INCOREZ LIMITED

1. INCOREZ LIMITED 2009-03-30 → present
2. INDUSTRIAL COPOLYMERS LIMITED 1986-11-04 → 2009-03-30
3. COPOLYMER ENGINEERING LIMITED 1986-07-03 → 1986-11-04

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Lambert Chapman LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Although the output of the cash flow forecasting did not demonstrate any apparent risk to the business over the going concern period to 30 September 2026, the Board acknowledges the general uncertainty surrounding economic conditions and as such has obtained a written confirmation of financial support from its parent undertaking for a period through to 30 September 2026.”

Significant events

• “The directors declared that no dividend would be paid in 2024 (2023 - £6.2m).”
• “Turnover decreased overall in the year by 1.63% compared to last year. Operating profit increased by 21.2% in the period mainly as a direct result of an increase in gross profit. Profit after tax for the year increased by 43.4%.”
• “At the year end the company had shareholders' funds of £17.1m (2023 - £7.3m) including distributable reserves of £17.1m (2023 - £7.3m).”
• “Z Iljadica was appointed director on 8 May 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -1.6%

  £34,817,201 → £34,250,953

• Cash

  —

  Not reported

• Net assets

  +135.2%

  £7,281,470 → £17,125,011

• Employees

  0%

  46 → 46

• Operating profit

  +21.2%

  £8,217,995 → £9,961,777

• Profit before tax

  +24.8%

  £8,066,206 → £10,066,741

• Wages

  +3.9%

  £2,250,584 → £2,337,665

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