Solhebon Ltd.

Solhebon Ltd from Birmingham UK: a small company with an active status, was founded 12 years ago and currently holds £674,054 in assets. Based at a real address, it's managed by one director and owner, boasting a solid Google rating of 4.0 from 116 reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 7 months of import activity recorded.

The business operates as a used car dealer in Walsall, West Midlands, offering a range of quality used cars for sale through its website and showroom. It provides finance options, including zero deposit finance and extended warranties, and caters to customers seeking both budget-friendly and premium vehicles. The website offers a valuation tool and encourages customers to upload vehicle images for accurate assessments.

Financially, Solhebon Ltd presents a mixed picture. Current assets increased by 24% to £670,000, while net assets decreased by 10% to £36,000. Bank borrowings decreased by 32% to £21,000, and cash reserves grew by 62% to £24,000. Creditors decreased by 32% to £21,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity decrease is a concern. The accounts are unaudited, likely due to the company’s small size. It’s unclear if the company is burning through money or if the decrease in equity is due to investment.

Registered in England/Wales under the registration number 08477771, with a registered address at B13 8RR, England, Birmingham, 201 Russell Road Moseley.

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