Sol Distribution Limited
- Small
- Active
- 12 years
- 9 employees
- £3,364,897 (assets)
- Real address
- 1 director
- 2 owners
- Regular importer
- Regular exporter
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
Social media
Summary
Sol Distribution Ltd, based in Oswestry, UK, is a small, active company founded twelve years ago. With nine employees and £3,251,667 in assets, it operates as a channel-focused distributor of network infrastructure and security solutions. The company has a real address and is managed by one director and two owners. It regularly imports and exports electrical machinery and equipment – 185 months of import activity and 24 months of export activity, with the most recent activity in February 2025 for imports and December 2024 for exports.
The company’s website highlights its partnerships with vendors like Coherent, Lantronix, and HPE Aruba Networking, offering a wide range of products from access points to UPS systems. It serves resellers and system integrators across the UK and Europe, emphasizing customer service and a complimentary solution set. The website also features a news section and career opportunities.
Financially, Sol Distribution Ltd shows a mixed picture. Cash bank on hand dropped significantly by 75%, plummeting to £46,000, while bank borrowings increased, with current instruments rising by 2.6%. Creditors also increased by 27%, reaching £2,800,000, which could be a sign of increased investment or purchasing. However, retained earnings accumulated losses improved by 330%, rising to £41,000. Trade debtors increased by a substantial 70%, reaching £1,900,000, which could indicate a shift in payment terms or increased sales volume. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in cash reserves warrants attention. There is no auditor mentioned, likely due to the company’s exemption as a small business. The unaudited financial statements rely on director-reported data.
Registered in England/Wales under the registration number 08214757, with a registered address at SY10 8GA, United Kingdom, Oswestry, Unit Mo21b Mile Oak Industrial Estate, Maesbury Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 2
- 50%+
-
Resident of United States
Managers
-
Individual
- 9 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-12-31Download 10 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 10 pages pdf report
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Confirmation statement made on 2024-07-24 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Sol Distribution Limited
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