Synextra Limited

Synextra Ltd, based in Warrington, UK, is a small holding company with an active status, established ten years ago in 2014. The company employs fourteen people and holds £1,898,737 in assets, operating from a real address in Winwick. It’s managed by one director and one owner, and enjoys a stellar 5.0 Google rating from fifteen reviews. Synextra is an irregular importer, primarily dealing in miscellaneous manufactured goods, with its last import operation occurring in December 1998.

The company’s website indicates it specializes in IT support and services, catering to businesses in Winwick and beyond. It’s a private limited company registered in England/Wales, and its core business appears to be information technology consultancy activities. The address is probably real as only four companies registered at the same address.

Financially, Synextra Ltd presents a mixed picture. While current assets have increased significantly, jumping 170% to £1,900,000, net assets have improved by 99% to £360,000. Bank borrowings have decreased by 33% to £11,000, and cash reserves have increased dramatically, rising 180% to £1,100,000. Trade debtors have also risen considerably, increasing by 120% to £700,000. Creditors, however, have surged by 230% to £1,300,000. The company’s small size—meeting two of three criteria for being a small company—helps with agility, but the substantial increase in creditors warrants attention. The company’s retained earnings accumulated losses have improved by 99% to £59,000. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

The increase in debtors suggests potential issues with customer payments, while the rise in creditors could indicate increased reliance on short-term financing. The company’s growth in assets and cash reserves is encouraging, but the overall financial health requires careful monitoring.

Registered in England/Wales under the registration number 09134843, with a registered address at WA3 6GA, England, Warrington, Cheshire, Fifth Floor, 401 Faraday House, Faraday Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.