Solid Associates Ltd

Solid Associates Ltd is a small, active company based in Woking, UK, founded six years ago in 2018. With just one employee and £748 in assets, it's a solo founder operation led by a single director and owner, Cardoso Banasiak Vivianne. The company operates from a real address and is registered with one other company, suggesting a relatively low-profile presence.

The company’s website highlights its expertise in managing retail offers, particularly intermediary offers. Solid Solutions created the template and approach now recognised as industry standard. They project manage retail share offers and corporate transactions, boasting experience with over 150 of the largest corporate transactions in the UK and around the world, including privatisations, demutualisations, and share offers. They even worked on the retail tranche of Merlin Entertainments, Direct Line, Royal Mail, and Saga. They offer a low-cost solution for companies wanting to raise equity capital from private investors.

Financially, Solid Associates Ltd shows some concerning trends. Cash bank on hand has dropped significantly, falling 77% to just £690. Creditors have also decreased sharply, but the most notable change is the substantial reduction in loans from directors, declining 150% to -£1200. Current assets have fallen 86% to £750, while net assets remain steady at £100. 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 decrease in loans and assets suggest a potential cash flow issue. No auditor is mentioned, as is common for small companies. The accounts are unaudited and prepared under FRS 102 Section 1A.

Registered in England/Wales under the registration number 11481653, with a registered address at GU21 4TG, England, Woking, 7 Elm Close.

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