Silver Hub Limited

Silver Hub Ltd, based in Leeds, UK, is a small, active company founded seven years ago. With three employees and £115,543 in assets, it operates from a real address and is led by a solo founder and director. It holds a Google rating of 3.0 based on five reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with the latest import activity recorded eight months ago.

Silver Hub Ltd’s primary focus is jewellery making courses and studio space in Edinburgh. Its website, Silverhub Studios, offers a range of classes, from taster workshops to a year-long course, catering to both beginners and experienced jewellers. The studio itself is located in Leith, Edinburgh's creative quarter, and emphasizes design excellence, artistic collaboration, and creative potential. The team consists of practising jewellery designers who also run their own businesses, highlighting a passion for education alongside their craft.

Financially, Silver Hub Ltd shows some concerning trends. Accumulated depreciation has doubled to £2,400, while bank borrowings have decreased by 30% to £23,000. Cash reserves, however, have dramatically increased to £99,000—a positive sign. Creditors have surged by 86% to £81,000, and trade debtors have plummeted by 76% to £7,600. Equity has tripled to £13,000, a significant boost, but the sharp decrease in debtors suggests potential issues with customer payments. The company meets the criteria to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the financial data is unaudited. The rise in creditors alongside the decrease in debtors could indicate a need to manage cash flow more closely.

Registered in England/Wales under the registration number 10852185, with a registered address at LS17 7TX, United Kingdom, Leeds, 11 Grange Court.

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