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Company No. 01951973 · Incorporated 2 Oct 1985

Silex Limited

Registered name: SILEX LIMITED

Part of Euston Holdco VI Limited group

Silex Limited made £7.9m revenue and £793k profit in the year to 31 Oct 2025.

Silex Limited’s revenue fell 1% to £7.9m in the year to 31 Oct 2025, with £793k profit and 66 employees. The company is classified under “manufacture of other rubber products” and is based in Bordon; we hold 5 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22190Manufacture of other rubber products
Status
Active
Location
Bordon, South East
Age
41 yrs · since 1985
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Oct 2025

Key figures

Capital-light
Revenue
£7.9m
Growth ▼1.5%
Profit
£793k
Growth ▼19.9%
Profit margin
10.1%
Gross 49.7%
Employees
66
Change ▼2.9%
Profit / employee
£12k
Revenue/employee £119k
Profitable streak
5yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 202131 Oct 202231 Oct 202331 Oct 202431 Oct 2025
DisclosureProfit onlyProfit onlyFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)——£8.2m£8m£7.9m
Cost of sales——£3.9m£4.1m£4m
Gross profit——£4.2m£3.9m£3.9m
Operating profit——£658k£460k£588k
Profit before tax——£653k£1m£824k
Profit after tax£629k£1m£506k£990k£793k
Profit (best available)£629k£1m£506k£990k£793k
Staff costs——£2.6m£2.3m£2.3m
Employees (average)7176756866
Ratios
Profit margin——6.2%12.4%10.1%
Gross margin——51.9%48.8%49.7%
Revenue per employee——£109k£117k£119k
Profit per employee£8.9k£13.8k£6.7k£14.6k£12k
Cash conversion——−68.4%−185%—
Growth (year on year)
Revenue growth———▼2.1%▼1.5%
Profit growth—▲66.3%▼51.6%▲95.5%▼19.9%
Headcount growth—▲7%▼1.3%▼9.3%▼2.9%
Balance sheet — indirect signals, not revenue
Cash at bank£1.4m£1.8m£1.6m£736k£555k
Net assets£3.2m£4.1m£4.4m£4.8m£4.1m
Fixed assets£722k£601k£750k£752k£634k
Current assets£4.1m£5.2m£5m£5.4m£5m
Debtors£983k£1.2m£1.1m£1.1m£1m
Deferred income£15.2k£25.2k£39.3k£19.8k£55k
Cash from operations——−£450k−£851k—
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Aug 2024FullAccounts · bulk data Jun 2025FullAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
10.1%
Profit ÷ revenue.
Gross margin
49.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£119k
Revenue ÷ average employees.
Profit per employee
£12k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
8.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12.9%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▼14%
Now £4.1m
Cash at bank
▼25%
Now £555k
Headcount
▼3%
Now 66
Deferred income
▲177%
Now £55k
Fixed assets
▼16%
Now £634k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Euston Holdco VI Limitedultimate parent50–75%
  2. Bordon Industries Limited75–100%
  3. Silex Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £793k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.