TS RESINS LIMITED
Company number 08263403 · Monitor this company
Executive summary
TS Resins Limited presents a medium-risk profile as a profitable, established chemical manufacturer with a strengthening balance sheet but declining profitability and concentrated ownership under Synthite Limited (>75%). The 20.6% decline in pre-tax profit, combined with increased dividend extraction that saw cover reduce from approximately 3.9x to 1.9x, warrants monitoring to ensure the parent's interests do not override the company's long-term financial resilience. The clean audit from Grant Thornton and absence of regulatory issues provide reassurance, but related party exposure and leverage at 67% of total assets require further investigation before committing institutional capital.
Shareholders' funds
£3,747,765
Balance sheet as at 2022-12-31
What it does
The principal activity of the company continued to be that of manufacturing of resins, adhesives and hardeners.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2012-10-22
- Employees
- 20 (2022 accounts · was 21 in 2021)
- Registered office
- Alyn Works, Denbigh Road, Mold, Flintshire, CH7 1BT
- Postcode
- CH7 1BT
- Capital
- 750,000 GBP
- Accounts category
- Medium
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-05-14
- Next due by
- 2027-05-28
Nature of business (SIC)
- 20140 Manufacture of other organic basic chemicals
Officers 5 current · 4 resigned
Group structure
Controlled by SYNTHITE LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Modern slavery statement
Registered a modern slavery statement for 2026 (period to 2025-12-31) as part of the TENNANTS CONSOLIDATED LIMITED group statement — 5 years on the registry.
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Contact details
- Website
- tsresins.co.uk
- Phone
- 01352700182, 01352757657
TS Resins specialise in a range of products including: Urea Formaldehyde, Melamine & Amino Resins, Resin Systems, Aerolite, hardeners & wood glues
Competitors Chester
This company ranks 3 among manufacture of other organic basic chemicals in Chester.
The class of 2012
21%
of the 492,228 companies incorporated in 2012 are still active today; 76% have since been dissolved.
A fact about the year, not a forecast for this company.