UK Companies House feature
SYNECHRON LIMITED
Cash
£2M
-14.1% vs 2024
Net assets
-£1M
-117.3% vs 2024
Employees
283
-9.9% vs 2024
Profit before tax
-£13M
-469.3% vs 2024
Profile
- Company number
- 04551868
- Status
- Active
- Incorporation
- 2002-10-02
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 62020
Net assets
10-year trend · vs UK AI & Enterprise SaaS median
Accounts
10-year trend · latest 2025-03-31
| Metric | Trend | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | £26,164,479 | — | £35,239,667 | — | £62,633,089 | — | £70,793,463 | £59,648,330 | |
| Operating profit | — | — | £3,202,616 | — | £3,205,979 | — | £6,791,915 | — | -£2,276,448 | -£12,663,215 | |
| Profit before tax | £447,045 | — | £3,389,355 | — | £3,207,851 | — | £6,791,486 | — | -£2,205,469 | -£12,556,814 | |
| Net profit | £450,974 | — | £3,114,608 | — | £2,563,936 | — | £5,571,733 | — | -£2,130,318 | -£10,008,596 | |
| Cash | £2,136,637 | £2,136,637 | £2,513,595 | £2,513,595 | £3,675,563 | £3,675,563 | £4,755,604 | £4,755,604 | £2,113,832 | £1,815,401 | |
| Total assets less current liabilities | — | — | — | — | — | — | — | — | — | — | |
| Net assets | -£590,616 | — | £2,523,992 | — | £5,087,928 | — | £10,659,661 | — | £8,529,343 | -£1,479,253 | |
| Equity | -£590,616 | -£590,616 | £2,523,992 | £2,523,992 | £5,087,928 | £5,087,928 | £10,659,661 | £10,659,661 | £8,529,343 | -£1,479,253 | |
| Average employees | 118 | — | 120 | — | 131 | — | 174 | — | 314 | 283 | |
| Wages | £9,733,591 | — | £10,698,368 | — | £12,314,323 | — | £17,707,076 | — | £36,170,203 | £36,608,162 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Sopher + Co LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have obtained assurance from its parent undertaking that funds will be made available to the company so that it will be able to continue trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved.”
Subsidiaries
- Citihub Inc. · 100% held · Canada
Significant events
- “The company invested in renewable energy certificates globally, ensuring that Scope 2 emissions remained zero and enabling us to achieve 100% renewable energy status.”
- “The company has set a target to reduce carbon emission, reduce energy consumption and to obtain some energy from renewable resources.”
- “During the current year, the company introduced an equity-settled share-based payment scheme in the parent company, replacing the previous cash-settled arrangement for new awards. Under exceptional circumstances and at the discretion of the board of directors, a one-off cash payment was made to certain employees as recognition of their contributions.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SAULAT, Tanveer | Secretary | 2002-10-02 | — | Indian |
| HUSAIN, Faisal | Director | 2008-01-18 | Apr 1974 | Indian |
| SAULAT, Tanveer | Director | 2017-07-31 | Dec 1972 | Indian |
| SHAH, Mihir | Director | 2026-01-08 | Nov 1980 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BHARDWAJ, Ashok | Nominee Secretary | 2002-10-02 | 2002-10-02 |
| AMMANATH, Brijesh | Director | 2002-10-02 | 2008-01-31 |
| BHUTTA, Zia | Director | 2008-01-18 | 2017-07-28 |
| CAMBDEN, Peter Barrie | Director | 2019-08-14 | 2026-01-08 |
| CLARK, Anthony David | Director | 2017-09-20 | 2019-08-14 |
| KHOKALE, Vasant | Director | 2008-01-04 | 2010-04-09 |
| MELARKODE, Ajit | Director | 2011-07-14 | 2013-01-25 |
| BHARDWAJ CORPORATE SERVICES LIMITED | Corporate Nominee Director | 2002-10-02 | 2002-10-02 |
| SEC CO LIMITED | Corporate Director | 2010-04-08 | 2013-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Faisal Husain | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 107 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-27 | SH01 | capital | capital allotment shares |
| 2026-01-28 | TM01 | officers | termination director company with name termination date |
| 2026-01-28 | AP01 | officers | appoint person director company with name date |
| 2025-11-10 | AA | accounts | accounts with accounts type full |
| 2025-09-29 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-01-02 | RESOLUTIONS | resolution | resolution |
| 2025-01-02 | MA | incorporation | memorandum articles |
| 2024-12-31 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-12-16 | AA | accounts | accounts with accounts type full |
| 2024-09-17 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-09-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-12-07 | AA | accounts | accounts with accounts type full |
| 2023-09-26 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2023-09-25 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-04-05 | AUD | auditors | auditors resignation company |
| 2022-11-17 | AA | accounts | accounts with accounts type full |
| 2022-09-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-02-18 | CH01 | officers | change person director company with change date |
| 2022-02-18 | CH01 | officers | change person director company with change date |
| 2021-11-03 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ (private-firm) · reference 2025-03-31
-5.29
DISTRESS
Altman Z″
- Working capital / Total assets -0.095 × 6.56 = -0.62
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.683 × 6.72 = -4.59
- Book equity / Total liabilities -0.074 × 1.05 = -0.08
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory