Siltec Limited

Siltec Ltd from Portsmouth UK: a small holding company with an active status, was founded six years ago. The company employs twelve people and holds £1,712,987 in assets, operating from a real address. It’s managed by two directors and one owner, and boasts a perfect 5.0 Google rating based on two reviews. Siltec is a regular importer of stone, plaster, cement, and similar material products, with 50 months of import activity recorded.

The company's website, Siltec Waterproofing Solutions, positions itself as a specialist provider of high-quality roofing, waterproofing, and insulation products. It caters to both new build and refurbishment projects, offering a range of solutions from single-ply membranes to liquid insulation systems. The site emphasizes free consultations, access to an approved contractor network, and design assistance—a comprehensive service package for clients. It also highlights the company’s commitment to quality, technical expertise, and British craftsmanship.

Financially, Siltec Ltd presents a mixed picture. While cash bank on hand increased by a substantial 51% to £650,000, current assets decreased slightly by 6.4% to £1,700,000. Trade debtors saw a significant drop of 32%, which could indicate improved collection efficiency, or perhaps a reduction in sales. Creditors also decreased by 24%, suggesting better management of short-term liabilities. However, future minimum lease payments jumped by 470%, a large increase that could be due to new lease agreements. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the fluctuating debtor and creditor balances warrant close monitoring. There’s no auditor mentioned, which is typical for small companies exempt from an audit.

Overall, Siltec Ltd appears to be a stable, albeit small, operation. The company’s focus on specialized roofing solutions and its strong Google rating suggest a competitive advantage, but the financial data indicates a need to carefully manage cash flow and monitor key liabilities.

Registered in England/Wales under the registration number 11852848, with a registered address at PO3 5FL, England, Portsmouth, Hampshire, E8 Voyager Park, Portfield Road.

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