SYNTHOMER TRADING LIMITED
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Cash
£3.4m
EUR 3,938,000
+91.5% vs 2024
Net assets
£95m
EUR 111,200,000
+115.9% highest in 3 filed years
Employees
8
+14.3% highest in 3 filed years
Profit before tax
-£34m
EUR -40,274,000
+9.4% vs 2024
Watch the reel
Our short-form breakdown of SYNTHOMER TRADING LIMITED's latest filing
Synthomer Trading crossed £1bn in revenue, but the bottom line is still bleeding. Here is a look inside the accounts. 📊
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-08-02.
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £594,390,202 | £959,497,259 | £1,013,748,715 | +5.7% | |
| Operating profit | -£14,232,614 | -£33,385,577 | -£26,428,571 | +20.8% | |
| Profit before tax | -£15,495,889 | -£38,077,252 | -£34,492,977 | +9.4% | |
| Net profit | -£11,661,528 | -£31,746,317 | -£34,516,101 | -8.7% | |
| Cash | — | £1,760,877 | £3,372,730 | +91.5% | |
| Total assets less current liabilities | £77,252,484 | £45,351,148 | £95,906,132 | +111.5% | |
| Net assets | £75,854,745 | £44,108,428 | £95,238,095 | +115.9% | |
| Equity | £75,854,745 | £44,108,428 | £95,238,095 | +115.9% | |
| Average employees | 7 | 7 | 8 | +14.3% | |
| Wages | £641,487 | £805,927 | £880,439 | +9.2% | |
| Directors' remuneration | £0 | £0 | — | — |
Figures converted to GBP from EUR at 0.856 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -2.4% | -3.5% | -2.6% | |
| Net margin | -2.0% | -3.3% | -3.4% | |
| Return on capital employed | -18.4% | -73.6% | -27.6% | |
| Gearing (liabilities / total assets) | — | 68.6% | 57.4% | |
| Current ratio | 1.90x | 1.48x | 1.75x | |
| Interest cover | -1.88x | -1.92x | -1.41x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors believe that the Company can continue to operate for a period of at least 12 months from the date of approval of these financial statements and therefore continue to adopt the going concern basis of preparation. The Company has received a letter of support from Synthomer plc, the ultimate parent company, and a statutory guarantee against all outstanding liabilities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CATHROW, Stuart James | Director | 2018-03-16 | Oct 1971 | British |
| LIU, Lili | Director | 2022-07-01 | Feb 1972 | British |
| PRAKASH, Anant | Director | 2023-02-24 | Sep 1985 | British |
| WARD, Andrew John | Director | 2024-08-01 | Feb 1976 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ATKINSON, Richard | Secretary | 2016-04-15 | 2023-02-24 |
| ATKINSON, Richard | Director | 2016-04-15 | 2023-02-24 |
| BENNETT, Stephen Guy | Director | 2016-04-15 | 2022-07-01 |
| BLACKBURN, Stephen Richard, Dr | Director | 2019-01-23 | 2024-07-19 |
| BURNETT, Andrew David | Director | 2016-04-15 | 2017-04-05 |
| MORGAN, Brian | Director | 2018-03-16 | 2022-08-22 |
| RASHID, Shahid-Fraz | Director | 2019-08-22 | 2020-01-31 |
| RASHID, Shahid-Fraz | Director | 2017-04-05 | 2019-01-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Synthomer Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-15 | Active |
Filing timeline
Last 20 of 67 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-05-16 RESOLUTIONS Resolution
- 2026-05-16 MA Memorandum articles
- 2026-04-28 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-10 | AA | accounts | Accounts with accounts type full | |
| 2026-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-16 | RESOLUTIONS | resolution | Resolution | |
| 2026-05-16 | MA | incorporation | Memorandum articles | |
| 2026-05-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-28 | MA | incorporation | Memorandum articles | |
| 2026-01-06 | SH01 | capital | Capital allotment shares | |
| 2025-08-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-23 | AA | accounts | Accounts with accounts type full | |
| 2025-07-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-07 | CH01 | officers | Change person director company with change date | |
| 2025-05-07 | CH01 | officers | Change person director company with change date | |
| 2025-05-06 | CH01 | officers | Change person director company with change date | |
| 2025-05-06 | CH01 | officers | Change person director company with change date | |
| 2025-05-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-09-17 | AA | accounts | Accounts with accounts type full | |
| 2024-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-23 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-18 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.