Buzz Solomoto Limited
- Active
- Small
- 19 years
- 2 employees
- £246,012 (cur assets)
- 0-1m
- Regular importer
- Irregular exporter
- Real address
- 3 directors
- 2 owners
- Family business
- Bingley
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Buzz Solomoto Ltd, based in Bingley, UK, is a small, family-run business with an active status. Founded 18 years ago in 2006, it employs just two people and holds £306,773 in assets. With a real address and three directors overseeing operations, the company is a tight-knit affair. It regularly imports vehicles, parts, and accessories (excluding trains and trams), with 48 months of import activity recorded, the latest in February 2025. Export activity is more sporadic, with just one month of exports recorded in November 2021.
The company operates in the sale, maintenance, and repair of motorcycles and related parts and accessories industries. Its website is non-existent, which is a little strange for a business in the modern age.
Financially, Buzz Solomoto Ltd presents a mixed picture. Current assets have decreased by 16%, falling to £310,000, while net assets have also dropped significantly by 19%, settling at £250,000. Bank borrowings have seen a dramatic reduction, falling by 93%, which is a positive sign. However, trade debtors have increased by a whopping 110%, suggesting potential issues with customer payments. Creditors have also decreased by 63%, which is a good sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the decline in equity warrants closer attention. The accounts are unaudited, which is standard for small companies.
Overall, Buzz Solomoto Ltd appears to be navigating a period of change. While it’s managed to reduce its borrowing, the increase in outstanding debts could present a challenge. The family-run nature of the business likely contributes to its agility, but sustained growth will depend on effectively managing its finances and adapting to the evolving market.
Registered in England/Wales under the registration number 05835059, with a registered address at BD16 1PY, Bingley, West Yorkshire, Fairfax House 6a Mill Field Road, Cottingley Business Park Cottingley.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 8 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 19 years
-
Resident of United Kingdom
-
Individual
- 19 years
-
Resident of United Kingdom
-
Individual
- 19 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Total exemption full accounts made up to 2024-08-31Download 9 pages pdf report
-
Confirmation statement made on 2025-05-29 with no updatesDownload 3 pages pdf report
-
Previous accounting period shortened from 2024-08-28 to 2024-08-27Download 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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FAQ about Buzz Solomoto Limited
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