Silverback Chaps Limited

Silverback Chaps Ltd from Whitby UK: a small, active company founded thirteen years ago, employs three people, and holds £100,079 in assets. It’s a family business with two directors and two owners, operating from a real address. The company is an irregular importer of basic metal tools and utensils (imported for two months), but a regular exporter of leather goods, travel bags, and animal harnesses (exported for thirty-three months).

Silverback Chaps' website, silverbackchaps.com, showcases a wide range of products, from original pro chaps to specialized tools, all branded with a focus on British craftsmanship. The site's currency options are extensive, spanning dozens of countries, suggesting a global reach. It’s a really impressive list, and shows a dedication to international customers. The website also highlights a "10 year anniversary X Series" of tools and a range of apparel, including a Sherpa jacket and a crossover hoodie.

Financially, Silverback Chaps Ltd shows some interesting trends. Accumulated depreciation on plant and machinery increased by 57%, and on vehicles by 47%, suggesting ongoing investment in equipment. However, bank borrowings remained steady at £4,700, and the overdraft decreased by nearly 9%, indicating better cash flow management. Creditors decreased significantly, by 58%, which is a positive sign. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble. The increase in debtors, however, by 23%, could indicate a need to monitor payment collections. No auditor is mentioned, which is common for small companies. The company’s net assets grew by 18%, which is good.

Registered in England/Wales under the registration number 07973262, with a registered address at YO21 2PJ, Whitby, North Yorkshire, South Gables Underhill, Glaisdale.

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