Silvaman Group Limited

Silvaman Group Ltd from Tipton, UK, is a small holding company with an active status, established ten years ago in 2015. The company employs seven people and holds £1,230,120 in assets, operating from a real address shared by only three other businesses. It’s led by one director and one owner, and regularly imports electrical machinery and equipment, with four months of import activity recorded.

The company specializes in high-end retail shop fitting, working with luxury brands across the UK. Their website highlights a focus on turnkey developments and project management, aiming to streamline processes and deliver exceptional spaces. Client testimonials praise Silvaman's collaborative approach, dedication to deadlines, and high-quality workmanship. They’re known for their work in major retail centers like the Arndale Centre in Manchester and Westfield London, and even boast a showroom in Harrods.

Financially, Silvaman Group Ltd presents a mixed picture. While current assets increased by 24% to £1,200,000, net assets decreased by 57% to £81,000. Bank borrowings fell by 28% to £130,000, but cash reserves dropped significantly by 75% to £110,000. Trade creditors rose by 26%, and trade debtors increased dramatically by 220%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, which is likely due to their small size and exemption from an audit.

The sharp decrease in equity is a cause for concern, suggesting the company may be burning through cash. However, the increase in assets and debtors indicates growing business activity. It's possible that the company is investing in expansion or experiencing delays in customer payments. Overall, Silvaman Group Ltd appears to be navigating a period of transition, balancing growth with financial pressures.

Registered in England/Wales under the registration number 09557691, with a registered address at DY4 7HN, England, Tipton, West Midlands, Unit3 Amphion Court Hale Trading Estate, Lower Church Lane.

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