Symprove Ltd

Symprove Ltd, based in Surrey, UK, is a sizable company operating as a holding company with an active status. Established 20 years ago in March 2005, it employs 58 people and holds assets valued at £9,895,819. The company generates £21,221,289 in yearly revenue, indicating a strong financial performance. With four directors and one owner, Symprove Ltd maintains a real address and operates an e-commerce site, boasting a Google rating of 4.0 based on 41 reviews. It’s an irregular importer of machinery, boilers, and mechanical appliances, with the last import operation occurring in November 2022, but a regular exporter of drinks, alcohol, and vinegar, with the most recent export in September 2024.

Symprove's website is a modern e-commerce platform dedicated to gut health. The site heavily promotes its flagship product, a liquid probiotic supplement, emphasizing its unique formulation and scientific backing. Visitors are guided through the science behind the product, exploring its benefits and how it works. The site also features testimonials, blog posts, and a subscription service offering convenience and savings. A key element is the focus on customer stories and the "Gut Diaries," a series of interviews showcasing real-life experiences with Symprove. The website’s design is clean and user-friendly, with clear calls to action encouraging visitors to explore the product and sign up for a subscription.

Financially, Symprove Ltd presents a mixed picture. While turnover remains strong, with a 34% increase to £21,221,289, the company has experienced some challenges. Net assets have decreased by 14%, falling to £1,200,000, and bank borrowings have increased significantly, reaching £3,900,000. Cash reserves have also declined by 70%, dropping to £270,000. Creditors, however, have decreased by 18%, suggesting improved debt management. The company’s size—meeting two of three conditions to be considered large—helps it remain competitive, but the decrease in equity warrants closer scrutiny. The accounts are audited by Shaw Gibbs (Audit) Limited, providing some assurance of their reliability.

Overall, Symprove Ltd appears to be a successful e-commerce business with a strong product and loyal customer base. However, the recent financial trends suggest that the company may be facing increased costs or challenges in managing its cash flow. The increased borrowings could be a sign of expansion or investment, but it's important to monitor the company's financial performance closely in the coming months.

Registered in England/Wales under the registration number 05395143, with a registered address at GU10 1PX, Surrey, Sandy Farm, The Sands, Farnham.

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