Syvecs Ltd
- Small
- Active
- 18 years
- 6 employees
- £1,077,678 (assets)
- Real address
- 4 directors
- 3 owners
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Syvecs Ltd, based in Farnborough, UK, is a small, active company founded 17 years ago. With six employees and £1,077,678 in assets, it’s a well-established player in its sector. The company boasts a real address and is overseen by four directors and three owners. Syvecs is a regular importer and exporter of electrical machinery and equipment, with 51 months of import activity and 133 months of export activity recorded – the latest operations in February 2025.
The company’s website showcases a range of high-performance engine management solutions, primarily targeting motorsport enthusiasts and vehicle modifiers. It operates primarily through an e-commerce model, offering a variety of ECUs (Engine Control Units), plug-in kits, standalone ECUs, and accessories. The website also highlights specialized products like water-methanol injection controllers, IO expanders, and displays, catering to a technically savvy audience. It’s clear Syvecs is focused on providing advanced control systems for vehicles, offering both off-the-shelf solutions and customizable options. They even offer CAD 3D data for clients.
Financially, Syvecs Ltd presents a mixed picture. While cash reserves increased by a healthy 32% to £280,000, current assets also grew by 15% to £1,100,000. However, creditors jumped significantly by 70% to £170,000, which could indicate increased reliance on short-term financing. Trade debtors remained relatively stable, however, other debtors decreased by 74%. 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 agility, but the rise in creditors warrants monitoring. No auditor is mentioned, likely due to the company’s exemption as a small entity.
Overall, Syvecs Ltd appears to be a financially stable, albeit growing, business. The company’s focus on specialized engine management solutions, coupled with its e-commerce platform, positions it well within the motorsport and vehicle modification market. The increase in creditors should be watched, but the company's solid asset base and growing cash reserves suggest it’s well-equipped to continue its growth trajectory.
Registered in England/Wales under the registration number 06272520, with a registered address at GU14 7QU, England, Farnborough, Hampshire, 34 Invincible Road Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 25%+
-
Resident of United Arab Emirates
-
Individual
- 8 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 15 years
- 3
-
Resident of United Kingdom
-
Individual
- 18 years
- 2
-
Resident of United Kingdom
-
Individual
- 18 years
- 1
-
Resident of United Kingdom
-
Individual
- 18 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-06-30Download 8 pages pdf report
-
Confirmation statement made on 2024-06-07 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-06-30Download 8 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Syvecs Ltd
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