Silverlining Furniture Limited

Silverlining Furniture Ltd from Chester UK: small company, holding company, active status, founded 12 years ago, 51 employees, £1,555,896 assets, virtual address, 2 directors, 1 owner. Regular importer of none (3 months imported). Regular exporter of furniture, lighting, and prefabricated buildings (26 months exported). It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates as a holding company, and its active status indicates ongoing operations.

Silverlining Furniture Ltd is a bespoke furniture maker and designer, specializing in forward-thinking design and advanced technology to create one-of-a-kind pieces. Founded in 1985, the company collaborates with clients for homes, yachts, and aircraft, emphasizing innovation and craftsmanship. The company's website highlights its journey, showcasing the passion of its designers and artisans, and even features a blog detailing projects like transforming cork into marine-grade coffee tables and winning awards for its artistry. The business operates from a workshop in Wrexham and has a showroom in London.

Financially, Silverlining Furniture Ltd shows some interesting trends. Cash reserves have increased significantly, jumping 310% to £550,000—a positive sign of liquidity. However, creditors have also risen substantially, increasing by 52% to £280,000. Trade debtors have seen a dramatic increase, ballooning by 260% to £360,000, which could indicate challenges in collecting payments. While net assets have increased by 7.4% to £530,000, the company's average number of employees has risen by 12% to 57, suggesting growing demand or expansion efforts. The company’s property, plant, and equipment has decreased by 13% to £140,000. With no auditor mentioned, the financial data relies on unaudited statements.

Overall, Silverlining Furniture Ltd appears to be growing, but the increase in debt and outstanding receivables warrants close monitoring. The company's focus on high-end, bespoke furniture suggests a premium business model, but managing cash flow effectively will be crucial for sustaining its growth trajectory.

Registered in England/Wales under the registration number 08057118, with a registered address at CH1 2HT, Chester, Cheshire, 114-120 Northgate Street.

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