- CEO
- Ian James Hillman
- Full Time Employees
- 210
- Sector
- Producer manufacturing
- Industry
- Miscellaneous manufacturing
- Address
- Southmoor Road Manchester NW United Kingdom M23 9DS
- IPO Date
- Apr 5, 1995
- Business
- Coral Products plc is a United Kingdom-based manufacturer and distributor of specialised plastic products, operating through Flexibles and Rigids divisions that provide high-volume flexible packaging solutions for fast-moving consumer goods and bespoke engineered rigid plastic components via profile, tube and sheet extrusion, injection moulding, vacuum forming, butt fusion, mirror welding, print lamination, lidding films, dry off-set printing, fabrication and assembly. The company serves diverse sectors including food packaging, personal care, household, transport, construction, communication, healthcare, automotive, telecoms and rail, with a focus on customised, cost-efficient and sustainable solutions incorporating recycled materials such as the annual processing of 12,000 tonnes of recycled plastic; it maintains UK-focused operations with manufacturing and distribution facilities in the North West of England, primarily around Manchester and Wythenshawe. Founded in 1989 and listed on the AIM market of the London Stock Exchange since 2011, Coral Products is headquartered at Southmoor Road, Roundthorn Industrial Estate, Wythenshawe, Manchester. In recent developments, the company completed the acquisition of Arrow Film Converters' assets, branding and customer relationships on April 1, 2025, for just over £500,000, which has materially strengthened its Flexibles division through added modern print presses, in-house reprographics and lamination capacity while delivering a gain on bargain purchase of £2.58 million and driving revenue growth alongside new business wins. Coral Products implemented management and organisational restructuring to reduce overhead costs by £400,000 in fiscal 2025 via head office consolidation and streamlined operations, invested £1.821 million in capital expenditures including granulation and pelletizing equipment to enhance recycling capabilities, renewed a three-year supply agreement for a major UK telecommunications contract effective April 2025, and reported fiscal year ended April 30, 2025 profit after tax of £637,000, a turnaround from prior-year losses, materially exceeding market expectations amid resilient second-half performance.