syneos health uk limited
syneos health uk limited Company Information
Company Number
04428083
Website
http://www.syneoshealth.comRegistered Address
farnborough business park, 1 pinehurst road, farnborough, hampshire, GU14 7BF
Industry
Other business support service activities n.e.c.
Telephone
01276713000
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
syneos health holdings uk limited 100%
syneos health uk limited Estimated Valuation
Pomanda estimates the enterprise value of SYNEOS HEALTH UK LIMITED at £932m based on a Turnover of £1b and 0.93x industry multiple (adjusted for size and gross margin).
syneos health uk limited Estimated Valuation
Pomanda estimates the enterprise value of SYNEOS HEALTH UK LIMITED at £474.1m based on an EBITDA of £67.3m and a 7.04x industry multiple (adjusted for size and gross margin).
syneos health uk limited Estimated Valuation
Pomanda estimates the enterprise value of SYNEOS HEALTH UK LIMITED at £801.9m based on Net Assets of £346.7m and 2.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Syneos Health Uk Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Syneos Health Uk Limited Overview
Syneos Health Uk Limited is a live company located in farnborough, GU14 7BF with a Companies House number of 04428083. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2002, it's largest shareholder is syneos health holdings uk limited with a 100% stake. Syneos Health Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £1b with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Syneos Health Uk Limited Health Check
Pomanda's financial health check has awarded Syneos Health Uk Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £1b, make it larger than the average company (£3.7m)
£1b - Syneos Health Uk Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (3%)
23% - Syneos Health Uk Limited
3% - Industry AVG
Production
with a gross margin of 20.8%, this company has a higher cost of product (38.9%)
20.8% - Syneos Health Uk Limited
38.9% - Industry AVG
Profitability
an operating margin of 6.5% make it as profitable than the average company (6.3%)
6.5% - Syneos Health Uk Limited
6.3% - Industry AVG
Employees
with 1241 employees, this is above the industry average (25)
1241 - Syneos Health Uk Limited
25 - Industry AVG
Pay Structure
on an average salary of £79.8k, the company has a higher pay structure (£50.5k)
£79.8k - Syneos Health Uk Limited
£50.5k - Industry AVG
Efficiency
resulting in sales per employee of £806.8k, this is more efficient (£157.8k)
£806.8k - Syneos Health Uk Limited
£157.8k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (44 days)
53 days - Syneos Health Uk Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (33 days)
2 days - Syneos Health Uk Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Syneos Health Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Syneos Health Uk Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66%, this is a similar level of debt than the average (63.6%)
66% - Syneos Health Uk Limited
63.6% - Industry AVG
syneos health uk limited Credit Report and Business Information
Syneos Health Uk Limited Competitor Analysis
Perform a competitor analysis for syneos health uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
syneos health uk limited Ownership
SYNEOS HEALTH UK LIMITED group structure
Syneos Health Uk Limited has 3 subsidiary companies.
Ultimate parent company
JOURNEYBEGINS LLC
#0149677
2 parents
SYNEOS HEALTH UK LIMITED
04428083
3 subsidiaries
syneos health uk limited directors
Syneos Health Uk Limited currently has 2 directors. The longest serving directors include Ms Nyla Singh (Apr 2017) and Mr Andrew Barron (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Nyla Singh | England | 61 years | Apr 2017 | - | Director |
| Mr Andrew Barron | England | 48 years | Sep 2023 | - | Director |
