Synechron Limited

Synechron Limited, based in London, UK, is a large company with an active status, established 22 years ago. Employing 314 people, it holds assets worth £26,299,632 and generates yearly revenue of £70,793,463. The company, led by four directors and a solo founder (Husain Faisal), maintains a real address and boasts a stellar 5.0 Google rating from 13 reviews. It’s an irregular importer, primarily dealing in toys, games, and sports equipment, with its last import operation occurring over a year ago in August 2019.

The company operates as a technology and AI consultancy for businesses, offering a wide range of services including artificial intelligence, cybersecurity, data solutions, and software engineering. Its website highlights a focus on serving the financial services and insurance industries, with a strong emphasis on collaborative “FinLabs” to develop innovative business solutions. It also has a dedicated section for press releases and events, showcasing recent achievements and partnerships.

Financially, Synechron Limited’s recent report paints a mixed picture. While revenue increased by a healthy 13%, net assets have fallen by a significant 21% to £8.5 million. Cash reserves have also declined by 10%, dropping to £2.1 million. Bank borrowings have surged by a substantial 2400%, reaching £29 million, and trade debtors have ballooned by 890%, suggesting potential issues with customer payments. Creditors, however, have decreased by 18%, indicating improved debt management. The company's large size (meeting two of three criteria for a large company) helps it navigate the competitive market, but the decline in equity raises concerns. The report was not audited, so the figures rely on management's assessment.

Despite these financial pressures, Synechron Limited appears to be a well-regarded consultancy with a strong reputation and a focus on innovation. The company’s continued investment in new technologies and its commitment to client partnerships suggest a determination to overcome these challenges and maintain its position in the market.

Registered in England/Wales under the registration number 04551868, with a registered address at EC2V 7NA, United Kingdom, London, Seventh Floor, 95 Gresham Street.

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