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K2 Polymers Limited

03589428

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 6, LEICESTER, LE19 2GW
Incorporated 29/06/1998

Compliance

Last accounts

31/05/2025

unaudited abridged

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 29/06/2025

Due 13/07/2026

On track

Industry

38320
Recovery of sorted materials

Officers

Mrs Lorna Kirby

secretary · Since 29/06/1998

PLASTIC RECYCLER

BRITISH · ENGLAND · Age 75

Also on 5 other boards

Mr Gavin James Kirby

director · Since 29/06/1998

PLASTIC RECYCLER

BRITISH · ENGLAND · Age 51

Mr Kevan Kirby

director · Since 29/06/1998

PLASTIC RECYCLER

BRITISH · ENGLAND · Age 75

Mrs Lorna Kirby

director · Since 04/10/2000

PLASTIC RECYCLER

BRITISH · ENGLAND · Age 75

Also on 5 other boards

Mrs Cherilyn Vanessa Adamson

director · Since 01/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 64

Miss Xanthe Simonette Clarke

director · Since 01/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Oflur Holdings Limited

75–100% shares

Unit 6, Acan Way, Leicester, LE19 2GW

Reg: 04452968 · Companies House England And Wales · Limited Company

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

CLYDESDALE BANK PLC

Created 07/11/2011Registered 08/11/2011
charge
satisfied

BARCLAYS BANK PLC

Created 23/12/2004Registered 05/01/2005Satisfied 12/11/2008
charge
satisfied

BARCLAYS BANK PLC

Created 13/12/2000Registered 18/12/2000Satisfied 12/11/2008
charge
satisfied

BARCLAYS BANK PLC

Created 22/02/1999Registered 01/03/1999Satisfied 15/12/2011

CompanyRankvs 40+ SIC 38320 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 7.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

£3.4M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.2M

Current Liabilities

£300k

Fixed Assets

£2.0M

Debtors

£679k

25avg. employees-2

Balance Sheet

Assets less current liabilities£3.9M
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20257.38-£223k
20243.81+£588k
20233.47+£987k
20223.03+£421k
20212.78+£410k
20202.23+£444k
20191.53—

Derived from filed accounts. Not audited figures.