Synaxon UK Limited
Registered name: SYNAXON UK LIMITED
Synaxon UK Limited made £4.6m revenue and a £339k loss in the year to 31 Dec 2023.
Synaxon UK Limited’s revenue grew 46% to £4.6m in the year to 31 Dec 2023, with a loss of £339k and 8 employees. The company is classified under “other information technology service activities” and is based in Chester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Chester, North West
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The parent company is Synaxon AG incorporated in Germany, which own 100% of the shares in”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £208k | £3.2m | £4.6m |
| Cost of sales | £18.1k | £3m | £4.4m |
| Gross profit | £190k | £150k | £258k |
| Operating profit | −£116k | −£456k | −£451k |
| Profit before tax | −£123k | −£456k | −£451k |
| Profit after tax | −£99.9k | −£280k | −£339k |
| Profit (best available) | −£99.9k | −£280k | −£339k |
| Staff costs | £255k | £347k | £433k |
| Employees (average) | 6 | 6 | 8 |
| Ratios | |||
| Profit margin | −48% | −8.8% | −7.3% |
| Gross margin | 91.3% | 4.7% | 5.6% |
| Revenue per employee | £34.7k | £528k | £579k |
| Profit per employee | −£16.7k | −£46.7k | −£42.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▲1423% | ▲46.2% |
| Headcount growth | — | 0% | ▲33.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £116k | £172k | £181k |
| Net assets | −£742k | −£1m | −£1.4m |
| Current assets | £485k | £978k | £644k |
| Debtors | £39.9k | £618k | £418k |
| Deferred income | £15k | £13.2k | £18.2k |
| Cash from operations | — | −£622k | −£206k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- −7.3%
- Profit ÷ revenue.
- Gross margin
- 5.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £579k
- Revenue ÷ average employees.
- Profit per employee
- −£42.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£1.4m
- Cash at bank
- ▲5%
- Now £181k
- Headcount
- ▲33%
- Now 8
- Deferred income
- ▲38%
- Now £18.2k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£339k), from the Companies House accounts bulk data published Jan 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.