Solmedia Limited

Solmedia Ltd, based in Shrewsbury, UK, is a small holding company with an active status, marking a remarkable 90 years in operation since its founding in 1934. Employing 25 individuals, the company holds assets valued at £2,116,163 and operates from a real address within the Battlefield Enterprise Park. With seven directors and two owners, Solmedia Ltd functions as a regular importer and exporter of optical and medical tools and devices, having imported for 75 months and exported for 15 months.

The company's website highlights its role as a supplier of histology equipment, consumables, and related services. It partners with Slee Medical to offer a dynamic range of histology equipment, including microtomes, cryostats, and staining systems. Beyond equipment, Solmedia Ltd provides a range of products, from labware to tissue marking dyes, catering to the needs of laboratories in various fields, including histology, microbiology, and surgery. The website also features case studies, news articles, and a blog, demonstrating a commitment to customer engagement and industry expertise. It’s clear they are focused on ecommerce, offering a wide range of products and services through their online shop.

Financially, Solmedia Ltd’s report reveals a complex picture. While cash and cash equivalents remained stable at £1,300,000, net assets significantly decreased by 39%, falling to £1,000,000. Creditors have risen dramatically, increasing by 190% to £1,400,000, while bank borrowings surged by a staggering 2,400% to £900,000. Trade debtors also increased by 5.8% to £420,000. The company's small size, meeting two of three criteria for a small company, helps it maintain agility. The lack of an auditor mentioned suggests it’s likely exempt from an audit due to its size. The substantial increase in creditors, however, raises concerns about its short-term financial health. It’s a bit of a puzzle how they are managing their finances, but they are clearly focused on their core business of supplying lab equipment.

Registered in England/Wales under the registration number 00292784, with a registered address at SY1 3TF, Shrewsbury, Unit 2 Vernon Drive, Battlefield Enterprise Park.

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