David Silver Spares Limited

David Silver Spares Ltd, based in Leiston, UK, is a small, holding company with an active status, celebrating 28 years in business. Employing 26 people and holding assets of £6,685,212, the company operates from a real address and is overseen by two directors and a single owner. It’s a regular importer and exporter of vehicles, parts, and accessories (excluding trains and trams), with 316 months of import activity and 178 months of export activity recorded.

The company’s website, davidsilverspares.co.uk, is clearly geared towards enthusiasts of Honda motorcycles. It prominently features a search function for parts by model or part number, alongside sections for used motorcycles, accessories, lubricants, and gift ideas. The site emphasizes its status as a Honda specialist, stocking thousands of spares including many discontinued and obsolete parts. A dedicated section highlights popular models from the 1970s, 80s, and 90s, and even boasts a "David Silver Honda Motorcycle Collection" – an inspiring display of classic Hondas. The site also has a sales hotline and details opening hours, delivery information, and contact details.

Financially, David Silver Spares Ltd shows a mixed picture. While current assets increased by 3.4% to £6,700,000, trade debtors rose sharply by 31%, reaching £2,100,000—suggesting potential delays in customer payments. Bank borrowings increased by 15%, reaching £500,000, and creditors increased by 9.3% to £560,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility, but the increase in debt raises questions. The company’s heritage assets, which includes a collection of classic motorcycles, are valued at £1100000. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, David Silver Spares Ltd appears to be a well-established business serving a niche market, but the increase in debt warrants close monitoring.

Registered in England/Wales under the registration number 03194367, with a registered address at IP16 4JD, Leiston, Suffolk, Unit 14 Masterlord Ind Estate, Station Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.