Synergy Group Sussex Limited

Synergy Group Sussex Ltd, based in Burgess Hill, UK, is a small, family-run business with an active status, celebrating 24 years in operation. Employing 12 people and holding £246,936 in assets, the company operates from a real address and is managed by two directors and owners. It maintains a stellar 5.0 Google rating based on four reviews. Synergy Group is an irregular importer, primarily dealing with miscellaneous manufactured goods, with recent import activity recorded just two months ago.

The company’s website paints a picture of a print and direct mail specialist. They emphasize their commitment to environmental responsibility, offering services that minimize waste and maximize efficiency. Synergy Group positions itself as a trusted partner, boasting decades of experience and a focus on building long-term relationships. Their services range from print production and direct mail management to distribution and intelligent support for sales teams. They even offer VAT-exempt mailing solutions for charitable organizations. The website showcases a wide range of capabilities, including print for various formats, direct mail services, and distribution solutions tailored to different needs. They cater to a diverse clientele, including automotive, construction, financial services, and utilities sectors.

Financially, Synergy Group Sussex Ltd shows a mixed picture. Accumulated amortisation impairment for intangible assets increased by 7.4%, while accumulated depreciation impairment for property, plant, and equipment rose by 5.0%. Advances to directors increased, but advances credits made in the period decreased. Bank borrowings decreased, but cash reserves plummeted by 98%, leaving just £150. Creditors also decreased, and net assets declined significantly by 34%. The company’s small size (meeting two of three conditions for being classified as small) allows for agility, but the sharp drop in equity and cash reserves warrants attention. The unaudited financial statements, lacking an auditor’s review, rely on director-reported data.

The company’s focus on print and direct mail, combined with its family-run nature and commitment to customer service, suggests a stable, albeit potentially vulnerable, business model. The decline in cash reserves, however, highlights the need for careful financial management to ensure long-term sustainability.

Registered in England/Wales under the registration number 04132806, with a registered address at RH15 9TN, England, Burgess Hill, Unit 9 19 Albert Drive.

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