SYNEOS HEALTH UK LIMITED financials
Syneos Health Uk Limited's latest turnover from December 2022 is £1 billion and the company has net assets of £346.7 million. According to their latest financial statements, Syneos Health Uk Limited has 1,241 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,001,250,000 | 871,822,000 | 797,814,829 | 539,409,673 | 461,180,080 | 440,507,926 | 404,116,452 | 225,777,224 | 148,110,634 | 112,762,160 | 87,867,899 | 67,409,982 | 67,119,309 | 49,413,461 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 792,961,000 | 707,171,000 | 676,063,637 | 389,229,067 | 375,084,993 | 340,110,614 | 297,765,302 | 167,778,286 | 111,241,713 | 93,627,980 | 74,146,010 | 53,238,153 | 55,347,021 | 33,729,553 |
| Gross Profit | 208,289,000 | 164,651,000 | 121,751,192 | 150,180,606 | 86,095,087 | 100,397,312 | 106,351,150 | 57,998,938 | 36,868,921 | 19,134,180 | 13,721,889 | 14,171,829 | 11,772,288 | 15,683,908 |
| Admin Expenses | 142,852,000 | 113,619,000 | 90,520,016 | 97,996,332 | 56,821,597 | 63,941,249 | 64,322,907 | 21,040,908 | 21,254,005 | 12,458,572 | 16,286,817 | 9,105,414 | 7,058,218 | 10,270,956 |
| Operating Profit | 65,437,000 | 51,032,000 | 31,231,176 | 52,184,274 | 29,273,490 | 36,456,063 | 42,028,243 | 36,958,030 | 15,614,916 | 6,675,608 | -2,564,928 | 5,066,415 | 4,714,070 | 5,412,952 |
| Interest Payable | 970,000 | 839,000 | 2,184,615 | 18,634,415 | 6,552,873 | 121,925 | 64,566 | 72,854 | 157,545 | 539,731 | 519,835 | 0 | 354,055 | 260,949 |
| Interest Receivable | 596,000 | 651,000 | 2,399,467 | 11,840,075 | 8,960,710 | 2,238,998 | 1,404,563 | 999,113 | 1,320,247 | 295,703 | 540,637 | 502,355 | 98,168 | 12,527 |
| Pre-Tax Profit | 42,776,000 | 81,745,000 | -838,555,555 | 43,347,498 | 23,717,535 | 30,695,891 | 43,339,105 | 27,957,030 | 16,777,618 | 6,431,580 | -2,544,126 | 5,864,880 | 4,458,183 | 5,164,530 |
| Tax | -4,378,000 | -4,291,000 | -2,214,404 | -2,564,169 | -5,135,532 | -4,970,452 | -6,991,488 | -5,835,724 | 2,257,504 | -316,219 | -13,693 | -127,749 | -79,358 | -144,913 |
| Profit After Tax | 38,398,000 | 77,454,000 | -840,769,959 | 40,783,329 | 18,582,003 | 25,725,439 | 36,347,617 | 22,121,306 | 19,035,122 | 6,115,361 | -2,557,819 | 5,737,131 | 4,378,825 | 5,019,617 |
| Dividends Paid | 0 | 83,946,000 | 59,074,501 | 43,558,337 | 70,734,153 | 3,273,310 | 2,319,904 | 14,938,338 | 1,400,000 | 0 | 4,665,468 | 0 | 3,700,000 | 0 |
| Retained Profit | 38,398,000 | -6,492,000 | -899,844,460 | -2,775,008 | -52,152,150 | 22,452,129 | 34,027,713 | 7,182,968 | 17,635,122 | 6,115,361 | -7,223,287 | 5,737,131 | 678,825 | 5,019,617 |
| Employee Costs | 99,062,000 | 91,732,000 | 86,077,581 | 58,842,176 | 47,969,864 | 49,505,208 | 44,644,120 | 36,517,588 | 32,878,120 | 25,546,076 | 19,866,366 | 14,504,672 | 12,824,815 | 10,759,685 |
| Number Of Employees | 1,241 | 1,189 | 1,204 | 837 | 705 | 766 | 742 | 656 | 604 | 493 | 404 | 298 | 284 | 262 |
| EBITDA* | 67,301,000 | 52,591,000 | 32,611,681 | 53,596,015 | 38,220,283 | 45,063,498 | 50,594,905 | 39,204,181 | 17,798,877 | 8,528,441 | -725,362 | 5,281,818 | 5,164,488 | 5,873,316 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,550,000 | 5,581,000 | 6,198,973 | 6,465,875 | 7,387,092 | 1,021,583 | 1,083,545 | 1,348,137 | 1,720,012 | 1,484,819 | 1,393,981 | 371,243 | 421,165 | 337,218 |
| Intangible Assets | 6,000 | 27,000 | 13,743 | 72,471 | 159,017 | 8,089,369 | 15,754,491 | 23,631,736 | 11,645,369 | 10,601,587 | 11,926,785 | 0 | 0 | 350,403 |
| Investments & Other | 569,266,000 | 550,681,000 | 498,960,083 | 1,419,957,723 | 91,036 | 91,036 | 91,035 | 91,232 | 107,770 | 82 | 82 | 8 | 8 | 0 |
| Debtors (Due After 1 year) | 3,662,000 | 3,477,000 | 731,148 | 71,765 | 66,218 | 187,334 | 365,895 | 256,607 | 289,053 | 0 | 0 | 4,543,652 | 4,431,397 | 0 |
