silverstone funding (no.1) limited
silverstone funding (no.1) limited Company Information
Company Number
06612702
Website
-Registered Address
third floor 1 king's arms yard, london, EC2R 7AF
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
January 2026
Group Structure
View All
Shareholders
silverstone securitisation holdings ltd 100%
silverstone funding (no.1) limited Estimated Valuation
Pomanda estimates the enterprise value of SILVERSTONE FUNDING (NO.1) LIMITED at £169m based on a Turnover of £266.7m and 0.63x industry multiple (adjusted for size and gross margin).
silverstone funding (no.1) limited Estimated Valuation
Pomanda estimates the enterprise value of SILVERSTONE FUNDING (NO.1) LIMITED at £0 based on an EBITDA of £-15.8m and a 4.84x industry multiple (adjusted for size and gross margin).
silverstone funding (no.1) limited Estimated Valuation
Pomanda estimates the enterprise value of SILVERSTONE FUNDING (NO.1) LIMITED at £325.8k based on Net Assets of £127k and 2.57x industry multiple (adjusted for liquidity).
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Silverstone Funding (no.1) Limited Overview
Silverstone Funding (no.1) Limited is a live company located in london, EC2R 7AF with a Companies House number of 06612702. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2008, it's largest shareholder is silverstone securitisation holdings ltd with a 100% stake. Silverstone Funding (no.1) Limited is a established, mega sized company, Pomanda has estimated its turnover at £266.7m with rapid growth in recent years.
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Silverstone Funding (no.1) Limited Health Check
Pomanda's financial health check has awarded Silverstone Funding (No.1) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
4 Weak
Size
annual sales of £266.7m, make it larger than the average company (£4.6m)
£266.7m - Silverstone Funding (no.1) Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 71%, show it is growing at a faster rate (9.1%)
71% - Silverstone Funding (no.1) Limited
9.1% - Industry AVG
Production
with a gross margin of 0.8%, this company has a higher cost of product (36.9%)
0.8% - Silverstone Funding (no.1) Limited
36.9% - Industry AVG
Profitability
an operating margin of -5.9% make it less profitable than the average company (5.5%)
-5.9% - Silverstone Funding (no.1) Limited
5.5% - Industry AVG
Employees
with 1623 employees, this is above the industry average (26)
- Silverstone Funding (no.1) Limited
26 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Silverstone Funding (no.1) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £164.4k, this is equally as efficient (£164.4k)
- Silverstone Funding (no.1) Limited
£164.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Silverstone Funding (no.1) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Silverstone Funding (no.1) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Silverstone Funding (no.1) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (23 weeks)
1 weeks - Silverstone Funding (no.1) Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (61.9%)
100% - Silverstone Funding (no.1) Limited
61.9% - Industry AVG
SILVERSTONE FUNDING (NO.1) LIMITED financials
Silverstone Funding (No.1) Limited's latest turnover from April 2024 is £266.7 million and the company has net assets of £127 thousand. According to their latest financial statements, we estimate that Silverstone Funding (No.1) Limited has 1,623 employees and maintains cash reserves of £215.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 266,747,000 | 143,309,000 | 44,276,000 | 53,469,000 | 66,484,000 | 55,302,000 | 41,530,000 | 89,851,000 | 119,252,000 | 248,177,000 | 317,785,000 | 377,113,000 | 348,467,000 | 256,576,000 | 291,410,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 264,757,000 | 141,290,000 | 43,442,000 | 51,897,000 | 63,265,000 | 54,222,000 | 40,152,000 | 88,434,000 | 117,645,000 | 244,337,000 | 317,360,000 | 376,408,000 | 347,754,000 | 256,271,000 | 291,068,000 |
| Gross Profit | 1,990,000 | 2,019,000 | 834,000 | 1,572,000 | 3,219,000 | 1,080,000 | 1,378,000 | 1,417,000 | 1,607,000 | 3,840,000 | 425,000 | 705,000 | 713,000 | 305,000 | 342,000 |
| Admin Expenses | 332,000 | ||||||||||||||
| Operating Profit | 10,000 | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| Tax | -3,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 |
| Profit After Tax | 7,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 7,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 10,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 5,412,859,000 | 4,730,935,000 | 5,121,792,000 | 4,768,917,000 | 6,132,602,000 | 2,617,298,000 | 3,541,335,000 | 3,265,329,000 | 6,134,392,000 | 6,651,761,000 | 17,179,125,000 | 19,638,190,000 | 20,190,724,000 | 19,309,427,000 | 17,913,753,000 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,571,000 | 0 | 79,536,000 | 110,030,000 | 53,886,000 | 0 |
| Cash | 215,311,000 | 419,056,000 | 468,007,000 | 568,277,000 | 356,602,000 | 499,140,000 | 219,766,000 | 389,508,000 | 153,207,000 | 121,494,000 | 2,328,995,000 | 1,384,174,000 | 806,079,000 | 1,615,470,000 | 1,362,536,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42,988,000 |
| total current assets | 5,628,170,000 | 5,149,991,000 | 5,589,799,000 | 5,337,194,000 | 6,489,204,000 | 3,116,438,000 | 3,761,101,000 | 3,654,837,000 | 6,287,599,000 | 6,774,826,000 | 19,508,120,000 | 21,101,900,000 | 21,106,833,000 | 20,978,783,000 | 19,319,277,000 |
