER, Christopher Andrew | Secretary | 2018-07-31 | 2020-08-31 |
| ROSS, Ian Christian | Secretary | 2020-09-01 | 2022-10-12 |
| CHARITY, William Brian | Director | — | 1991-09-04 |
| CLARKE, Andrew Paul | Director | 2014-06-18 | 2018-08-17 |
| CODD, Stephen Paul | Director | 2020-09-01 | 2024-03-31 |
| DAVIES, Justin John | Director | 2014-06-18 | 2024-05-15 |
| FLOWERS, David Keith | Director | 2001-04-01 | 2008-12-14 |
| GALSWORTHY, Michael John | Director | 1992-04-01 | 2006-10-17 |
| HARRISON, Mark Quentin | Director | 1991-09-04 | 2007-12-31 |
| KEARNEY, David | Director | 2021-01-04 | 2023-12-31 |
| MANSELL, Martin Geoffrey | Director | — | 2018-07-31 |
| PERRY, Leon John | Director | 2004-04-01 | 2012-12-31 |
| REDHEAD, David | Director | 2019-11-11 | 2021-04-30 |
| RHODES-PRICE, Michael | Director | 2018-01-01 | 2021-10-08 |
| ROWLANDS, Gareth | Director | 2008-01-03 | 2008-12-16 |
| STEVENSON, Peter William | Director | 1992-10-01 | 2010-06-30 |
| VARLEY, Christopher Thomas | Director | 2010-07-17 | 2014-12-31 |
| WILLIAMS, Brian | Director | — | 1993-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tex Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 197 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-23 | AA | accounts | Accounts with accounts type full | |
| 2025-07-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-31 | AA | accounts | Accounts with accounts type full | |
| 2024-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-05 | RESOLUTIONS | resolution | Resolution | |
| 2024-04-02 | AA | accounts | Accounts with accounts type full | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-06 | MA | incorporation | Memorandum articles | |
| 2023-07-06 | RESOLUTIONS | resolution | Resolution | |
| 2023-06-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-06-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-04-05 | AA | accounts | Accounts with accounts type full | |
| 2022-10-24 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- 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.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+8.5%
£19,219,781 £20,848,989
-
Cash
+43,751.2%
£611 £267,931
-
Net assets
+3%
£5,700,947 £5,870,392
-
Employees
-2.5%
199 194
-
Operating profit
+573.1%
£81,175 £546,398
-
Profit before tax
+283.9%
-£174,508 £320,857
first positive since 2024
-
Wages
-2.4%
£5,427,455 £5,294,976
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers