SYNAPTEC LTD Financials
- Company number
- SC472060CopyCopy
- Registered office
- 2 Atlantic Square, 31 York Street, Glasgow G2 8AS
- Incorporated
- 10/03/2014
Company snapshot
- Status
- Active
- Employees
- 38 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
154.51%vs 20232023: £1.82M
Total Assets
151.73%vs 20232023: £2.52M
Cash in Bank
26.43%vs 20232023: £799.21K
Total Liabilities
131.61%vs 20232023: £536.59K
Employees
+6vs 20232023: 32
In 2024, SYNAPTEC LTD reported net assets of £4.64M. The same filing shows total assets of £6.34M, cash in bank of £1.01M and total liabilities of £1.24M. Reported headcount was 38 in 2024. Total Assets rose from £2.52M in 2023 to £6.34M in 2024 (151.73%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
154.51%from £1.82M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures SYNAPTEC LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+50.7%vs 2022+22.8% a year compound (CAGR)
Cash in Bank
-58.4%vs 2022-35.5% a year compound (CAGR)
Total Assets
+81.4%vs 2022+34.7% a year compound (CAGR)
Total Liabilities
+368%vs 2022+116% a year compound (CAGR)
Employees
+46.2%vs 2022+12Biggest increase
Total Liabilities+368%
£265.28K in 2022 to £1.24M in 2024
Biggest decrease
Cash in Bank-58.4%
£2.43M in 2022 to £1.01M in 2024
SYNAPTEC LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SYNAPTEC LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 73.16%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 19.59%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 81.30%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 15.93%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SYNAPTEC LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 2.03M | 3.08M | 1.82M | 4.64M |
| Total Assets£ | 2.67M | 3.50M | 2.52M | 6.34M |
| Cash in Bank£ | 1.63M | 2.43M | 799.21K | 1.01M |
| Total Liabilities£ | 543.91K | 265.28K | 536.59K | 1.24M |
| Employees | 20 | 26 | 32 | 38 |
SYNAPTEC LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SYNAPTEC LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SYNAPTEC LTD reported net assets of £4.64M for 2024. That compares with £1.82M in 2023, a change of 154.51%.
SYNAPTEC LTD reported total assets of £6.34M for 2024. That compares with £2.52M in 2023, a change of 151.73%.
SYNAPTEC LTD reported cash in bank of £1.01M for 2024. That compares with £799.21K in 2023, a change of 26.43%.
SYNAPTEC LTD reported 38 employees in 2024, compared with 32 in 2023.
Between 2022 and 2024, SYNAPTEC LTD's net assets rose by 50.7%, cash in bank fell by 58.4%, total assets rose by 81.4% and total liabilities rose by 368%. Net assets compounded at 22.8% a year across the two years to 2024, from £3.08M to £4.64M. Reported headcount went from 26 in 2022 to 38 in 2024 (+12).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.