savage silk limited
savage silk limited Company Information
Company Number
09057199
Next Accounts
Jan 2026
Shareholders
ssh group holding company ltd
Group Structure
View All
Industry
Solicitors
Registered Address
the core bath lane, newcastle helix, newcastle upon tyne, NE4 5TF
Website
http://savagesilk.co.uksavage silk limited Estimated Valuation
Pomanda estimates the enterprise value of SAVAGE SILK LIMITED at £779.2k based on a Turnover of £1.4m and 0.57x industry multiple (adjusted for size and gross margin).
savage silk limited Estimated Valuation
Pomanda estimates the enterprise value of SAVAGE SILK LIMITED at £110.5k based on an EBITDA of £31.9k and a 3.46x industry multiple (adjusted for size and gross margin).
savage silk limited Estimated Valuation
Pomanda estimates the enterprise value of SAVAGE SILK LIMITED at £415k based on Net Assets of £238.9k and 1.74x industry multiple (adjusted for liquidity).
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Savage Silk Limited Overview
Savage Silk Limited is a live company located in newcastle upon tyne, NE4 5TF with a Companies House number of 09057199. It operates in the solicitors sector, SIC Code 69102. Founded in May 2014, it's largest shareholder is ssh group holding company ltd with a 100% stake. Savage Silk Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with rapid growth in recent years.
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Savage Silk Limited Health Check
Pomanda's financial health check has awarded Savage Silk Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
6 Regular
4 Weak
Size
annual sales of £1.4m, make it in line with the average company (£1.4m)
- Savage Silk Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (7%)
- Savage Silk Limited
7% - Industry AVG
Production
with a gross margin of 63.8%, this company has a comparable cost of product (63.8%)
- Savage Silk Limited
63.8% - Industry AVG
Profitability
an operating margin of 2.2% make it less profitable than the average company (9.6%)
- Savage Silk Limited
9.6% - Industry AVG
Employees
with 21 employees, this is similar to the industry average (24)
21 - Savage Silk Limited
24 - Industry AVG
Pay Structure
on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)
- Savage Silk Limited
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £65.4k, this is equally as efficient (£75.3k)
- Savage Silk Limited
£75.3k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is near the average (74 days)
- Savage Silk Limited
74 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is slower than average (26 days)
- Savage Silk Limited
26 days - Industry AVG
Stock Days
it holds stock equivalent to 399 days, this is more than average (196 days)
- Savage Silk Limited
196 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)
0 weeks - Savage Silk Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.1%, this is a higher level of debt than the average (54.9%)
78.1% - Savage Silk Limited
54.9% - Industry AVG
SAVAGE SILK LIMITED financials
Savage Silk Limited's latest turnover from April 2024 is estimated at £1.4 million and the company has net assets of £238.9 thousand. According to their latest financial statements, Savage Silk Limited has 21 employees and maintains cash reserves of £8.6 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 21 | 19 | 10 | 10 | 13 | 13 | 9 | 7 | 4 | |
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,905 | 20,122 | 24,904 | 13,217 | 22,585 | 48,465 | 54,558 | 63,849 | 8,367 | 10,017 |
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 17,905 | 20,122 | 24,904 | 13,217 | 22,585 | 48,465 | 54,558 | 63,849 | 8,367 | 10,017 |
| Stock & work in progress | 544,571 | 294,848 | 277,000 | 210,000 | 210,637 | |||||
| Trade Debtors | 290,935 | 326,773 | 142,095 | 115,899 | 75,218 | 149,430 | 72,430 | 83,915 | 39,076 | 47,488 |
| Group Debtors | ||||||||||
| Misc Debtors | 226,526 | 146,762 | 80,043 | 383 | 318,124 | 75,757 | 122,913 | 15,207 | ||
| Cash | 8,634 | 18,003 | 10,615 | 92,004 | 21,200 | 4,480 | 8,144 | 49,390 | 35,795 | |
| misc current assets | 16,200 | |||||||||
| total current assets | 1,070,666 | 786,386 | 509,753 | 418,286 | 307,055 | 472,034 | 156,331 | 256,218 | 90,078 | 63,688 |
| total assets | 1,088,571 | 806,508 | 534,657 | 431,503 | 329,640 | 520,499 | 210,889 | 320,067 | 98,445 | 73,705 |
| Bank overdraft | 230,038 | 119,804 | 105,059 | 64,905 | 113,899 | 75,204 | 24,825 | 74,008 | ||
| Bank loan | ||||||||||
