Founded in 1998, Synechron Consulting, classified under reg no. 03625548 is an active company. Currently registered at 73 Cornhill EC3V 3QQ, London the company has been in the business for twenty six years. Its financial year was closed on March 31 and its latest financial statement was filed on Thu, 31st Mar 2022. Since Tue, 1st Feb 2022 Synechron Consulting Limited is no longer carrying the name Citihub.
The firm has 2 directors, namely Faisal H., Richard H.. Of them, Richard H. has been with the company the longest, being appointed on 1 November 2003 and Faisal H. has been with the company for the least time - from 24 October 2020. At present there are a few former directors listed by the firm. Their names might be found in the table below. In addition, there is one former secretary - Keith M. who worked with the the firm until 24 October 2020.
| Office Address | 73 Cornhill |
| Town | London |
| Post code | EC3V 3QQ |
| Country of origin | United Kingdom |
| Registration Number | 03625548 |
| Date of Incorporation | Thu, 27th Aug 1998 |
| Industry | Other business support service activities not elsewhere classified |
| End of financial Year | 31st March |
| Company age | 26 years old |
| Account next due date | Sun, 31st Dec 2023 (117 days after) |
| Account last made up date | Thu, 31st Mar 2022 |
| Next confirmation statement due date | Tue, 10th Sep 2024 (2024-09-10) |
| Last confirmation statement dated | Sun, 27th Aug 2023 |
Position: Director
Appointed: 24 October 2020
Position: Director
Appointed: 01 November 2003
The list of persons with significant control who own or have control over the company is made up of 2 names. As BizStats established, there is Faisal H. This PSC has 75,01-100% voting rights and has 75,01-100% shares. The second entity in the PSC register is Keith M. This PSC owns 25-50% shares and has 25-50% voting rights.
Faisal H.
| Notified on | 24 October 2020 |
| Nature of control: |
75,01-100% shares 75,01-100% voting rights right to appoint and remove directors |
Keith M.
| Notified on | 27 August 2016 |
| Ceased on | 24 October 2020 |
| Nature of control: |
25-50% voting rights 25-50% shares |
| Citihub | February 1, 2022 |
| Profit & Loss | ||||
|---|---|---|---|---|
| Accounts Information Date | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2022-03-31 |
| Balance Sheet | ||||
| Cash Bank On Hand | 2 346 349 | 924 036 | 1 242 523 | 1 017 728 |
| Current Assets | 5 951 041 | 5 408 771 | 3 990 830 | 6 810 416 |
| Debtors | 3 604 692 | 4 484 735 | 2 748 307 | 5 792 688 |
| Net Assets Liabilities | 1 907 637 | 926 275 | 3 489 452 | |
| Other Debtors | 387 263 | 363 427 | 13 095 | 479 |
| Property Plant Equipment | 32 917 | 35 294 | 36 201 | 24 386 |
| Other | ||||
| Accrued Liabilities Deferred Income | 3 037 621 | 2 626 204 | 1 652 781 | 1 655 176 |
| Accumulated Depreciation Impairment Property Plant Equipment | 163 597 | 175 362 | 187 429 | 20 417 |
| Additions Other Than Through Business Combinations Property Plant Equipment | 14 142 | 12 974 | 14 713 | |
| Administrative Expenses | 4 209 813 | 5 345 093 | ||
| Amounts Owed To Group Undertakings | 10 370 | 183 026 | 37 519 | 25 207 |
| Average Number Employees During Period | 38 | 39 | 47 | 80 |
| Cash Cash Equivalents | 2 933 206 | 1 766 086 | 1 402 062 | |
| Comprehensive Income Expense | -1 945 477 | 3 387 322 | ||
| Corporation Tax Payable | 36 869 | 2 643 | 271 686 | |
| Corporation Tax Recoverable | 118 114 | 118 114 | ||
| Cost Sales | 21 083 603 | 31 618 986 | ||
| Creditors | 3 985 312 | 3 543 707 | 3 093 779 | 3 339 390 |
| Current Tax For Period | 72 412 | 389 800 | ||
| Deferred Tax Asset Debtors | 198 062 | |||
| Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences | -197 853 | 197 045 | ||
