SYNARBOR LIMITED

1. SYNARBOR LIMITED 2015-09-04 → present
2. SYNARBOR PLC 2007-10-19 → 2015-09-04
3. PUBLIC RECRUITMENT GROUP PLC 2004-04-20 → 2007-10-19
4. PINCO 2099 LIMITED 2004-03-04 → 2004-04-20

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 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company's approach to assessing going concern is set out in detail within note 2.4 of the financial statements. Having regard to the post year end trading performance of the Company's subsidiary undertaking Supply Desk Limited and of the Group, and updated projections for 2025 and 2026, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and have further concluded that there is no material uncertainty over the going concern assumption. Thus, the financial statements have been prepared on a going concern basis.”

Group structure

1. SYNARBOR LIMITED · parent
   1. Supply Desk Limited 100% · education recruitment sector
   2. Synarbor Education Limited 100%
   3. Kellis Group Limited 100%
   4. Synarbor Resource Solutions Limited 100% · Canada
   5. Teachlondon Limited 100%
   6. Synarbor Support Services Limited 100%

Significant events

• “A prior year adjustment restatement was recognised in respect of the calculation of the expected credit loss provision on balances due from group undertakings.”
• “During the year, the group entered into new banking facilities including a four year term loan and invoice finance facility expiring in July 2028.”
• “The Company had guaranteed bank borrowings from Investec Bank Plc on behalf of an indirect parent undertaking, with £7,604,421 outstanding at 31 December 2024.”
• “A prior year guarantee of bank borrowings from Lloyds Bank Plc for the parent undertaking was released on 19 July 2024.”
• “A correction of a calculation error resulted in a reduction of the expected credit loss impairment provision held at the prior year end by £4,236,025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  -69%

  £802 → £249

• Net assets

  -43.6%

  -£549,162 → -£788,819

• Employees

  —

  Not reported

• Operating profit

  -116.4%

  £1,451,071 → -£238,298

• Profit before tax

  -116.3%

  £1,451,545 → -£236,039

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers