Solar Buddies Limited

Solar Buddies Limited, based in Newport, UK, is a small, active company founded 10 years ago in 2014. Employing five people, it operates from a virtual address shared by 108 other companies, a little unusual, and is led by two directors and owners, Aspland Kelli and Waters Laura. The company runs an e-commerce site with a stellar 5.0 Google rating from 40 reviews, selling innovative child-friendly sunscreen applicators. It’s a regular exporter of plastics and plastic products, with four months of export activity recorded, but an irregular importer of leather goods, travel bags, and animal harnesses, with just one month of import activity.

The company’s website, Solar Buddies UK, showcases its award-winning applicators, bundles, and travel accessories, emphasizing recycled materials and antibacterial coatings. It’s clearly focused on families and promoting sun safety, with a blog and gallery highlighting product usage. The company’s mission is to enable children to easily apply sunscreen, a clever niche in the wider sun protection market.

Financially, Solar Buddies Limited shows a mixed picture. Net assets have surged an impressive 280%, reaching £1.2 million, while fixed assets have decreased by 16% to £48,000. Employee numbers have risen dramatically, increasing by 200% to fifteen, which is a big jump. Prepayments and accrued income have also increased to £5,600. 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 significant increase in employees suggests a period of growth and investment. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Solar Buddies Limited appears to be experiencing a period of expansion, although the increase in employees and associated costs will need to be managed effectively. The strong online presence and positive customer reviews suggest a solid foundation for continued success, but it’s important to monitor the financial trends closely.

Registered in England/Wales under the registration number 09191736, with a registered address at NP20 4PB, Wales, Newport, Agincourt House, 14 Clytha Park Road.

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