Solco Pyroelec Uk Ltd

Solco Pyroelec Uk Ltd, based in Bolton, UK, is a small, active family business founded ten years ago in 2014. With eight employees and £416,070 in assets, it operates from a real address and is managed by one director and two owners. The company regularly imports electrical machinery and equipment (34 months of activity, last in February 2025) and exports a smaller amount (4 months, last in November 2024). It’s a tight-knit operation, and the company is registered as a private limited company.

Solco Pyroelec specializes in providing total solutions for industrial and commercial heat tracing systems, catering to both hazardous and non-hazardous environments. Its website showcases a wide range of heating cables, components, and accessories, alongside bespoke manufacturing services. The company emphasizes quality, value, and service, and even has a showroom in Harrods, London. The company’s website is a modern e-commerce site with a 5.0 Google rating.

Financially, Solco Pyroelec presents a mixed picture. Cash reserves increased significantly, jumping 120% to £160,000, a positive sign. However, net losses deepened, and equity plummeted 89% to just £2,800. Bank borrowings remained steady at £10,000, and trade debtors increased by 71% to £170,000. Creditors, however, decreased by 41%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. No auditor is mentioned, which is common for small, exempt companies.

The increase in cash reserves is encouraging, but the significant equity drop and rising debtors suggest the company is facing some financial pressure. Whether this is typical for a growing business or a longer-term challenge remains to be seen—but Solco Pyroelec is clearly betting on its expertise in heat tracing systems and its commitment to customer service to navigate these headwinds.

Registered in England/Wales under the registration number 09122179, with a registered address at BL3 6HL, England, Bolton, Greater Manchester, Unit 11 Kenyon Business Park,, Pilkington Street.

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