Syntol Limited

Syntol Limited, based in Ellesmere Port, UK, is a small, active company founded five years ago. It employs five people and holds £1,144,323 in assets, operating from a real address. The company has two directors and two owners, and is an irregular importer of plastics and plastic products, with its last import operation occurring in June 2024. Syntol Limited operates within the wholesale of petroleum and petroleum products industries.

The company’s website highlights its focus on lubricant technology, creating "genuine world class lubricants" in a UK-based facility. It emphasizes high-quality raw materials and advanced processes, catering to motorcycle, automotive, agricultural, and commercial sectors. The website also mentions a racing sponsorship program and OEM approvals, suggesting a broader reach than just wholesale.

Financially, Syntol Limited shows a mixed picture. Cash reserves have significantly increased by 130%, reaching £370,000, a positive sign of improved liquidity. However, net assets have also risen by a substantial 91%, to £650,000, likely driven by increased retained earnings. Creditors have increased by 45%, reaching £610,000, which could indicate expanded supplier relationships or increased inventory levels. Trade debtors have also increased by 45%, to £520,000, potentially reflecting delayed customer payments. Despite these changes, the company remains small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). There's no mention of an auditor, which is common for small companies. The increase in bank borrowings by 2,400% to £29,000 is concerning, but it's balanced by the significant growth in cash reserves. It appears the company is investing in its operations, but careful management of debt will be important going forward.

Registered in England/Wales under the registration number 12206315, with a registered address at CH65 5EU, United Kingdom, Ellesmere Port, Syntol Ltd 23 Telford Rd, Thornton Industrial Estate.

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