Synergy Worldwide Uk Ltd
- Small
- Holding
- Active
- 4 years
- £2,241,535 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Irregular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Synergy Worldwide Uk Ltd is a small, holding company based in London, UK, with an active trading status. Founded four years ago in 2020, the company holds £2,241,535 in assets and operates from a real address shared with one other company. It’s managed by two directors and has one owner, though this list isn’s exhaustive. The company is a regular importer of miscellaneous food products, with 23 months of import activity recorded, the latest in December 2024. It also exports clothing and accessories made by knitting or crocheting, but only for one month in July 2023. The company operates in the manufacture of essential oils industries.
The company’s website, Synergy WorldWide, showcases a global network focused on health and wellness products. It's clear the UK entity is part of a larger international operation, promoting a range of nutritional supplements, essential oils, and weight management solutions. The website emphasizes a community-based approach, with independent distributors selling products directly to consumers. It’s a multi-level marketing model, with a strong focus on online sales and social media engagement. The site is very active and has a lot of content.
Financially, Synergy Worldwide Uk Ltd presents a mixed picture. Cash reserves have dramatically increased, jumping from zero to £260,000—a positive sign of improved liquidity. However, net losses deepened from -£17,000 to -£47,000, suggesting ongoing operational challenges. Trade debtors have risen by 7.5% to £1,500,000, which could indicate delayed customer payments. Creditors have increased by 18% to £2,200,000, and accumulated depreciation has increased by 57%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the equity drop is concerning. The company’s accounts are abridged and unaudited, and no auditor is mentioned.
In short, Synergy Worldwide Uk Ltd is showing signs of growth but also facing financial pressures. The increase in cash reserves is encouraging, but the ongoing losses and rising debts suggest the company is burning through money. Whether it can sustain this growth long-term remains to be seen, but the company’s strong online presence and global network offer a foundation for future success.
Registered in England/Wales under the registration number 12933394, with a registered address at EC4V 4AY, United Kingdom, London, C/O Wedlake Bell Llp Floor 8, 71 Queen Victoria Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Nature S Sunshine Products Inc
- 4 years
- 75%+
-
Resident of United States
Managers
-
Individual
- Lanoy Jonathan David
- 2 years
-
Resident of United States
-
Individual
- Yates Bryant Jeffery
- 4 years
-
Resident of United States
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-10-05 with updatesDownload 4 pages pdf report
-
Unaudited abridged accounts made up to 2023-12-31Download 8 pages pdf report
-
Confirmation statement made on 2023-10-05 with updatesDownload 4 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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Last exported products
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FAQ about Synergy Worldwide Uk Ltd
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