solvay solutions uk limited

solvay solutions uk limited Company Information

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Company Number

00036833

Industry

Manufacture of other chemical products n.e.c.

 

Directors

Thomas Hoey

Ian Fryer

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Shareholders

rhodia holdings limited

Group Structure

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Contact

Registered Address

syensqo trinity street, oldbury, west midlands, B69 4LN

solvay solutions uk limited Estimated Valuation

£21.1m

Pomanda estimates the enterprise value of SOLVAY SOLUTIONS UK LIMITED at £21.1m based on a Turnover of £37.7m and 0.56x industry multiple (adjusted for size and gross margin).

solvay solutions uk limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SOLVAY SOLUTIONS UK LIMITED at £0 based on an EBITDA of £-8.1m and a 3.83x industry multiple (adjusted for size and gross margin).

solvay solutions uk limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SOLVAY SOLUTIONS UK LIMITED at £0 based on Net Assets of £-155.1m and 1.98x industry multiple (adjusted for liquidity).

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Solvay Solutions Uk Limited Overview

Solvay Solutions Uk Limited is a live company located in west midlands, B69 4LN with a Companies House number of 00036833. It operates in the manufacture of other chemical products n.e.c. sector, SIC Code 20590. Founded in July 1892, it's largest shareholder is rhodia holdings limited with a 100% stake. Solvay Solutions Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £37.7m with declining growth in recent years.

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Solvay Solutions Uk Limited Health Check

Pomanda's financial health check has awarded Solvay Solutions Uk Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

5 Strong

positive_score

0 Regular

positive_score

6 Weak

size

Size

annual sales of £37.7m, make it larger than the average company (£21.1m)

£37.7m - Solvay Solutions Uk Limited

£21.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (8.2%)

-13% - Solvay Solutions Uk Limited

8.2% - Industry AVG

production

Production

with a gross margin of 0.4%, this company has a higher cost of product (29.5%)

0.4% - Solvay Solutions Uk Limited

29.5% - Industry AVG

profitability

Profitability

an operating margin of -22.4% make it less profitable than the average company (6%)

-22.4% - Solvay Solutions Uk Limited

6% - Industry AVG

employees

Employees

with 148 employees, this is above the industry average (55)

148 - Solvay Solutions Uk Limited

55 - Industry AVG

paystructure

Pay Structure

on an average salary of £119k, the company has a higher pay structure (£54.4k)

£119k - Solvay Solutions Uk Limited

£54.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £254.4k, this is less efficient (£359.1k)

£254.4k - Solvay Solutions Uk Limited

£359.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5 days, this is earlier than average (49 days)

5 days - Solvay Solutions Uk Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 93 days, this is slower than average (37 days)

93 days - Solvay Solutions Uk Limited

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 30 days, this is less than average (65 days)

30 days - Solvay Solutions Uk Limited

65 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Solvay Solutions Uk Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 381.7%, this is a higher level of debt than the average (39.3%)

