Solis Tractors Uk Limited

Solis Tractors Uk Limited, based in Newark, UK, is a small, active company founded ten years ago in 2015. With a single director and owner – a solo founder – the company employs just one person and holds £167,459 in assets. It operates a real address and an e-commerce site, earning a respectable 4.0 Google rating from nine reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 6 months of import activity recorded, the last in August 2023. It also engages in irregular exporting, with 2 months of activity as of January 2023.

The company’s website highlights Solis Tractors as a supplier of new tractors and compact tractors ideal for equine, farming, and maintenance tasks. It features a range of models, including the Solis 20, 26, 50, and 75, and emphasizes its partnership with International Tractors Limited (ITL), a global manufacturer. The site promotes competitive pricing, finance options, and a growing dealer network across the UK, with a focus on European-made quality and reliability.

Financially, Solis Tractors Uk Limited presents a mixed picture. Cash bank on hand has decreased significantly by 57%, dropping to £97,000, and current assets have fallen by 83%, to £170,000. Debtor levels have also decreased by 89%, to £70,000. However, creditors have seen a dramatic reduction of 93%, falling to just £49,000. The company’s small size – meeting two of three conditions for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees) – allows for agility. The lack of an auditor is likely due to its small size, and the accounts are unaudited.

The decrease in cash and assets, while concerning, could be attributed to increased investment in inventory or expansion efforts. The significant reduction in creditors suggests improved debt management. It's worth noting that the company’s director signing the financial statements is J Buchan. While the company is holding steady, the financial trends warrant close monitoring to ensure long-term sustainability.

Registered in England/Wales under the registration number 09542102, with a registered address at NG23 6UJ, England, Newark, Sweet William Cottage Old Bell Lane, Carlton-On-Trent.

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