Syntium Lift Parts Limited

Syntium Lift Parts Ltd, based in Maidstone, UK, is a small holding company with an active status, having been founded 14 years ago in 2010. Employing just four people, the company holds £2,162,987 in assets, though its registered address is likely a virtual one, as 119 companies share the same location. With three directors and one owner, Syntium Lift Parts operates as a regular importer of electrical machinery and equipment, having imported for 25 months, with the last import occurring in January 2025. It also exports machinery, boilers, and mechanical appliances, but only irregularly, with just two months of export activity recorded as of December 2023.

The company’s website highlights its focus on lift communication components, positioning itself as a leader in the UK market. Formed by Dave O’Brien, who has decades of experience in the lift industry, Syntium Lift Parts supplies state-of-the-art components and offers unrivalled technical support. The company’s “Synplicity” brand is promoted, and the website mentions upcoming changes to UK telephone communication systems, and invites visitors to see them at Liftex 2025. The site also features a range of products, including autodialler units, firefighting intercom systems, and evacuation intercom systems, alongside technical support resources and news updates.

Financially, Syntium Lift Parts Ltd presents a mixed picture. Cash bank on hand increased significantly by 28%, reaching £980,000, while current assets also rose by 25%, to £2,200,000. However, creditors increased by 6.4%, reaching £470,000, and bank borrowings completely disappeared, which is a positive sign. Debtors also increased by 37%, to £890,000. The company’s net assets grew by 35%, reaching £1,700,000, but the increase in creditors suggests a need to manage cash flow. As a small company, it is exempt from an audit, and the figures are unaudited. The company’s small size—meeting two of three criteria for a small company—allows it to remain agile, but the increase in debt needs to be monitored.

Registered in England/Wales under the registration number 07418673, with a registered address at ME14 1JP, United Kingdom, Maidstone, Kent, 2nd Floor Medway Bridge House, 1-8 Fairmeadow.

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