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Symprove Ltd

05395143

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

Sandy Farm, The Sands, Farnham, Surrey, GU10 1PX
Incorporated 16/03/2005

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/03/2026

Due 30/03/2027

On track

Industry

72200
Research and experimental development on social sciences and humanities

Officers

Michael John Butler

director · Since 01/12/2010

British · England · Age 65

Andrew David Gibbs

director · Since 01/03/2021

British · United Kingdom · Age 48

William Peter John Bowler

director · Since 01/09/2024

British · England · Age 44

Paul Edward Konney

director · Since 22/01/2026

American · United States · Age 82

Patrick Smallcombe

director · Since 22/01/2026

British · United Kingdom · Age 62

Former

David Lyndon Burt

director · Resigned 01/12/2012

Mark Sewell

director · Resigned 01/12/2012

Ann Carol Smith

secretary · Resigned 30/07/2020

Andrew Damian Rush

director · Resigned 30/07/2020

Joseph Peter Bailey-Burnley

director · Resigned 30/07/2020

Thomas Bjerregaard Thomsen

director · Resigned 30/07/2020

Barry Edward Smith

director · Resigned 01/09/2024

Barry Edward Smith

director · Resigned 22/01/2026

Persons with Significant Control

Symprove Holdings Limited

75–100% shares
75–100% votes

Wey Court West, Union Road, Farnham, GU9 7PT

Reg: 07887897 · Companies House · Private Ltd Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

WHITEHORSE CAPITAL ORIGINATION, LLC AS COLLATERAL AGENT FOR ITSELF AND THE OTHER SECURED PARTIE

Created 29/04/2026Registered 29/04/2026
Charge
satisfied

INVESTEC BANK PLC AS SECURITY AGENT

Created 01/02/2023Registered 02/02/2023Satisfied 08/01/2026
Charge
satisfied

RBS INVOICE FINANCE LTD

Created 16/03/2015Registered 17/03/2015Satisfied 26/11/2019
Charge
satisfied

AIB GROUP (UK) P.L.C.

Created 10/07/2013Registered 11/07/2013Satisfied 26/11/2019

Change History

statusactive
2026-06-05

Active

typeltd
2026-06-05

Private Limited Company

address line1Sandy Farm, The Sands
2026-06-05

SANDY FARM, THE SANDS

post townSurrey
2026-06-05

SURREY

officer appointedBOWLER, William Peter John
2026-06-05
officer appointedBUTLER, Michael John
2026-06-05
officer appointedGIBBS, Andrew David
2026-06-05
officer appointedKONNEY, Paul Edward
2026-06-05
officer appointedSMALLCOMBE, Patrick
2026-06-05

CompanyRankvs 68+ SIC 72200 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.8× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£27.7M

Annual revenue

Net Worth

£3.9M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Profit Before Tax

£2.8M

Bottom line earnings

Net Current Assets

£5.2M

Working capital

Current Assets

£11.8M

Current Liabilities

£6.5M

Fixed Assets

£5.0M

Debtors

£5.0M

Cost of Sales

£7.5M

Gross Profit

£20.3M

Admin Expenses

£17.7M

Operating Profit

£2.9M

Profit After Tax

£2.5M

84avg. employees

Tax at Year End(2019)

Corp tax£27k

People Costs

Wages & salaries£6.0M
NI contributions£493k

Balance Sheet

Intangible assets£1.5M
Assets less current liabilities£10.2M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.80+£2.5M
20231.84+£556k
20221.99-£764k
20213.01+£1.6M
20203.18-£787k
20190.75

Derived from filed accounts. Not audited figures.