SEEVENT PLASTICS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-10 (in 5mo)
Last made up 2025-09-26
Watchouts
Cash
£96K
+286.7% highest in 4 filed years
Net assets
£3M
+6% vs 2023
Employees
70
+2.9% vs 2023
Profit before tax
£363K
-10.4% first positive since 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 1 time since incorporation
- SEEVENT PLASTICS LIMITED 1987-06-05 → present
- RAPID 2909 LIMITED 1987-04-09 → 1987-06-05
Net assets
7-year trend · vs Basic Materials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £16,014,126 | — | £13,951,752 | — | £11,629,001 | £11,997,833 | |
| Operating profit | — | £259,183 | — | -£426,120 | — | £481,850 | £422,364 | |
| Profit before tax | — | £223,675 | — | -£491,916 | — | £405,658 | £363,306 | |
| Net profit | — | £53,922 | — | -£740,904 | — | £342,826 | £373,169 | |
| Cash | — | £63,370 | — | £4,195 | — | £24,913 | £96,329 | |
| Total assets less current liabilities | — | £5,220,212 | — | £4,106,746 | — | £3,772,786 | £3,505,983 | |
| Net assets | — | £3,351,131 | — | £2,340,227 | — | £2,470,553 | £2,618,722 | |
| Equity | £3,627,209 | £3,351,131 | £3,351,131 | £2,340,227 | £2,340,227 | £2,470,553 | £2,618,722 | |
| Average employees | — | 70 | — | 68 | — | 68 | 70 | |
| Wages | — | £2,446,039 | — | £2,285,311 | — | £2,006,140 | £2,291,881 |
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 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 1.6% | — | -3.1% | — | 4.1% | 3.5% | |
| Net margin | — | 0.3% | — | -5.3% | — | 2.9% | 3.1% | |
| Return on capital employed | — | 5.0% | — | -10.4% | — | 12.8% | 12.0% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 66.8% | 65.7% | |
| Current ratio | — | — | — | — | — | 1.18x | 1.16x | |
| Interest cover | — | 7.30x | — | -6.48x | — | 6.32x | 7.13x |
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
- Barnes Roffe Audit Limited
- 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.”
Significant events
- “With our continued commitment to product development, we have maintained a steady growth through 2024 which should continue into 2025. The immediate challenges are maintaining profit margins with government increases in PPT and the future rollout of ERP.”
- “2024 saw a number of new conversion machines installed in our main factory increasing efficiency levels and reducing power consumption.”
- “A new 8 colour CI press has arrived in our No2 factory and should be operational during 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GATES, Neil John | Director | 2026-03-02 | Jul 1963 | British |
| MEHTA, Vijinder Singh | Director | 2025-12-16 | May 1975 | British |
| MEHTA, Vrind Pal Singh | Director | 2025-12-16 | Feb 1972 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FISHER, Kenneth John | Secretary | — | 2014-01-31 |
| GATES, Neil John | Secretary | 2014-01-31 | 2025-12-16 |
| BANKS, Gary | Director | 2023-05-15 | 2025-12-16 |
| CRADDOCK, Ernest Michael | Director | 2021-01-01 | 2023-04-01 |
| FISHER, Dawn Angela | Director | — | 2011-09-22 |
| FISHER, Kenneth John | Director | — | 2014-01-31 |
| GATES, Julie | Director | 2023-05-01 | 2025-12-16 |
| GATES, Neil John | Director | 2014-01-31 | 2025-12-16 |
| SHADBOLT, Natalie Karen | Director | 2019-02-01 | 2025-12-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Neil John Gates | Individual | right-to-appoint-and-remove-directors-as-firm, significant-influence-or-control-as-firm | 2016-04-06 | Ceased 2025-12-16 |
| Seevent Plastics Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 145 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-16 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-12-16 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-10-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-03 | AA | accounts | Accounts with accounts type full | |
| 2024-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-29 | AA | accounts | Accounts with accounts type full | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-09-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-15 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-15 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-09 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 5
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
+3.2%
£11,629,001 £11,997,833
-
Cash
+286.7%
£24,913 £96,329
highest in 4 filed years
-
Net assets
+6%
£2,470,553 £2,618,722
-
Employees
+2.9%
68 70
-
Operating profit
-12.3%
£481,850 £422,364
first positive since 2022
-
Profit before tax
-10.4%
£405,658 £363,306
first positive since 2022
-
Wages
+14.2%
£2,006,140 £2,291,881
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