| Total Fixed Assets | 578,484,000 | 559,766,000 | 505,903,947 | 1,426,567,834 | 7,703,363 | 9,389,322 | 17,294,966 | 25,327,712 | 13,762,204 | 12,086,488 | 13,320,848 | 4,914,903 | 4,852,570 | 687,621 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 145,667,000 | 121,994,000 | 105,514,260 | 77,056,346 | 72,294,678 | 50,444,840 | 66,606,684 | 35,858,826 | 18,410,375 | 8,304,634 | 8,542,885 | 13,988,838 | 9,437,755 | 13,779,175 |
| Group Debtors | 58,799,000 | 34,642,000 | 60,735,291 | 68,691,341 | 116,429,400 | 0 | 0 | 64,059,703 | 47,666,876 | 59,873,908 | 35,986,770 | 17,977,225 | 3,721,692 | 1,194,958 |
| Misc Debtors | 235,834,000 | 164,935,000 | 152,933,794 | 58,844,466 | 53,012,604 | 145,090,485 | 114,045,260 | 36,572,415 | 19,589,764 | 11,485,484 | 16,289,902 | 14,297,881 | 9,573,208 | 12,854,141 |
| Cash | 1,482,000 | 5,091,000 | 16,685,331 | 4,327,729 | 29,962,647 | 73,580,014 | 49,238,814 | 9,110,683 | 26,196,971 | 3,179,810 | 3,660,322 | 3,076,436 | 5,576,266 | 14,568,867 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 441,782,000 | 326,662,000 | 335,868,676 | 208,919,882 | 271,699,329 | 269,115,339 | 229,890,758 | 145,601,627 | 111,863,986 | 82,843,836 | 64,479,879 | 49,340,380 | 28,308,921 | 42,397,141 |
| total assets | 1,020,266,000 | 886,428,000 | 841,772,623 | 1,635,487,716 | 279,402,692 | 278,504,661 | 247,185,724 | 170,929,339 | 125,626,190 | 94,930,324 | 77,800,727 | 54,255,283 | 33,161,491 | 43,084,762 |
| Bank overdraft | 9,079,000 | 0 | 0 | 15,467,961 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 241 | 0 | 441,701 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,420,000 | 4,249,000 | 4,612,906 | 8,213,417 | 6,127,236 | 2,495,624 | 1,247,318 | 2,142,886 | 1,177,438 | 1,197,239 | 2,725,112 | 5,596,629 | 3,545,518 | 375,580 |
| Group/Directors Accounts | 251,193,000 | 575,481,000 | 567,815,507 | 155,310,195 | 115,351,481 | 97,750,368 | 95,451,176 | 58,876,872 | 56,266,912 | 58,431,553 | 40,439,884 | 15,279,031 | 3,185,448 | 16,435,957 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,871 |
| other current liabilities | 66,142,000 | 71,473,000 | 78,957,904 | 93,568,467 | 139,566,321 | 79,475,943 | 75,934,179 | 70,178,189 | 35,592,873 | 21,110,786 | 17,416,624 | 18,551,373 | 17,339,647 | 21,645,680 |
| total current liabilities | 331,834,000 | 651,203,000 | 651,386,317 | 272,560,040 | 261,045,038 | 179,721,935 | 172,632,673 | 131,197,947 | 93,037,223 | 80,739,578 | 60,581,620 | 39,427,274 | 24,070,613 | 38,911,789 |
| loans | 334,504,000 | 0 | 0 | 0 | 0 | 0 | 0 | 303,546 | 540,573 | 0 | 9,614,385 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 7,243,000 | 4,310,000 | 5,357,651 | 1,039,070 | 1,069,088 | 678,500 | 509,874 | 280,873 | 202,199 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 341,747,000 | 4,310,000 | 5,357,651 | 1,039,070 | 1,069,088 | 678,500 | 509,874 | 584,419 | 742,772 | 0 | 9,614,385 | 0 | 0 | 0 |
| total liabilities | 673,581,000 | 655,513,000 | 656,743,968 | 273,599,110 | 262,114,126 | 180,400,435 | 173,142,547 | 131,782,366 | 93,779,995 | 80,739,578 | 70,196,005 | 39,427,274 | 24,070,613 | 38,911,789 |
| net assets | 346,685,000 | 230,915,000 | 185,028,655 | 1,361,888,606 | 17,288,566 | 98,104,226 | 74,043,177 | 39,146,973 | 31,846,195 | 14,190,746 | 7,604,722 | 14,828,009 | 9,090,878 | 4,172,973 |
| total shareholders funds | 346,685,000 | 230,915,000 | 185,028,655 | 1,361,888,606 | 17,288,566 | 98,104,226 | 74,043,177 | 39,146,973 | 31,846,195 | 14,190,746 | 7,604,722 | 14,828,009 | 9,090,878 | 4,172,973 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 65,437,000 | 51,032,000 | 31,231,176 | 52,184,274 | 29,273,490 | 36,456,063 | 42,028,243 | 36,958,030 | 15,614,916 | 6,675,608 | -2,564,928 | 5,066,415 | 4,714,070 | 5,412,952 |
| Depreciation | 1,843,000 | 1,559,000 | 1,380,505 | 1,325,195 | 983,001 | 716,115 | 689,417 | 657,733 | 595,543 | 527,635 | 514,368 | 215,403 | 244,624 | 401,963 |
