Solarfold Aluminium Systems Ltd

Solarfold Aluminium Systems Ltd is a small, family-run business with an active status, having been founded 18 years ago. Based in Gateshead, UK, the company employs 16 people and holds assets worth £606,304. With two directors and two owners, it operates from a real address and maintains a respectable Google rating of 4.0 based on five reviews. The business regularly imports miscellaneous metal items, with the last import operation occurring in August 2024.

The company specializes in the manufacture of other fabricated metal products, particularly bifold doors and sliding doors, as showcased on its website, Solarfold Doors of Distinction. The website highlights bespoke designs, high-quality components, and a commitment to customer service. It appears to be primarily a B2B operation, supplying doors to builders and installers rather than directly to consumers, with a focus on nationwide presence.

Financially, Solarfold Aluminium Systems Ltd demonstrates a mixed picture. Cash bank on hand decreased by 24%, dropping to £400,000, while current assets also fell by 21%, settling at £610,000. Debtors decreased slightly, but creditors saw a more significant drop, suggesting improved debt management. Equity also declined, falling to £300,000. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the decline in equity raises questions about its long-term financial health. The lack of an auditor mentioned likely reflects its status as a small, exempt company. The company’s financial statements are unaudited.

Registered in England/Wales under the registration number 06247787, with a registered address at NE8 3AE, Unit 4, South Shore Road, Gateshead.

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