Synectics Solutions Limited

POWER SEARCH PRICING

SOLUTIONS

synectics solutions limited Company Information

Live

MatureLargeHealthy

Company Number

02685135

Website

www.synectics-solutions.com

Registered Address

hamil road burslem, stoke-on-trent, ST6 1AJ

Industry

Activities of conference organizers

Computer facilities management activities

View All

Telephone

03332343409

Next Accounts Due

May 2025

Group Structure

View All

Directors

Carol Shanahan31 Years

Rosemary Jones9 Years

View All

Shareholders

mr k.j. shanahan 48%

mrs c.a. shanahan 47%

View All

synectics solutions limited Estimated Valuation

£40.5m

Pomanda estimates the enterprise value of SYNECTICS SOLUTIONS LIMITED at £40.5m based on a Turnover of £27.5m and 1.47x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Synectics Solutions Limited is a live company located in stoke-on-trent, ST6 1AJ with a Companies House number of 02685135. It operates in the computer facilities management activities sector, SIC Code 62030. Founded in February 1992, it's largest shareholder is mr k.j. shanahan with a 48% stake. Synectics Solutions Limited is a mature, large sized company, Pomanda has estimated its turnover at £27.5m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Synectics Solutions Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

6 Strong

3 Regular

2 Weak

Size

annual sales of £27.5m, make it larger than the average company (£3m)

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (5.2%)

EXPORT

Synectics Solutions Limited's latest turnover from August 2023 is £27.5 million and the company has net assets of £8.8 million. According to their latest financial statements, Synectics Solutions Limited has 386 employees and maintains cash reserves of £74.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Turnover	27,523,385	24,349,528	22,975,151	20,981,124	20,221,227	17,240,673	16,658,684	13,917,772	13,138,639	11,440,870	10,336,063	8,715,969	7,748,258	6,344,172	6,726,041
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	14,516,396	13,066,339	12,668,420	11,526,228	10,916,010	10,206,389	9,849,562	8,247,051	7,602,589	6,985,613	6,340,491	5,661,537	4,570,024	3,667,008	4,312,040
Gross Profit	13,006,989	11,283,189	10,306,731	9,454,896	9,305,217	7,034,284	6,809,122	5,670,721	5,536,050	4,455,257	3,995,572	3,054,432	3,178,234	2,677,164	2,414,001
Admin Expenses	10,611,491	9,256,838	7,661,838	8,139,159	7,917,029	6,572,684	6,239,158	5,521,982	4,233,952	3,429,190	3,178,233	2,930,618	2,815,082	2,350,445	2,140,576
Operating Profit	2,395,498	2,026,351	2,644,893	1,315,737	1,388,188	461,600	569,964	148,739	1,302,098	1,026,067	817,339	123,814	363,152	326,719	273,425
Interest Payable	183,581	178,186	178,078	436,998	322,781	154,681	186,924	196,281	181,952	158,571	126,697	146,274	99,405	73,574	120,440
Interest Receivable	3,185	10	240,014	213,548	30,031	11,595	161	0	208	316	41,461	352	0	0	0
Pre-Tax Profit	2,215,102	1,848,175	2,706,829	1,092,287	1,095,438	318,514	450,114	47,614	1,120,354	867,812	732,103	-22,108	263,747	253,145	152,985
Tax	-487,735	-129,671	-506,806	-235,373	-51,525	102,150	17,856	76,911	-148,707	-105,014	-44,744	-26,113	-79,361	-79,176	-41,164
Profit After Tax	1,727,367	1,718,504	2,200,023	856,914	1,043,913	420,664	467,970	124,525	971,647	762,798	687,359	-48,221	184,386	173,969	111,821
Dividends Paid	620,000	620,000	530,000	450,000	500,000	440,000	490,000	450,000	360,000	340,000	210,000	0	210,000	73,500	22,500
Retained Profit	1,107,367	1,098,504	1,670,023	406,914	543,913	-19,336	-22,030	-325,475	611,647	422,798	477,359	-48,221	-25,614	100,469	89,321
Employee Costs	17,442,934	15,735,381	14,369,143	13,961,016	12,868,525	11,747,294	11,375,304	9,389,288	8,465,617	7,569,658	6,865,696	6,126,663	5,142,041	4,294,263	3,923,540
Number Of Employees	386	373	370	388	369	354	350	302	278	257	247	237	176	146	138
EBITDA*	4,117,369	3,570,440	3,888,561	2,541,785	2,624,673	1,656,154	1,740,244	1,150,068	2,178,690	1,853,125	1,615,627	853,537	1,005,488	898,859	755,452

