synthite (mold) limited
synthite (mold) limited Company Information
Company Number
12805820
Next Accounts
Sep 2025
Industry
Manufacture of other organic basic chemicals
Shareholders
synthite limited
Group Structure
View All
Contact
Registered Address
alyn works denbigh road, mold, flintshire, CH7 1BT
Website
https://www.synthite.co.uksynthite (mold) limited Estimated Valuation
Pomanda estimates the enterprise value of SYNTHITE (MOLD) LIMITED at £11.4m based on a Turnover of £20.8m and 0.55x industry multiple (adjusted for size and gross margin).
synthite (mold) limited Estimated Valuation
Pomanda estimates the enterprise value of SYNTHITE (MOLD) LIMITED at £3m based on an EBITDA of £771k and a 3.96x industry multiple (adjusted for size and gross margin).
synthite (mold) limited Estimated Valuation
Pomanda estimates the enterprise value of SYNTHITE (MOLD) LIMITED at £2.8m based on Net Assets of £1.5m and 1.92x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Synthite (mold) Limited Overview
Synthite (mold) Limited is a live company located in flintshire, CH7 1BT with a Companies House number of 12805820. It operates in the manufacture of other organic basic chemicals sector, SIC Code 20140. Founded in August 2020, it's largest shareholder is synthite limited with a 100% stake. Synthite (mold) Limited is a young, large sized company, Pomanda has estimated its turnover at £20.8m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Synthite (mold) Limited Health Check
Pomanda's financial health check has awarded Synthite (Mold) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 8 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
8 Weak
Size
annual sales of £20.8m, make it smaller than the average company (£39.4m)
£20.8m - Synthite (mold) Limited
£39.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 66%, show it is growing at a faster rate (8.3%)
66% - Synthite (mold) Limited
8.3% - Industry AVG
Production
with a gross margin of 8.2%, this company has a higher cost of product (17.1%)
8.2% - Synthite (mold) Limited
17.1% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (4.5%)
1.1% - Synthite (mold) Limited
4.5% - Industry AVG
Employees
with 30 employees, this is below the industry average (70)
30 - Synthite (mold) Limited
70 - Industry AVG
Pay Structure
on an average salary of £93.6k, the company has a higher pay structure (£62.3k)
£93.6k - Synthite (mold) Limited
£62.3k - Industry AVG
Efficiency
resulting in sales per employee of £692.6k, this is more efficient (£568.2k)
£692.6k - Synthite (mold) Limited
£568.2k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (41 days)
18 days - Synthite (mold) Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (20 days)
16 days - Synthite (mold) Limited
20 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (53 days)
20 days - Synthite (mold) Limited
53 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (4 weeks)
2 weeks - Synthite (mold) Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (46.5%)
85.3% - Synthite (mold) Limited
46.5% - Industry AVG
SYNTHITE (MOLD) LIMITED financials
Synthite (Mold) Limited's latest turnover from December 2023 is £20.8 million and the company has net assets of £1.5 million. According to their latest financial statements, Synthite (Mold) Limited has 30 employees and maintains cash reserves of £178.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | 20,778,268 | 26,098,440 | 24,297,946 | 4,535,306 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 19,065,869 | 23,902,785 | 21,882,498 | 3,936,427 |
| Gross Profit | 1,712,399 | 2,195,655 | 2,415,448 | 598,879 |
| Admin Expenses | 1,488,618 | 1,340,567 | 1,312,179 | 285,768 |
| Operating Profit | 223,781 | 855,088 | 1,103,269 | 313,111 |
| Interest Payable | 1,686 | 0 | 0 | 0 |
| Interest Receivable | 7,150 | 894 | 452 | 0 |
| Pre-Tax Profit | 229,245 | 855,982 | 1,103,721 | 313,111 |
| Tax | -55,985 | -288,500 | -161,419 | -59,479 |
| Profit After Tax | 173,260 | 567,482 | 942,302 | 253,632 |
| Dividends Paid | 226,855 | 376,921 | 101,453 | 0 |
| Retained Profit | -53,595 | 190,561 | 840,849 | 253,632 |
| Employee Costs | 2,807,823 | 2,652,294 | 2,479,340 | 460,506 |
| Number Of Employees | 30 | 30 | 29 | 26 |
| EBITDA* | 771,024 | 1,388,038 | 1,581,465 | 420,753 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 5,157,825 | 3,232,035 | 2,661,387 | 1,899,532 |
| Intangible Assets | 502,345 | 314,301 | 246,818 | 200,484 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,660,170 | 3,546,336 | 2,908,205 | 2,100,016 |
| Stock & work in progress | 1,047,318 | 1,249,880 | 1,011,591 | 645,908 |
| Trade Debtors | 1,025,290 | 1,535,933 | 2,139,884 | 1,261,037 |
