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Solway Salon Supplies Ltd

04549673

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

116 VULCANS LANE, CUMBRIA, CA14 2ND
Incorporated 01/10/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Ronald Suitor

director · Since 01/05/2003

ACCOUNTANT

BRITISH · ENGLAND · Age 88

Also on 7 other boards

Mr Grahame Martin Suitor

director · Since 01/06/2003

MANAGER

BRITISH · UNITED KINGDOM · Age 58

Also on 5 other boards

Mrs Kathryn Janet Suitor

director · Since 01/06/2013

MANAGEMENT

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Persons with Significant Control

Mr Grahame Martin Suitor

50–75% shares
50–75% votes
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 58

116 Vulcans Lane, Cumbria, CA14 2ND

Notified 06/04/2016

Mrs Kathryn Janet Suitor

25–50% shares
25–50% votes

British · United Kingdom · Age 58

116 Vulcans Lane, Cumbria, CA14 2ND

Notified 15/10/2017

Former PSCs

Mr Ronald Suitor

Ceased 15/10/2017

Charges0 outstanding

charge
satisfied

CLYDESDALE BANK PUBLIC LIMITED COMPANY

Created 08/12/2004Registered 14/12/2004Satisfied 18/06/2018

CompanyRankvs 1190+ SIC 46900 peers
84

Financial strength84th percentile among SIC peers · 21/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.18× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1190Solway Salon Supplies Ltd
84
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.

Employees13/15 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 31/10/2024

Net Worth

£187k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£215k

Working capital

Current Assets

£283k

Current Liabilities

£68k

Fixed Assets

£8k

5avg. employees+2

Tax at Year End(2021)

Corp tax£14k

Balance Sheet

Assets less current liabilities£223k
Prepared with BTCSoftware AP Solution 2025 12.1.02

EstimatesDerived

YearCurrent RatioImplied Profit
20244.18-£5k
20234.65+£16k
20224.65-£42k
20214.64+£34k
20203.75+£14k
20193.86+£15k
20183.60—

Derived from filed accounts. Not audited figures.