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Financial Synergy Ltd

03413494

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O MJB AVANTI, OFFICE 12 EPSILON HOUSE, IPSWICH, IP3 9FJ
Incorporated 01/08/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Mr Daniel Allen

director · Since 01/08/1997

CONSULTANT

BRITISH · ENGLAND · Age 74

Also on 1 other board

Persons with Significant Control

Mr Daniel Allen

75–100% shares
75–100% votes
Appoint directors
Significant control

British · England · Age 74

C/O Mjb Avanti, Office 12, Epsilon House, Ipswich, IP3 9FJ

Notified 06/04/2016

CompanyRankvs 1669+ SIC 65120 peers
28

Financial strength4th percentile among SIC peers · 1/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1669Financial Synergy Ltd
38
How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/08/2024

Net Worth

-£17k

Balance sheet strength

Cash

£304

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£5k

Current Liabilities

£21k

Debtors

£5k

1avg. employees

Director Loans

Company owes directors£15k

Balance Sheet

Assets less current liabilities-£16k
Signed by Mr Danny Allen 8 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.23-£12k
20230.92+£22k
20220.42-£10k
20210.55+£3k
20200.47-£19k
20190.89-£5k
20181.14—

Derived from filed accounts. Not audited figures.