We’re a niche plastics business manufacturing specialist plastic products operating in growing and globalising markets.

Five Year Summary

12/13 £’000 13/14 £’000 14/15 £’000 15/16 £’000 16/17 £’000
Revenue 31,407 32,456 39,576 50,803 65,785
Gross profit 11,482 11,693 13,980 16,871 21,129
Operating profit 2,122 1,539 1,511 1,858 3,303
Add back: Depreciation 969 931 1,211 1,448 1,720
Add back: Amortisation 1,189 1,118 1,405 1,819 805
Add back:  LTIP charge 401 165
Add back: Exceptional costs 274 1,306 1,130 360 907
Underlying EBITDA* 4,484 4,894 5,257 5,886 6,900
Depreciation 969 931 1,211 1,448 1,720
Interest 215 376 374 377 725
Realised fx (gain)/loss 107
Underlying profit before tax* 3,300 3,587 3,672 4,061 4,348
Tax charge 545 469 202 245 284
Underlying profit after tax* 2,756 3,118 3,470 3,816 4,064
* excluding amortisation, exceptional costs, unrealised foreign exchange translation, derivative gains / losses and LTIP charges
Overseas sales as a percentage of total sales 58% 58% 48% 45% 52%
EBITDA margin* 14.3% 15.1% 13.3% 11.6% 10.5%
Net margin* 8.8% 9.6% 8.8% 7.5% 6.2%
Earnings per share
Basic 4.9p 3.2p (0.8)p 3.5p 1.5p
Underlying 10.0p 11.1p 10.8p 10.8p 11.5p
Non current assets 24,578 25,759 33,073 30,926 37,433
Net current assets excluding cash, loans & borrowings 4,833 4,848 5,808 7,025 7,478
Net debt -8,369 -7,170 -11,400 -10,852 -16,322
Other non current liabilities -469 -350 -1,132 -776 -2,459
Total shareholders’ funds 20,573 23,087 26,349 26,323 26,130
Capital expenditure as a percentage of sales 3.0% 5.8% 2.5% 4.5% 5.3%
Average number of employees in year 302 312 403 475 568