Solotec Scientific Limited in Ashton-under-lyne, OL6 9AN

Description

Data updated on: 01-11-2023

2015 signifies the launching of Solotec Scientific Limited, a company which is situated at Unit 6 Cowhill Trading Estate, Tramway Road, Ashton-under-lyne. That would make nine years Solotec Scientific has prospered on the market, as the company was registered on 2015-04-15. The firm Companies House Reg No. is 09543743 and the postal code is OL6 9AN. The firm's SIC code is 28990 and has the NACE code: Manufacture of other special-purpose machinery n.e.c.. The firm's latest financial reports describe the period up to 2022/08/31 and the latest annual confirmation statement was filed on 2023/04/15.

The trademark of Solotec Scientific is "Waysafe". It was submitted for registration in September, 2015 and it registration process was completed by IPO in December, 2015. The corporation will use the trademark untill September, 2025.

That company owes its well established position on the market and constant growth to exactly two directors, specifically Justin B. and Rachael B., who have been presiding over the company since April 2015.

Trade marks

Trademark UK00003128912

Trademark UK00003128912

Trademark image:	-
Trademark name:	Waysafe
Status:	Registered
Filing date:	2015-09-28
Date of entry in register:	2015-12-25
Renewal date:	2025-09-28
Owner name:	Solotec Scientific Limited
Owner address:	Unit 6, Cowhill Trading Estate, Tramway Road, ASHTON-UNDER-LYNE, United Kingdom, OL6 9AN

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31
Currency

Balance Sheet
Cash Bank On Hand		1 427	9 119	49 424	120 828	104 918	88 601	93 268
Current Assets	41 975	55 303	75 900	131 847	196 099	194 031	190 505	204 185
Debtors	19 313	30 261	32 314	32 269	25 171	39 013	57 743	72 720
Net Assets Liabilities	-40 360	-60 925	-51 311	-28 787	4 207	7 140	-397	27 960
Other Debtors	373	721	1 097	747	2 322	14 249	9 388	7 619
Property Plant Equipment	26 676	23 984	21 274	17 867	14 773	15 634	12 182	8 995
Total Inventories	22 662	23 615	34 467	50 154	50 100	50 100	44 161	38 197

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets	45 758	78 058	110 358	142 658	161 500	161 500	161 500	161 500
Accumulated Depreciation Impairment Property Plant Equipment	4 176	7 410	10 817	14 224	17 703	21 619	25 452	29 502
Additions Other Than Through Business Combinations Property Plant Equipment		542	697		385	4 777	381	863
Administration Support Average Number Employees	2	2
Amortisation Expense Intangible Assets	32 300	32 300	32 300
Amortisation Rate Used For Intangible Assets		20	20	20	20	20	20	20
Applicable Tax Rate	20	20	19	19	19	19
Average Number Employees During Period	3	3	4	5	6	6	6	6
Bank Borrowings Overdrafts	848
Corporation Tax Payable				18	1 699	613		7 358
Creditors	224 753	223 654	199 627	197 343	205 239	200 634	201 548	183 917
Current Tax For Period				18	1 681	595
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences					1 426	465
Deferred Tax Liabilities					1 426	1 891	1 536	1 303
Depreciation Expense Property Plant Equipment	3 027	3 234	3 407
Depreciation Rate Used For Property Plant Equipment		10	10	10	10	10	10	10
Fixed Assets	142 418	107 426	72 416	36 709	14 773
Increase From Amortisation Charge For Year Intangible Assets		32 300	32 300	32 300	18 842
Increase From Depreciation Charge For Year Property Plant Equipment		3 234	3 407	3 407	3 479	3 916	3 833	4 050
Intangible Assets	115 742	83 442	51 142	18 842
Intangible Assets Gross Cost		161 500	161 500	161 500	161 500	161 500	161 500	161 500
Net Current Assets Liabilities	-182 778	-168 351	-123 727	-65 496	-9 140	-6 603	-11 043	20 268
Net Deferred Tax Liability Asset					1 426	1 891	1 536	1 303
Other Creditors	214 499	205 519	179 242	179 381	179 125	180 378	183 485	149 055
Other Taxation Social Security Payable	2 702	3 452	3 048	6 883	8 254	5 946	4 792	12 246
Pension Other Post-employment Benefit Costs Other Pension Costs	9 003	12 000
Production Average Number Employees	1	1
Profit Loss On Ordinary Activities Before Tax	-25 602	-20 565	9 614	22 542	36 101	3 993
Property Plant Equipment Gross Cost	30 852	31 394	32 091	32 091	32 476	37 253	37 634	38 497
Raw Materials	22 662	23 615	34 467
Social Security Costs	2 119	1 659
Staff Costs Employee Benefits Expense	39 054	46 162
Taxation Including Deferred Taxation Balance Sheet Subtotal					1 426	1 891	1 536	1 303
Tax Decrease From Utilisation Tax Losses			2 340	4 912	5 766
Tax Expense Credit Applicable Tax Rate	-5 120	-4 027	1 826	4 283	6 859	759
Tax Increase Decrease From Effect Capital Allowances Depreciation	-49	527	514	647	2 014	301
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	126
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward	5 043	3 500
Tax Tax Credit On Profit Or Loss On Ordinary Activities				18	3 107	1 060
Total Assets Less Current Liabilities	-40 360	-60 925	-51 311	-28 787	5 633	9 031	1 139	29 263
Trade Creditors Trade Payables	6 704	14 683	17 337	11 061	16 161	13 697	13 271	15 258
Trade Debtors Trade Receivables	18 940	29 540	31 217	31 522	22 849	24 764	48 355	65 101
Wages Salaries	27 932	32 503
Advances Credits Directors	2 276	2 423	1 219	1 139	1 317	1 784	1 711	59 567
Advances Credits Made In Period Directors	1 786	1 064	4 774	164	64	13	73	32 144
Advances Credits Repaid In Period Directors			3 570	84	242	480		90 000
Director Remuneration	5 500	12 000

Company staff

Justin B.

Role: Director

Appointed: 15 April 2015

Latest update: 14 April 2024

Rachael B.

Role: Director

Appointed: 15 April 2015

Latest update: 14 April 2024

People with significant control

Executives with significant control over the firm are: Justin B. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Rachael B. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Justin B.

Notified on 14 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Rachael B.

Notified on 14 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 May 2024
Account last made up date	31 August 2022
Confirmation statement next due date	29 April 2024
Confirmation statement last made up date	15 April 2023

Annual Accounts
Start Date For Period Covered By Report	2016-09-01
Annual Accounts
Start Date For Period Covered By Report	2017-09-01
End Date For Period Covered By Report	31 August 2018
Annual Accounts
Start Date For Period Covered By Report	2018-09-01
End Date For Period Covered By Report	31 August 2019
Annual Accounts
Start Date For Period Covered By Report	2019-09-01
End Date For Period Covered By Report	31 August 2020
Annual Accounts
Start Date For Period Covered By Report	2020-09-01
End Date For Period Covered By Report	31 August 2021
Annual Accounts
Start Date For Period Covered By Report	2021-09-01
End Date For Period Covered By Report	31 August 2022
Annual Accounts
Start Date For Period Covered By Report	2022-09-01
End Date For Period Covered By Report	31 August 2023
Annual Accounts
End Date For Period Covered By Report	31 August 2017

Solotec Scientific Limited

General information

Name:

Office Address:

Description

Trade marks

Trademark UK00003128912

Financial data based on annual reports

Company staff

Justin B.

Rachael B.

People with significant control

Justin B.

Rachael B.

Accounts Documents

Company filings

Filing category

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