Franklin Silencers Limited

Franklin Silencers Ltd, based in Northamptonshire, UK, is a small, family-run business with an active status, celebrating 60 years in operation. Employing 54 people and holding assets of £850,635, it’s a well-established entity. The company has three directors and two owners, and operates from a real address. It regularly imports vehicles, parts, and accessories (excluding trains and trams), with five months of import activity recorded, and exports machinery, boilers, and mechanical appliances, with 34 months of export activity.

The company’s website highlights its specialization in designing and manufacturing high-quality OEM and aftermarket exhaust systems. Franklin Silencers caters to the construction, logistics, and power generation equipment industries, emphasizing its family heritage and over 50 years of experience. The website details a broad range of services, from fabrication and tube manipulation to welding and finishing, positioning the company as a one-stop shop for exhaust system solutions. It's clear they are not an e-commerce business, but rather a B2B manufacturer.

However, a closer look at the financial data reveals some concerning trends. Current assets have dropped significantly by 29%, falling to £850,000, while net assets have plummeted 20%, settling at £870,000. Bank borrowings have surged by a staggering 130%, reaching £420,000, and cash reserves have fallen by 45%, leaving just £26,000. Trade debtors have also decreased by 39%, suggesting potential issues with customer payments. Despite these challenges, creditors have decreased by 5.5%, which could indicate improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity drop warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Franklin Silencers Ltd appears to be navigating a period of financial pressure, despite its long-standing reputation and established customer base. The company’s ability to adapt to these challenges and maintain its position in the market will be crucial for its future success.

Registered in England/Wales under the registration number 00837346, with a registered address at NN1 2PS, Northamptonshire, 1 Grafton Place, Northampton.

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