Silvertronic Limited

Silvertronic Ltd from Hoddesdon, UK, is a small, family business with an active status, having been founded 39 years ago in 1986. With 16 employees and £670,477 in assets, it’s a well-established operation. The company has two directors and two owners, and boasts a perfect 5.0 Google rating from a single review. Silvertronic is a regular importer and exporter, specializing in optical and medical tools and devices, with 17 months of import activity and 70 months of export activity recorded.

The company’s website showcases a range of products, including HD cable piercers, test leads, crocodile clips, and lantern-fronted test lead sets. It also highlights compliance with the RoHS directive and provides contact information for both its UK and German offices. The website suggests a business focused on supplying testing and measurement equipment to the electronics industry, with a particular emphasis on quality and reliability. It’s a B2B operation, rather than a direct-to-consumer one.

Financially, Silvertronic Ltd presents a mixed picture. While current assets have increased slightly to £670,000, cash reserves have decreased significantly by 44% to £56,000. Trade debtors have risen by 24%, which could indicate increased sales but also potential payment delays. On the positive side, creditors have decreased by 3.3%, suggesting improved debt management. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the decline in cash reserves warrants attention. The accounts are unaudited and exempt, relying on director-reported data.

It seems Silvertronic is navigating a period of change. While sales appear to be holding steady, the company needs to manage its cash flow carefully to ensure long-term stability. The family-run nature of the business and its focus on specialized equipment could be key strengths in a competitive market.

Registered in England/Wales under the registration number 01993292, with a registered address at EN11 0FJ, England, Hoddesdon, Unit 14, Hoddesdon Enterprise Centre, Pindar Road.

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