| total assets | 5,628,170,000 | 5,149,991,000 | 5,589,799,000 | 5,337,194,000 | 6,489,204,000 | 3,116,438,000 | 3,761,101,000 | 3,654,837,000 | 6,287,599,000 | 6,774,826,000 | 19,508,120,000 | 21,101,900,000 | 21,106,833,000 | 20,978,783,000 | 19,319,277,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 5,627,793,000 | 5,149,619,000 | 5,589,364,000 | 5,336,774,000 | 6,489,053,000 | 3,116,173,000 | 3,760,525,000 | 3,654,656,000 | 6,147,817,000 | 6,774,768,000 | 19,507,826,000 | 21,101,662,000 | 21,106,679,000 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,978,696,000 | 19,273,739,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 250,000 | 252,000 | 323,000 | 316,000 | 55,000 | 177,000 | 496,000 | 109,000 | 139,718,000 | 2,000 | 246,000 | 198,000 | 122,000 | 63,000 | 45,522,000 |
| total current liabilities | 5,628,043,000 | 5,149,871,000 | 5,589,687,000 | 5,337,090,000 | 6,489,108,000 | 3,116,350,000 | 3,761,021,000 | 3,654,765,000 | 6,287,535,000 | 6,774,770,000 | 19,508,072,000 | 21,101,860,000 | 21,106,801,000 | 20,978,759,000 | 19,319,261,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,628,043,000 | 5,149,871,000 | 5,589,687,000 | 5,337,090,000 | 6,489,108,000 | 3,116,350,000 | 3,761,021,000 | 3,654,765,000 | 6,287,535,000 | 6,774,770,000 | 19,508,072,000 | 21,101,860,000 | 21,106,801,000 | 20,978,759,000 | 19,319,261,000 |
| net assets | 127,000 | 120,000 | 112,000 | 104,000 | 96,000 | 88,000 | 80,000 | 72,000 | 64,000 | 56,000 | 48,000 | 40,000 | 32,000 | 24,000 | 16,000 |
| total shareholders funds | 127,000 | 120,000 | 112,000 | 104,000 | 96,000 | 88,000 | 80,000 | 72,000 | 64,000 | 56,000 | 48,000 | 40,000 | 32,000 | 24,000 | 16,000 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 10,000 | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -3,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 681,924,000 | -390,857,000 | 352,875,000 | -1,363,685,000 | 3,515,304,000 | -924,037,000 | 276,006,000 | -2,869,063,000 | -518,940,000 | -10,525,793,000 | -2,538,601,000 | -583,028,000 | 937,441,000 | 1,449,560,000 | 17,913,753,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -2,000 | -71,000 | 7,000 | 261,000 | -122,000 | -319,000 | 387,000 | -139,609,000 | 139,716,000 | -244,000 | 48,000 | 76,000 | 59,000 | -45,459,000 | 45,522,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -17,868,223,000 | ||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 478,174,000 | -439,745,000 | 252,590,000 | -1,152,279,000 | 3,372,880,000 | -644,352,000 | 105,869,000 | -2,493,161,000 | -626,951,000 | -12,733,058,000 | -1,593,836,000 | -5,017,000 | 21,106,679,000 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,978,696,000 | 1,704,957,000 | 19,273,739,000 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 478,174,000 | -439,745,000 | 252,590,000 | -1,152,279,000 | 3,372,880,000 | -644,352,000 | 105,869,000 | -2,493,161,000 | -626,951,000 | -12,733,058,000 | -1,593,836,000 | -5,017,000 | 127,983,000 | 1,704,957,000 | 19,273,747,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -203,745,000 | -48,951,000 | -100,270,000 | 211,675,000 | -142,538,000 | 279,374,000 | -169,742,000 | 236,301,000 | 31,713,000 | -2,207,501,000 | 944,821,000 | 578,095,000 | -809,391,000 | 252,934,000 | 1,362,536,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -203,745,000 | -48,951,000 | -100,270,000 | 211,675,000 | -142,538,000 | 279,374,000 | -169,742,000 | 236,301,000 | 31,713,000 | -2,207,501,000 | 944,821,000 | 578,095,000 | -809,391,000 | 252,934,000 | 1,362,536,000 |
silverstone funding (no.1) limited Credit Report and Business Information
Silverstone Funding (no.1) Limited Competitor Analysis
Perform a competitor analysis for silverstone funding (no.1) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in EC2R area or any other competitors across 12 key performance metrics.
silverstone funding (no.1) limited Ownership
SILVERSTONE FUNDING (NO.1) LIMITED group structure
Silverstone Funding (No.1) Limited has no subsidiary companies.
Ultimate parent company
1 parent
SILVERSTONE FUNDING (NO.1) LIMITED
06612702
silverstone funding (no.1) limited directors
Silverstone Funding (No.1) Limited currently has 4 directors. The longest serving directors include Mr Daniel Wynne (Apr 2017) and Mr Ioannis Kyriakopoulos (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Wynne | 54 years | Apr 2017 | - | Director | |
| Mr Ioannis Kyriakopoulos | 50 years | Mar 2019 | - | Director | |
| Mr Muir Mathieson | 50 years | Mar 2020 | - | Director | |
| Mr Robert Collins | 56 years | Sep 2024 | - | Director |
P&L
April 2024turnover
266.7m
+86%
operating profit
-15.8m
0%
gross margin
0.8%
-47.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
127k
+0.06%
total assets
5.6b
+0.09%
cash
215.3m
-0.49%
net assets
Total assets minus all liabilities
silverstone funding (no.1) limited company details
company number
06612702
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2008
age
16
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
third floor 1 king's arms yard, london, EC2R 7AF
Bank
-
Legal Advisor
-
silverstone funding (no.1) limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 3 charges/mortgages relating to silverstone funding (no.1) limited. Currently there are 3 open charges and 0 have been satisfied in the past.
silverstone funding (no.1) limited Companies House Filings - See Documents
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