Synergy Plastics Limited

POWER SEARCH PRICING

SOLUTIONS

synergy plastics limited Company Information

Live

MatureMidLow

Company Number

03122172

Website

www.synergy-plastics.com

Registered Address

8 pen-y-fan industrial estate, willow road croespenmaen crumlin, newport, gwent, NP11 4EG

Industry

Manufacture of other plastic products

Telephone

01495248888

Next Accounts Due

August 2025

Group Structure

View All

Directors

John Batt27 Years

Shareholders

mr john arthur batt 50%

mr michael batt 50%

synergy plastics limited Estimated Valuation

£3.3m

Pomanda estimates the enterprise value of SYNERGY PLASTICS LIMITED at £3.3m based on Net Assets of £2.1m and 1.59x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Synergy Plastics Limited is a live company located in newport, NP11 4EG with a Companies House number of 03122172. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in November 1995, it's largest shareholder is mr john arthur batt with a 50% stake. Synergy Plastics Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.5m with low growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Synergy Plastics Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

3 Strong

3 Regular

6 Weak

Size

annual sales of £6.5m, make it smaller than the average company (£16.3m)

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (7.4%)

EXPORT

Synergy Plastics Limited's latest turnover from November 2023 is estimated at £6.5 million and the company has net assets of £2.1 million. According to their latest financial statements, Synergy Plastics Limited has 50 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Turnover	6,517,171	7,807,923	9,103,399	5,882,445	5,482,966	5,548,173	5,153,425	4,442,727	5,147,774	5,367,125	5,767,609	4,506,306	4,999,343	5,204,046	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	4,779,285	5,682,555	6,460,254	4,216,020	3,942,630	3,924,587	3,602,197	3,107,193	3,682,292	3,819,635	4,135,215	3,227,466	3,536,810	3,614,013	0
Gross Profit	1,737,886	2,125,368	2,643,145	1,666,426	1,540,336	1,623,586	1,551,229	1,335,534	1,465,482	1,547,490	1,632,394	1,278,839	1,462,533	1,590,033	0
Admin Expenses	1,679,960	1,997,308	2,159,800	1,356,400	1,498,085	1,406,746	1,578,585	996,209	1,690,410	1,352,815	1,470,568	1,147,399	1,243,448	1,655,529	-610,418
Operating Profit	57,926	128,060	483,345	310,026	42,251	216,840	-27,356	339,325	-224,928	194,675	161,826	131,440	219,085	-65,496	610,418
Interest Payable	0	0	0	0	0	2,363	7,781	15,060	10,156	0	0	0	55	912	857
Interest Receivable	66,462	24,089	1,018	760	1,500	1,081	1,148	919	2,216	1,982	1,151	1,204	1,100	1,252	902
Pre-Tax Profit	124,388	152,148	484,363	310,786	43,752	215,558	-33,989	325,184	-232,868	196,657	162,977	132,645	220,130	-65,156	610,464
Tax	-31,097	-28,908	-92,029	-59,049	-8,313	-40,956	0	-65,037	0	-41,298	-37,485	-31,835	-57,234	0	-170,930
Profit After Tax	93,291	123,240	392,334	251,737	35,439	174,602	-33,989	260,147	-232,868	155,359	125,492	100,810	162,896	-65,156	439,534
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	93,291	123,240	392,334	251,737	35,439	174,602	-33,989	260,147	-232,868	155,359	125,492	100,810	162,896	-65,156	439,534
Employee Costs	1,823,880	1,854,327	1,883,533	1,788,392	1,600,994	1,582,459	1,225,179	1,173,462	1,185,993	1,208,816	1,316,896	1,009,267	1,152,541	1,322,752	0
Number Of Employees	50	53	56	55	50	50	40	40	41	43	48	37	43	50	0
EBITDA*	353,850	471,202	776,382	590,443	333,538	459,511	203,202	544,619	-71,170	347,311	312,935	310,139	383,725	96,445	766,160

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Tangible Assets	928,602	1,146,019	1,110,213	847,055	1,014,755	1,067,703	837,957	969,462	800,579	450,809	563,034	507,363	535,455	567,478	604,582
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	928,602	1,146,019	1,110,213	847,055	1,014,755	1,067,703	837,957	969,462	800,579	450,809	563,034	507,363	535,455	567,478	604,582
Stock & work in progress	322,486	350,850	356,795	261,896	199,931	199,222	263,673	261,424	285,232	351,683	279,068	248,122	220,523	231,183	114,046
Trade Debtors	1,107,792	1,871,374	2,440,483	1,075,599	1,270,310	1,287,040	1,340,922	1,122,016	1,113,937	1,100,697	1,229,774	1,007,725	1,110,130	1,140,151	752,454
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	61,289	196,508	66,331	38,175	35,407	42,905	86,054	37,647	0	0	0	1,901	941	0	0
Cash	1,777,355	881,110	724,793	1,311,346	208,849	191,253	96,888	362,334	372,795	513,769	278,913	181,364	300,380	139,717	360,949
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	3,268,922	3,299,842	3,588,402	2,687,016	1,714,497	1,720,420	1,787,537	1,783,421	1,771,964	1,966,149	1,787,755	1,439,112	1,631,974	1,511,051	1,227,449
total assets	4,197,524	4,445,861	4,698,615	3,534,071	2,729,252	2,788,123	2,625,494	2,752,883	2,572,543	2,416,958	2,350,789	1,946,475	2,167,429	2,078,529	1,832,031
Bank overdraft	0	0	0	0	0	0	70,000	156,065	150,000	0	0	0	0	1,694	26,364
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	1,020,158	1,134,506	1,605,122	977,541	675,842	873,389	841,472	622,109	1,039,706	1,207,482	1,320,089	967,038	1,216,893	1,274,246	842,983
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	40,149	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	129,178	234,203	0	99,514	184,376	129,125	186,077	186,077	103,039	76,432	28,932	82,314	122,748	82,270	127,463
other current liabilities	698,441	641,692	774,601	870,812	420,245	309,054	399,976	416,937	0	0	0	0	0	0	0
total current liabilities	1,847,777	2,010,401	2,379,723	1,947,867	1,280,463	1,311,568	1,497,525	1,381,188	1,292,745	1,283,914	1,349,021	1,049,352	1,339,641	1,398,359	996,810
loans	0	0	0	0	0	0	0	13,344	162,500	0	0	0	0	0	0
hp & lease commitments	55,151	184,329	0	4,000	103,514	168,371	0	0	166,666	0	0	51,152	48,382	60,256	142,560
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	37,463	0	0	0	0	0
other liabilities	0	0	284,531	0	0	0	0	186,077	0	19,705	23,220	1,000	0	0	0
provisions	211,728	261,554	168,024	108,201	123,009	121,357	115,744	126,060	131,601	56,941	72,622	40,474	49,109	45,587	37,115
total long term liabilities	266,879	445,883	452,555	112,201	226,523	289,728	115,744	325,481	460,767	114,109	95,842	92,626	97,491	105,843	179,675
total liabilities	2,114,656	2,456,284	2,832,278	2,060,068	1,506,986	1,601,296	1,613,269	1,706,669	1,753,512	1,398,023	1,444,863	1,141,978	1,437,132	1,504,202	1,176,485
net assets	2,082,868	1,989,577	1,866,337	1,474,003	1,222,266	1,186,827	1,012,225	1,046,214	819,031	1,018,935	905,926	804,497	730,297	574,327	655,546
total shareholders funds	2,082,868	1,989,577	1,866,337	1,474,003	1,222,266	1,186,827	1,012,225	1,046,214	819,031	1,018,935	905,926	804,497	730,297	574,327	655,546

