Syncline Solutions Limited

Syncline Solutions Ltd, based in South Lanarkshire, UK, is a small, active company founded 21 years ago. With nine employees and £649,652 in assets, it operates from a virtual address, a fact highlighted by the presence of 101 companies registered at the same location. The company is led by two directors and owned by a solo founder, Wilson Peter, and boasts a perfect 5.0 Google rating from just three reviews. It’s an irregular importer, primarily dealing in vehicles, parts, and accessories (excluding trains and trams), with the last import operation recorded just a month ago.

The company’s website reveals a focus on perimeter security solutions. They design, install, and maintain systems, targeting businesses where security failures are unthinkable. Their services include design consultations and ongoing maintenance, emphasizing extended product life and reduced costs. They supply a wide range of products, including crash-rated barriers, gates, bollards, and blockers, and pride themselves on offering the best product for each site's specific needs, avoiding vendor lock-in.

Financially, Syncline Solutions Ltd appears to be experiencing growth, but also facing some challenges. Current assets have increased by 55% to £650,000, while net assets have also grown by 56% to £470,000. Bank cash has increased by 27% to £310,000. However, creditors have risen significantly by 67% to £200,000, and trade debtors have more than doubled to £340,000. The company’s employee numbers have also increased by 33% to twelve. The company is small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 25 employees), and is exempt from an audit. The rise in debtors suggests potential difficulties in collecting payments, and the increase in creditors may indicate a reliance on short-term financing.

Registered in Scotland under the registration number SC252807, with a registered address at ML3 6DA, South Lanarkshire, 29 Brandon Street, Hamilton.

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