381.7% - Solvay Solutions Uk Limited

39.3% - Industry AVG

SOLVAY SOLUTIONS UK LIMITED financials

EXPORTms excel logo

Solvay Solutions Uk Limited's latest turnover from December 2023 is £37.7 million and the company has net assets of -£155.1 million. According to their latest financial statements, Solvay Solutions Uk Limited has 148 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover37,658,00060,155,00080,386,00057,524,00097,239,000115,234,000134,779,000114,101,000106,369,000110,685,000106,701,000115,064,000112,564,000110,863,00086,304,000
Other Income Or Grants000000000000000
Cost Of Sales37,523,00061,844,00068,588,00052,103,00092,786,000102,819,000123,329,000104,364,00098,770,00092,970,00086,035,000102,950,00097,873,00090,741,00077,204,000
Gross Profit135,000-1,689,00011,798,0005,421,0004,453,00012,415,00011,450,0009,737,0007,599,00017,715,00020,666,00012,114,00014,691,00020,122,0009,100,000
Admin Expenses8,577,00016,583,00014,550,00040,660,00019,714,00033,932,00014,520,00018,896,00019,774,00015,155,00023,764,00031,180,00052,023,00026,965,00018,298,000
Operating Profit-8,442,000-18,272,000-2,752,000-35,239,000-15,261,000-21,517,000-3,070,000-9,159,000-12,175,0002,560,000-3,098,000-19,066,000-37,332,000-6,843,000-9,198,000
Interest Payable866,000234,0003,913,0008,040,0009,544,00010,089,00011,755,00012,821,00019,531,00017,233,0007,971,0002,704,0005,483,000713,0006,033,000
Interest Receivable919,0001,245,000668,000740,000579,0000001,262,000414,0008,0008,00032,000537,00023,807,000
Pre-Tax Profit-8,040,000-17,067,000-7,575,000-45,845,000-24,226,000-31,055,000-18,056,000-21,356,000-30,444,000-14,259,000-15,529,0004,022,000-48,292,000-19,258,000-20,767,000
Tax-205,000-4,344,0003,460,000-23,305,000-27,943,000500,0004,410,00038,350,0001,189,000383,000510,0001,079,000295,000-59,000-97,000
Profit After Tax-8,245,000-21,411,000-4,115,000-69,150,000-52,169,000-30,555,000-13,646,00016,994,000-29,255,000-13,876,000-15,019,0005,101,000-47,997,000-19,317,000-20,864,000
Dividends Paid000000000000000
Retained Profit-8,245,000-21,411,000-4,115,000-69,150,000-52,169,000-30,555,000-13,646,00016,994,000-29,255,000-13,876,000-15,019,0005,101,000-47,997,000-19,317,000-20,864,000
Employee Costs17,606,00016,457,00012,960,00020,596,00021,417,00029,092,00022,592,00023,169,00020,158,00023,351,00018,039,00023,614,00021,713,00021,094,00021,712,000
Number Of Employees148174177234254271283302333356385387378368355
EBITDA*-8,131,000-17,763,000610,000-30,504,000-10,821,000-18,019,000505,000-5,699,000-8,856,0005,882,000795,000-14,572,000-31,435,000-173,000-3,659,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets195,000178,0004,755,0007,445,00069,427,000127,311,000132,236,000147,501,00045,226,00040,771,00033,040,00034,020,00040,952,00037,479,00038,906,000
Intangible Assets0934,0001,530,0004,308,0006,798,0006,930,0006,543,0005,397,0005,030,0005,091,0005,107,0003,335,0002,146,00033,497,00035,062,000
Investments & Other41,319,00029,556,00096,475,00037,655,0001,699,0001,700,0001,700,0005,579,0005,579,0005,768,0005,768,0005,768,0005,768,0005,768,0002,350,000
Debtors (Due After 1 year)1,115,0004,314,0004,472,0001,010,00033,540,0001,436,0003,750,0002,588,0001,738,000000000
Total Fixed Assets42,629,00034,982,000107,232,00050,418,00076,225,000134,241,000138,779,000152,898,00050,256,00045,862,00043,915,00043,123,00048,866,00076,744,00076,318,000
Stock & work in progress3,093,0005,260,0009,033,00016,713,00015,350,00019,973,00019,982,00018,769,00014,082,00018,228,00013,175,00012,900,00013,354,00010,015,0009,412,000
Trade Debtors545,0001,251,00038,000696,000997,0001,190,0001,143,00013,147,00011,414,00010,682,00010,714,00010,653,00012,479,00012,296,00010,642,000
Group Debtors6,428,00010,015,00035,422,0001,419,00035,069,00037,800,00039,538,00039,698,00039,632,00040,745,00039,137,00052,195,00030,011,00021,692,000296,315,000
Misc Debtors2,352,0003,080,0001,712,0002,954,0003,091,0006,961,0007,360,0001,889,0004,535,0002,162,0002,410,0003,035,0002,291,0001,348,000922,000
Cash00256,000253,000193,000202,000208,000249,000465,0001,478,0003,311,0002,467,000415,000747,000277,000
misc current assets000000000000000
total current assets12,418,00019,606,00046,461,00022,035,00054,700,00066,126,00068,231,00073,752,00070,128,00073,295,00068,747,00081,250,00058,550,00046,098,000317,568,000
total assets55,047,00054,588,000153,693,00072,453,000130,925,000200,367,000207,010,000226,650,000120,384,000119,157,000112,662,000124,373,000107,416,000122,842,000393,886,000
Bank overdraft0000030,0008,00056,0008,00028,000054,00011,0005,0002,000
Bank loan000000000000000
Trade Creditors 9,615,0008,749,0008,680,00003,244,0004,982,0007,382,00013,294,00011,025,00010,656,00010,698,00013,639,00013,798,00016,503,00014,326,000
Group/Directors Accounts194,554,000195,344,000241,834,000000000096,004,00077,204,00065,876,00023,679,000275,295,000
other short term finances000000000000000
hp & lease commitments165,000276,00064,0000583,0000000000000
