SYNECHRON LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

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.”

Group structure

1. SYNECHRON LIMITED · parent
   1. Citihub Inc. 100% · 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 and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -15.7%

  £70,793,463 → £59,648,330

• Cash

  -14.1%

  £2,113,832 → £1,815,401

  lowest in 10 filed years

• Net assets

  -117.3%

  £8,529,343 → -£1,479,253

  lowest in 6 filed years

• Employees

  -9.9%

  314 → 283

• Operating profit

  -456.3%

  -£2,276,448 → -£12,663,215

  lowest in 5 filed years

• Profit before tax

  -469.3%

  -£2,205,469 → -£12,556,814

  lowest in 6 filed years

• Wages

  +1.2%

  £36,170,203 → £36,608,162

  highest in 6 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers