Solus Uk Ltd

Solus Uk Ltd, based in Glasgow, UK, is a small holding company with an active status, established 20 years ago. The company employs 15 people and holds £1,593,731 in assets. It has a real address, is managed by three directors and owned by one individual, and boasts a perfect 5.0 Google rating from two reviews. It’s an irregular importer, with its last import activity recorded over four years ago.

The company operates primarily in the information technology sector, specifically providing library app solutions. Its website highlights a suite of products including The Library App, Planet Library, LUCi, and Interactive Signage. The company’s core offering is The Library App, used in over 7,000 library locations across six continents, emphasizing engagement and user customization. The website also showcases LUCi, a library discovery platform, and offers resources like product information, case studies, and training materials. They even have a LinkedIn page to stay in the loop.

Financially, Solus Uk Ltd presents a mixed picture. Current assets decreased by 8.8% to £1,600,000, while net assets also fell by 5.2% to £1,300,000. Bank borrowings decreased by 27% to £24,000, and cash reserves increased by 26% to £240,000. However, corporation tax payable jumped significantly by 320% to £95,000. Trade debtors also saw a substantial drop of 48%, suggesting potential issues with customer payments. The company meets the criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

Overall, Solus Uk Ltd appears to be navigating a period of change, with both positive and negative financial trends. The company’s focus on library technology and its strong Google rating suggest a viable business model, but the fluctuating financials warrant close monitoring.

Registered in Scotland under the registration number SC270677, with a registered address at G75 0QR, Scotland, Glasgow, Nasmyth Building Nasmyth Avenue, East Kilbride.

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