Soltec (uk) Limited

Soltec UK Ltd, based in Southend-On-Sea, is a small, active family business established 28 years ago. With five employees and £312,563 in assets, it operates from a real address and is managed by two directors and two owners. The company has a stellar 5.0 Google rating based on 109 reviews. It's an irregular importer, primarily dealing with optical and medical tools and devices, with the last import occurring just one month ago. The company operates in the plumbing, heat, and air-conditioning installation industries.

The company's website highlights its services in air conditioning and ventilation across Essex and London, catering to both domestic and commercial clients. It offers a range of solutions, from wall-mounted systems for homes to cassette systems for commercial spaces, emphasizing competitive pricing and quality products. Customer testimonials praise Soltec UK Ltd’s professionalism, knowledge, and efficient service. The website also provides detailed information on various air conditioning systems, installation processes, and maintenance services.

Financially, Soltec UK Ltd shows some concerning trends. Cash reserves have decreased by 28% to £210,000, while net assets have fallen 23% to £270,000. Trade debtors have decreased significantly by 35%, suggesting a possible effort to reduce outstanding payments. However, bank borrowings have increased dramatically by 4400%, reaching £29,000, and creditors have risen by 440%, to £46,000. The company’s small size (meeting two of three conditions for being a small company) helps it remain flexible, but the decline in equity and increased borrowing raise questions about its financial health. No auditor is mentioned, which is likely due to the company's exemption as a small business. It’s worth noting that the number of employees increased slightly, from five to six.

Registered in England/Wales under the registration number 03238080, with a registered address at SS2 5RY, England, Southend-On-Sea, Essex, 13 Farriers Way, Temple Farm Industrial Estate.

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