Silverfield Limited

Silverfield Ltd from Preston UK: a small holding company with an active status, has been operating for 31 years. Employing 62 people and holding assets of £1,170,386, the company operates from a virtual address – a detail flagged by the presence of 86 other companies registered at the same location. Six directors and one owner (though this list may not be exhaustive) guide the business, which regularly imports aircraft, spacecraft, and their parts (over the last 14 months) and occasionally exports them (just one month ago).

The company’s website reveals a focus on metal treatment and coating, specifically serving the aerospace industry. They offer a range of processes, from chemical conversion to hard chrome plating, and also provide non-destructive testing and hardness testing services. It’s a B2B operation, with a focus on quality and technical expertise, and a small cookie policy on the site.

Financially, Silverfield Ltd shows some concerning trends. While current assets remained stable at £1,200,000, net assets decreased by 4.3% to £640,000. Bank borrowings increased significantly, jumping to £83,000, while cash reserves plummeted 65% to £150,000. Trade debtors also rose considerably, reaching £1,000,000, which could indicate challenges in collecting payments. Despite these pressures, creditors decreased by 18%, suggesting some improvements in debt management. The company’s small size—meeting two of three criteria for being classified as small—allows for agility, but the decline in equity is something to keep an eye on. No auditor is mentioned, likely due to the small company exemption, so the figures are unaudited.

Registered in England/Wales under the registration number 02922036, with a registered address at PR1 3HP, Preston, Lancashire, Richard House, Winckley Square.

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