Only Solar Ltd

Only Solar Ltd from Leicester UK: small company, active status, founded 2 years ago, £764 assets, real address, 2 directors, 2 owners. Regular importer of electrical machinery and equipment (5 months imported). It’s a small, family-run business with an active trading status. Founded two years ago, the company employs no people and holds a mere £764 in assets. With a real registered address and two directors at the helm, it’s a tight-knit operation. The firm regularly imports electrical machinery and equipment, with five months of import activity recorded, the latest in July 2023.

While the company's core business involves other construction installation, its website reveals little beyond a basic listing. There's no e-commerce presence, no blog, and no detailed product or service descriptions. It’s unclear what specific construction or installation services Only Solar Ltd provides, but it's likely focused on a niche area.

Financially, Only Solar Ltd shows a dramatic shift. Current assets plummeted 99% to just £760, while net assets also dropped 7% to £2,500. Cash reserves fell 98% to a paltry £760, and trade debtors vanished completely. Creditors decreased by 100%, which is good, but the overall picture is concerning. 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 stay agile, but the sharp asset and cash drops raise serious questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Only Solar Ltd is facing significant financial pressures. The lack of a visible online presence suggests a reliance on direct sales or a limited client base. Whether it can weather these challenges remains to be seen, but for now, Only Solar Ltd is betting on its niche market and direct sales to turn the tide.

Registered in England/Wales under the registration number 14337327, with a registered address at NN8 2EU, England, Wellingborough, 51 51 St. Andrews Crescent.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.