Sola-sales Limited

Sola Sales Ltd from Slough UK is a small, active company founded eleven years ago in 2014. Employing eleven people, it holds £1,271,277 in assets and operates from a real address, managed by two directors and two owners. The business runs an e-commerce site and has a Google rating of 4.0 based on four reviews, regularly importing plastics and plastic products for the last 58 months.

The website, SolaDirect, showcases a wide range of products, from tarpaulins and garden hoses to ropes, webbing, and even firewood. It’s clear the company caters to both home and industrial customers, offering everything needed for gardening, construction, and general maintenance. The site emphasizes competitive pricing and a variety of product options, with sections dedicated to different materials and applications. It’s a classic online marketplace, aiming to be a one-stop shop for practical goods.

Financially, Sola Sales Ltd presents a mixed picture. While current assets increased by 3.1% to £1,300,000, net assets also grew by 18% to £810,000, suggesting overall health. However, bank borrowings increased by a significant 2400%, reaching £29,000, and cash reserves declined by 15% to £570,000. Trade debtors also increased by 32%, which could indicate a shift in payment terms or potentially delayed customer payments. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited, a common exemption for small companies.

Overall, Sola Sales Ltd seems to be growing, but the increased borrowing and rising debtors warrant closer attention. The company’s e-commerce focus and broad product range position it well in the online marketplace, but managing cash flow will be key to its long-term success.

Registered in England/Wales under the registration number 08977644, with a registered address at SL1 3FQ, England, Slough, Berks, Unit 5 Slough Business Park, 94 Farnham Road.

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