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Tangible Assets	7,034,139	5,616,480	5,031,797	4,871,525	5,065,640	5,337,012	5,284,581	5,358,345	4,005,557	3,682,244	3,511,350	3,532,835	2,600,192	2,619,806	2,775,232
Intangible Assets	3,664,533	2,732,586	1,547,986	1,736,752	1,604,638	1,323,605	1,122,162	982,443	826,005	364,365	401,915	621,851	798,768	934,750	1,044,721
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	10,050,204	7,130,204	4,544,970	2,624,834	1,197,286	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	20,748,876	15,479,270	11,124,753	9,233,111	7,867,564	6,660,617	6,406,743	6,340,788	4,831,562	4,046,609	3,913,265	4,154,686	3,398,960	3,554,556	3,819,953
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	3,200	3,200
Trade Debtors	2,531,724	1,304,609	1,869,461	2,002,974	1,115,690	995,467	1,382,324	1,536,669	1,202,925	603,364	1,178,019	588,324	569,920	794,443	917,863
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	3,913,938	3,991,278	1,694,866	2,674,798	2,969,003	3,372,045	2,921,408	2,907,112	2,646,022	2,883,671	2,711,895	2,380,581	1,046,994	1,550,898	736,053
Cash	74,510	1,196,474	5,384,716	4,280,545	2,075,840	2,158,012	1,443,417	1,035,927	1,740,739	671,281	489	601	199,844	73,505	55,578
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	6,520,172	6,492,361	8,949,043	8,958,317	6,160,533	6,525,524	5,747,149	5,479,708	5,589,686	4,158,316	3,890,403	2,969,506	1,816,758	2,422,046	1,712,694
total assets	27,269,048	21,971,631	20,073,796	18,191,428	14,028,097	13,186,141	12,153,892	11,820,496	10,421,248	8,204,925	7,803,668	7,124,192	5,215,718	5,976,602	5,532,647
Bank overdraft	166,046	0	0	0	0	0	0	0	0	154,588	547,220	386,953	514,924	0	663,328
Bank loan	292,278	907,561	254,701	145,510	121,675	121,421	643,211	162,884	165,221	0	149,385	79,805	0	734,172	0
Trade Creditors	2,314,841	1,767,257	622,492	388,934	474,557	416,368	373,748	376,042	243,008	242,055	212,434	336,784	160,398	171,178	184,003
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	598	6,766	6,072	68,720	67,731	0	155,673	200,134	165,999	36,769	101,084	125,817	61,502	0	0
hp & lease commitments	979,791	926,164	669,764	655,642	577,045	665,697	838,131	677,255	482,544	291,088	274,273	293,606	272,365	267,725	327,957
other current liabilities	1,533,328	924,417	2,415,966	2,769,359	933,321	1,202,851	1,183,155	825,453	654,544	662,559	711,004	932,787	1,180,998	1,566,075	1,068,595
total current liabilities	5,286,882	4,532,165	3,968,995	4,028,165	2,174,329	2,406,337	3,193,918	2,241,768	1,711,316	1,387,059	1,995,400	2,155,752	2,190,187	2,739,150	2,243,883
loans	696,598	340,598	1,255,023	1,525,808	1,090,125	1,187,402	768,401	1,600,381	1,426,961	1,256,009	1,445,761	1,728,839	1,272,644	1,283,561	1,317,407
hp & lease commitments	1,019,279	1,531,173	1,490,683	1,493,619	799,962	652,382	973,796	1,166,611	1,151,295	745,443	381,414	389,571	237,252	207,051	280,492
Accruals and Deferred Income	0	0	7,383,523	7,025,609	6,364,615	5,853,970	4,605,543	4,039,451	3,247,479	2,675,820	2,154,364	1,473,493	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	11,471,508	9,086,967	593,348	406,026	293,779	324,676	282,961	420,982	207,419	117,362	75,780	102,947	158,580	207,825	252,320
total long term liabilities	13,187,385	10,958,738	10,722,577	10,451,062	8,548,481	8,018,430	6,630,701	7,227,425	6,033,154	4,794,634	4,057,319	3,694,850	1,668,476	1,698,437	1,850,219
total liabilities	18,474,267	15,490,903	14,691,572	14,479,227	10,722,810	10,424,767	9,824,619	9,469,193	7,744,470	6,181,693	6,052,719	5,850,602	3,858,663	4,437,587	4,094,102
net assets	8,794,781	6,480,728	5,382,224	3,712,201	3,305,287	2,761,374	2,329,273	2,351,303	2,676,778	2,023,232	1,750,949	1,273,590	1,357,055	1,539,015	1,438,545
total shareholders funds	8,794,781	6,480,728	5,382,224	3,712,201	3,305,287	2,761,374	2,329,273	2,351,303	2,676,778	2,023,232	1,750,949	1,273,590	1,357,055	1,539,015	1,438,545

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Operating Activities
Operating Profit	2,395,498	2,026,351	2,644,893	1,315,737	1,388,188	461,600	569,964	148,739	1,302,098	1,026,067	817,339	123,814	363,152	326,719	273,425
Depreciation	864,590	676,342	647,896	768,764	831,878	855,122	877,853	754,581	734,427	635,767	578,352	552,806	506,355	462,169	412,027
Amortisation	857,281	867,747	595,772	457,284	404,607	339,432	292,427	246,748	142,165	191,291	219,936	176,917	135,981	109,971	70,000
Tax	-487,735	-129,671	-506,806	-235,373	-51,525	102,150	17,856	76,911	-148,707	-105,014	-44,744	-26,113	-79,361	-79,176	-41,164
Stock	0	0	0	0	0	0	0	0	0	0	0	0	-3,200	0	3,200
Debtors	4,069,775	4,316,794	806,691	2,020,627	914,467	63,780	-140,049	594,834	361,912	-402,879	921,009	1,351,991	-728,427	691,425	1,653,916
Creditors	547,584	1,144,765	233,558	-85,623	58,189	42,620	-2,294	133,034	953	29,621	-124,350	176,386	-10,780	-12,825	184,003
Accruals and Deferred Income	608,911	-8,875,072	4,521	2,497,032	241,115	1,268,123	923,794	962,881	563,644	473,011	459,088	1,225,282	-385,077	497,480	1,068,595
Deferred Taxes & Provisions	2,384,541	8,493,619	187,322	112,247	-30,897	41,715	-138,021	213,563	90,057	41,582	-27,167	-55,633	-49,245	-44,495	252,320
Cash flow from operations	3,100,895	-112,713	3,000,465	2,809,441	1,927,088	3,046,982	2,681,628	1,941,623	2,322,725	2,695,204	957,445	821,468	1,212,652	568,418	562,090
Investing Activities
capital expenditure	0	0	0	0	0	-956,538	-446,616	-1,632,051	-377,229	-446,591	-188,639	-943,053	-131,314	-67,531	-151,701
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	-956,538	-446,616	-1,632,051	-377,229	-446,591	-188,639	-943,053	-131,314	-67,531	-151,701
Financing Activities
Bank loans	-615,283	652,860	109,191	23,835	254	-521,790	480,327	-2,337	165,221	-149,385	69,580	79,805	-734,172	734,172	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	-6,168	694	-62,648	989	67,731	-155,673	-44,461	34,135	129,230	-64,315	-24,733	64,315	61,502	0	0
Long term loans	356,000	-914,425	-270,785	435,683	-97,277	419,001	-831,980	173,420	170,952	-189,752	-283,078	456,195	-10,917	-33,846	1,317,407
Hire Purchase and Lease Commitments	-458,267	296,890	11,186	772,254	58,928	-493,848	-31,939	210,027	597,308	380,844	-27,490	173,560	34,841	-133,673	608,449
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	1,206,686	0	0	0	0	451,437	0	0	41,899	-150,515	0	-35,244	-156,346	1	1,349,224
interest	-180,396	-178,176	61,936	-223,450	-292,750	-143,086	-186,763	-196,281	-181,744	-158,255	-85,236	-145,922	-99,405	-73,574	-120,440
cash flow from financing	302,572	-142,157	-151,120	1,009,311	-263,114	-443,959	-614,816	218,964	922,866	-331,378	-350,957	592,709	-904,497	493,080	3,154,640
cash and cash equivalents
cash	-1,121,964	-4,188,242	1,104,171	2,204,705	-82,172	714,595	407,490	-704,812	1,069,458	670,792	-112	-199,243	126,339	17,927	55,578
overdraft	166,046	0	0	0	0	0	0	0	-154,588	-392,632	160,267	-127,971	514,924	-663,328	663,328
change in cash	-1,288,010	-4,188,242	1,104,171	2,204,705	-82,172	714,595	407,490	-704,812	1,224,046	1,063,424	-160,379	-71,272	-388,585	681,255	-607,750

