Little Silver Wood Limited

Little Silver Wood Ltd, based in Devon, UK, is a small, active company founded six years ago. Employing ten people and holding £96,839 in assets, it’s a solo-founded operation led by a single director and owner. The business boasts a perfect 5.0 Google rating from eight reviews and operates from a real address in Muddiford, Barnstaple. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with the last import activity recorded one month ago in February 2022.

The company’s website is currently unavailable, so it’s difficult to ascertain the full scope of their operations. However, the company description indicates they operate in the “other business support service activities n.e.c.” industries.

Financially, Little Silver Wood Ltd presents a mixed picture. While net assets increased significantly by 88% to £160,000, current assets decreased by 13% to £97,000. Bank borrowings remained steady at £10,000, but cash reserves rose a healthy 72% to £14,000. Trade debtors decreased by 22%, suggesting improved collection practices. 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 decrease in current assets could indicate a slowdown in sales. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s recent increase in equity, coupled with the improved cash position, is a positive sign. However, the decrease in current assets warrants closer monitoring. It’s possible that the company is investing in new equipment or expanding its operations, which could explain the temporary dip.

Registered in England/Wales under the registration number 11677238, with a registered address at EX31 4HQ, England, Devon, Little Silver Quarry Muddiford, Barnstaple.

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