Silver Online Ltd
- Small
- Active
- 5 years
- 2 employees
- £10,642 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Silver Online Ltd, based in Milton Keynes, UK, is a small, active e-commerce company founded five years ago. With just two employees and £10,642 in assets, it’s a solo founder operation led by a single director and owner, Tuzun Sinan. The company operates from a real address and specializes in the retail sale of watches and jewellery via its online store.
The website, Silver Scene, showcases a wide range of unique and contemporary sterling silver and gemstone jewellery. It features a curated selection of one-of-a-kind pieces, stone jewellery, and plain silver designs, catering to customers seeking quality without the designer price tag. The site offers free shipping throughout the UK and a free gift box on any order, highlighting its commitment to customer satisfaction. The website also has a blog with content on birthstones, zodiac stones, and gemstone legends.
Financially, Silver Online Ltd presents a mixed picture. While bank overdrafts have decreased significantly by 54%, cash bank on hand has fallen by 28%. Creditors have increased slightly by 11%, and trade debtors have risen by 14%. Perhaps most notably, equity has declined by 20%, and net assets have decreased by 19%. The company's size—meeting two of three conditions for a small company—allows for agility, but the drop in equity warrants attention. Trade creditors have decreased by 48%, which is a positive sign. The company is audited by an accountant and has a report.
Overall, Silver Online Ltd appears to be navigating a period of change. While the e-commerce side seems vibrant and well-presented, the financial data suggests the company is burning through money. Whether this is a temporary setback or a longer-term trend remains to be seen.
Registered in England/Wales under the registration number 12215940, with a registered address at MK5 8DJ, England, Milton Keynes, 23 Linceslade Grove, Loughton.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Tuzun Sinan
- 5 years
- 3
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Tuzun Sinan
- 5 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 5 pages pdf report
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Confirmation statement made on 2024-09-18 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-09-30Download 5 pages pdf report
FAQ about Silver Online Ltd
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