SILVERTIME AMUSEMENTS LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-10-31
Confirmation statement due
2026-07-18 (in 2mo)
Last made up 2025-07-04
Watchouts
None on the register
Cash
£7M
-19.6% vs 2023
Net assets
£22M
+20% vs 2023
Employees
93
+9.4% vs 2023
Profit before tax
£6M
-0.5% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-10-31
| Metric | Trend | 2023-10-31 | 2024-10-31 |
|---|---|---|---|
| Turnover | £21,649,303 | £23,295,589 | |
| Operating profit | £5,874,044 | £5,849,748 | |
| Profit before tax | £5,743,595 | £5,715,637 | |
| Net profit | £4,325,556 | £4,124,497 | |
| Cash | £9,264,509 | £7,451,615 | |
| Total assets less current liabilities | £22,054,502 | £24,962,668 | |
| Net assets | £18,383,150 | £22,061,647 | |
| Equity | £18,383,150 | £22,061,647 | |
| Average employees | 85 | 93 | |
| Wages | £3,117,935 | £3,604,761 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-10-31 | 2024-10-31 |
|---|---|---|---|
| Operating margin | 27.1% | 25.1% | |
| Net margin | 20.0% | 17.7% | |
| Return on capital employed | 26.6% | 23.4% | |
| Gearing (liabilities / total assets) | 28.0% | 22.9% | |
| Current ratio | 3.01x | 4.03x | |
| Interest cover | 29.09x | 27.06x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Hill Wooldridge & Co. Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the 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.”
Group structure
- SILVERTIME AMUSEMENTS LIMITED · parent
- Edward J Reed Properties Limited 100%
Significant events
- “Silvertime Amusements Limited specialises in offering adult gaming centres (AGC) with in certain cases Bingo in a bricks and mortar proposition in locations based around the North West London region.”
- “Turnover for the year has increased by 7.6% to £23.3m and the company's financial position continues to strengthen with net assets rising by 20% to £22.1m.”
- “Cost of living increase may affect future turnover plus a higher degree of competition on the High Street.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| REED, Edward James | Secretary | 1995-07-04 | — | British |
| REED, Edward James | Director | 2012-03-31 | Jul 1977 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HALLMARK SECRETARIES LIMITED | Corporate Nominee Secretary | 1995-07-04 | 1995-07-04 |
| REED, Ian James | Director | 1995-07-04 | 2025-06-20 |
| HALLMARK REGISTRARS LIMITED | Corporate Nominee Director | 1995-07-04 | 1995-07-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Edward James Reed | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 81 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-28 | AA | accounts | Accounts with accounts type group | |
| 2025-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-08 | AA | accounts | Accounts with accounts type group | |
| 2024-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-05 | CH03 | officers | Change person secretary company with change date | |
| 2023-11-20 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-11-20 | CH01 | officers | Change person director company with change date | |
| 2023-11-20 | CH01 | officers | Change person director company with change date | |
| 2023-11-20 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-07-17 | AA | accounts | Accounts with accounts type group | |
| 2023-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-27 | AA | accounts | Accounts with accounts type full | |
| 2022-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-24 | AA | accounts | Accounts with accounts type full | |
| 2021-07-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-30 | AA | accounts | Accounts with accounts type full | |
| 2020-07-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-08-20 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-10-31 vs 2023-10-31
-
Turnover
+7.6%
£21,649,303 £23,295,589
-
Cash
-19.6%
£9,264,509 £7,451,615
-
Net assets
+20%
£18,383,150 £22,061,647
-
Employees
+9.4%
85 93
-
Operating profit
-0.4%
£5,874,044 £5,849,748
-
Profit before tax
-0.5%
£5,743,595 £5,715,637
-
Wages
+15.6%
£3,117,935 £3,604,761
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers