PAPILO LIMITED
Get an alert when PAPILO LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-10-31
Confirmation statement due
2026-09-21 (in 4mo)
Last made up 2025-09-07
Watchouts
None on the register
Cash
£2M
+595.6% highest in 3 filed years
Net assets
£5M
+93% highest in 3 filed years
Employees
47
+11.9% highest in 3 filed years
Profit before tax
£3M
+238.2% vs 2021
Name history
Renamed 1 time since incorporation
- PAPILO LIMITED 2024-03-05 → present
- ROYDON RECYCLING UK LIMITED 2005-10-11 → 2024-03-05
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2022-10-31
Latest accounts filed cover 2024-10-31; financial figures currently reflect up to 2022-10-31.
| Metric | Trend | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £18,193,283 | £25,480,364 | |
| Operating profit | — | — | £873,014 | £2,864,507 | |
| Profit before tax | — | — | £830,853 | £2,810,305 | |
| Net profit | — | — | £673,614 | £2,269,805 | |
| Cash | £268,169 | — | £358,817 | £2,495,876 | |
| Total assets less current liabilities | £1,740,283 | — | £2,391,992 | £4,550,675 | |
| Net assets | £1,660,559 | — | £2,336,973 | £4,510,778 | |
| Equity | £1,660,559 | £1,759,359 | £2,336,973 | £4,510,778 | |
| Average employees | 43 | — | 42 | 47 | |
| Wages | — | — | £1,527,110 | £2,057,554 |
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 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 4.8% | 11.2% | |
| Net margin | — | — | 3.7% | 8.9% | |
| Return on capital employed | — | — | 36.5% | 62.9% | |
| Interest cover | — | — | 20.71x | 52.85x |
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 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having considered the risks and uncertainties in the Strategic Report, the company's business and financial forecasts, the impact on those forecasts of reasonably possible changes in the trading prospects of the company, together with the company being profitable the directors are of the view that it is appropriate to adopt the going concern basis in the preparation of the financial statements.”
Significant events
- “After securing private equity investment from Palatine on 16th June 2023 and recognising the impact the business has on waste recycling, environmental reporting and the circular economy on the 1st March 2024 the business rebranded to Papilo Limited.”
- “As part of the acquisition on 16th June 2023, Papilo Limited acquiring company, Project Jasmine Bidco Limited took out two bank loans totaling £7m to fund part of the acquisition.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COLLINS, Russell | Director | 2024-03-06 | Feb 1982 | British |
| GIBSON, Michael Thomas | Director | 2026-04-01 | Jan 1984 | British |
| HODGKISS, Paul | Director | 2015-09-30 | Jul 1968 | British |
| MCAULAY, Ian James | Director | 2024-08-01 | Apr 1965 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRAEME, Dorothy May | Secretary | 2005-10-11 | 2005-10-11 |
| SUMNER, Sarah Patricia | Secretary | 2005-10-11 | 2023-06-16 |
| DAVIES, John Michael | Director | 2005-10-11 | 2018-08-13 |
| GRAEME, Lesley Joyce | Director | 2005-10-11 | 2005-10-11 |
| SUMNER, Sarah Patricia | Director | 2005-10-11 | 2023-06-16 |
| TAYLOR, Neil | Director | 2005-10-11 | 2015-06-30 |
| WALLWORK, Gareth Roy | Director | 2009-05-22 | 2023-06-16 |
| WALLWORK, Roy | Director | 2005-10-11 | 2009-05-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Papilo Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-08-01 | Active |
| Mrs Sarah Patricia Sumner | Individual | Shares 25–50%, Voting 25–50% | 2018-08-13 | Ceased 2019-08-01 |
| Mr Gareth Roy Wallwork | Individual | Shares 25–50%, Voting 25–50% | 2018-08-13 | Ceased 2019-08-01 |
| Mr John Michael Davies | Individual | Shares 25–50%, Voting 25–50% | 2018-08-13 | Ceased 2018-08-13 |
Filing timeline
Last 20 of 123 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-03-05 CERTNM Certificate change of name company
- 2024-03-05 CONNOT Change of name notice
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-13 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-03 | AA | accounts | Accounts with accounts type full | |
| 2024-09-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-31 | AA | accounts | Accounts with accounts type full | |
| 2024-04-29 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-04-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-05 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-03-05 | CONNOT | change-of-name | Change of name notice | |
| 2024-03-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-09 | AD04 | address | Move registers to registered office company with new address | |
| 2023-08-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- 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
FY2021 → FY2022 · period ending 2022-10-31 vs 2021-10-31
-
Turnover
+40.1%
£18,193,283 £25,480,364
-
Cash
+595.6%
£358,817 £2,495,876
highest in 3 filed years
-
Net assets
+93%
£2,336,973 £4,510,778
highest in 3 filed years
-
Employees
+11.9%
42 47
highest in 3 filed years
-
Operating profit
+228.1%
£873,014 £2,864,507
-
Profit before tax
+238.2%
£830,853 £2,810,305
-
Wages
+34.7%
£1,527,110 £2,057,554
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