Silex Limited
Registered name: SILEX LIMITED
Part of Euston Holdco VI Limited groupSilex 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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2021 | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L | Full P&L | Full 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) | 71 | 76 | 75 | 68 | 66 |
| 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 | — |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Aug 2026 |
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.
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.
Group structure
Ownership chain
- Euston Holdco VI Limitedultimate parent50–75%
- Bordon Industries Limited75–100%
- Silex Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- United Silicones LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Fluiconnecto UK LtdManchester · Manufacture of other rubber products
- Revenue
- £7.7m
- Profit
- £199k
- Staff
- 33
- Rubber & Plastic Products (Ni) LimitedDungannon · Manufacture of other rubber products
- Revenue
- £7.3m
- Profit
- £433k
- Staff
- 35
- TRP Polymer Solutions LimitedHereford · Manufacture of other rubber products
- Revenue
- £10.4m
- Profit
- £671k
- Staff
- 126
- Alfa Gomma (UK) LimitedST. Helens · Manufacture of other rubber products
- Revenue
- £11.7m
- Profit
- £1.4m
- Staff
- 28
- Total Vibration Solutions LimitedRossendale · Manufacture of other rubber products
- Revenue
- £11.9m
- Profit
- £1.7m
- Staff
- 21
- Edgetech (UK) LimitedCoventry · Manufacture of other rubber products
- Revenue
- £13.3m
- Profit
- £480k
- Staff
- 47
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.