BRIGHTGREEN PLASTICS LIMITED

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  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

1. BRIGHTGREEN PLASTICS LIMITED 2020-01-30 → present
2. IMERPLAST UK LIMITED 2017-10-02 → 2020-01-30
3. REGAIN POLYMERS LIMITED 2010-09-08 → 2017-10-02
4. NEWINCCO 1021 LIMITED 2010-06-18 → 2010-09-08

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 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered the applicability of the going concern basis in the preparation of these financial statements. The preparation of the financial statements on a going concern basis assumes that the Company will continue in operational existence for a period of twelve months from the approval of these financial statements. Intelligent Packaging Sub Limited Partnership, the Company's ultimate parent undertaking, has provided a formal letter of support indicating its willingness to provide financial support to assist the Company in meeting its liabilities as and when they fall due, to the extent that money is not otherwise available to meet such liabilities, for a period of twelve months from the approval of these financial statements. On this basis the Directors consider it appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “On 30 April 2025, the Companies ultimate parent announced its intention to merge with Schoeller Allibert, primarily a European manufacturer of reusable transport packaging solutions headquartered in Hoofddorp, the Netherlands. The proposed merger, which is subject to certain closing conditions including the receipt of regulatory approvals, is expected to close in the third quarter of 2025.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -10.1%

  £30,427,000 → £27,342,000

• Cash

  +33.7%

  £92,000 → £123,000

• Net assets

  -48.7%

  -£8,452,000 → -£12,570,000

• Employees

  -10.3%

  107 → 96

• Operating profit

  +21.8%

  -£4,429,000 → -£3,463,000

• Profit before tax

  +11.4%

  -£4,649,000 → -£4,118,000

• Wages

  -2.8%

  £3,686,000 → £3,583,000

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