Syrinix Limited

Syrinix Ltd from Norwich UK: a small holding company with an active status, was founded 21 years ago and currently employs 21 people. The company holds £2,284,343 in assets and operates from a real address, managed by three directors and one owner. It regularly imports and exports optical and medical tools and devices, with 17 months of import activity and 122 months of export activity.

The company’s website, ARC InterCapital, positions itself as an investment firm, providing funding and strategic support to businesses. It lists a portfolio of companies across various sectors, including applied kilovolts, Aria Networks, and Fitness First. ARC InterCapital doesn's appear to be an e-commerce site; instead, it functions as a venture capital firm, seeking out and investing in promising businesses. The website details its investment principles and business practices, highlighting its ability to work with businesses of varying sizes and stages of development.

Financially, Syrinix Ltd has experienced some concerning trends. Current assets have fallen by 19% to £2,300,000, and net assets have dropped by 48% to £470,000. Bank borrowings have increased, and cash reserves have fallen, suggesting the company is burning through money. Trade debtors have plummeted, which could be a good thing, but it also indicates a significant reduction in sales. 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 flexibility, but the declining equity raises questions about its long-term viability. The accounts are unaudited, and no auditor is mentioned, so the figures rely on director-reported data.

While Syrinix Ltd appears to be a well-established importer and exporter of medical devices, the recent financial performance suggests it’s facing challenges. The company's reliance on external funding, as highlighted by ARC InterCapital’s investment, may be a sign of ongoing financial pressures.

Registered in England/Wales under the registration number 04922288, with a registered address at NR7 0WF, England, Norwich, Norfolk, 6, 7 And 8 Start-Rite Business Centre Broadland Business Park, Peachman Way.

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