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Synctrade Limited

09943991

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

Unit S19 Wood Lane, Erdington, Birmingham, B24 9QR
Incorporated 11/01/2016

Compliance

Last accounts

31/01/2025

micro entity

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 10/01/2026

Due 24/01/2027

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Abieyuwa Joeth Asanga

director · Since 11/01/2016

British · England · Age 47

Samuel Asanga

director · Since 01/08/2025

British · England · Age 48

Former

Samuel Asanga

director · Resigned 24/02/2016

Bache Samuels Limited

corporate secretary · Resigned 03/01/2018

Samuel Asanga

director · Resigned 06/11/2023

Persons with Significant Control

Mr Samuel Asanga

25–50% shares

British · England · Age 48

Unit S19, Wood Lane, Birmingham, B24 9QR

Notified 06/04/2016

Mrs Abieyuwa Asanga

25–50% shares

British · England · Age 47

Unit S19, Wood Lane, Birmingham, B24 9QR

Notified 06/04/2016

Change History

status → active
2026-06-09

Active

type → ltd
2026-06-09

Private Limited Company

address line1 → Unit S19 Wood Lane
2026-06-09

UNIT S19 WOOD LANE

post town → Birmingham
2026-06-09

BIRMINGHAM

officer appointed → ASANGA, Abieyuwa Joeth
2026-06-09
officer appointed → ASANGA, Samuel
2026-06-09

CompanyRankvs 13478+ SIC 47190 peers
40

Financial strength2th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 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.

Longevity10/15 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.

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

Key FinancialsYear ending 31/01/2025

Net Worth

-£108k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£116k

Working capital

Current Assets

£101k

Current Liabilities

£225k

Fixed Assets

£13k

4avg. employees

Balance Sheet

Assets less current liabilities-£103k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.45-£94k
20240.94+£114k
20230.65+£78k
20220.05-£159k
20210.96-£98k
20200.59+£74k
20190.75—

Derived from filed accounts. Not audited figures.