In reply to disoriented:
In that case you won't be able to get it replaced in the UK.
Usually, when you get a bubble, it means either
i, there is a very small crack in the housing and air has managed to get in.
ii, the compass was made incorectly, but a bubble would have appeared very soon after manufacture
iii, you took it to altitude and the compass can't get rid of the bubble.
What ever the reason, you won't be able to get rid of the bubble or get a new one from Silva.
However, if the bubble is only small and when you use the compass, you keep the bubble away from the needle, you won't have any problem with it.
M