synergy lighting ltd
synergy lighting ltd Company Information
Company Number
04622522
Next Accounts
Dec 2025
Shareholders
darap ltd
Group Structure
View All
Industry
Manufacture of electric lighting equipment
Registered Address
mackenzies chartered accountants, 4 kings row, maidstone, kent, ME15 6AQ
synergy lighting ltd Estimated Valuation
Pomanda estimates the enterprise value of SYNERGY LIGHTING LTD at £703.4k based on a Turnover of £1.3m and 0.52x industry multiple (adjusted for size and gross margin).
synergy lighting ltd Estimated Valuation
Pomanda estimates the enterprise value of SYNERGY LIGHTING LTD at £144k based on an EBITDA of £39.1k and a 3.68x industry multiple (adjusted for size and gross margin).
synergy lighting ltd Estimated Valuation
Pomanda estimates the enterprise value of SYNERGY LIGHTING LTD at £1.3m based on Net Assets of £709k and 1.8x industry multiple (adjusted for liquidity).
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Synergy Lighting Ltd Overview
Synergy Lighting Ltd is a live company located in maidstone, ME15 6AQ with a Companies House number of 04622522. It operates in the manufacture of electric lighting equipment sector, SIC Code 27400. Founded in December 2002, it's largest shareholder is darap ltd with a 100% stake. Synergy Lighting Ltd is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with high growth in recent years.
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Synergy Lighting Ltd Health Check
Pomanda's financial health check has awarded Synergy Lighting Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
6 Regular
3 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£11.8m)
- Synergy Lighting Ltd
£11.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (6.8%)
- Synergy Lighting Ltd
6.8% - Industry AVG
Production
with a gross margin of 35.5%, this company has a comparable cost of product (35.5%)
- Synergy Lighting Ltd
35.5% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (6.9%)
- Synergy Lighting Ltd
6.9% - Industry AVG
Employees
with 7 employees, this is below the industry average (55)
7 - Synergy Lighting Ltd
55 - Industry AVG
Pay Structure
on an average salary of £46.4k, the company has an equivalent pay structure (£46.4k)
- Synergy Lighting Ltd
£46.4k - Industry AVG
Efficiency
resulting in sales per employee of £192.7k, this is equally as efficient (£192.9k)
- Synergy Lighting Ltd
£192.9k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (50 days)
- Synergy Lighting Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 131 days, this is slower than average (34 days)
- Synergy Lighting Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 90 days, this is in line with average (106 days)
- Synergy Lighting Ltd
106 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (10 weeks)
52 weeks - Synergy Lighting Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.9%, this is a similar level of debt than the average (47.6%)
50.9% - Synergy Lighting Ltd
47.6% - Industry AVG
SYNERGY LIGHTING LTD financials
Synergy Lighting Ltd's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of £709 thousand. According to their latest financial statements, Synergy Lighting Ltd has 7 employees and maintains cash reserves of £644.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,510,366 | 4,214,028 | 5,534,711 | 3,607,947 | 1,546,453 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 3,517,629 | 3,323,844 | 4,680,549 | 2,815,541 | 1,146,679 | ||||||||||
| Gross Profit | 992,737 | 890,184 | 854,162 | 792,406 | 399,774 | ||||||||||
| Admin Expenses | 245,346 | 205,980 | 181,360 | 123,084 | 106,094 | ||||||||||
