SYNCNET LIMITED
Company number 07418453 · Monitor this company
Executive summary
SyncNet Limited demonstrates strong top-line revenue growth but suffers from chronic undercapitalization, leaving it highly vulnerable to financial shocks. Despite turnover increasing to £150,905, the company's net assets have dwindled to a perilously low £2,075, indicating that profits are not being retained to sustain the business's structural health. Immediate intervention is required to boost cash reserves and rebuild equity to protect against future volatility.
Shareholders' funds
£4,104
Balance sheet as at 2025-10-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2010-10-25
- Employees
- 1 (2025 accounts)
- Registered office
- 196 Wythenshawe Road, Manchester, England, M23 0PF
- Postcode
- M23 0PF
- Capital
- 100 GBP
- Accounts category
- Micro
Accounts
- Last made up to
- 2025-10-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2025-10-25
- Next due by
- 2026-11-08
Nature of business (SIC)
- 62020 Information technology consultancy activities
Officers 1 current
Contact details
- Website
- http://www.syncnetltd.co.uk
Previous registered addresses 4
| Address | Changed on |
|---|---|
| 196 WYTHENSHAWE ROAD, MANCHESTER, M23 0PF, ENGLAND | 2020-08-11 |
| 36 COMMONWEALTH AVENUE, MANCHESTER, M11 3NU, ENGLAND | 2020-08-11 |
| C/O OLAKOLU AYODEJI, 7 OAK BANK, MANCHESTER, M9 5YA | 2016-08-13 |
| 68 FINCHALE ROAD, LONDON, LONDON, LONDON, SE2 9PA, ENGLAND | 2012-01-10 |
Among its peers
Among the oldest 25%
of 2,094 similar companies in M, trading since 2010
Competitors Manchester
This company ranks 750 among information technology consultancy activities in Manchester.
The class of 2010
20%
of the 11,202 companies in this sector incorporated in 2010 are still active today; 78% have since been dissolved.
A fact about the year, not a forecast for this company.