Sylk Limited

Sylk Limited is a small, active company based in Kingston Upon Thames, UK, founded 28 years ago in 1996. With £630,358 in assets and a real registered address, it employs four people and is managed by two directors and one owner. The company operates an e-commerce site selling Sylk Natural Intimate Lubricant, a plant-based product marketed to women experiencing vaginal dryness. Its website showcases testimonials and highlights partnerships with health organizations, emphasizing the product’s benefits for various conditions, from menopause to cancer treatment. Sylk also imports essential oils and perfumes, though activity is irregular, with the last recorded import dating back to March 2021.

The company's core business involves wholesale of pharmaceutical goods and retail via mail order and internet sales. Sylk's website is very active and well-designed, with a blog and clear product information. It's a niche product with a dedicated customer base, and the testimonials suggest a strong brand reputation.

Financially, Sylk Limited shows some concerning trends. Cash bank on hand dropped by 4.2% to £580,000, while current assets decreased by 28% to £630,000. Creditors decreased significantly by 74%, which is a positive sign, but trade debtors plummeted by 99% to just £3,600. Equity also declined by 15% to £580,000. The company's small size (meeting two of three criteria for a small company) helps keep costs manageable, but the decline in assets and equity suggests a need for careful financial management. It’s worth noting that the company is exempt from an audit, so the figures are unaudited.

While Sylk’s product appears to have a loyal following, the financial data indicates a period of adjustment. It’s possible the company is reinvesting in growth, but the decline in key metrics warrants close monitoring.

Registered in England/Wales under the registration number 03221305, with a registered address at KT2 5BX, England, Kingston Upon Thames, Surrey, 119 Richmond Road.

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