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Operating Activities
Operating Profit	57,926	128,060	483,345	310,026	42,251	216,840	-27,356	339,325	-224,928	194,675	161,826	131,440	219,085	-65,496	610,418
Depreciation	295,924	343,142	293,037	280,417	291,287	242,671	230,558	205,294	153,758	152,636	151,109	178,699	164,640	161,941	153,024
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,718
Tax	-31,097	-28,908	-92,029	-59,049	-8,313	-40,956	0	-65,037	0	-41,298	-37,485	-31,835	-57,234	0	-170,930
Stock	-28,364	-5,945	94,899	61,965	709	-64,451	2,249	-23,808	-66,451	72,615	30,946	27,599	-10,660	117,137	114,046
Debtors	-898,801	-438,932	1,393,040	-191,943	-24,228	-97,031	267,313	45,726	13,240	-129,077	220,148	-101,445	-29,080	387,697	752,454
Creditors	-114,348	-470,616	627,581	301,699	-197,547	31,917	219,363	-417,597	-167,776	-112,607	353,051	-249,855	-57,353	431,263	842,983
Accruals and Deferred Income	56,749	-132,909	-96,211	450,567	111,191	-90,922	-16,961	416,937	-37,463	37,463	0	0	0	0	0
Deferred Taxes & Provisions	-49,826	93,530	59,823	-14,808	1,652	5,613	-10,316	-5,541	74,660	-15,681	32,148	-8,635	3,522	8,472	37,115
Cash flow from operations	1,142,493	377,176	-212,393	1,398,830	264,040	526,645	125,726	451,463	-148,538	271,650	409,555	93,660	312,400	31,346	608,828
Investing Activities
capital expenditure	-78,507	-378,948	-556,195	-112,717	-238,339	-472,417	-99,053	-374,177	-503,528	-40,411	-206,780	-150,607	-132,617	-124,837	-760,324
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-78,507	-378,948	-556,195	-112,717	-238,339	-472,417	-99,053	-374,177	-503,528	-40,411	-206,780	-150,607	-132,617	-124,837	-760,324
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	-40,149	40,149	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	-13,344	-149,156	162,500	0	0	0	0	0	0
Hire Purchase and Lease Commitments	-234,203	418,532	-103,514	-184,376	-9,606	111,419	0	-83,628	193,273	47,500	-104,534	-37,664	28,604	-127,497	270,023
other long term liabilities	0	-284,531	284,531	0	0	0	-186,077	186,077	-19,705	-3,515	22,220	1,000	0	0	0
share issue	0	0	0	0	0	0	0	-32,964	32,964	-42,350	-24,063	-26,610	-6,926	-16,063	216,012
interest	66,462	24,089	1,018	760	1,500	-1,282	-6,633	-14,141	-7,940	1,982	1,151	1,204	1,045	340	45
cash flow from financing	-167,741	158,090	182,035	-183,616	-8,106	110,137	-206,054	-93,812	361,092	3,617	-105,226	-62,070	-17,426	-103,071	486,080
cash and cash equivalents
cash	896,245	156,317	-586,553	1,102,497	17,596	94,365	-265,446	-10,461	-140,974	234,856	97,549	-119,016	160,663	-221,232	360,949
overdraft	0	0	0	0	0	-70,000	-86,065	6,065	150,000	0	0	0	-1,694	-24,670	26,364
change in cash	896,245	156,317	-586,553	1,102,497	17,596	164,365	-179,381	-16,526	-290,974	234,856	97,549	-119,016	162,357	-196,562	334,585

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for synergy plastics limited. Get real-time insights into synergy plastics limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for synergy plastics limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in NP11 area or any other competitors across 12 key performance metrics.

SYNERGY PLASTICS LIMITED group structure

Synergy Plastics Limited has no subsidiary companies.

Ultimate parent company

SYNERGY PLASTICS LIMITED

03122172

SYNERGY PLASTICS LIMITED Shareholders

mr john arthur batt	50%
mr michael batt	50%

Synergy Plastics Limited currently has 1 director, Mr John Batt serving since Oct 1997.

officer	country	age	start	end	role
Mr John Batt		73 years	Oct 1997	-	Director

P&L

November 2023

turnover

6.5m

-17%

operating profit

57.9k

gross margin

26.7%

-2.04%

turnover

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

Balance Sheet

November 2023

net assets

2.1m

+0.05%

total assets

4.2m

-0.06%

cash

1.8m

+1.02%

net assets

Total assets minus all liabilities

Similar Companies

planit products limited

cox wokingham plastics limited

aac cyroma limited

1.5

nylaplas engineering limited

4.5

runflat international limited

company number

03122172

Type

Private limited with Share Capital

industry

22290 - Manufacture of other plastic products

incorporation date

November 1995

ultimate parent company

None

previous names

angloway limited (December 1995)

address

8 pen-y-fan industrial estate, willow road croespenmaen crumlin, newport, gwent, NP11 4EG

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 7 charges/mortgages relating to synergy plastics limited. Currently there are 4 open charges and 3 have been satisfied in the past.

synergy plastics limited Company Information

synergy plastics limited Estimated Valuation

synergy plastics limited Estimated Valuation

synergy plastics limited Estimated Valuation

Synergy Plastics Limited Overview

Synergy Plastics Limited Health Check

SYNERGY PLASTICS LIMITED financials

synergy plastics limited Credit Report and Business Information

Synergy Plastics Limited Competitor Analysis

synergy plastics limited Ownership

synergy plastics limited directors

synergy plastics limited company details

synergy plastics limited Charges & Mortgages

synergy plastics limited Companies House Filings - See Documents