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Solutech Limited

02902048

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

C/O SOLUTECH BARLOW DRIVE, WINSFORD, CW7 2JZ
Incorporated 24/02/1994

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 24/02/2026

Due 10/03/2027

On track

Industry

20590
Manufacture of other chemical products
72190
Other research and experimental development on natural sciences and engineering
82990
Other business support service activities

Officers

Mr George Robert Washington

director · Since 24/02/1994

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 1 other board

Michael Washington

director · Since 11/09/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Persons with Significant Control

Rabble Limited

ownership-of-shares-75-to-100-percent-as-firm

C/O Bulcock & Co, 10 The Bull Ring, Northwich, CW9 5BS

Reg: 03916321 · England & Wales · Limited

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

SANTANDER UK PLC

Created 24/04/2017Registered 27/04/2017Satisfied 07/01/2020
Charge
satisfied

SANTANDER UK PLC

Created 24/04/2017Registered 25/04/2017Satisfied 07/01/2020
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/07/2010Registered 29/07/2010Satisfied 12/05/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/07/2003Registered 28/07/2003Satisfied 18/03/2017

CompanyRankvs 90+ SIC 20590 peers
83

Financial strength84th percentile among SIC peers · 21/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.31× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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90Solutech Limited
83
How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 pts

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

Liquidity20/20 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 28/02/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£2.2M

Current Liabilities

£968k

Fixed Assets

£53k

Debtors

£1.1M

10avg. employees-1

Tax at Year End

VAT£59k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.31+£42k£1.2M
20242.03+£117k£22k
20231.40+£189k—
20221.37+£45k—
20212.15+£187k£945k
20201.76+£275k—
20191.34——

Derived from filed accounts. Not audited figures.