Sychem Limited
Registered name: SYCHEM LIMITED
Part of TS Group International Limited groupSychem Limited made £10.6m revenue and £60.3k profit in the year to 31 Dec 2025.
Sychem Limited’s revenue grew 1% to £10.6m in the year to 31 Dec 2025, with £60.3k profit and 63 employees. The company is classified under “wholesale of chemical products” and is based in Southampton; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Southampton, South East
- Age
- 23 yrs · since 2003
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | — | £12.5m | £10.5m | £10.6m |
| Cost of sales | — | — | £6.4m | £5.1m | £4.7m |
| Gross profit | — | — | £6.1m | £5.4m | £5.9m |
| Operating profit | — | — | £747k | −£302k | £21.4k |
| Profit before tax | — | — | £738k | −£316k | £2.3k |
| Profit after tax | — | — | £483k | −£291k | £60.3k |
| Profit (best available) | — | — | £483k | −£291k | £60.3k |
| Staff costs | — | — | £3.2m | £3.4m | £3.4m |
| Employees (average) | 17 | 51 | 61 | 66 | 63 |
| Ratios | |||||
| Profit margin | — | — | 3.9% | −2.8% | 0.6% |
| Gross margin | — | — | 48.5% | 51.7% | 55.5% |
| Revenue per employee | — | — | £205k | £158k | £168k |
| Profit per employee | — | — | £7.9k | −£4.4k | £957 |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | ▼16.3% | ▲1.4% |
| Profit growth | — | — | — | ▼160.2% | — |
| Headcount growth | — | ▲200% | ▲19.6% | ▲8.2% | ▼4.5% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £573k | £257k | £47k | £126k | £80.9k |
| Net assets | £1.7m | £2.1m | £2.6m | £1.8m | £1.9m |
| Fixed assets | £343k | £461k | £585k | £473k | £340k |
| Current assets | £2.8m | £4.2m | £5m | £4m | £3.2m |
| Debtors | £1.2m | £2.2m | £1.9m | £1.4m | £1.1m |
| Deferred income | — | — | £393k | £523k | £428k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 0.6%
- Profit ÷ revenue.
- Gross margin
- 55.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £168k
- Revenue ÷ average employees.
- Profit per employee
- £957
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.8%
- Money owed by customers. Low = customers pay quickly.
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
- ▲3%
- Now £1.9m
- Cash at bank
- ▼36%
- Now £80.9k
- Headcount
- ▼5%
- Now 63
- Deferred income
- ▼18%
- Now £428k
- Fixed assets
- ▼28%
- Now £340k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- TS Group International Limitedultimate parent75–100%
- Sychem Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Process Products Direct LimitedFigures not disclosed
- So Creative Marketing LimitedFigures not disclosed
- Sychem Surgical LimitedFigures not disclosed
- Tapflo (UK) LimitedFigures not disclosed
- TS Pumps LimitedFigures not disclosed
- TSM Pumps LLPFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £60.3k), from the Companies House accounts bulk data published Aug 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.