Silicon Connect Ltd

Silicon Connect Ltd, based in Welwyn Garden City, UK, is a small, active company founded fifteen years ago. Employing five people, the company holds £612,080 in assets and operates from a real address. It’s a solo-founded venture led by two directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances – parts, with twelve months of import activity, and exports electrical machinery and equipment, with seven months of export activity.

The company’s website showcases a wide range of products, from desktop PCs and laptop parts to monitors and accessories, all branded under the Dell name. It’s clear they’re focused on selling computer hardware and components, with a particular emphasis on replacement parts and upgrades. The site also highlights services like laptop repair and offers a variety of accessories, from docking stations to laptop bags. It’s a comprehensive online store for Dell products.

Financially, Silicon Connect Ltd shows a mixed picture. Current assets decreased by 25% to £610,000, while net assets also fell by 4.5% to £490,000. Trade debtors increased significantly by 110% to £45,000, suggesting a potential increase in outstanding invoices. However, bank borrowings decreased, and cash reserves rose by 20% to £110,000. 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 it to remain flexible. No auditor is mentioned, which is common for small companies.

Overall, Silicon Connect Ltd appears to be a stable, albeit small, business. While the increase in trade debtors warrants attention, the rise in cash reserves suggests a healthy short-term financial position. The company’s focus on Dell products and its comprehensive online store position it well in the competitive computer hardware market.

Registered in England/Wales under the registration number 06893255, with a registered address at AL7 1AU, Welwyn Garden City, Hertfordshire, Unit 1-B, Tewin Court.

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