other current liabilities2,223,00044,980,0001,671,000474,754,000458,767,000425,044,000394,944,000189,038,000161,382,000129,899,0005,028,0005,605,0005,332,0004,499,0004,615,000
total current liabilities206,557,000249,349,000252,249,000474,754,000462,594,000430,056,000402,334,000202,388,000172,415,000140,583,000111,730,00096,502,00085,017,00044,686,000294,238,000
loans00002,416,00000192,316,000191,437,000147,233,000147,233,000147,233,000141,554,000137,494,000135,919,000
hp & lease commitments675,000789,000715,000761,0001,208,0000000000000
Accruals and Deferred Income000000000000000
other liabilities1,699,0001,745,00000364,000546,000649,00000000000
provisions1,200,0005,742,00030,292,00011,431,000368,478,000652,756,000681,692,000812,732,000616,092,000923,604,00053,174,00045,846,00044,075,00049,775,00047,583,000
total long term liabilities3,574,00026,808,00031,007,000245,994,000185,811,000326,924,000341,495,000598,682,000499,483,000609,035,000521,098,000522,812,000454,018,000397,607,000422,344,000
total liabilities210,131,000276,157,000283,256,000720,748,000648,405,000756,980,000743,829,000801,070,000671,898,000749,618,000632,828,000619,314,000539,035,000442,293,000716,582,000
net assets-155,084,000-221,569,000-129,563,000-648,295,000-517,480,000-556,613,000-536,819,000-574,420,000-551,514,000-630,461,000-520,166,000-494,941,000-431,619,000-319,451,000-322,696,000
total shareholders funds-155,084,000-221,569,000-129,563,000-648,295,000-517,480,000-556,613,000-536,819,000-574,420,000-551,514,000-630,461,000-520,166,000-494,941,000-431,619,000-319,451,000-322,696,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-8,442,000-18,272,000-2,752,000-35,239,000-15,261,000-21,517,000-3,070,000-9,159,000-12,175,0002,560,000-3,098,000-19,066,000-37,332,000-6,843,000-9,198,000
Depreciation39,000221,0002,454,0003,583,0003,710,0003,005,0003,108,0003,091,0003,121,0003,124,0003,581,0004,136,0003,779,0004,342,0003,454,000
Amortisation272,000288,000908,0001,152,000730,000493,000467,000369,000198,000198,000312,000358,0002,118,0002,328,0002,085,000
Tax-205,000-4,344,0003,460,000-23,305,000-27,943,000500,0004,410,00038,350,0001,189,000383,000510,0001,079,000295,000-59,000-97,000
Stock-2,167,000-3,773,000-7,680,0001,363,000-4,623,000-9,0001,213,0004,687,000-4,146,0005,053,000275,000-454,0003,339,000603,0009,412,000
Debtors-8,220,000-22,984,00035,565,000-66,618,00025,310,000-4,404,000-5,531,0003,0003,730,0001,328,000-13,622,00021,102,0009,445,000-272,543,000307,879,000
Creditors866,00069,0008,680,000-3,244,000-1,738,000-2,400,000-5,912,0002,269,000369,000-42,000-2,941,000-159,000-2,705,0002,177,00014,326,000
Accruals and Deferred Income-42,757,00043,309,000-473,083,00015,987,00033,723,00030,100,000205,906,00027,656,00031,483,000124,871,000-577,000273,000833,000-116,0004,615,000
Deferred Taxes & Provisions-4,542,000-24,550,00018,861,000-357,047,000-284,278,000-28,936,000-131,040,000196,640,000-307,512,000870,430,0007,328,0001,771,000-5,700,0002,192,00047,583,000
Cash flow from operations-44,382,00023,478,000-469,357,000-332,858,000-311,744,000-14,342,00078,187,000254,526,000-282,911,000995,143,00018,462,000-32,256,000-51,496,000275,961,000-254,523,000
Investing Activities
capital expenditure606,0004,664,0002,106,00059,737,00053,576,0001,040,00010,544,000-106,102,000-7,713,000-11,037,000-4,685,0001,249,00021,981,000-3,678,000-79,507,000
Change in Investments11,763,000-66,919,00058,820,00035,956,000-1,0000-3,879,0000-189,00000003,418,0002,350,000
cash flow from investments-11,157,00071,583,000-56,714,00023,781,00053,577,0001,040,00014,423,000-106,102,000-7,524,000-11,037,000-4,685,0001,249,00021,981,000-7,096,000-81,857,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-790,000-46,490,000241,834,000000000-96,004,00018,800,00011,328,00042,197,000-251,616,000275,295,000
Other Short Term Loans 000000000000000
Long term loans000-2,416,0002,416,0000-192,316,000879,00044,204,000005,679,0004,060,0001,575,000135,919,000
Hire Purchase and Lease Commitments-225,000286,00018,000-1,030,0001,791,0000000000000
other long term liabilities-46,0001,745,0000-364,000-182,000-103,000649,00000000000
share issue74,730,000-70,595,000522,847,000-61,665,00091,302,00010,761,00051,247,000-39,900,000108,202,000-96,419,000-10,206,000-68,423,000-64,171,00022,562,000-301,832,000
interest53,0001,011,000-3,245,000-7,300,000-8,965,000-10,089,000-11,755,000-12,821,000-18,269,000-16,819,000-7,963,000-2,696,000-5,451,000-176,00017,774,000
cash flow from financing73,722,000-114,043,000761,454,000-72,775,00086,362,000569,000-152,175,000-51,842,000134,137,000-209,242,000631,000-54,112,000-23,365,000-227,655,000127,156,000
cash and cash equivalents
cash0-256,0003,00060,000-9,000-6,000-41,000-216,000-1,013,000-1,833,000844,0002,052,000-332,000470,000277,000
overdraft0000-30,00022,000-48,00048,000-20,00028,000-54,00043,0006,0003,0002,000
change in cash0-256,0003,00060,00021,000-28,0007,000-264,000-993,000-1,861,000898,0002,009,000-338,000467,000275,000

