Niramax Holdings Limited

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Niramax Holdings Limited - overview

Established

2007

Location

-, -, UK

Primary Industry

Logistics & Distribution

About

Niramax Holdings Limited is dedicated to the eco-friendly recycling of used tyres, transforming them into reusable rubber products through advanced processing techniques, thus addressing significant environmental challenges. Founded in 2007, Niramax Holdings Limited focuses on the processing of used tyres, operating a facility located in Hartlepool, UK. The company was established by a group of individuals dedicated to environmental sustainability and effective waste management solutions. There is no mention of any significant pivots or changes in business strategy since its inception.


Niramax Rubber Products Limited specializes in the processing of used tyres at its advanced facility in Hartlepool. Its core offerings include shredding and granulation processes that convert tyres into reusable rubber products, effectively addressing the environmental issue of over 40 million used tyres disposed of annually. The company caters to a diverse client base across the UK, including sectors such as automotive, manufacturing, and construction, providing tailored services for rubber material needs. Niramax Rubber Products Limited generates revenue primarily from tyre processing services offered to commercial clients.


The business operates on a B2B model, where clients place orders for tyre collection that can be scheduled as needed or through regular service agreements. Revenues are derived from the volume of tyres processed and the specific services provided, including storage container rentals at client facilities. Partnerships with various businesses enhance its market position, and revenue is further bolstered by supplying granulated rubber for multiple industries.


Primary Industry

Logistics & Distribution

Sub Industries

Freight Transportation Services, Logistics & Distribution

Website

www.niramaxrubberproducts.co.uk

Total Amount Raised

Subscriber access only

Niramax Holdings Limited - financials

Fiscal Year EndedMar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022
Revenue (USD)18,384,87318,950,766---
% Revenue Growth (YoY)-3.1%---
EBITDA (USD)6,169,0491,665,624---
Operating Income (USD)5,172,546622,971---
Operating Margin28.1%3.3%---
% EBITDA Margin33.6%8.8%---
NET Income (USD)4,825,855598,906---
% Net Margin26.2%3.2%---

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