| Trade Creditors | 57,365 | 6,990 | 19,121 | 19,344 | 42,242 | 84,196 | 67,759 | 27,651 | 12,431 | 36,078 |
| Group/Directors Accounts | 233 | 18,233 | 109,604 | 49,954 | ||||||
| other short term finances | ||||||||||
| hp & lease commitments | 1,340 | |||||||||
| other current liabilities | 318,075 | 319,436 | 204,888 | 280,494 | 330,162 | 161,968 | 37,964 | 82,420 | 30,483 | |
| total current liabilities | 605,478 | 446,463 | 348,641 | 364,743 | 486,303 | 430,972 | 180,502 | 184,079 | 42,914 | 36,078 |
| loans | 239,643 | 107,227 | 155,227 | 36,560 | 44,661 | 52,662 | 60,662 | 68,662 | ||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | 200,000 | 9,193 | 23,706 | 27,047 | 45,387 | |||||
| provisions | 4,524 | 5,078 | 1,830 | 6,264 | 19,057 | 12,293 | 13,504 | 12,216 | 2,004 | 2,004 |
| total long term liabilities | 244,167 | 112,305 | 157,057 | 242,824 | 72,911 | 88,661 | 101,213 | 126,265 | 2,004 | 2,004 |
| total liabilities | 849,645 | 558,768 | 505,698 | 607,567 | 559,214 | 519,633 | 281,715 | 310,344 | 44,918 | 38,082 |
| net assets | 238,926 | 247,740 | 28,959 | -176,064 | -229,574 | 866 | -70,826 | 9,723 | 53,527 | 35,623 |
| total shareholders funds | 238,926 | 247,740 | 28,959 | -176,064 | -229,574 | 866 | -70,826 | 9,723 | 53,527 | 35,623 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 2,217 | 4,782 | 4,311 | 9,368 | 11,422 | 19,926 | 23,223 | 21,678 | ||
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | 249,723 | 17,848 | 67,000 | -637 | 210,637 | |||||
| Debtors | 43,926 | 251,397 | 105,856 | 41,064 | -392,336 | 319,367 | -58,641 | 152,545 | 6,795 | 47,488 |
| Creditors | 50,375 | -12,131 | -223 | -22,898 | -41,954 | 16,437 | 40,108 | 15,220 | -23,647 | 36,078 |
| Accruals and Deferred Income | -1,361 | 114,548 | -75,606 | -49,668 | 168,194 | 124,004 | -44,456 | 51,937 | 30,483 | |
| Deferred Taxes & Provisions | -554 | 3,248 | -4,434 | -12,793 | 6,764 | -1,211 | 1,288 | 10,212 | 2,004 | |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -233 | -18,000 | 18,233 | -109,604 | 59,650 | 49,954 | ||||
| Other Short Term Loans | ||||||||||
| Long term loans | 132,416 | -48,000 | 118,667 | -8,101 | -8,001 | -8,000 | -8,000 | 68,662 | ||
| Hire Purchase and Lease Commitments | -1,340 | 1,340 | ||||||||
| other long term liabilities | -200,000 | 190,807 | -14,513 | -3,341 | -18,340 | 45,387 | ||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -9,369 | 7,388 | -81,389 | 70,804 | 16,720 | -3,664 | -41,246 | 13,595 | 35,795 | |
| overdraft | 110,234 | 14,745 | 40,154 | -48,994 | 38,695 | 50,379 | -49,183 | 74,008 | ||
| change in cash | -119,603 | -7,357 | -121,543 | 119,798 | -21,975 | -54,043 | 7,937 | -60,413 | 35,795 |
savage silk limited Credit Report and Business Information
Savage Silk Limited Competitor Analysis
Perform a competitor analysis for savage silk limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in NE4 area or any other competitors across 12 key performance metrics.
savage silk limited Ownership
SAVAGE SILK LIMITED group structure
Savage Silk Limited has no subsidiary companies.
Ultimate parent company
1 parent
SAVAGE SILK LIMITED
09057199
savage silk limited directors
Savage Silk Limited currently has 3 directors. The longest serving directors include Mr Mark Priestley (Oct 2014) and Miss Helen Casely (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Priestley | England | 57 years | Oct 2014 | - | Director |
| Miss Helen Casely | England | 40 years | Jul 2018 | - | Director |
| Mr Satpal Pandal | United Kingdom | 43 years | Jul 2018 | - | Director |
P&L
April 2024turnover
1.4m
+4%
operating profit
29.7k
0%
gross margin
63.8%
-8.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
238.9k
-0.04%
total assets
1.1m
+0.35%
cash
8.6k
-0.52%
net assets
Total assets minus all liabilities
savage silk limited company details
company number
09057199
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
b2s1 limited (October 2014)
accountant
HARRIS 21 LTD
auditor
-
address
the core bath lane, newcastle helix, newcastle upon tyne, NE4 5TF
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
savage silk 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 did not find charges/mortgages relating to savage silk limited.
savage silk limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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savage silk limited Companies House Filings - See Documents
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