MBA Polymers

MBA Polymers produces post-consumer recycled plastics from end-of-life durable goods, like cars, computers, and household equipment. The Company sources 100% post-consumer feedstock diverted from landfill or incineration. And, in doing so it saves over 80% of the energy and 1 to 3 tons of CO₂ for each ton of virgin plastics MBA replaces.

Company Growth (employees)
Type
Private
HQ
Nottinghamshire, GB
Founded
1994
Size (employees)
58 (est)+4%
MBA Polymers was founded in 1994 and is headquartered in Nottinghamshire, GB

Key People at MBA Polymers

Richard McCombs

Richard McCombs

Chief Executive Officer
Jim Zechinati

Jim Zechinati

Director of Engineering
Dr.Mike Biddle

Dr.Mike Biddle

Founder and President
Brian Riise

Brian Riise

Director of Research and Development

MBA Polymers Office Locations

MBA Polymers has offices in Nottinghamshire, Kematen an der Ybbs and Guangzhou
Nottinghamshire, GB (HQ)
Sandy Ln
Guangzhou, CN
1# Guang Jin Road, Huan Shi Xi Road, Nansha, Guangzhou

MBA Polymers Data and Metrics

Summary Metrics

Founding Date

1994

Total Funding

$125.9 m

Latest funding size

$14.6 m

Time since last funding

over 6 years

Investors

MBA Polymers's latest funding round in February 2011 was reported to be $14.6 m. In total, MBA Polymers has raised $125.9 m

MBA Polymers Financial Metrics

MBA Polymers's revenue was reported to be £10.6 m in FY, 2015 which is a 7% increase from the previous period.
GBP

Revenue (FY, 2015)

10.6 m

Revenue growth (FY, 2014 - FY, 2015), %

7%

Gross profit (FY, 2015)

(5.1 m)

Gross profit margin (FY, 2015), %

(48%)

Net income (FY, 2015)

(7.2 m)

Cash (31-Dec-2015)

430.7 k
GBPFY, 2013FY, 2014FY, 2015

Revenue

6.4 m9.9 m10.6 m

Revenue growth, %

56%7%

Cost of goods sold

10.9 m12.6 m15.7 m

Gross profit

(4.6 m)(2.7 m)(5.1 m)

Gross profit Margin, %

(72%)(28%)(48%)

Operating expense total

1.3 m2 m1.7 m

Pre tax profit

(7.1 m)(6.3 m)(7.7 m)

Net Income

(6.8 m)(6.1 m)(7.2 m)
GBPFY, 2013FY, 2014FY, 2015

Cash

2.1 m458.4 k430.7 k

Accounts Receivable

1.2 m1.3 m1.1 m

Current Assets

6.5 m5.5 m3.5 m

PP&E

26.6 m25.1 m22 m

Total Assets

33 m30.6 m25.5 m

Accounts Payable

1.2 m1.4 m948.2 k

Current Liabilities

9.9 m15.1 m9.9 m

Retained Earnings

(6.8 m)(6.1 m)(7.2 m)

Total Equity

(8.1 m)(12.4 m)14.1 m

Financial Leverage

-4.1 x-2.5 x1.8 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

(3 m)(1.4 m)

Cash From Financing Activities

5.2 m3.6 m

Income Taxes Paid

380.1 k200 k455.4 k
GBPY, 2015

Revenue/Employee

216.9 k

Financial Leverage

1.8 x

MBA Polymers Online and Social Media Presence

MBA Polymers Company Life and Culture

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