Synergy Yachting Limited

Synergy Yachting Ltd, based in Bangor, UK, is a small, active company founded 17 years ago. With 12 employees and £137,563 in assets, it operates from a virtual address – a fact highlighted by the presence of 27 other companies registered at the same location. The company is led by five directors and owned by Ashwell Thomas Michael Branton and Scott Philip James, with a Google rating of just 1.0 based on a single review. Synergy Yachting regularly imports toys, games, and sports equipment, with its last import operation occurring in June 2024.

The company’s website, Synergy Yachting Multihull Solutions, positions itself as a specialist in catamaran ownership, assisting clients with everything from build and purchase to operation and training. It caters to a niche market, offering expertise in a complex area and even providing ongoing support and advice. The website’s content emphasizes neutrality and a focus on matching clients with the right yacht, suggesting a consultancy-based model rather than direct sales. There's no obvious e-commerce functionality; instead, the site functions as a marketing tool and information hub.

Financially, Synergy Yachting Ltd presents a mixed picture. Current assets have decreased by 42% to £140,000, while net assets have fallen 15% to £340,000. Bank borrowings have decreased by 58% to £38,000, and cash reserves have plummeted 68% to £34,000. Creditors have also decreased, although other debt increased. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity and cash reserves is concerning. The lack of an auditor mentioned—likely due to its small size—means the figures are unaudited. The company's financial statements are prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

Registered in England/Wales under the registration number 06350530, with a registered address at LL57 1LJ, Bangor, Gwynedd, Bangor Business Centre, 2 Farrar Road.

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