Silverlining Marine Limited

Silverlining Marine Ltd from Chester UK is a small holding company with an active status, founded twelve years ago. The company holds £1,618,839 in assets and operates from a virtual address, managed by two directors and one owner. It regularly imports furniture, lighting, and prefabricated buildings (5 months imported), and exports the same items (29 months exported).

The company's website showcases Silverlining Furniture, a British furniture studio pioneering visions of tomorrow. Founded in 1985, the business embraces forward-thinking design and advanced technology to create one-of-a-kind furniture for homes, yachts, and aircraft. The site highlights the company’s journey, portfolio, and craftsmanship, with a particular focus on bespoke pieces and restoration projects. They even have a showroom in Harrods, London.

Financially, Silverlining Marine Ltd’s recent report reveals some interesting trends. While current assets increased by 9.4% to £1,600,000, bank borrowings surged by 92%, reaching £1,100,000. Debtor’s also increased significantly, by 20%, to £1,300,000. Creditors, however, decreased by 81%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in borrowings raises questions. The accounts are unaudited, and no auditor is mentioned.

The company’s financial data suggests it's not burning through money like a startup, but it's also not generating significant profits. The increase in borrowing could be to fund growth or invest in new equipment—or it could indicate a need for more efficient operations. The company's focus on high-end bespoke furniture and restoration projects suggests a premium business model, but it also relies on a niche market.

Registered in England/Wales under the registration number 08052178, 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.