Synergy Health Limited

Synergy Health Ltd, based in Basingstoke, UK, is a large holding company with an active status, having operated for 28 years. The company, with seven employees and £32.72 million in assets, functions from a virtual address – a point of note as 33 companies are registered at the same location. It’s managed by two directors and has one owner, although this owner list is not exhaustive. Synergy Health regularly imports optical and medical tools and devices (for 10 months, the last in December 2024) and exports machinery, boilers, and mechanical appliances (for 42 months, the last in December 2023).

The company’s website showcases a focus on workplace wellbeing programs. It’s not an e-commerce site in the traditional sense; instead, it offers digital platforms and services designed to improve employee health and engagement. They provide customizable programs, wearable integration (Google Fit, Fitbit, Garmin), and a toolkit of resources for managers and teams. New initiatives, like the "Give A Bit" program supporting charities and a wellbeing platform comparison guide, demonstrate a commitment to innovation. The website highlights partnerships with organizations like NZ Police and emphasizes a consultative approach to client needs.

Financially, Synergy Health Ltd presents a mixed picture. Administrative expenses decreased significantly, dropping by 95%, to £950,000. However, current assets fell by 10% to £33 million, and net assets increased by 22% to £39 million. Cash bank on hand decreased by 10% to £62,000. A notable trend is the sharp decrease in amounts owed by group undertakings, falling by 10% to £28 million. Current tax for the period shifted dramatically, moving from zero to a negative £3.2 million—a substantial change. Dividends paid remained constant at £59 million. The company’s auditor is Ernst & Young LLP. While the decrease in administrative expenses is positive, the shift to a negative tax position and the decrease in cash reserves suggest potential financial pressures. The company’s large size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and over 250 employees) means it’s subject to greater scrutiny, and the unaudited figures should be viewed with caution.

Registered in England/Wales under the registration number 03355631, with a registered address at RG21 4EQ, England, Basingstoke, Hampshire, 2200 Renaissance, Basing View.

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