Synergy Phr Limited

Synergy Phr Ltd from Newton Abbot UK is a small, holding company with an active status, established twelve years ago in 2012. The company employs just two people and holds assets valued at £419,566. It has a real address, is managed by three directors, and has one owner, boasting a stellar Google rating of 5.0 based on two reviews. Synergy Phr Ltd is a regular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with 17 months of import activity recorded.

The company’s website highlights its focus on sustainable energy solutions, specializing in heat pumps, renewable energy systems, and electrical services. It caters to both homes and businesses, emphasizing innovation, integrity, and expert craftsmanship to drive the transition to a cleaner energy future. The site lists plumbing, heating, renewables, electrical, and solar PV services, with a clear mission statement and a quote from Steve Jobs about striving for excellence.

Financially, Synergy Phr Ltd shows a mixed picture. Current assets increased slightly to £420,000, while net assets rose significantly to £970,000—a positive trend. However, bank borrowings increased by 110%, reaching £29,000, and corporation tax payable rose by 47% to £160,000. Trade debtors decreased by 55%, suggesting improved collection of payments. The company meets two of three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Fixed assets increased by 8.8% to £780,000. The company’s accounts are unaudited, as it’s exempt as a small company.

Overall, Synergy Phr Ltd appears to be financially stable, with growing assets and a solid base of operations. The increase in bank borrowings and tax payable should be monitored, but the company's focus on sustainable energy solutions and its positive customer reviews suggest a promising future.

Registered in England/Wales under the registration number 08335468, with a registered address at TQ12 2HP, Newton Abbot, Devon, 7 St Paul's Road.

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