Profits double at Leicester plastics firm
Profits have almost doubled at Leicester manufacturer Oadby Plastics.
The company made a profit of £3.13m in 2015, compared with £1.64m in 2014. Turnover also rose from just over £28m to £29.7m during the same period.
Staff numbers rose from 174 in 2014 to 186 - however the wage bill fell. Directors' pay was slashed from £1.32m in 2014 to £314,944 last year. In 2014 the highest paid director took home almost £500,000.
Oadby Plastics was formed nearly 50 years ago and operates from a 160,000 sq ft manufacturing and distributi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
