Silwood Number Plate Components Limited

Silwood Number Plate Components Ltd, based in London, UK, is a small, active company established 24 years ago. With 16 employees and £2,507,822 in assets, it’s a modest operation. The company operates from a virtual address, a point of interest given that 799 other companies are registered at the same location. It’s run by two directors, though no owners are officially listed, likely one of the directors. Google reviews are stellar, boasting a 5.0 rating based on six reviews. Silwood regularly imports and exports plastics and plastic products, with 33 months of import activity and 5 months of export activity recorded.

The company's website positions Silwood as a specialist manufacturer of number plate components for the automotive industry. It emphasizes over 50 years of expertise and a unique automated production capability, supplying a complete range of sizes and profiles. They even boast ISO9001 and ISO14001 certifications. The website highlights a family-run business with personal customer service, good quality products, and competitive prices. They also offer CNC controlled machining and even cater to the high-end market with piano restoration services.

Financially, Silwood shows some concerning trends. Cash reserves dropped 24% to £500,000, while current assets increased by 17% to £2,500,000. Trade debtors increased significantly, by 58%, reaching £860,000, which could indicate challenges in collecting payments. Creditors also increased, by 5.2%, to £690,000. Bank borrowings remained steady at £16,000. 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 agility, but the increase in debt and decrease in cash needs to be monitored. No auditor is mentioned, likely due to the company’s small size and exemption from full auditing requirements. Overall, Silwood appears to be a stable, albeit somewhat stretched, business navigating the challenges of the plastics market.

Registered in England/Wales under the registration number 04108202, with a registered address at W1G 0PW, United Kingdom, London, 14th Floor 33 Cavendish Square.

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