silver sockets limited
silver sockets limited Company Information
Company Number
15099790
Next Accounts
Dec 2025
Shareholders
boss cabins ltd
Group Structure
View All
Industry
Repair and maintenance of other transport equipment
Registered Address
bcs house, pinfold rd, bourne, lincolnshire, PE10 9HT
Website
silversockets.co.uksilver sockets limited Estimated Valuation
Pomanda estimates the enterprise value of SILVER SOCKETS LIMITED at £655.9k based on a Turnover of £1.7m and 0.4x industry multiple (adjusted for size and gross margin).
silver sockets limited Estimated Valuation
Pomanda estimates the enterprise value of SILVER SOCKETS LIMITED at £0 based on an EBITDA of £-37.5k and a 3.49x industry multiple (adjusted for size and gross margin).
silver sockets limited Estimated Valuation
Pomanda estimates the enterprise value of SILVER SOCKETS LIMITED at £0 based on Net Assets of £-68.8k and 2.54x industry multiple (adjusted for liquidity).
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Silver Sockets Limited Overview
Silver Sockets Limited is a live company located in bourne, PE10 9HT with a Companies House number of 15099790. It operates in the repair and maintenance of other transport equipment n.e.c. sector, SIC Code 33170. Founded in August 2023, it's largest shareholder is boss cabins ltd with a 100% stake. Silver Sockets Limited is a startup, small sized company, Pomanda has estimated its turnover at £1.7m with unknown growth in recent years.
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Silver Sockets Limited Health Check
Pomanda's financial health check has awarded Silver Sockets Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.7m, make it larger than the average company (£670.7k)
- Silver Sockets Limited
£670.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Silver Sockets Limited
- - Industry AVG
Production
with a gross margin of 27%, this company has a comparable cost of product (27%)
- Silver Sockets Limited
27% - Industry AVG
Profitability
an operating margin of -4.2% make it less profitable than the average company (4.3%)
- Silver Sockets Limited
4.3% - Industry AVG
Employees
with 17 employees, this is above the industry average (11)
- Silver Sockets Limited
11 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
- Silver Sockets Limited
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £97.3k, this is equally as efficient (£99.1k)
- Silver Sockets Limited
£99.1k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (39 days)
- Silver Sockets Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (32 days)
- Silver Sockets Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 45 days, this is less than average (60 days)
- Silver Sockets Limited
60 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (29 weeks)
0 weeks - Silver Sockets Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.6%, this is a higher level of debt than the average (63.7%)
109.6% - Silver Sockets Limited
63.7% - Industry AVG
SILVER SOCKETS LIMITED financials
Silver Sockets Limited's latest turnover from March 2024 is estimated at £1.7 million and the company has net assets of -£68.8 thousand. According to their latest financial statements, we estimate that Silver Sockets Limited has 17 employees and maintains cash reserves of £833 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | |
|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | |
|---|---|
| Tangible Assets | 219,287 |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 219,287 |
| Stock & work in progress | 149,191 |
| Trade Debtors | 323,388 |
| Group Debtors | 2,901 |
| Misc Debtors | 19,496 |
| Cash | 833 |
| misc current assets | |
| total current assets | 495,809 |
| total assets | 715,096 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 60,189 |
| Group/Directors Accounts | 602,042 |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | 66,679 |
| total current liabilities | 728,910 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | 55,000 |
| total long term liabilities | 55,000 |
| total liabilities | 783,910 |
| net assets | -68,814 |
| total shareholders funds | -68,814 |
| Mar 2024 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 31,315 |
| Amortisation | |
| Tax | |
| Stock | 149,191 |
| Debtors | 345,785 |
| Creditors | 60,189 |
| Accruals and Deferred Income | 66,679 |
| Deferred Taxes & Provisions | 55,000 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | |
| Group/Directors Accounts | 602,042 |
| Other Short Term Loans | |
| Long term loans | |
| Hire Purchase and Lease Commitments | |
| other long term liabilities | |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 833 |
| overdraft | |
| change in cash | 833 |
silver sockets limited Credit Report and Business Information
Silver Sockets Limited Competitor Analysis
Perform a competitor analysis for silver sockets limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in PE10 area or any other competitors across 12 key performance metrics.
silver sockets limited Ownership
SILVER SOCKETS LIMITED group structure
Silver Sockets Limited has no subsidiary companies.
silver sockets limited directors
Silver Sockets Limited currently has 2 directors. The longest serving directors include Mr James Kearsey (Aug 2023) and Mr Harold Wordsworth (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Kearsey | United Kingdom | 58 years | Aug 2023 | - | Director |
| Mr Harold Wordsworth | United Kingdom | 84 years | Sep 2023 | - | Director |
P&L
March 2024turnover
1.7m
0%
operating profit
-68.8k
0%
gross margin
27.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-68.8k
0%
total assets
715.1k
0%
cash
833
0%
net assets
Total assets minus all liabilities
Similar Companies
silver sockets limited company details
company number
15099790
Type
Private limited with Share Capital
industry
33170 - Repair and maintenance of other transport equipment
incorporation date
August 2023
age
2
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
HSKSG AUDIT LIMITED
address
bcs house, pinfold rd, bourne, lincolnshire, PE10 9HT
Bank
-
Legal Advisor
-
silver sockets 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 silver sockets limited.
silver sockets 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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silver sockets limited Companies House Filings - See Documents
| date | description | view/download |
|---|
