Syntiga Limited

Syntiga Ltd, based in Harrow, UK, is a sizable company with an active status, having been established 22 years ago. Employing 11 people, the business holds £3,057,646 in assets and generates a yearly revenue of £16,614,409. While it has a registered address, fifty-five other companies are also registered there, suggesting a virtual address. The company is led by a single director and owner, who is also the solo founder. It boasts a respectable Google rating of 4.0 based on seven reviews. Syntiga regularly imports and exports toys, games, and sports equipment, with a history of 68 months of imports and 146 months of exports.

The company’s website paints a picture of a dynamic, multichannel ecommerce group focused on enhancing the gaming experience. Syntiga designs, develops, manufactures, and distributes consumer products, shipping to over 30 countries with a global distribution network. They also operate Orzly, a brand focused on gaming accessories, and offer franchise opportunities. The website highlights a passion for data, consumer trends, innovation, and brand building, and actively seeks talented individuals to join their growing team.

Financially, Syntiga Ltd shows a mixed bag. While turnover increased slightly, rising 4.3% to £17 million, net assets took a significant hit, dropping 42% to £2.8 million. Bank borrowings increased considerably, and cash reserves fell 30% to £1.2 million. Creditors decreased by 11%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) allows for agility, but the decline in equity raises questions. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Syntiga Ltd appears to be navigating a period of change. The company’s focus on ecommerce and brand building suggests a forward-thinking approach, but the financial data indicates a need for careful management and potentially, a re-evaluation of its growth strategy.

Registered in England/Wales under the registration number 04537429, with a registered address at HA1 3EX, United Kingdom, Harrow, Middlesex, 5 Jardine House Harrovian Business Village, Bessborough Road.

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