United Silicones Limited

United Silicones Ltd, based in Farnborough, UK, is a small, active company established 22 years ago. With 16 employees and £1,025,516 in assets, it’s a well-established player in its field. The company operates a real address and is led by four directors and a single owner. It runs an e-commerce site, showcasing its range of silicone products. Regular import activity, primarily plastics and plastic products, has been recorded for 19 months, while exports of machinery, boilers, and mechanical appliances have occurred for 20 months.

The company’s website highlights its specialization in silicone rubber and sponge products, including antibacterial and medical-grade options. It caters to various industries, offering extrusions, seals, profiles, mouldings, and more. A key focus is on high-quality restoration and disaster recovery for pianos, which is an interesting side venture. The site emphasizes a full range of delivery options and a commitment to supporting the NHS with quick deliveries of essential products.

Financially, United Silicones Ltd’s recent performance presents a mixed picture. Current assets have decreased by 17%, dropping to £1,000,000, while net assets have fallen by 14% to £620,000. Bank borrowings have also decreased by 14%, reaching £240,000. However, cash reserves have declined by 5%, sitting at £590,000. Trade debtors have fallen by 24%, which could indicate improved collections, and creditors have decreased by 14% as well. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble. The lack of an auditor is consistent with its status as a small, exempt company.

Overall, United Silicones Ltd appears to be a stable, albeit slightly pressured, business. While its financials suggest a need for careful management, its established presence, diverse product range, and commitment to customer service position it well for continued success.

Registered in England/Wales under the registration number 04563413, with a registered address at GU14 7SS, Farnborough, Hampshire, Unit 10 Kingsgrove Ind Estate, Invincible Road.

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