Syntek IT Solutions Ltd
Registered name: SYNTEK IT SOLUTIONS LTD
Syntek IT Solutions Ltd made £23.2k revenue and £4k profit in the year to 31 Aug 2023.
Syntek IT Solutions Ltd’s revenue grew 30% to £23.2k in the year to 31 Aug 2023, with £4k profit and 0 employees. The company is classified under “information technology consultancy activities” and is based in Crawley; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Crawley, South East
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £17.8k | £23.2k |
| Profit after tax | £5.5k | £4k |
| Profit (best available) | £5.5k | £4k |
| Employees (average) | — | 0 |
| Ratios | ||
| Profit margin | 30.9% | 17.3% |
| Growth (year on year) | ||
| Revenue growth | — | ▲30.1% |
| Profit growth | — | ▼27.3% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | −£3.9k | £118 |
| Current assets | £5.8k | £4.8k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- 17.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 £118
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Aug 2023 (profit £4k), from the Companies House accounts bulk data published May 2024. 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.