silver inc (leic) ltd
silver inc (leic) ltd Company Information
Company Number
10922498
Website
-Registered Address
abc house offices at rear of, 74 asfordby street, leicester, LE5 3QG
Industry
Manufacture of women's outerwear, other than leather clothes and workwear
Telephone
-
Next Accounts Due
818 days late
Group Structure
View All
Directors
Iqbal Patel2 Years
Shareholders
iqbal ismail patel 100%
silver inc (leic) ltd Estimated Valuation
Pomanda estimates the enterprise value of SILVER INC (LEIC) LTD at £489.9k based on a Turnover of £896.9k and 0.55x industry multiple (adjusted for size and gross margin).
silver inc (leic) ltd Estimated Valuation
Pomanda estimates the enterprise value of SILVER INC (LEIC) LTD at £0 based on an EBITDA of £-1k and a 2.85x industry multiple (adjusted for size and gross margin).
silver inc (leic) ltd Estimated Valuation
Pomanda estimates the enterprise value of SILVER INC (LEIC) LTD at £8.9k based on Net Assets of £2.8k and 3.17x industry multiple (adjusted for liquidity).
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Silver Inc (leic) Ltd Overview
Silver Inc (leic) Ltd is a live company located in leicester, LE5 3QG with a Companies House number of 10922498. It operates in the manufacture of other women's outerwear sector, SIC Code 14132. Founded in August 2017, it's largest shareholder is iqbal ismail patel with a 100% stake. Silver Inc (leic) Ltd is a young, small sized company, Pomanda has estimated its turnover at £896.9k with unknown growth in recent years.
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Silver Inc (leic) Ltd Health Check
Pomanda's financial health check has awarded Silver Inc (Leic) Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £896.9k, make it smaller than the average company (£13.7m)
- Silver Inc (leic) Ltd
£13.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Silver Inc (leic) Ltd
- - Industry AVG
Production
with a gross margin of 10.8%, this company has a higher cost of product (13.6%)
- Silver Inc (leic) Ltd
13.6% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (2.5%)
- Silver Inc (leic) Ltd
2.5% - Industry AVG
Employees
with 19 employees, this is below the industry average (29)
19 - Silver Inc (leic) Ltd
29 - Industry AVG
Pay Structure
on an average salary of £28.7k, the company has an equivalent pay structure (£28.7k)
- Silver Inc (leic) Ltd
£28.7k - Industry AVG
Efficiency
resulting in sales per employee of £47.2k, this is less efficient (£361.2k)
- Silver Inc (leic) Ltd
£361.2k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is near the average (43 days)
- Silver Inc (leic) Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (25 days)
- Silver Inc (leic) Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Silver Inc (leic) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Silver Inc (leic) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.4%, this is a higher level of debt than the average (37.4%)
97.4% - Silver Inc (leic) Ltd
37.4% - Industry AVG
SILVER INC (LEIC) LTD financials
Silver Inc (Leic) Ltd's latest turnover from October 2020 is estimated at £896.9 thousand and the company has net assets of £2.8 thousand. According to their latest financial statements, Silver Inc (Leic) Ltd has 19 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|
| 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 | 19 | 19 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|
| Tangible Assets | 7,524 | 8,036 | 8,412 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 7,524 | 8,036 | 8,412 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 101,424 | 178,164 | 200,593 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 101,424 | 178,164 | 200,593 |
| total assets | 108,948 | 186,200 | 209,005 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 106,146 | 182,371 | 191,786 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 106,146 | 182,371 | 191,786 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 106,146 | 182,371 | 191,786 |
| net assets | 2,802 | 3,829 | 17,219 |
| total shareholders funds | 2,802 | 3,829 | 17,219 |
| Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -76,740 | -22,429 | 200,593 |
| Creditors | -76,225 | -9,415 | 191,786 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
silver inc (leic) ltd Credit Report and Business Information
Silver Inc (leic) Ltd Competitor Analysis
Perform a competitor analysis for silver inc (leic) ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in LE5 area or any other competitors across 12 key performance metrics.
silver inc (leic) ltd Ownership
SILVER INC (LEIC) LTD group structure
Silver Inc (Leic) Ltd has no subsidiary companies.
Ultimate parent company
SILVER INC (LEIC) LTD
10922498
silver inc (leic) ltd directors
Silver Inc (Leic) Ltd currently has 1 director, Mr Iqbal Patel serving since May 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Iqbal Patel | England | 49 years | May 2022 | - | Director |
P&L
October 2020turnover
896.9k
-11%
operating profit
-1k
0%
gross margin
10.8%
+1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2020net assets
2.8k
-0.27%
total assets
108.9k
-0.41%
cash
0
0%
net assets
Total assets minus all liabilities
silver inc (leic) ltd company details
company number
10922498
Type
Private limited with Share Capital
industry
14132 - Manufacture of women's outerwear, other than leather clothes and workwear
incorporation date
August 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2020
previous names
N/A
accountant
-
auditor
-
address
abc house offices at rear of, 74 asfordby street, leicester, LE5 3QG
Bank
-
Legal Advisor
-
silver inc (leic) ltd 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 silver inc (leic) ltd.
silver inc (leic) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
