Sygny Limited

Sygny Limited is a small, active company based in Romford, UK, established eight years ago in 2017. With just two employees and £93,789 in assets, it’s a solo-founded operation led by a single director and owner. The company operates in both management consultancy and sound recording/music publishing, a somewhat unusual combination. It has a real registered address and has imported optical and medical tools and devices, though only for one month in 2019.

The company’s email address, Sygny Records, suggests a focus on music-related activities, and its website is simple, providing contact information. It's likely a small operation with a niche focus, possibly leveraging digital platforms for both consultancy and music publishing.

Financially, Sygny Limited presents a mixed picture. Current assets have fallen by a significant 47% to £94,000, and net assets have followed suit, dropping by the same amount. Cash reserves have also declined sharply, falling 47% to £94,000. While creditors have decreased, and trade debtors have increased slightly, the overall trend points to a reduction in financial strength. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) allows for agility, but the decline in assets is concerning. No auditor is mentioned, which is typical for a small, exempt company.

The decrease in cash reserves, combined with the decline in overall assets, suggests Sygny Limited may be burning through cash. It's possible the company is reinvesting in its business or facing increased expenses, but the trend warrants close monitoring. The company's dual focus on consultancy and music publishing could be a source of diversification, but it also requires careful management to ensure profitability in both areas.

Registered in England/Wales under the registration number 10765117, with a registered address at RM4 1QH, England, Romford, Coach House, Mylands Farm, Broxhill Road.

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