Synergy Controls Limited

Synergy Controls Ltd, based in Biggleswade, UK, is a small, active company founded 17 years ago. With just four employees and £277,429 in assets, it’s a solo-founded operation managed by two directors and a single owner. The company operates from a virtual address, registered with twenty-two other companies, which suggests a shared office space or a mail forwarding service. It’s an irregular importer, bringing in electrical machinery and equipment for just one month in 2019, but a regular exporter, shipping the same equipment for seven months, with the most recent activity in February 2024.

The company’s website, synergycontrols.co.uk, highlights its specialization as a Crestron integrator, providing home automation solutions. It caters to both residential and commercial clients, offering services ranging from audio-visual installations to lighting control, HVAC management, and security systems. The site emphasizes a "one-stop shop" approach, integrating various technologies into a single control point—avoiding the need to switch between apps and controllers. It also boasts a partnership with Crestron, recognized as an "Elite Pro dealer," which highlights the company’s experience and performance on the platform. The website also mentions a marine division catering to luxury yachts.

Financially, Synergy Controls Ltd shows some concerning trends. Cash bank on hand has fallen significantly by 61% to £69,000, while debtors have risen dramatically by 120% to £180,000. This could indicate a period of increased sales but also a potential issue with collecting payments. Creditors have also decreased by 15%, which is a positive sign. Net assets have increased by 14% to £26,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

Overall, Synergy Controls Ltd appears to be a specialist provider in a niche market, but the sharp increase in debtors and decrease in cash reserves warrant closer attention. It’s a small company, so it can adapt quickly, but managing cash flow will be crucial for its continued success.

Registered in England/Wales under the registration number 06411296, with a registered address at SG18 9RB, England, Biggleswade, Harrison House, Langford Road.

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