Sifcon International Plc
- Active
- Holding
- 78 years
- 52 employees
- £11,694,427 (assets)
- Regular importer
- Regular exporter
- Real address
- 5 directors
- 1 owner
- Waltham Cross
- Rating 5.0 (5)
Field of Operation
Website
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
-
Individual
- 9 years
- 1
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
- 2
-
Resident of United Kingdom
-
Individual
- N/A
- 1
-
Resident of United Kingdom
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- 11 years
-
Resident of United Kingdom
-
Individual
- 18 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
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Confirmation statement made on 2025-06-13 with no updatesDownload 3 pages pdf report
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Group of companies' accounts made up to 2023-12-31Download 42 pages pdf report
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Confirmation statement made on 2024-06-13 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Sifcon International Plc
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