Solar Scooters Ltd
- Small
- Active
- 5 years
- 5 employees
- £593,029 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
- E-commerce
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
Solar Scooters Ltd, based in Yiewsley, UK, is a small, active company founded five years ago. With five employees and £593,029 in assets, it’s a solo-founder operation led by a single director and owner. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 11 months of import activity and 14 months of export activity recorded. It operates in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles industries.
The company’s website showcases a range of electric scooters, from the entry-level Solar FF Lite to the high-performance Solar Hyperion. It’s clear the focus is on direct-to-consumer sales through its online store, offering various models and accessories. The site features customer reviews, highlighting the scooters' quality and performance. It’s a well-designed e-commerce platform, emphasizing modern aesthetics and user-friendly navigation.
Financially, Solar Scooters Ltd’s recent performance shows some concerning trends. While current assets increased slightly to £590,000, net assets decreased significantly by 16% to £180,000. Cash bank on hand also fell by 5.5% to £240,000. Creditors have risen by 25% to £420,000, which could indicate increased reliance on short-term financing. The number of employees has increased by 40% to seven, which may be a sign of growth, but also potentially increased operating costs. 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 decrease in equity warrants attention. No auditor is mentioned, as the company is exempt as a small company.
It’s clear Solar Scooters Ltd is navigating a period of change, with growth in both imports and exports, but also increased debt. The success of its e-commerce strategy and ability to manage its finances will be key to its long-term sustainability.
Registered in England/Wales under the registration number 12531463, with a registered address at UB7 8JL, England, Yiewsley, West Drayton, Orbital Industrial Estate Unit 9 Orbital Industrial Estate, Horton 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
- Anwar Muhammad Hassan
- 5 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Anwar Muhammad Hassan
- 5 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Unaudited abridged accounts made up to 2024-03-31Download 7 pages pdf report
-
Confirmation statement made on 2024-10-14 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-03-31Download 8 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 Solar Scooters Ltd
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