solvay solutions uk limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Solvay Solutions Uk Limited Competitor Analysis

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Perform a competitor analysis for solvay solutions uk limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in B69 area or any other competitors across 12 key performance metrics.

solvay solutions uk limited Ownership

SOLVAY SOLUTIONS UK LIMITED group structure

Solvay Solutions Uk Limited has 4 subsidiary companies.

SOLVAY SOLUTIONS UK LIMITED Shareholders

rhodia holdings limited 100%

solvay solutions uk limited directors

Solvay Solutions Uk Limited currently has 4 directors. The longest serving directors include Mr Thomas Hoey (Aug 2019) and Mr Ian Fryer (Sep 2019).

officercountryagestartendrole
Mr Thomas HoeyUnited Kingdom57 years Aug 2019- Director
Mr Ian FryerEngland58 years Sep 2019- Director
Mr Gordon DochertyEngland53 years Jul 2022- Director
Mr Mark DainEngland57 years Jul 2022- Director

P&L

December 2023

turnover

37.7m

-37%

operating profit

-8.4m

-54%

gross margin

0.4%

-112.77%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-155.1m

-0.3%

total assets

55m

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

solvay solutions uk limited company details

company number

00036833

Type

Private limited with Share Capital

industry

20590 - Manufacture of other chemical products n.e.c.

incorporation date

July 1892

age

133

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

rhodia uk limited (July 2014)

rhodia consumer specialties limited (September 2004)

See more

accountant

-

auditor

ERNST & YOUNG LLP

address

syensqo trinity street, oldbury, west midlands, B69 4LN

Bank

BNP PARIBAS

Legal Advisor

-

solvay solutions uk limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 3 charges/mortgages relating to solvay solutions uk limited. Currently there are 0 open charges and 3 have been satisfied in the past.

solvay solutions uk limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for SOLVAY SOLUTIONS UK LIMITED. This can take several minutes, an email will notify you when this has completed.

solvay solutions uk limited Companies House Filings - See Documents

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