Synergy In Trade Ltd

Synergy In Trade Ltd from Lutterworth UK: a small, active company founded seventeen years ago, employs thirteen people, and holds £5,814,151 in assets. It’s a real address with three directors and two owners. The company regularly imports furniture, lighting, and prefabricated buildings (328 months) and exports the same items (3 months). It operates in the financial intermediation not elsewhere classified industries.

The company’s website highlights its role as an essential partner for UK companies trading internationally, particularly those without dedicated import or export staff. Synergy In Trade offers services like letters of credit, bank guarantees, and UK Export Finance, attending industry events like GTR KSA UK '25. It specializes in trade finance, providing expert advice and funding for both imports and exports, even for startups. The website also mentions a division focused on piano restoration, a high-end venture with a showroom in Harrods.

Financially, Synergy In Trade Ltd demonstrates a mixed picture. While current assets remain stable at £5,800,000, bank borrowings increased by 18% to £920,000. Creditors decreased by 8.8% to £1,400,000, suggesting improved debt management. Net assets increased by 4.4% to £4,400,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the increased bank borrowings suggest a reliance on external funding. No auditor is mentioned, likely due to its status as a small company, so the figures are unaudited.

It seems the company is holding steady, but with increased borrowing. The piano restoration division, meanwhile, thrives on prestige—a contrast to the more modest trade finance operations.

Registered in England/Wales under the registration number 06385438, with a registered address at LE17 4DB, England, Lutterworth, Leicestershire, Hythe House, 68 Woodmarket.

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