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Solbaits Ltd

12666884

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

596 GREEN LANES, LONDON, N13 5RY
Incorporated 12/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Mr Przemyslaw Solski

director · Since 16/06/2020

MANAGING DIRECTOR

POLISH · ENGLAND · Age 46

Mr Piotr Polonski

director · Since 12/08/2024

OPERATIONS MANAGER

POLISH · ENGLAND · Age 45

CompanyRankvs 1427+ SIC 47640 peers
66

Financial strength75th percentile among SIC peers · 19/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 4.69× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees6/15 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.

Longevity6/15 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 30/06/2025

Net Worth

£19k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£23k

Current Liabilities

£5k

Fixed Assets

£1k

Debtors

£8k

1avg. employees

Balance Sheet

Assets less current liabilities£19k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20254.69+£0
20254.69+£3k
20245.81+£4k
20233.42+£743
20222.11+£8k
20211.19

Derived from filed accounts. Not audited figures.