SOLLATEK (UK) LIMITED

1. SOLLATEK (UK) LIMITED 2019-05-22 → present
2. SOLLATEK(U.K.)LIMITED 1983-03-08 → 2019-05-22

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Lubbock Fine LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Management have prepared cashflow forecasts for 12 months beyond the date of the signing of the financial statements and with the continued support of the directors and the facilities provided by lenders, management have concluded that the Company has sufficient headroom to meet its ongoing obligations as they become due and that the Company is a going concern.”

Significant events

• “The Company is waiting to be awarded orders for large Automatic Voltage Regulators (AVRs) as part of the UK Government's drive to strengthen the grid and enable the addition of large renewable power plants.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -5.5%

  £13,547,985 → £12,800,607

• Cash

  -23.2%

  £71,838 → £55,138

• Net assets

  -2.2%

  £7,914,976 → £7,740,534

• Employees

  -1.7%

  58 → 57

• Operating profit

  -69.3%

  £1,517,795 → £465,609

• Profit before tax

  -97.7%

  £1,063,105 → £24,735

• Wages

  +6.9%

  £1,648,680 → £1,761,639

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers