Somerset Solders Ltd
- Small
- Active
- 14 years
- 8 employees
- £498,740 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Irregular exporter
- E-commerce
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
Somerset Solders Ltd, based in Midsomer Norton, UK, is a small, active company founded fourteen years ago in 2011. With eight employees and £498,740 in assets, it operates from a real address and is overseen by two directors and one owner. The business is a regular importer of clothing and accessories (excluding knitted or crocheted items), with 58 months of import activity recorded, and occasionally exports machinery and mechanical appliances, with just two months of export activity.
The company's website, somersetsolders.co.uk, positions itself as a supplier of solders, fluxes, and tools, catering to a range of industries. It offers a wide selection of products, including soldering irons, tips, and equipment, as well as ESD static control products and PCB assembly tools. The website also features a blog with articles on topics like fume extraction and wave soldering, demonstrating a focus on technical expertise. It’s clear that the company operates an e-commerce business, with a focus on selling products online.
Financially, Somerset Solders Ltd presents a mixed picture. Creditors have increased by a significant 110%, reaching £20,000, while cash bank on hand decreased by 9.2% to £190,000. Bank borrowings have also decreased by 32%, to £22,000. While net assets increased slightly to £260,000, trade debtors have remained steady. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain flexibility, but the rise in creditors suggests a need for careful cash flow management. The company is exempt from an audit, so the financial statements are unaudited.
Overall, Somerset Solders Ltd appears to be a stable, albeit small, business. While the rise in creditors warrants attention, the company's focus on specialized products and technical expertise suggests a potential for continued success.
Registered in England/Wales under the registration number 07556658, with a registered address at BA3 2DA, England, Midsomer Norton, Somerset, 124 High Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
-
Resident of United Kingdom
-
Individual
- 14 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2025-03-08 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 9 pages pdf report
-
Confirmation statement made on 2024-03-08 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar importers
- Company names
- HS codes
- Financial data
- Officers and owners
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar exporters
- Company names
- HS codes
- Financial data
- Officers and owners
FAQ about Somerset Solders Ltd
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!