| Operating Profit | 747,391 | 684,204 | 672,802 | 669,322 | 293,680 | ||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 747,391 | 684,204 | 672,802 | 669,322 | 293,680 | ||||||||||
| Tax | -150,745 | -139,224 | -136,338 | -154,498 | -66,881 | ||||||||||
| Profit After Tax | 596,646 | 544,980 | 536,464 | 514,824 | 226,799 | ||||||||||
| Dividends Paid | 541,000 | 400,000 | 100,000 | ||||||||||||
| Retained Profit | 596,646 | 3,980 | 136,464 | 414,824 | 226,799 | ||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 7 | 5 | 4 | 5 | 4 | 3 | 3 | 3 | |||||||
| EBITDA* | 751,216 | 691,854 | 680,903 | 670,964 | 295,869 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 701 | 1,045 | 16,497 | 22,245 | 26,558 | 9,427 | 8,607 | 11,475 | 15,300 | 22,950 | 4,926 | 6,568 | 8,757 | ||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 701 | 1,045 | 16,497 | 22,245 | 26,558 | 9,427 | 8,607 | 11,475 | 15,300 | 22,950 | 4,926 | 6,568 | 8,757 | ||
| Stock & work in progress | 214,639 | 161,353 | 152,527 | 130,326 | 79,348 | 67,577 | 64,552 | 308,619 | 748,596 | 37,406 | 72,498 | 154,104 | |||
| Trade Debtors | 189,214 | 611,234 | 517,007 | 233,701 | 164,687 | 196,634 | 662,868 | 451,660 | 404,972 | 2,403,989 | 862,016 | 189,054 | 211,734 | 322,551 | 400,937 |
| Group Debtors | 394,374 | 599,944 | 163,105 | 545,703 | |||||||||||
| Misc Debtors | 3,426 | 15,519 | 542 | 4,471 | |||||||||||
| Cash | 644,843 | 508,175 | 460,975 | 662,957 | 69,051 | 438,947 | 722,036 | 643,460 | 705,964 | 440,016 | 432,544 | 202,635 | 174,834 | 132,913 | 48,762 |
| misc current assets | |||||||||||||||
| total current assets | 1,443,070 | 1,880,706 | 1,293,614 | 1,026,984 | 862,215 | 718,677 | 1,449,456 | 1,403,739 | 1,860,074 | 2,881,411 | 1,367,058 | 550,264 | 386,568 | 455,464 | 449,699 |
| total assets | 1,443,771 | 1,881,751 | 1,310,111 | 1,049,229 | 888,773 | 728,104 | 1,458,063 | 1,415,214 | 1,875,374 | 2,904,361 | 1,371,984 | 556,832 | 395,325 | 455,464 | 449,699 |
| Bank overdraft | 47,096 | 45,791 | 44,567 | 12,500 | |||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 313,204 | 503,798 | 213,789 | 101,908 | 343,452 | 241,618 | 722,679 | 395,043 | 627,942 | 1,727,392 | 238,488 | 53 | 85,038 | 217,107 | 377,980 |
| Group/Directors Accounts | 2,080 | 123,101 | 10,000 | ||||||||||||
| other short term finances | 65,000 | 200,000 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 218,852 | 306,798 | 141,034 | 112,643 | 74,318 | 110,367 | 151,217 | 191,171 | 215,078 | 148,595 | 241,586 | 69,693 | |||
| total current liabilities | 644,152 | 1,056,387 | 401,470 | 350,152 | 417,770 | 351,985 | 873,896 | 586,214 | 843,020 | 1,875,987 | 480,074 | 79,746 | 85,038 | 217,107 | 377,980 |
| loans | 90,404 | 142,920 | 192,933 | 237,500 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 175 | 261 | 3,134 | 3,784 | 5,046 | 1,602 | |||||||||
| total long term liabilities | 90,579 | 143,181 | 196,067 | 241,284 | 5,046 | 1,602 | |||||||||
| total liabilities | 734,731 | 1,199,568 | 597,537 | 591,436 | 422,816 | 353,587 | 873,896 | 586,214 | 843,020 | 1,875,987 | 480,074 | 79,746 | 85,038 | 217,107 | 377,980 |
| net assets | 709,040 | 682,183 | 712,574 | 457,793 | 465,957 | 374,517 | 584,167 | 829,000 | 1,032,354 | 1,028,374 | 891,910 | 477,086 | 310,287 | 238,357 | 71,719 |
| total shareholders funds | 709,040 | 682,183 | 712,574 | 457,793 | 465,957 | 374,517 | 584,167 | 829,000 | 1,032,354 | 1,028,374 | 891,910 | 477,086 | 310,287 | 238,357 | 71,719 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 747,391 | 684,204 | 672,802 | 669,322 | 293,680 | ||||||||||
| Depreciation | 344 | 515 | 5,748 | 7,188 | 8,854 | 3,142 | 2,868 | 3,825 | 7,650 | 8,101 | 1,642 | 2,189 | 653 | ||