| Amortisation | 21,000 | 0 | 0 | 86,546 | 7,963,792 | 7,891,320 | 7,877,245 | 1,588,418 | 1,588,418 | 1,325,198 | 1,325,198 | 0 | 205,794 | 58,401 |
| Tax | -4,378,000 | -4,291,000 | -2,214,404 | -2,564,169 | -5,135,532 | -4,970,452 | -6,991,488 | -5,835,724 | 2,257,504 | -316,219 | -13,693 | -127,749 | -79,358 | -144,913 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 118,914,000 | 5,133,507 | 115,250,575 | -37,138,982 | 46,080,241 | 14,704,820 | 44,270,288 | 50,791,483 | 6,292,042 | 18,844,469 | 10,011,961 | 23,643,544 | -664,222 | 27,828,274 |
| Creditors | 1,171,000 | -363,906 | -3,600,511 | 2,086,181 | 3,631,612 | 1,248,306 | -895,568 | 965,448 | -19,801 | -1,527,873 | -2,871,517 | 2,051,111 | 3,169,938 | 375,580 |
| Accruals and Deferred Income | -5,331,000 | -7,484,904 | -14,610,563 | -45,997,854 | 60,090,378 | 3,541,764 | 5,755,990 | 34,585,316 | 14,482,087 | 3,694,162 | -1,134,749 | 1,211,726 | -4,306,033 | 21,645,680 |
| Deferred Taxes & Provisions | 2,933,000 | -1,047,651 | 4,318,581 | -30,018 | 390,588 | 168,626 | 229,001 | 78,674 | 202,199 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -57,218,000 | 34,270,032 | -98,745,791 | 44,229,137 | 51,117,088 | 30,346,922 | 4,422,552 | 18,206,412 | 28,428,824 | -8,465,958 | -14,757,282 | -15,226,638 | 4,613,257 | -78,611 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 18,585,000 | 51,720,917 | -920,997,640 | 1,419,866,687 | 0 | 1 | -197 | -16,538 | 107,688 | 0 | 74 | 0 | 8 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -324,288,000 | 7,665,493 | 412,505,312 | 39,958,714 | 17,601,113 | 2,299,192 | 36,574,304 | 2,609,960 | -2,164,641 | 17,991,669 | 25,160,853 | 12,093,583 | -13,250,509 | 16,435,957 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 334,504,000 | 0 | 0 | 0 | 0 | 0 | -303,546 | -237,027 | 540,573 | -9,614,385 | 9,614,385 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,871 | 12,871 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -374,000 | -188,000 | 214,852 | -6,794,340 | 2,407,837 | 2,117,073 | 1,339,997 | 926,259 | 1,162,702 | -244,028 | 20,802 | 502,355 | -255,887 | -248,422 |
| cash flow from financing | 87,214,000 | 59,855,838 | 135,704,673 | 1,380,539,422 | -8,654,560 | 6,025,185 | 38,479,246 | 3,417,002 | -441,039 | 8,603,919 | 34,796,040 | 12,595,938 | -9,280,187 | 15,353,762 |
| cash and cash equivalents | ||||||||||||||
| cash | -3,609,000 | -11,594,331 | 12,357,602 | -25,634,918 | -43,617,367 | 24,341,200 | 40,128,131 | -17,086,288 | 23,017,161 | -480,512 | 583,886 | -2,499,830 | -8,992,601 | 14,568,867 |
| overdraft | 9,079,000 | 0 | -15,467,961 | 15,467,961 | 0 | 0 | 0 | 0 | 0 | 0 | -241 | 241 | -441,701 | 441,701 |
| change in cash | -12,688,000 | -11,594,331 | 27,825,563 | -41,102,879 | -43,617,367 | 24,341,200 | 40,128,131 | -17,086,288 | 23,017,161 | -480,512 | 584,127 | -2,500,071 | -8,550,900 | 14,127,166 |
P&L
December 2022turnover
1b
+15%
operating profit
65.4m
+28%
gross margin
20.9%
+10.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
346.7m
+0.5%
total assets
1b
+0.15%
cash
1.5m
-0.71%
net assets
Total assets minus all liabilities
Similar Companies
syneos health uk limited company details
company number
04428083
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2002
age
22
accounts
Full Accounts
ultimate parent company
previous names
inc research uk limited (January 2019)
inc research europe limited (January 2010)
See moreincorporated
UK
address
farnborough business park, 1 pinehurst road, farnborough, hampshire, GU14 7BF
last accounts submitted
December 2022
syneos health uk limited Charges & Mortgages
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 5 charges/mortgages relating to syneos health uk limited. Currently there are 5 open charges and 0 have been satisfied in the past.
syneos health uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
