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THE SILVER X GROUP LIMITED Financials

Company number
08734528Copy
Copy
Registered office
429 Moss Lane, Hesketh Bank, Preston PR4 6XJ
Incorporated
16/10/2013

Company snapshot

Status
Active
Employees
92 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£683.51K2024
39.20%vs 2023

2023: £491.04K

Total Assets

£6.14M2024
31.15%vs 2023

2023: £4.68M

Cash in Bank

£659.83K2024
34.48%vs 2023

2023: £490.66K

Total Liabilities

£3.70M2024
27.15%vs 2023

2023: £2.91M

Employees

922024
+7vs 2023

2023: 85

In 2024, THE SILVER X GROUP LIMITED reported net assets of £683.51K. The same filing shows total assets of £6.14M, cash in bank of £659.83K and total liabilities of £3.70M. Reported headcount was 92 in 2024. Total Assets rose from £4.68M in 2023 to £6.14M in 2024 (31.15%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£683.51K2024
39.20%from £491.04K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures THE SILVER X GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£740.09K2022£683.51K2024
-7.6%vs 2022

-3.9% a year compound (CAGR)

Cash in Bank

£900.26K2022£659.83K2024
-26.7%vs 2022

-14.4% a year compound (CAGR)

Total Assets

£3.37M2022£6.14M2024
+82.2%vs 2022

+35% a year compound (CAGR)

Total Liabilities

£2.63M2022£3.70M2024
+40.6%vs 2022

+18.6% a year compound (CAGR)

Employees

792022922024
+16.5%vs 2022+13

Biggest increase

Total Assets+82.2%

£3.37M in 2022 to £6.14M in 2024

Biggest decrease

Cash in Bank-26.7%

£900.26K in 2022 to £659.83K in 2024

THE SILVER X GROUP LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from THE SILVER X GROUP LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
11.13%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
60.27%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
17.83%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
10.74%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for THE SILVER X GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£448.40K740.09K491.04K683.51K
Total Assets£2.19M3.37M4.68M6.14M
Cash in Bank£633.32K900.26K490.66K659.83K
Total Liabilities£1.74M2.63M2.91M3.70M
Employees45798592

THE SILVER X GROUP LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for THE SILVER X GROUP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

THE SILVER X GROUP LIMITED reported net assets of £683.51K for 2024. That compares with £491.04K in 2023, a change of 39.20%.

THE SILVER X GROUP LIMITED reported total assets of £6.14M for 2024. That compares with £4.68M in 2023, a change of 31.15%.

THE SILVER X GROUP LIMITED reported cash in bank of £659.83K for 2024. That compares with £490.66K in 2023, a change of 34.48%.

THE SILVER X GROUP LIMITED reported 92 employees in 2024, compared with 85 in 2023.

Between 2022 and 2024, THE SILVER X GROUP LIMITED's net assets fell by 7.6%, cash in bank fell by 26.7%, total assets rose by 82.2% and total liabilities rose by 40.6%. Net assets contracted at 3.9% a year across the two years to 2024, from £740.09K to £683.51K. Reported headcount went from 79 in 2022 to 92 in 2024 (+13).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.