Solveig Ltd
- Active
- Small
- 11 years
- 0 employees
- £135,703 (cur assets)
- 0-1m
- Regular importer
- Virtual address
- 1 director
- 1 owner
- London
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Solveig Ltd from London UK: small company, active status, founded 10 years ago, 2 employees, £204,662 assets, virtual address, 1 director, 1 owner. Regular importer of ceramic products (9 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the floor and wall covering industries. Officially, it has one owner or PSCs, one director, and two employees.
The company is a regular importer, with its top import category being Ceramic products, totaling 9 months of imports. The last import operation was conducted on June 01, 2024. While there's no website to analyse, Solveig Ltd seems to be focused on importing and distributing ceramic products for the floor and wall covering sector.
Financially, Solveig Ltd presents a mixed picture. Current assets increased slightly to £200,000, but net assets decreased significantly to £19,000 – a worrying trend. Cash reserves grew substantially to £72,000, a positive sign, but trade debtors dropped by 54%, which could indicate payment issues or a shift in credit policies. Bank borrowings also decreased, which is good, but the large drop in equity suggests the company may be burning through cash to maintain operations. The company’s small size helps it stay nimble, but the equity decline warrants closer scrutiny. With no auditor mentioned, the financial statements are unaudited.
It’s clear that Solveig Ltd is facing some financial headwinds, despite its active import activity. Whether it can sustain its operations and growth remains to be seen, but the company’s focus on a specific niche—ceramic products for floor and wall coverings—could provide a competitive advantage.
Registered in England/Wales under the registration number 09471489, with a registered address at W1W 7LT, England, London, 85 Great Portland Street, First Floor.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 3
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 11 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twelve months ago.
Last news
-
Total exemption full accounts made up to 2025-03-30Download 11 pages pdf report
-
Cessation of Ruth Marion Reynolds as a person with significant control on 2025-03-03Download 1 page pdf report
-
Confirmation statement made on 2025-03-04 with updatesDownload 4 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Solveig Ltd
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