| Dividends Paid Classified As Financing Activities | -609 480 | -889 175 | -518 790 | |
| Fixed Assets | 49 477 | 36 337 | 24 522 | |
| Foreign Exchange Differences Increase Decrease In Depreciation Impairment Property Plant Equipment | 2 792 | |||
| Further Item Tax Increase Decrease Component Adjusting Items | -3 915 | 197 045 | ||
| Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income | 44 807 | 39 938 | ||
| Gross Profit Loss | 1 715 318 | 4 142 697 | ||
| Income Taxes Paid Refund Classified As Operating Activities | 299 307 | -93 734 | ||
| Increase Decrease From Foreign Exchange Differences Property Plant Equipment | 3 945 | |||
| Increase Decrease In Cash Cash Equivalents From Foreign Exchange Differences | 38 785 | |||
| Increase Decrease In Current Tax From Adjustment For Prior Periods | -376 557 | |||
| Increase From Depreciation Charge For Year Property Plant Equipment | 11 765 | 12 067 | 11 730 | |
| Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment | 14 798 | |||
| Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings | 2 | |||
| Interest Income On Bank Deposits | 2 215 | 363 | ||
| Interest Paid Classified As Operating Activities | -2 | |||
| Interest Payable Similar Charges Finance Costs | 2 | |||
| Interest Received Classified As Investing Activities | -2 215 | -363 | ||
| Investments Fixed Assets | 14 183 | 14 183 | 136 | 136 |
| Investments In Subsidiaries | 14 183 | 14 183 | 136 | 136 |
| Issue Equity Instruments | 306 283 | 151 894 | ||
| Net Cash Flows From Used In Operating Activities | -1 539 035 | 477 630 | ||
| Net Cash Generated From Operations | 1 492 032 | |||
| Net Current Assets Liabilities | 1 965 729 | 1 865 064 | 897 051 | |
| Net Finance Income Costs | 2 215 | 363 | ||
| Operating Profit Loss | -2 494 495 | 4 025 809 | ||
| Other Creditors | 3 853 | 3 853 | 3 853 | 3 853 |
| Other Disposals Decrease In Depreciation Impairment Property Plant Equipment | 193 540 | |||
| Other Disposals Property Plant Equipment | 193 540 | |||
| Other Interest Receivable Similar Income Finance Income | 2 215 | 363 | ||
| Pension Other Post-employment Benefit Costs Other Pension Costs | 340 845 | 325 776 | 342 613 | 622 544 |
| Percentage Class Share Held In Subsidiary | 100 | 100 | 100 | |
| Prepayments Accrued Income | 516 853 | 468 869 | 172 253 | 2 599 510 |
| Profit Loss | 39 741 | 790 378 | -614 466 | 2 563 177 |
| Profit Loss On Ordinary Activities Before Tax | -2 492 282 | 4 026 172 | ||
| Property Plant Equipment Gross Cost | 196 514 | 210 656 | 223 630 | 44 803 |
| Social Security Costs | 916 644 | 978 433 | 1 144 446 | 1 837 407 |
| Staff Costs Employee Benefits Expense | 8 203 688 | 7 751 159 | 9 580 845 | 17 571 115 |
| Taxation Including Deferred Taxation Balance Sheet Subtotal | 6 904 | 7 113 | 6 096 | |
| Tax Decrease From Utilisation Tax Losses | -168 911 | 198 062 | ||
| Tax Increase Decrease From Effect Capital Allowances Depreciation | -2 492 | -3 693 | ||
| Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss | 85 147 | -9 178 | ||
| Tax Increase Decrease From Effect Foreign Tax Rates | 1 955 | |||
| Tax Tax Credit On Profit Or Loss On Ordinary Activities | -501 998 | 678 788 | ||
| Total Assets Less Current Liabilities | 1 914 541 | 933 388 | ||
| Total Current Tax Expense Credit | -376 557 | 389 800 | ||
| Trade Creditors Trade Payables | 276 082 | 136 274 | 111 755 | 264 103 |
| Trade Debtors Trade Receivables | 1 653 204 | 2 794 550 | 2 203 900 | 3 544 654 |
| Turnover Revenue | 22 798 921 | 35 761 683 | ||
| Wages Salaries | 6 946 199 | 6 446 950 | 8 093 786 | 15 111 164 |
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|---|---|---|---|
| AA |
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