Sollas Uk Limited

  • Small
  • Active
  • 33 years
  • 7 employees
  • £759,564 (assets)
  • Real address
  • 2 directors
  • 1 owner
  • Regular importer
  • Regular exporter

Field of Operation

Packaging activities
82920 7811 companies

Website

Social media

Phones

Summary

Sollas UK Ltd, based in Hampshire, is a small, active company founded 33 years ago. With seven employees and £759,564 in assets, it operates from a real address and is managed by two directors and one owner. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts – with 20 months of import activity and 8 months of export activity recorded.

The company’s website showcases a wide range of machines, including Volinslag, FSX, SXP, SX, XE, and SE series, alongside stretchbanding and product handling solutions. Sollas also provides specialized services like tray wrapping and offers custom solutions. The website highlights the company’s presence at various industry events across Europe and the Middle East, including FCE, Expopack, Fachpack, PPMA, Beautyworld Middle East, Hispack, and Interpack. It also emphasizes its support services, including remote machine diagnostics and news updates.

Financially, Sollas UK Ltd shows some concerning trends. Property plant and equipment have decreased by 9.9%, while cash reserves have fallen by 12% to £340,000. Trade debtors have increased significantly, by 500%, reaching £230,000, suggesting a reliance on customer payments. Creditors have also decreased by 51%, which is a good sign. 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 remain flexible, but the drop in assets and increase in debtors could indicate financial pressure. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Sollas UK Ltd appears to be a well-established importer and exporter of industrial machinery, but its financial performance warrants close monitoring.

Registered in England/Wales under the registration number 02651630, with a registered address at RG28 7BB, Hampshire, Unit 12 Ardglen Ind. Est., Whitchurch.

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

Owners & PSC

  • 4 years
  • 50%+

Managers

  • 10 years
Company director
Secretary

Last reports

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Last news

  1. Accounts for a small company made up to 2024-12-31
  2. Confirmation statement made on 2024-11-16 with no updates
  3. Accounts for a small company made up to 2023-12-31
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Importer profile by HS codes

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Last imported products

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Exporter profile by HS codes

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Last exported products

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