Solo Olos Ltd

Solo Olos Ltd is a small, active company based in Horsham, UK, founded two years ago in 2022. The company, which has one employee, operates with a virtual address and is led by a solo founder, Beal Clive William, who also serves as both director and owner. With £1,435 in assets, it's a modest operation, but one that’s clearly focused on its niche.

The company’s website, Solos Holidays, caters to solo travellers, offering escorted group tours. It’s a well-developed site, with a wide range of destinations across Africa, Asia, Europe, and the Americas, alongside various holiday types including walking tours, city breaks, and ski trips. The site’s design is clean and user-friendly, with a strong emphasis on community and sociable travel. It's clear that the company is targeting a specific demographic: individuals seeking adventure and connection without the single supplement.

Financially, Solo Olos Ltd’s numbers paint a mixed picture. Current assets have fallen by a significant 48% to £1,400, and net assets have plummeted 170% to -£26,000—a considerable loss. Bank borrowings have increased by 2,400% to £29,000, and cash reserves have decreased 70% to just £440. On the plus side, trade creditors have fallen by 16%, suggesting some improvement in managing short-term debts. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity raises concerns. As a small company, it’s exempt from an audit, so the figures are unaudited.

While the holiday website appears to be thriving, with a focus on community and a wide range of destinations, the financial data suggests the company is burning through cash. Whether the business can sustain its growth and profitability remains to be seen, but its focus on the solo travel market—a growing segment—offers a promising avenue for future success.

Registered in England/Wales under the registration number 14235041, with a registered address at RH12 1AT, England, Horsham, Solo House The Courtyard, London Road.

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