Solivia Ltd

Solivia Ltd is a small, active company based in Leeds, UK, founded five years ago in 2019. It operates as an e-commerce site, selling glassware and home decor, and currently holds £36,160 in assets. The company is run by a solo founder, Lim Shin Hui, who also serves as director and owner, and has a real registered address.

The company’s website, Solivia Glassware, showcases a wide range of products, from artisan vases and candle holders to cake stands and display domes. It emphasizes thoughtful design and offers free UK delivery on orders over £95. The site also features a spring glassware edit and categories like "Versatile Designs" and "Functional Pieces," catering to customers seeking to enrich their spaces. The website uses cookies to help with user experience, and has a detailed explanation of their use.

Financially, Solivia Ltd shows some concerning trends. Current assets decreased by 13% to £36,000, and net assets plummeted to just £140—a significant drop from -£5,500 previously. Bank borrowings decreased by 12% to £41,000, and cash reserves fell by 79% to just £240. Trade debtors also decreased by 11% to £36,000. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the sharp equity decline suggests potential financial pressures. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

It's clear that Solivia Ltd is facing some financial headwinds, but its focus on a niche market and attractive product range could help it weather the storm. It’s worth noting that the company’s description of principal activities is "No description of principal activity," which is a bit unusual.

Registered in England/Wales under the registration number 12097989, with a registered address at LS14 6LB, England, Leeds, 2a Stocks Approach.

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