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Synthite Limited

00164640

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

ALYN WORKS, MOLD, CH7 1BT
Incorporated 28/02/1920

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/05/2026

Due 28/05/2027

On track

Industry

20140
Manufacture of other organic basic chemicals

Officers

Mr Keith James Polden

director · Since 11/10/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Mr Michael Gary Hughes

director · Since 05/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 11 other boards

Mr Kevin Dale Bardsley

director · Since 04/03/2021

DIRECTOR

BRITISH · WALES · Age 57

Also on 2 other boards

Susan Gaynor Wild

director · Since 03/08/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 2 other boards

Andrew Philip Poynton

secretary · Since 01/08/2023

Persons with Significant Control

Chemical Petroleum Investments

75–100% shares

12 Upper Belgrave Street, Upper Belgrave Street, London, SW1X 8BA

Reg: 00247347 · Companies House · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC AS SECURITY AGENT

Created 25/02/2026Registered 28/02/2026
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 05/02/2007Registered 08/02/2007Satisfied 12/11/2008
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 14/12/2006Registered 22/12/2006Satisfied 12/11/2008

CompanyRankvs 105+ SIC 20140 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.97× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern We are responsible for concluding on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncert

Key FinancialsYear ending 31/12/2022

Net Worth

£33.1M

Balance sheet strength

Cash

£5.5M

Cash in the bank

Profit Before Tax

£4.0M

Bottom line earnings

Net Current Assets

£22.1M

Working capital

Current Assets

£29.5M

Current Liabilities

£7.4M

Fixed Assets

£12.1M

Debtors

£19.8M

Cost of Sales

£69.3M

Admin Expenses

£2.0M

Profit After Tax

£3.6M

94avg. employees

Tax at Year End

Dividends paid£4.9M

People Costs

Wages & salaries£3.1M

Balance Sheet

Intangible assets£249k
Assets less current liabilities£34.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20223.97+£0
20223.97

Derived from filed accounts. Not audited figures.