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 Ended | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | 18,384,873 | 18,950,766 | - | - | - |
| % Revenue Growth (YoY) | - | 3.1% | - | - | - |
| EBITDA (USD) | 6,169,049 | 1,665,624 | - | - | - |
| Operating Income (USD) | 5,172,546 | 622,971 | - | - | - |
| Operating Margin | 28.1% | 3.3% | - | - | - |
| % EBITDA Margin | 33.6% | 8.8% | - | - | - |
| NET Income (USD) | 4,825,855 | 598,906 | - | - | - |
| % Net Margin | 26.2% | 3.2% | - | - | - |

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