Sychem Limited

Sychem Ltd from Leigh On Sea UK is a small holding company with an active status, established 22 years ago. Employing 51 people, the company holds £4,961,399 in assets and operates from a virtual address, a detail that’s a little unusual given eighty other companies are registered at the same location. It’s managed by eight directors and has one owner, though the list of owners was changed seven years ago. Sychem regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 166 months of import activity and 74 months of export activity recorded.

The company's website reveals it's a surgical instrument manufacturer, Sychem Surgical, operating from Sheffield. They specialize in manufacturing and supplying surgical instruments and products for the healthcare, medical, and laboratory industries. They also offer repair and refurbishment services for surgical instruments, and are even acquiring S Murray Ltd, a well-established surgical instrument manufacturer. Their website highlights a commitment to quality, with products manufactured in accordance with ISO 13485 standards. The site also features a catalogue of over 7000 surgical instruments, and emphasizes a range of practices and a carbon-neutral operation.

Financially, Sychem Ltd’s recent performance presents a mixed picture. Cash reserves have plummeted by 82%, dropping to £47,000, while bank borrowings have surged by a massive 5500%, reaching £27,000. Creditors have also increased significantly, rising 9.9% to £2,700,000. However, net assets have increased by 23%, reaching £2,600,000, and trade debtors have decreased by 11%, suggesting improved collection of payments. The company's small size—meeting two of three criteria for being a small company—helps it remain flexible, but the sharp decline in cash raises concerns. The company’s auditor is Platt Rushton LLP, and the accounts were authorised on December 18, 2024. It seems like the company is facing some pressures, but it’s also expanding its operations and acquiring new businesses.

Registered in England/Wales under the registration number 04698955, with a registered address at SS9 2RZ, Leigh On Sea, Essex, Sutherland House, 1759 London Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.