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Company No. 15636313 · Incorporated 11 Apr 2024

Synaptic Labs Ltd

Registered name: SYNAPTIC LABS LTD

Part of Phoenix Games Holding UK Ltd group

Synaptic Labs Ltd made £1.6m revenue and £4k profit in the year to 31 Dec 2024. read from filing text

Synaptic Labs Ltd’s revenue was £1.6m in the year to 31 Dec 2024, with £4k profit and 0 employees. The company is classified under “ready-made interactive leisure and entertainment software development” and is based in London.

Full P&L filedSection J · Information and communicationSIC 62011Ready-made interactive leisure and entertainment software development
Status
Active
Location
London, London
Age
2 yrs · since 2024
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 company's immediate parent undertaking is Phoenix Games Holding UK Limited, a company registered in England and Wales.”

Latest accounts · year to 31 Dec 2024

Key figures

Small teamYoung and profitable
Revenue
£1.6m
Growth —
Profit
£4k
Growth —
Profit margin
0.3%
Gross 46.8%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 2024
DisclosureFull P&Lread from filing text
Profit & loss
Revenue (turnover)£1.6m
Cost of sales£854k
Gross profit£749k
Operating profit£4.1k
Profit before tax£4k
Profit after tax£4k
Profit (best available)£4k
Employees (average)0
Ratios
Profit margin0.3%
Gross margin46.8%
Balance sheet — indirect signals, not revenue
Cash at bank£50.3k
Net assets£4k
Current assets£457k
Debtors£260k
SourceFullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
0.3%
Profit ÷ revenue.
Gross margin
46.8%
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
16.2%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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 £4k
Cash at bank
—
Now £50.3k
Headcount
—
Now 0
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Phoenix Games Holding UK Ltdultimate parent75–100%
  2. Synaptic Labs Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £4k), from the Companies House accounts bulk data published Sep 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.