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Sol Electronics Limited

04313792

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

AURORA 135 FIRST FLOOR, EALING, W5 5SL
Incorporated 31/10/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade
61900
Other telecommunications activities

Officers

Mr Steven Mark Ellis

director · Since 16/01/2019

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Mr Steven Ellis

Significant control
significant-influence-or-control-as-firm

British · England · Age 50

Aurora, 135 First Floor, Ealing, W5 5SL

Notified 01/04/2024

Former PSCs

Mr Steven Mark Ellis

Ceased 10/08/2018

Mr Thuraisamy Loganathan

Ceased 16/01/2019

Mr Steven Mark Ellis

Ceased 21/10/2022

Mr Shahil Somani

Ceased 31/03/2024

CompanyRankvs 6218+ SIC 46900 peers
69

Financial strength92th percentile among SIC peers · 23/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees10/15 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 30/12/2024

Net Worth

£893k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£332k

Working capital

Current Assets

£4.7M

Current Liabilities

£5.1M

2avg. employees

Tax at Year End(2018)

Corp tax£11k

Balance Sheet

Assets less current liabilities-£332k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.93+£8k
20230.94+£15k
20221.44-£145k
20211.34+£112k
20181.33

Derived from filed accounts. Not audited figures.