Sydenhams Ltd

Sydenhams Ltd, a family business based in Bournemouth, UK, is a holding company with a rich history spanning 104 years. Established in 1920, the company employs 392 people and holds assets valued at £38,490,656. It operates an e-commerce site and is a regular importer of wood and wood products, with 219 months of import activity recorded. The company has ten directors and three owners, and boasts a real address with only five other companies registered at the same location.

According to recent filings, Sydenhams Ltd is a holding company with a strong presence in the wholesale of wood, construction materials, and sanitary equipment. The company’s website showcases a vast range of products, from paving and decking to plumbing supplies and safety equipment, catering to both trade and retail customers. It's clear that Sydenhams is a one-stop shop for building and landscaping needs, with a detailed catalog and helpful advice sections. The site’s focus on customer service, including a free delivery offer over £250, suggests a commitment to building lasting relationships.

Financially, Sydenhams Ltd presents a mixed picture. While turnover remains steady, administrative expenses increased by 4.1% to £29 million. However, cash and cash equivalents decreased by a significant 44% to £5.1 million. Accounts receivable increased by 10%, suggesting a potential issue with collecting payments, and bank borrowings increased by 68% to £3 million. Despite these challenges, retained earnings increased by 2.5% to £40 million. The company’s net assets, however, decreased by 2.1% to £40 million. The absence of an auditor's report, likely due to its size, means these figures are unaudited.

The company’s focus on family ownership and long-standing relationships, combined with its diverse product range and commitment to customer service, positions it well in the competitive building materials market. However, the increase in expenses and decrease in cash reserves highlight the need for careful financial management to ensure continued success. The company's Sherborne Holdings Ltd, Sherborne Charles John, and Sherborne James Richard are the owners.

Registered in England/Wales under the registration number 00168966, with a registered address at BH1 4LG, Bournemouth, Dorset, 45-47 Ashley Road, Boscombe.

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