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Sollett Bros Limited

02226621

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

HIGH STREET, SALTBURN-BY-THE-SEA, TS12 3AG
Incorporated 02/03/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation
43910
Roofing activities

Officers

Mr Jason Peter Sollett

director · Since 10/05/2019

DIRECTOR

BRITISH · ENGLAND · Age 49

Mrs Sarah Michelle Sollett

director · Since 10/05/2019

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Mrs Sarah Michelle Sollett

secretary · Since 17/12/2020

Also on 2 other boards

Persons with Significant Control

Mrs Susan Sollett

75–100% shares
75–100% votes

British · England · Age 70

5, Priory Close, Guisborough, TS14 6EL

Notified 02/03/2017

Former PSCs

Mr Colin Michael Sollett

Ceased 23/10/2022

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 22/07/2014Registered 24/07/2014Satisfied 29/12/2022
Charge
satisfied

PAMELA WILLIS

Created 20/12/2013Registered 27/12/2013Satisfied 19/02/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 26/10/2012Registered 30/10/2012Satisfied 19/01/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 03/06/2011Registered 08/06/2011Satisfied 18/05/2012
charge
satisfied

LLOYDS TSB BANK PLC

Created 02/03/2011Registered 08/03/2011Satisfied 08/01/2019
charge
satisfied

LLOYDS TSB BANK PLC

Created 02/03/2011Registered 08/03/2011Satisfied 08/01/2019
charge
satisfied

LLOYDS TSB BANK PLC

Created 02/03/2011Registered 08/03/2011Satisfied 19/02/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 18/04/2008Registered 22/04/2008Satisfied 13/10/2010
charge
satisfied

LLOYDS TSB BANK PLC

Created 01/12/2000Registered 21/12/2000Satisfied 19/02/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 23/11/2000Registered 29/11/2000Satisfied 29/12/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 18/08/2000Registered 23/08/2000Satisfied 19/02/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 20/04/2000Registered 21/04/2000Satisfied 08/06/2011
charge
satisfied

LLOYDS BANK PLC

Created 30/10/1998Registered 10/11/1998Satisfied 08/06/2011
charge
satisfied

LLOYDS BANK PLC

Created 15/12/1997Registered 17/12/1997Satisfied 08/06/2011

CompanyRankvs 3832+ SIC 43290 peers
75

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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3832Sollett Bros Limited
71
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£434k

Balance sheet strength

Cash

£119k

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£232k

Current Liabilities

£276k

Fixed Assets

£528k

Debtors

£32k

16avg. employees+3

Balance Sheet

Bank loans & overdrafts£50k
Assets less current liabilities£484k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.84+£392
20240.94+£5k
20231.48+£7k
20220.83+£6k
20210.87+£531
20201.16+£15k
20191.12+£35k
20170.54—

Derived from filed accounts. Not audited figures.