Silverlake Garage (motor Salvage) Limited

Silverlake Garage Motor Salvage Ltd, based in Shedfield, UK, is a well-established family business with a long history. Founded 66 years ago in 1959, the company has grown into a large operation, employing 129 people and holding assets totaling £6,275,571. It’s an active company with two directors and three owners, and it operates an e-commerce site alongside its physical yard. Google reviews are positive, with a rating of 4.0 based on over 3,000 reviews.

The company’s core business revolves around the sale of used cars and light motor vehicles, as well as operating as an Authorised Treatment Facility (ATF) for end-of-life vehicles. It regularly exports vehicles, parts, and accessories—a total of 188 months of export activity—and occasionally imports optical and medical tools and devices, with one month of import activity recorded.

Financially, Silverlake Garage Motor Salvage Ltd shows some interesting trends. Current assets decreased by 11%, while net assets remained relatively stable. Bank borrowings decreased significantly by 21%, and cash reserves dropped by 54%. Creditors decreased by 9%, suggesting improved debt management. The company meets the criteria to be considered a large company, with turnover over £36 million, balance sheet total over £18 million, and over 250 employees. The lack of an auditor mentioned suggests the company is exempt from an audit.

The company’s focus on recycling and sustainability is evident, with over 96% of every vehicle processed being recycled. The company’s website highlights its commitment to customer service, quality OEM parts, and nationwide delivery. While the decrease in cash reserves warrants attention, the company’s established presence, positive customer reviews, and focus on a growing market position it for continued success.

Registered in England/Wales under the registration number 00624778, with a registered address at SO32 2HL, Shedfield, Nr.Southampton, Silverlake Garage, Rowash Botley Road.

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