| Group Debtors | 1,908,874 | 2,864,118 | 1,835,799 | 629,054 |
| Misc Debtors | 252,679 | 176,427 | 217,723 | 8,000 |
| Cash | 178,945 | 1,651,116 | 2,397,840 | 3,026,463 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 4,413,106 | 7,477,474 | 7,602,837 | 5,570,462 |
| total assets | 10,073,276 | 11,023,810 | 10,511,042 | 7,670,478 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 845,665 | 485,673 | 576,990 | 723,342 |
| Group/Directors Accounts | 3,275,792 | 4,077,199 | 4,100,322 | 943,486 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 240,574 | 503,598 | 355,450 | 512,719 |
| total current liabilities | 4,362,031 | 5,066,470 | 5,032,762 | 2,179,547 |
| loans | 3,636,798 | 3,636,798 | 3,636,799 | 4,636,799 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 593,000 | 785,500 | 497,000 | 350,500 |
| total long term liabilities | 4,229,798 | 4,422,298 | 4,133,799 | 4,987,299 |
| total liabilities | 8,591,829 | 9,488,768 | 9,166,561 | 7,166,846 |
| net assets | 1,481,447 | 1,535,042 | 1,344,481 | 503,632 |
| total shareholders funds | 1,481,447 | 1,535,042 | 1,344,481 | 503,632 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 223,781 | 855,088 | 1,103,269 | 313,111 |
| Depreciation | 462,803 | 466,884 | 425,460 | 96,140 |
| Amortisation | 84,440 | 66,066 | 52,736 | 11,502 |
| Tax | -55,985 | -288,500 | -161,419 | -59,479 |
| Stock | -202,562 | 238,289 | 365,683 | 645,908 |
| Debtors | -1,389,635 | 383,072 | 2,295,315 | 1,898,091 |
| Creditors | 359,992 | -91,317 | -146,352 | 723,342 |
| Accruals and Deferred Income | -263,024 | 148,148 | -157,269 | 512,719 |
| Deferred Taxes & Provisions | -192,500 | 288,500 | 146,500 | 350,500 |
| Cash flow from operations | 2,211,704 | 823,508 | -1,398,073 | -596,164 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -801,407 | -23,123 | 3,156,836 | 943,486 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -1 | -1,000,000 | 4,636,799 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | 5,464 | 894 | 452 | 0 |
| cash flow from financing | -795,943 | -22,230 | 2,157,288 | 5,830,285 |
| cash and cash equivalents | ||||
| cash | -1,472,171 | -746,724 | -628,623 | 3,026,463 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -1,472,171 | -746,724 | -628,623 | 3,026,463 |
synthite (mold) limited Credit Report and Business Information
Synthite (mold) Limited Competitor Analysis
Perform a competitor analysis for synthite (mold) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in CH7 area or any other competitors across 12 key performance metrics.
synthite (mold) limited Ownership
SYNTHITE (MOLD) LIMITED group structure
Synthite (Mold) Limited has no subsidiary companies.
Ultimate parent company
2 parents
SYNTHITE (MOLD) LIMITED
12805820
synthite (mold) limited directors
Synthite (Mold) Limited currently has 8 directors. The longest serving directors include Mr Sana Niazi (Aug 2020) and Mr William Alexander (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sana Niazi | United Kingdom | 65 years | Aug 2020 | - | Director |
| Mr William Alexander | United Kingdom | 70 years | Aug 2020 | - | Director |
| Mr William Alexander | United Kingdom | 70 years | Aug 2020 | - | Director |
| Mr Keith Polden | United Kingdom | 52 years | Aug 2020 | - | Director |
| Mr Keith Polden | United Kingdom | 52 years | Aug 2020 | - | Director |
| Mr Michael Hughes | United Kingdom | 56 years | Feb 2021 | - | Director |
| Mr Kevin Bardsley | United Kingdom | 56 years | Mar 2021 | - | Director |
| Susan Wild | United Kingdom | 65 years | Aug 2022 | - | Director |
P&L
December 2023turnover
20.8m
-20%
operating profit
223.8k
-74%
gross margin
8.3%
-2.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.5m
-0.03%
total assets
10.1m
-0.09%
cash
178.9k
-0.89%
net assets
Total assets minus all liabilities
Similar Companies
synthite (mold) limited company details
company number
12805820
Type
Private limited with Share Capital
industry
20140 - Manufacture of other organic basic chemicals
incorporation date
August 2020
age
5
incorporated
UK
ultimate parent company
accounts
Medium Company
last accounts submitted
December 2023
previous names
synthite mold limited (August 2020)
accountant
-
auditor
GRANT THORNTON UK LLP
address
alyn works denbigh road, mold, flintshire, CH7 1BT
Bank
BARCLAYS BANK PLC
Legal Advisor
GORVINS LLP
synthite (mold) 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 did not find charges/mortgages relating to synthite (mold) limited.
synthite (mold) 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 SYNTHITE (MOLD) LIMITED. This can take several minutes, an email will notify you when this has completed.
synthite (mold) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
