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Company No. 00098381 · Incorporated 16 Jun 1908

Synthomer PLC

Registered name: SYNTHOMER PLC

Synthomer PLC made £1.9bn revenue and a £69.3m loss in the year to 31 Dec 2024.

Synthomer PLC’s revenue was £1.9bn in the year to 31 Dec 2024, with a loss of £69.3m and 4,127 employees. The company is classified under “activities of head offices” and is based in Essex.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70100Activities of head offices
Status
Active
Location
Essex, East of England
Age
118 yrs · since 1908
Type
Public Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2024

Key figures

Independent
Revenue
£1.9bn
Growth —
Profit
−£69.3m
Growth —
Profit margin
−3.6%
 
Employees
4,127
Change —
Profit / employee
−£16.8k
Revenue/employee £468k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 2024
DisclosureFull P&L
Profit & loss
Revenue (turnover)£1.9bn
Operating profit−£26.2m
Profit before tax−£87.6m
Profit after tax−£69.3m
Profit (best available)−£69.3m
Employees (average)4,127
Ratios
Profit margin−3.6%
Revenue per employee£468k
Profit per employee−£16.8k
Balance sheet — indirect signals, not revenue
Net assets—
SourceAccounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
−3.6%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£468k
Revenue ÷ average employees.
Profit per employee
−£16.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now —
Cash at bank
—
Now —
Headcount
—
Now 4,127
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Subsidiaries (8)

From the Persons with Significant Control register (corporate controllers only).

Sources

Latest figures from accounts for the year to 31 Dec 2024 (profit −£69.3m), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.