Solidcor Limited

Solidcor Ltd, based in Chesterfield, UK, is a small holding company with an active status. Founded five years ago in December 2019, the company employs twelve people and holds £1,329,706 in assets. It has a real registered address and is managed by two directors and one owner. Google users rate it 5.0 stars based on two reviews, and it regularly imports miscellaneous metal items, with the latest import activity recorded three months ago.

The company operates in the non-specialised wholesale trade industries. It's considered a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. Solidcor is controlled by corporate entities, specifically Poyntington Holdings Ltd, which changed ownership seven months ago. Hughes Curtis Blake and Hughes Rohan Almanzo are the directors.

Looking at the financial data, Solidcor has experienced some notable shifts. Cash bank on hand has dramatically increased by 350%, reaching £270,000, while current assets have grown by 52% to £1,300,000. However, there's been a significant increase in trade debtors, up 86% to £670,000, which could indicate challenges in collecting payments. Accumulated depreciation on plant machinery has also increased substantially, by 140%, and there’s been a considerable rise in amounts owed by associates, jumping to £150,000. On a more positive note, creditors have decreased slightly, suggesting improved debt management. The company’s average number of employees has increased by 75%, rising to twenty-one, which could be a result of increased business activity.

It's worth noting that the company’s equity has increased by 180%, reaching £780,000, which is a positive sign. The company’s financial statements are unaudited, which is typical for small companies. The increase in bank borrowings by 2,400% to £10,000, and the rise in other taxation and social security payable by 190% to £270,000, are things to keep an eye on.

Registered in England/Wales under the registration number 12372971, with a registered address at S41 9RX, England, Chesterfield, Unit 5 Sheepbridge Lane.

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