Synthite Limited
Manufacture of other organic basic chemicals · Mold
ActiveUnited KingdomIncorporated 1920Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£39,686,659
Cash
£10,685,657
Turnover
£52,021,596
Profit / loss
£3,464,665
Current assets
£38,606,732
Creditors < 1 year
£10,042,625
Equity
£39,686,659
Average employees
90
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-3112 months · Company · AI-read | 2024-12-31Company · AI-read | 2022-12-3112 months | 2021-12-3112 months | 2020-12-31 |
|---|---|---|---|---|---|
| Balance sheet | |||||
| Net assets | £39,686,659 | £39,831,990 | £33,058,561 | £31,914,863 | — |
| Equity | £39,686,659 | £39,831,990 | £33,058,561 | £31,914,863 | £26,970,229 |
| Share capital | £600,000 | £600,000 | — | — | — |
| Retained earnings | £33,320,631 | £33,915,962 | — | — | — |
| Assets | |||||
| Fixed assets | £12,689,651 | £17,333,796 | £12,124,051 | £12,668,137 | — |
| Intangible assets | £95,739 | £217,222 | — | — | — |
| Property, plant & equipment | £1,758,911 | £6,731,573 | £2,760,293 | £1,858,727 | — |
| Investments | £1,900,001 | £1,900,001 | — | — | — |
| Current assets | £38,606,732 | £31,136,113 | £29,540,068 | £26,753,822 | — |
| Cash at bank | £10,685,657 | £9,238,574 | £5,463,968 | £5,108,865 | — |
| Debtors | £21,258,792 | £16,919,047 | £19,828,449 | £18,585,650 | — |
| Stock | £6,662,283 | £4,978,492 | — | — | — |
| Liabilities | |||||
| Creditors within one year | £10,042,625 | £7,265,446 | £7,435,243 | £6,298,031 | — |
| Provisions | £1,567,099 | £1,372,473 | — | — | — |
| Net current assets | £28,564,107 | £23,870,667 | £22,104,825 | £20,455,791 | — |
| Assets less current liabilities | £41,253,758 | £41,204,463 | £34,228,876 | £33,123,928 | — |
| Profit & loss | |||||
| Turnover | £52,021,596 | £50,627,021 | — | — | — |
| Cost of sales | £46,873,183 | £46,207,660 | — | — | — |
| Gross profit | £5,148,413 | £4,419,361 | — | — | — |
| Administrative expenses | £2,104,407 | £2,044,973 | — | — | — |
| Other operating income | £142,350 | £142,350 | — | — | — |
| Operating profit | £3,186,356 | £8,074,683 | — | — | — |
| Interest receivable | £1,026,066 | £1,891,682 | — | — | — |
| Profit before tax | £4,662,422 | £11,236,365 | £4,014,584 | £5,490,128 | — |
| Tax | £1,197,757 | £2,201,214 | — | — | — |
| Profit / loss | £3,464,665 | £9,035,151 | £3,571,690 | £4,692,756 | — |
| Operating costs | |||||
| Depreciation | £307,846 | £290,175 | — | — | — |
| Amortisation | £135,754 | £140,123 | — | — | — |
| Operating lease charges | £576,899 | £578,777 | — | — | — |
| Audit fees | £43,250 | £42,000 | — | — | — |
| People & pay | |||||
| Average employees | 90 | 92 | 94 | 92 | — |
| Staff costs | £4,243,539 | £4,008,740 | — | — | — |
| Wages & salaries | £3,226,449 | £3,067,748 | — | — | — |
| Social security costs | £522,567 | £446,209 | — | — | — |
| Pension costs | £494,523 | £494,783 | — | — | — |
| Directors' remuneration | £566,399 | £656,754 | — | — | — |
| Highest paid director | £234,724 | £224,957 | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- What it does
- manufacture of chemicals · trading in chemicals · allied products (AI keywords)
- Outlook
- Research and development spend for 2026 will remain at similar levels to 2025.
- Auditor
- Grant Thornton UK LLP · senior statutory auditor Sergio Cardoso
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Tennants Consolidated Limited · England and Wales
- Ultimate parent
- Tennants Consolidated Limited · England and Wales
- Ultimate controlling party
- Tennants Consolidated Limited
- Accounts
- FRS 102
- Approved
- 2026-05-07, signed by Mr M G Hughes, Mr K D Bardsley
Subsidiaries (1)
- Marinochem Limited · Marino Point, Cobh, Co Cork
Turnover by segment (4)
- Home: 42,000,256 (2025-12-31)
- Export: 10,021,340 (2025-12-31)
- Home: 39,405,744 (2024-12-31)
- Export: 11,221,277 (2024-12-31)
Directors' report (5)
- Mr W P Alexander · resigned 2025-12-04
- Mr K J Polden
- Mr M G Hughes
- Mr K D Bardsley
- Mrs S G Wild
Share classes (1)
- 600,000 Ordinary shares of £1 each of £1
Events after the year end (3)
- On 11 February 2026, the directors approved a cash dividend of £13,917,000 payable to the company’s shareholders.
- On 11 February 2026, the company entered into a new loan agreement from its ultimate parent company, Tennants Consolidated Limited, for a total amount of £10,000,000; the loan is repayable on demand with interest paid quarterly at the market rate.
- Subsequent to the reporting date, the Company entered into a debenture in connection with a £150m revolving credit facility entered into by its ultimate parent undertaking; the Company granted fixed and floating charges over its assets and provided a guarantee in respect of amounts drawn under the facility.
Contingent liabilities (2)
- The company is party to a cross-guarantee, securing overdraft facilities for certain members of the Tennants Consolidated Limited group, of which £Nil was utilised at 31 December 2025 (2024: £Nil).
- The company has agreed to act as guarantor on behalf of fellow subsidiary Marinochem Limited; the maximum potential payment of liability by the company is €2,024,211.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFloating · created 2026-02-25
—
OutstandingShow 2 satisfied / released
Unknown · created 2007-02-05 · satisfied 2008-11-12
All monies
SatisfiedFixed · created 2006-12-14 · satisfied 2008-11-12
All monies
Satisfied