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for synectics solutions limited. Get real-time insights into synectics solutions limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for synectics solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in ST6 area or any other competitors across 12 key performance metrics.

SYNECTICS SOLUTIONS LIMITED group structure

Synectics Solutions Limited has no subsidiary companies.

Ultimate parent company

SYNECTICS SOLUTIONS LIMITED

02685135

SYNECTICS SOLUTIONS LIMITED Shareholders

mr k.j. shanahan	48%
mrs c.a. shanahan	47%
robert moorhouse	5%

Synectics Solutions Limited currently has 4 directors. The longest serving directors include Mrs Carol Shanahan (Feb 1993) and Ms Rosemary Jones (Nov 2014).

officer	country	age	start	end	role
Mrs Carol Shanahan	United Kingdom	66 years	Feb 1993	-	Director
Ms Rosemary Jones	United Kingdom	34 years	Nov 2014	-	Director
Mr Richard Wood		45 years	Nov 2014	-	Director
Mr Ian Lewis		49 years	Oct 2017	-	Director

P&L

August 2023

turnover

27.5m

+13%

operating profit

2.4m

+18%

gross margin

47.3%

+1.98%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2023

net assets

8.8m

+0.36%

total assets

27.3m

+0.24%

cash

74.5k

-0.94%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

2.5

data intensity limited

company number

02685135

Type

Private limited with Share Capital

industry

63110 - Data processing, hosting and related activities

82302 - Activities of conference organizers

62030 - Computer facilities management activities

incorporation date

February 1992

age

accounts

Full Accounts

ultimate parent company

None

previous names

N/A

incorporated

address

hamil road burslem, stoke-on-trent, ST6 1AJ

last accounts submitted

August 2023

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 12 charges/mortgages relating to synectics solutions limited. Currently there are 0 open charges and 12 have been satisfied in the past.

synectics solutions limited Company Information

synectics solutions limited Estimated Valuation

synectics solutions limited Estimated Valuation

synectics solutions limited Estimated Valuation

Synectics Solutions Limited Overview

Synectics Solutions Limited Health Check

SYNECTICS SOLUTIONS LIMITED financials

synectics solutions limited Credit Report and Business Information

Synectics Solutions Limited Competitor Analysis

synectics solutions limited Ownership

synectics solutions limited directors

synectics solutions limited company details

synectics solutions limited Charges & Mortgages

synectics solutions limited Companies House Filings - See Documents