Silverbug Limited
04541846
Notable Risks
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
audit exemption subsidiary
Next accounts due
30/09/2026
Confirmation statement
Last: 22/01/2026
Due 05/02/2027
Industry
Officers
director · Since 06/12/2022
DIRECTOR
BRITISH · ENGLAND · Age 42
Also on 23 other boards
director · Since 02/12/2024
DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 26 other boards
director · Since 01/04/2025
DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 29 other boards
Persons with Significant Control
Air It Group Limited
Unit 7 Interchange 25 Business Park, Bostocks Lane, Nottingham, NG10 5QG
Reg: 05543898 · England And Wales · Private Limited Company
Notified 06/12/2022
Aep V Investment General Partner Llp
The Floral, 27b Floral Street, London, WC2E 9DP
Reg: Oc447594 · England And Wales Companies Register · Limited Liability Partnership
Notified 20/08/2025
Former PSCs
Mr Owen John Daley
Ceased 06/12/2022
Charges3 outstanding
HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED AS SECURITY AGENT FOR THE FINANCE PARTIES
HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED
HSBC UK BANK PLC
TC SECURITY TRUSTEE LIMITED
SVENSKA HANDELSBANKEN AB (PUBL)
FUNDING CIRCLE RECOVERIES LIMITED AS SECURITY AGENT FOR THE VARIOUS LENDERS
TEKXEL LIMITED
NATIONAL WESTMINSTER BANK PLC
HSBC BANK PLC
CompanyRankvs 152070+ SIC 62090 peers55
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concer
Key FinancialsYear ending 31/12/2021
Turnover
£10.0M
Annual revenue
Net Worth
£583k
Balance sheet strength
Cash
£470k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£2.6M
Current Liabilities
£4.9M
Fixed Assets
£3.0M
Debtors
£2.1M
Cost of Sales
£5.0M
Admin Expenses
£5.0M
Profit After Tax
£129k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 0.53 |
Derived from filed accounts. Not audited figures.