sync life limited
sync life limited Company Information
Company Number
12482659
Next Accounts
111 days late
Shareholders
mohammed hassan al-khorsan
nabil nagar
Group Structure
View All
Industry
Business and domestic software development
Registered Address
grove house, third floor, 55-lowlands road, harrow, HA1 3AW
Website
-sync life limited Estimated Valuation
Pomanda estimates the enterprise value of SYNC LIFE LIMITED at £199 based on a Turnover of £300 and 0.66x industry multiple (adjusted for size and gross margin).
sync life limited Estimated Valuation
Pomanda estimates the enterprise value of SYNC LIFE LIMITED at £0 based on an EBITDA of £-360 and a 4.05x industry multiple (adjusted for size and gross margin).
sync life limited Estimated Valuation
Pomanda estimates the enterprise value of SYNC LIFE LIMITED at £0 based on Net Assets of £-760 and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sync Life Limited Overview
Sync Life Limited is a live company located in harrow, HA1 3AW with a Companies House number of 12482659. It operates in the business and domestic software development sector, SIC Code 62012. Founded in February 2020, it's largest shareholder is mohammed hassan al-khorsan with a 50% stake. Sync Life Limited is a young, micro sized company, Pomanda has estimated its turnover at £300.7 with unknown growth in recent years.
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Sync Life Limited Health Check
Pomanda's financial health check has awarded Sync Life Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £300.7, make it smaller than the average company (£3.3m)
- Sync Life Limited
£3.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Sync Life Limited
- - Industry AVG
Production
with a gross margin of 42.2%, this company has a higher cost of product (72.4%)
- Sync Life Limited
72.4% - Industry AVG
Profitability
an operating margin of -119.7% make it less profitable than the average company (3.6%)
- Sync Life Limited
3.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (30)
- Sync Life Limited
30 - Industry AVG
Pay Structure
on an average salary of £66.4k, the company has an equivalent pay structure (£66.4k)
- Sync Life Limited
£66.4k - Industry AVG
Efficiency
resulting in sales per employee of £300.7, this is less efficient (£111.2k)
- Sync Life Limited
£111.2k - Industry AVG
Debtor Days
it gets paid by customers after 121 days, this is later than average (63 days)
- Sync Life Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 419 days, this is slower than average (47 days)
- Sync Life Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sync Life Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sync Life Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 860%, this is a higher level of debt than the average (61.9%)
860% - Sync Life Limited
61.9% - Industry AVG
SYNC LIFE LIMITED financials
Sync Life Limited's latest turnover from February 2023 is estimated at £301 and the company has net assets of -£760. According to their latest financial statements, we estimate that Sync Life Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | |||
| Trade Debtors | 100 | 100 | |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | 100 | ||
| misc current assets | |||
| total current assets | 100 | 100 | 100 |
| total assets | 100 | 100 | 100 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 200 | 200 | |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 200 | 200 | |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | 660 | 300 | |
| other liabilities | |||
| provisions | |||
| total long term liabilities | 660 | 300 | |
| total liabilities | 860 | 500 | |
| net assets | -760 | -400 | 100 |
| total shareholders funds | -760 | -400 | 100 |
| Feb 2023 | Feb 2022 | Feb 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 100 | ||
| Creditors | 200 | ||
| Accruals and Deferred Income | 360 | 300 | |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| 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 | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -100 | 100 | |
| overdraft | |||
| change in cash | -100 | 100 |
sync life limited Credit Report and Business Information
Sync Life Limited Competitor Analysis
Perform a competitor analysis for sync life limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in HA1 area or any other competitors across 12 key performance metrics.
sync life limited Ownership
SYNC LIFE LIMITED group structure
Sync Life Limited has no subsidiary companies.
Ultimate parent company
SYNC LIFE LIMITED
12482659
sync life limited directors
Sync Life Limited currently has 2 directors. The longest serving directors include Mr Mohammed Al-Khorsan (Feb 2020) and Mr Nabil Nagar (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammed Al-Khorsan | England | 32 years | Feb 2020 | - | Director |
| Mr Nabil Nagar | England | 42 years | Feb 2020 | - | Director |
P&L
February 2023turnover
300.7
-1%
operating profit
-360
0%
gross margin
42.2%
-5.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-760
+0.9%
total assets
100
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
sync life limited company details
company number
12482659
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
February 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
grove house, third floor, 55-lowlands road, harrow, HA1 3AW
Bank
-
Legal Advisor
-
sync life 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 sync life limited.
sync life 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.
Click to start generating capital raising & share issue transactions for SYNC LIFE LIMITED. This can take several minutes, an email will notify you when this has completed.
sync life limited Companies House Filings - See Documents
| date | description | view/download |
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