Solo Holdings (UK) Limited in Birmingham, B7 5JD

Description

Data updated on: 01-11-2023

The company is known as Solo Holdings (UK) Limited. It was established thirty three years ago and was registered with 02659261 as its reg. no. This particular registered office of this company is based in Birmingham. You may find them at Unit 8 Long Acre Trading Estate, Long Acre Nechells. It 's been ten years from the moment This company's name is Solo Holdings (UK) Limited, but up till 2014 the business name was Solo Fabs and before that, up till 2003-06-30 the firm was known as Solo Fabrications. This means it has used three other names. This company's registered with SIC code 77390, that means Renting and leasing of other machinery, equipment and tangible goods n.e.c.. Solo Holdings (UK) Ltd released its account information for the financial year up to 2022-06-30. The business most recent confirmation statement was released on 2023-03-08.

Due to this specific company's growth, it was unavoidable to acquire more company leaders, among others: Bruce P., Mark H., Robert S. who have been working together since April 2004 for the benefit of the company. Moreover, the director's tasks are supported by a secretary - David H., who joined this specific company in November 1991.

Previous company's names
Solo Holdings (UK) Limited 2014-02-25
Solo Fabs Limited 2003-06-30
Solo Fabrications Limited 1991-10-31

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-06-30	2020-06-30	2021-06-30	2022-06-30
Currency

Balance Sheet
Cash Bank On Hand	152 267	295 023	209 220	503 328
Current Assets	152 267	414 843	621 195	966 318
Debtors		119 820	411 975	462 990
Net Assets Liabilities	954 907	1 589 710	1 817 615	2 017 595
Other Debtors		119 820
Property Plant Equipment	1 805 466	1 621 817	1 434 937	1 283 078
Total Inventories		1 736 095	1 750 232	1 898 201

Other Financial Data
Accrued Liabilities Deferred Income	6 500	106 284	108 111	6 499
Accumulated Depreciation Impairment Property Plant Equipment	1 509 885	1 763 258	1 919 166	2 104 046
Additions Other Than Through Business Combinations Property Plant Equipment		69 724	31 356	33 021
Administrative Expenses		2 605 653	2 430 713	2 586 898
Amounts Owed To Group Undertakings	592 292	70 278
Bank Borrowings	51 319
Bank Borrowings Overdrafts	51 319	138 795
Bank Overdrafts		138 795
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	22 283	16 712	12 534
Cash Cash Equivalents	152 267	295 023	209 220	754 178
Cash Cash Equivalents Cash Flow Value			209 220	503 328
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities			-119 820
Cash Receipts From Sales Interests In Joint Ventures			-1
Comprehensive Income Expense		267 661	708 746
Corporation Tax Payable	58 652	114 468
Corporation Tax Recoverable			69 424	60 871
Cost Sales		5 812 401	5 444 778	5 724 399
Creditors	124 633	108 643	49 051	47 005
Current Tax For Period		90 138	-20 174
Deferred Income	124 633	108 643	92 872	77 276
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		-13 224	-13 848	-30 367
Dividend Income From Joint Ventures			5 589
Dividends Paid Classified As Financing Activities	-520 000	-240 000	-460 000	-600 000
Dividends Paid To Owners Parent Classified As Financing Activities			-460 000	-600 000
Dividends Received Classified As Investing Activities		-760 000	-460 000	-600 000
Finance Lease Liabilities Present Value Total	13 921	6 580
Finance Lease Payments Owing Minimum Gross	13 921	6 580
Fixed Assets	1 805 468	1 621 819	1 434 938	1 283 079
Further Item Cash Flow From Used In Investing Activities Component Net Cash Flows From Used In Investing Activities			-5 589
Further Item Tax Increase Decrease Component Adjusting Items			-44	-298
Gain Loss On Disposals Property Plant Equipment			-3 861
Government Grant Income		274 527	256 256	1 625
Gross Profit Loss			2 702 450	2 304 273
Impairment Loss Reversal On Investments			1
Income Taxes Paid Refund Classified As Operating Activities			-89 100	-60 871
Increase Decrease In Current Tax From Adjustment For Prior Periods			-128 193
Increase From Depreciation Charge For Year Property Plant Equipment		253 373	197 925	184 880
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings		709	1 677
Interest Expense On Debt Securities In Issue Other Similar Loans		12 308	1 568	9 979
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts		621	720
Interest Income On Bank Deposits		792	1 515
Interest Paid Classified As Operating Activities		-1 821	-1 310	-9 979
Interest Payable Similar Charges Finance Costs		1 821	1 310	9 979
Interest Received Classified As Investing Activities		-760	-1 515
Investments	2	2	1
Investments Fixed Assets	2	2	1	1
Investments In Joint Ventures	1	1
Investments In Subsidiaries	1	1	1	1
Net Cash Generated From Operations		127 978	99 316	-388 000
Net Current Assets Liabilities	-602 261	186 977
Net Finance Income Costs		760 760	465 589	600 000
Operating Profit Loss			543 983	-265 229
Other Cash Inflow Outflow Classified As Investing Activities			-5 589
Other Creditors		11 559	11 300	15 820
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			42 017
Other Disposals Property Plant Equipment			62 328
Other Interest Receivable Similar Income Finance Income		792	7 104
Other Remaining Borrowings		453 675	90	1 037 825
Pension Other Post-employment Benefit Costs Other Pension Costs	3 960	2 190	1 200	1 200
Percentage Class Share Held In Subsidiary		100	100	100
Prepayments Accrued Income		185 363	186 675	180 933
Proceeds From Sales Other Long-term Assets Classified As Investing Activities			1
Proceeds From Sales Property Plant Equipment			-16 450
Profit Loss	82 746	874 803	687 905	799 980
Profit Loss On Ordinary Activities Before Tax			546 531	-275 208
Property Plant Equipment Gross Cost	3 315 351	3 385 075	3 354 103	3 387 124
Provisions For Liabilities Balance Sheet Subtotal	123 667	110 443
Purchase Other Long-term Assets Classified As Investing Activities		-119 820
Purchase Property Plant Equipment		-69 724	-31 356	-33 021
Share Other Comprehensive Income Associates Joint Ventures Accounted For Using Equity Method Before Tax		-66 511
Social Security Costs		237 734	223 251	242 099
Staff Costs Employee Benefits Expense	3 960	2 190	1 200	1 200
Taxation Including Deferred Taxation Balance Sheet Subtotal		110 443	96 595	107 521
Tax Increase Decrease Arising From Group Relief Tax Reconciliation		-10 770
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit			-145 650
Tax Increase Decrease From Effect Capital Allowances Depreciation		8 741	8 826	8 827
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		837		1 502
Tax Tax Credit On Profit Or Loss On Ordinary Activities		24 424	-21 047	10 926
Total Assets Less Current Liabilities	1 203 207	1 808 796
Total Borrowings		592 470	90	1 037 825
Total Current Tax Expense Credit		90 138	-148 367
Trade Creditors Trade Payables	1 807	631 762	1 332 384	1 303 175
Trade Debtors Trade Receivables		2 476 194	2 329 134	2 401 680
Turnover Revenue		8 544 395	8 147 228	8 028 672
Wages Salaries		2 700 024	2 579 207	2 865 862