Solutech Limited

  • Small
  • Holding
  • Active
  • 31 years
  • 10 employees
  • £2,435,430 (assets)
  • Real address
  • 3 directors
  • 1 owner
  • Irregular importer
  • Rating 5.0 (3)

Field of Operation

Manufacture of other chemical products n.e.c.
20590 1777 companies
Other research and experimental development on natural sciences and engineering
72190 11797 companies
Other business support service activities n.e.c.
82990 238995 companies

Social media

Phones

Summary

Solutech Limited, based in Winsford, UK, is a small holding company with an active status, having been founded 31 years ago in 1994. The company employs ten people and holds assets totaling £2,435,430. It has a real registered address, three directors, and one owner, and enjoys a perfect 5.0 Google rating based on three reviews. Solutech is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with its last import operation occurring one month ago.

The company operates in several industries, including the manufacture of other chemical products, research and experimental development, and business support services. While a website isn't available, this suggests a B2B focus rather than direct consumer sales.

Financially, Solutech Limited presents a mixed picture. Current assets have significantly decreased by 38%, dropping to £2,400,000, while net assets have increased by 10%, reaching £1,300,000. Bank cash has also decreased by 9%, down to £860,000. Trade debtors have plummeted by 50%, reducing to £1,300,000, and creditors have fallen by 57%, now standing at £1,100,000. The company's small size—meeting two of three conditions for a small company—allows for flexibility, but the decrease in current assets warrants further investigation. The increase in future minimum lease payments, however, could indicate expansion plans or increased operational costs. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Despite the decrease in current assets, the reduction in creditors is a positive sign, suggesting improved debt management. The company's long history and consistent presence in the market, combined with its high Google rating, indicate a degree of stability, although the financial data suggests it's navigating a period of change.

Registered in England/Wales under the registration number 02902048, with a registered address at CW7 2JZ, England, Winsford, C/O Solutech Barlow Drive, Woodford Park Industrial Estate.

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

Owners & PSC

  • 9 years
  • 75%+

Managers

Director
Director
  • 31 years
  • 1
Director

Last reports

Download the last financial report
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Last news

  1. Confirmation statement made on 2025-02-24 with no updates
  2. Total exemption full accounts made up to 2024-02-29
  3. Confirmation statement made on 2024-02-24 with no updates
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Importer profile by HS codes

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Last imported products

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