Solerco Products Limited

Solerco Products Ltd, based in Stockport, UK, is a small, active company with a long history, having been founded 49 years ago. With just four employees and £437,042 in assets, it’s a solo-founded operation managed by one director and two owners. The company is an irregular importer, primarily dealing in basic metal tools and utensils, with its last import activity recorded one month ago in June 2023.

The company’s website reveals a fascinating business model centered around the wholesale of ice cream ingredients and accessories. It operates as the sole UK importer of Meucci flavors and ingredients, a family business with over 100 years of experience. Beyond ingredients, Solerco offers a wide range of equipment, from display cases to scoops, catering to ice cream parlors and dessert shops. The website emphasizes quality, service, and a long-standing reputation within the industry, and even mentions a showroom in Harrods.

Financially, Solerco Products Ltd shows a mixed picture. Cash bank on hand increased by 3.7% to £280,000, and current assets grew by 2.2% to £440,000. However, trade debtors decreased by 11%, and net assets grew by only 4.5% to £520,000. Creditors decreased significantly by 69%, suggesting improved debt management. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the slight decrease in property plant and equipment might indicate a focus on operational efficiency. No auditor is mentioned, which is typical for small companies.

Overall, Solerco Products Ltd appears to be a stable, albeit small, business with a unique niche in the ice cream industry. Its long history and focus on quality suggest a resilient business model, but the slight decrease in some areas warrants continued monitoring.

Registered in England/Wales under the registration number 01253038, with a registered address at SK7 5BW, Stockport, Cheshire, Unit 6 Bramhall Moor Technology Park, Pepper Road, Hazel Grove.

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