Synergy Health Systems Limited

Synergy Health Systems Ltd from Basingstoke UK is a large holding company with an active status, founded 18 years ago. The company employs 92 people and operates from a virtual address, managed by two directors and one owner. It regularly imports electrical machinery and equipment (14 months) and exports machinery, boilers, and mechanical appliances; parts (13 months).

The company’s website highlights Synergy Healthcare, offering a variety of staffing services and qualified personnel for hospitals, nursing homes, and community care. They provide temporary and permanent staffing solutions, catering to diverse care needs, including acute, dementia, palliative, and elderly care. The website lists a range of personnel, from general nurses to support workers, and even features a blog with career advice.

Financially, Synergy Health Systems Ltd demonstrates some interesting trends. Administrative expenses increased significantly by 53%, while staff costs rose by 20%. Bank borrowings increased by 11%, and cash reserves fell 23%. However, net assets increased by 8.9%, and net losses decreased by 110%. Creditors decreased by 18%, suggesting better debt management. The company meets the criteria for a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The accounts are audited by Ernst & Young LLP, and the report was signed by Mr M J Tokich.

While the company's financials show mixed signals, the growth in administrative expenses and staff costs could indicate expanding operations. The decrease in cash reserves, however, warrants further investigation. The company's focus on healthcare staffing appears to be a stable business model, but the long-term financial health depends on managing costs and maintaining a strong client base.

Registered in England/Wales under the registration number 06163415, 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.