Sifcon International Plc

  • Holding
  • Active
  • 78 years
  • 52 employees
  • £11,694,427 (assets)
  • Real address
  • 5 directors
  • 1 owner
  • Regular importer
  • Regular exporter
  • Rating 5.0 (5)

Field of Operation

Wholesale of household goods (other than musical instruments) n.e.c.
46499 7551 companies

Website

Social media

Phones

Summary

Sifcon International Plc, based in Waltham Cross, UK, is a holding company with a solid 78-year history, currently employing 52 people and managing assets totaling £11,694,427. The company, which has a real address and five directors, maintains a perfect 5.0-star rating on Google based on five reviews. It’s a regular importer of paper and paperboard products (631 months) and a regular exporter of furniture, lighting, and prefabricated buildings (201 months). The company is owned by Tiffin Nicholas Stephen.

The company’s website, silplc.com, showcases a wide range of home décor and lifestyle products. It’s clearly geared towards trade customers, requiring registration and offering a "temerity Jones" view. Products are categorized extensively, from candles and lighting to furniture, textiles, and even craft supplies. The site’s design is a bit dated, but the sheer variety of items on offer is impressive. It's clear that Sifcon International Plc operates as a wholesale distributor, catering to retailers and businesses rather than individual consumers.

Financially, Sifcon International Plc presents a mixed picture. While turnover remained relatively stable at £10 million, net assets decreased by 10% to £5.9 million. Bank borrowings increased significantly, by 25%, reaching £330,000, while cash reserves fell by 15% to £28,000. Creditors also rose by 23%, suggesting a need to manage short-term liabilities. 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 stay agile, but the decrease in equity raises questions. Gravita Audit II Limited performed the audit. The company’s reliance on imports and exports makes it vulnerable to global economic fluctuations, and the rise in borrowing suggests a need for careful financial management.

Registered in England/Wales under the registration number 00422367, with a registered address at EN8 7PG, Waltham Cross, Herts, New Ford Road, Brittania Road Ind Estate.

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

Owners & PSC

  • Tiffin Nicholas Stephen
  • 8 years
  • 1
  • 50%+

Managers

  • Tiffin Nicholas Stephen
  • N/A
  • 2
Company director
  • Pimm Alan Charles
  • N/A
  • 1
Company director
Secretary
Chartered accountant
  • Pugh John
  • 18 years
Sales

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Group of companies' accounts made up to 2023-12-31
  2. Confirmation statement made on 2024-06-13 with no updates
  3. Registration of charge 004223670012, created on 2024-01-12

Importer profile by HS codes

Last imported products

All imported products

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Exporter profile by HS codes

Last exported products

All exported products

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Buy the list of 4066 UK B2B buyers of furniture, lighting, and prefabricated buildings.
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