synergy locum services limited

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synergy locum services limited Company Information

Share SYNERGY LOCUM SERVICES LIMITED

Company Number

07810767

Directors

Bhavik Patel

Shareholders

bhavik jagdishbhai patel

Group Structure

View All

Industry

Dispensing chemist in specialised stores

 

Registered Address

richfields, suite 3, congress house, harrow, middlesex, HA1 2EN

Website

-

synergy locum services limited Estimated Valuation

£48.9k

Pomanda estimates the enterprise value of SYNERGY LOCUM SERVICES LIMITED at £48.9k based on a Turnover of £156k and 0.31x industry multiple (adjusted for size and gross margin).

synergy locum services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SYNERGY LOCUM SERVICES LIMITED at £0 based on an EBITDA of £-142 and a 3.73x industry multiple (adjusted for size and gross margin).

synergy locum services limited Estimated Valuation

£1.9k

Pomanda estimates the enterprise value of SYNERGY LOCUM SERVICES LIMITED at £1.9k based on Net Assets of £933 and 2.09x industry multiple (adjusted for liquidity).

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Synergy Locum Services Limited Overview

Synergy Locum Services Limited is a live company located in harrow, HA1 2EN with a Companies House number of 07810767. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in October 2011, it's largest shareholder is bhavik jagdishbhai patel with a 100% stake. Synergy Locum Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £156k with declining growth in recent years.

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Synergy Locum Services Limited Health Check

Pomanda's financial health check has awarded Synergy Locum Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £156k, make it smaller than the average company (£12.3m)

£156k - Synergy Locum Services Limited

£12.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (7.4%)

-22% - Synergy Locum Services Limited

7.4% - Industry AVG

production

Production

with a gross margin of 26.5%, this company has a comparable cost of product (32%)

26.5% - Synergy Locum Services Limited

32% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (2.9%)

-0.1% - Synergy Locum Services Limited

2.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (69)

1 - Synergy Locum Services Limited

69 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.8k, the company has an equivalent pay structure (£25.8k)

£25.8k - Synergy Locum Services Limited

£25.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £156k, this is equally as efficient (£143.3k)

£156k - Synergy Locum Services Limited

£143.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 63 days, this is later than average (30 days)

63 days - Synergy Locum Services Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 87 days, this is slower than average (64 days)

87 days - Synergy Locum Services Limited

64 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Synergy Locum Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Synergy Locum Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96.7%, this is a higher level of debt than the average (58.8%)

96.7% - Synergy Locum Services Limited

58.8% - Industry AVG

SYNERGY LOCUM SERVICES LIMITED financials

EXPORTms excel logo

Synergy Locum Services Limited's latest turnover from October 2023 is estimated at £156 thousand and the company has net assets of £933. According to their latest financial statements, Synergy Locum Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012
Turnover155,954217,890374,555327,102326,906273,26958,91073,13862,68583,62549,39939,028
Other Income Or Grants
Cost Of Sales114,596155,829270,094245,845241,543199,41242,53952,07945,96660,75235,53928,587
Gross Profit41,35862,061104,46081,25885,36373,85716,37121,05916,71922,87313,86010,441
Admin Expenses41,50070,627101,87479,20579,50073,67319,62717,17216,39022,84313,82810,346
Operating Profit-142-8,5662,5862,0535,863184-3,2563,887329303295
Interest Payable
Interest Receivable2461471071521269132
Pre-Tax Profit-142-8,5662,5862,0535,863431-3,1093,994481156122128
Tax-491-390-1,114-82-799-96-33-28-31
Profit After Tax-142-8,5662,0951,6634,749349-3,1093,1953851239497
Dividends Paid
Retained Profit-142-8,5662,0951,6634,749349-3,1093,1953851239497
Employee Costs25,75724,12722,80620,83021,42720,22818,79717,95917,19117,44216,74516,830
Number Of Employees111111111111
EBITDA*-142-8,5662,5862,0535,863184-3,2563,887329303295

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012
Tangible Assets1,601218348478609739
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,601218348478609739
Stock & work in progress
Trade Debtors26,92444,571105,18491,73487,62571,0514,0267,7643,7033,7054,578
Group Debtors
Misc Debtors75159327
Cash65,71052,01133,74826,98623,37412,855
misc current assets96
total current assets26,92444,571105,25991,89387,95271,14769,73659,77537,45126,98627,07917,433
total assets28,52544,789105,60792,37188,56171,88669,73659,77537,45126,98627,07917,433
Bank overdraft
Bank loan
Trade Creditors 27,59243,71495,96684,82582,67870,75236,65226,57226,78817,236
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities68,85155,781
total current liabilities27,59243,71495,96684,82582,67870,75268,85155,78136,65226,57226,78817,236
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities27,59243,71495,96684,82582,67870,75268,85155,78136,65226,57226,78817,236
net assets9331,0759,6417,5465,8831,1348853,994799414291197
total shareholders funds9331,0759,6417,5465,8831,1348853,994799414291197
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012
Operating Activities
Operating Profit-142-8,5662,5862,0535,863184-3,2563,887329303295
Depreciation
Amortisation
Tax-491-390-1,114-82-799-96-33-28-31
Stock
Debtors-17,647-60,68813,3663,94116,90167,025-3,7384,0613,703-3,705-8734,578
Creditors-16,122-52,25211,1412,14711,92670,752-36,65210,080-2169,55217,236
Accruals and Deferred Income-68,85113,07055,781
Deferred Taxes & Provisions
Cash flow from operations1,383-130-130-131-226-65,02213,55218,1566,6103,48610,42912,722
Investing Activities
capital expenditure-1,383130130131130-739
Change in Investments
cash flow from investments-1,383130130131130-739
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest2461471071521269132
cash flow from financing14614710715212691132
cash and cash equivalents
cash-65,71013,69918,2636,7623,61210,51912,855
overdraft
change in cash-65,71013,69918,2636,7623,61210,51912,855

synergy locum services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Synergy Locum Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for synergy locum services limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in HA1 area or any other competitors across 12 key performance metrics.

synergy locum services limited Ownership

SYNERGY LOCUM SERVICES LIMITED group structure

Synergy Locum Services Limited has no subsidiary companies.

Ultimate parent company

SYNERGY LOCUM SERVICES LIMITED

07810767

SYNERGY LOCUM SERVICES LIMITED Shareholders

bhavik jagdishbhai patel 100%

synergy locum services limited directors

Synergy Locum Services Limited currently has 1 director, Mr Bhavik Patel serving since Oct 2011.

officercountryagestartendrole
Mr Bhavik PatelUnited Kingdom37 years Oct 2011- Director

P&L

October 2023

turnover

156k

-28%

operating profit

-142

0%

gross margin

26.6%

-6.89%

turnover

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

Balance Sheet

October 2023

net assets

933

-0.13%

total assets

28.5k

-0.36%

cash

0

0%

net assets

Total assets minus all liabilities

synergy locum services limited company details

company number

07810767

Type

Private limited with Share Capital

industry

47730 - Dispensing chemist in specialised stores

incorporation date

October 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

richfields, suite 3, congress house, harrow, middlesex, HA1 2EN

Bank

-

Legal Advisor

-

synergy locum services 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 did not find charges/mortgages relating to synergy locum services limited.

synergy locum services limited 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.

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synergy locum services limited Companies House Filings - See Documents

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