Solutex Limited

Solutex Ltd, based in Wolverhampton, UK, is a small, active company established 22 years ago. With three employees and £923,521 in assets, it operates from a virtual address – a detail flagged by the registration of ninety-two companies at the same location. The company is led by three directors and has one reported owner, Jones David Malcolm. Solutex is a regular importer and exporter, specializing in machinery, boilers, and mechanical appliances, with 88 months of import activity and 11 months of export activity recorded, the latest in January and February 2025 respectively.

The company’s website highlights its expertise in omega-3 concentrates and specialized proresolving mediators (SPMs). It positions itself as a global leader in algae and fish oil omega-3 manufacturing, serving industries like dietary supplements, medical nutrition, pharmaceuticals, and cosmetics. The site emphasizes sustainable innovation, pioneering green chemistry, and customizable ingredients—a clear focus on high-value, specialized products. It even has a presence in multiple locations, including Madrid, Zaragoza, Winston-Salem, Navi Mumbai, and Seoul.

Financially, Solutex Ltd presents a mixed picture. While current assets increased by a respectable 28% to £920,000, equity declined by 20% to £680,000. Bank cash fell by 8.4% to £610,000, and creditors surged by 53% to £250,000. Debtors, however, skyrocketed by 300% to £200,000, which could indicate a period of rapid sales growth or potentially delayed payments. Other creditors also jumped significantly, by 580%. The company meets two of the three criteria to be classified as small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The lack of an auditor is typical for a small company.

The sharp increase in debtors is something to keep an eye on, as it could indicate challenges in collecting payments. However, the overall trend suggests a company that’s growing, albeit with some financial pressures. The focus on specialized omega-3 ingredients and global reach points to a strategy of differentiation and high-margin products, which could help offset these pressures.

Registered in England/Wales under the registration number 04480756, with a registered address at WV1 3JE, United Kingdom, Wolverhampton, West Midlands, St David's Court, Union Street.

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