SYNCHRONISED SOFTWARE LIMITED

Executive Summary

Synchronised Software Limited is an early-stage micro-entity with minimal financial activity and negligible net assets, indicating no current capacity to support credit facilities. The company’s financial statements reveal a lack of operational scale and cash flow, resulting in a high credit risk profile. Close monitoring of future financial filings and operational progress is necessary before reconsidering credit approval.

SYNCHRONISED SOFTWARE LIMITED - Analysis Report

Company Number: 13008230

Analysis Date: 2025-07-20 14:19 UTC

1. Credit Opinion: DECLINE
   SYNCHRONISED SOFTWARE LIMITED presents an extremely limited financial profile with only micro-entity level data available dating back to 2021. The balance sheet shows nominal current assets and net assets of just £100, with no recorded liabilities or turnover figures. The absence of employees and minimal financial activity suggests the company has not yet established meaningful operations or revenue streams. This lack of financial substance and operating history indicates an inability to service any meaningful credit facility at this time.

2. Financial Strength:
   The company’s financial strength is negligible. Reported net assets stand at only £100 with no fixed assets or evidence of working capital beyond this token amount. The company falls within the micro-entity category and is audit-exempt, limiting transparency. There is no indication of accumulated profits or reserves. Overall, the balance sheet reflects a start-up or dormant status rather than a financially robust entity.

3. Cash Flow Assessment:
   No cash flow or profit and loss data is provided beyond a snapshot of current assets. The current assets of £100 likely represent a nominal cash balance or equivalent. There is no indication of receivables, inventory, or other working capital components. The lack of employees and operational scale suggests no meaningful cash inflows or outflows. Liquidity is minimal and would not support ongoing operational or debt servicing needs.

4. Monitoring Points:

• Future filed accounts to assess revenue generation, profitability, and cash flow development.
• Increase in net current assets and shareholders’ funds as indicators of financial strengthening.
• Operational scale growth, including employee additions and turnover figures.
• Director actions and any related party transactions given the single director profile.
• Timely filing of accounts and confirmation statements to maintain regulatory compliance.