Silex Limited

Silex Limited, based in Bordon, UK, is a holding company with a 39-year history and an active status. Employing 76 people, the company holds assets valued at £5,012,673. With five directors and one owner, Silex operates from a real address and maintains a Google rating of 3.0 based on 12 reviews. The company is a regular importer and exporter of plastics and plastic products, with 92 months of import activity and 274 months of export activity recorded.

Silex Limited’s core business revolves around the manufacture of silicone rubber products. Its website highlights a wide range of products, including compound cord, extrusions, hoses, mouldings, and seals—catering to industries like automotive, aerospace, medical, and food. The company even has a German subsidiary, MVQ Silicones GmbH, and a presence in Harrods London with its piano restoration division.

Financially, Silex shows a mixed picture. Current assets decreased by 3%, falling to £5,000,000, while net assets increased by 36%, reaching £4,400,000. Bank borrowings decreased by 25%, while cash reserves dropped 13%, settling at £1,600,000. Creditors decreased by 21%, suggesting better debt management. The company’s turnover is likely under £10.2 million, given its size.

The company’s financial reports were audited by Menzies LLP. The surge in deferred tax liabilities, up 25%, may indicate changes in tax strategies or accounting practices. The decrease in accrued liabilities, down 56%, could be due to improved payment terms or reduced outstanding invoices. While Silex appears to be a stable operation, the fluctuations in key financial metrics warrant close monitoring.

Registered in England/Wales under the registration number 01951973, with a registered address at GU35 0JX, England, Bordon, Units 4-5 Broxhead Trading Estate Broxhead Farm Road, Lindford.

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