# SILVERWAY ELECTRICAL LIMITED (06715209)

> SILVERWAY ELECTRICAL LIMITED is an active private limited company (company number 06715209) incorporated on 3 October 2008, registered in Basildon. Its registered activity is electrical installation (SIC 43210). Latest abridged accounts cover the period ending 31 March 2025, showing net assets of £89k and cash of £247k, with 2 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 79% on the prior period (£50k).

- Status: Active
- Incorporated: 2008-10-03
- Registered office: Basildon, SS14 3JJ
- SIC 43210: Electrical installation
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-10-17
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 1,661 comparable companies in Essex (median £7,550, upper quartile £42k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £89k | £247k | £47k | £230k | — | — | 2 |
| 2024-03-31 | £50k | £143k | £11k | £108k | — | — | 2 |

current ratio 1.27; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £88,953 at 31 March 2025
- Net assets up 10% or more on the prior period: +78.9% vs prior period
- Cash at bank of £50,000 or more: Cash £246,714
- Incorporated five or more years ago: Incorporated 3 October 2008

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Brian Ive — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2016-10-03
- Mrs Sally Ive — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2017-10-03

---
Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/06715209
HTML: https://firmoscan.com/company/06715209-silverway-electrical-limited