| Amortisation | |||||||||||||||
| Tax | -150,745 | -139,224 | -136,338 | -154,498 | -66,881 | ||||||||||
| Stock | 53,286 | 8,826 | 22,201 | 50,978 | 11,771 | 3,025 | -244,067 | -439,977 | 711,190 | -35,092 | -81,606 | 154,104 | |||
| Debtors | -627,590 | 531,066 | 446,411 | -480,115 | 501,663 | -450,715 | 211,208 | 46,146 | -1,998,475 | 1,541,973 | 668,491 | -18,209 | -110,817 | -78,386 | 400,937 |
| Creditors | -190,594 | 290,009 | 111,881 | -241,544 | 101,834 | -481,061 | 327,636 | -232,899 | -1,099,450 | 1,488,904 | 238,435 | -84,985 | -132,069 | -160,873 | 377,980 |
| Accruals and Deferred Income | -87,946 | 165,764 | 28,391 | 38,325 | -36,049 | -40,850 | -39,954 | -23,907 | 66,483 | -92,991 | 171,893 | 69,693 | |||
| Deferred Taxes & Provisions | -86 | -2,873 | -650 | -1,262 | 3,444 | 1,602 | |||||||||
| Cash flow from operations | 737,496 | 806,948 | 433,597 | 339,909 | 77,801 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -2,080 | -121,021 | 123,101 | -10,000 | 10,000 | ||||||||||
| Other Short Term Loans | -135,000 | 200,000 | |||||||||||||
| Long term loans | -52,516 | -50,013 | -44,567 | 237,500 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -800,000 | -10,000 | -50,000 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 136,668 | 47,200 | -201,982 | 593,906 | -369,896 | -283,089 | 78,576 | -62,504 | 265,948 | 7,472 | 229,909 | 27,801 | 41,921 | 84,151 | 48,762 |
| overdraft | 1,305 | 1,224 | 32,067 | 12,500 | |||||||||||
| change in cash | 135,363 | 45,976 | -234,049 | 581,406 | -369,896 | -283,089 | 78,576 | -62,504 | 265,948 | 7,472 | 229,909 | 27,801 | 41,921 | 84,151 | 48,762 |
synergy lighting ltd Credit Report and Business Information
Synergy Lighting Ltd Competitor Analysis
Perform a competitor analysis for synergy lighting ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in ME15 area or any other competitors across 12 key performance metrics.
synergy lighting ltd Ownership
SYNERGY LIGHTING LTD group structure
Synergy Lighting Ltd has no subsidiary companies.
synergy lighting ltd directors
Synergy Lighting Ltd currently has 3 directors. The longest serving directors include Mr Paul Jackson (Dec 2002) and Mr Richard Dooley (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Jackson | England | 56 years | Dec 2002 | - | Director |
| Mr Richard Dooley | England | 41 years | Oct 2019 | - | Director |
| Mr Hayden Jackson | England | 32 years | Apr 2023 | - | Director |
P&L
March 2024turnover
1.3m
-43%
operating profit
38.8k
0%
gross margin
35.6%
+1.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
709k
+0.04%
total assets
1.4m
-0.23%
cash
644.8k
+0.27%
net assets
Total assets minus all liabilities
Similar Companies
synergy lighting ltd company details
company number
04622522
Type
Private limited with Share Capital
industry
27400 - Manufacture of electric lighting equipment
incorporation date
December 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
MACKENZIES ACCOUNTANTS LIMITED
auditor
-
address
mackenzies chartered accountants, 4 kings row, maidstone, kent, ME15 6AQ
Bank
-
Legal Advisor
-
synergy lighting ltd 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 2 charges/mortgages relating to synergy lighting ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
synergy lighting ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for SYNERGY LIGHTING LTD. This can take several minutes, an email will notify you when this has completed.
synergy lighting ltd Companies House Filings - See Documents
| date | description | view/download |
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