SOLAI HOLDINGS LIMITED
Get an alert when SOLAI HOLDINGS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-18 (in 4mo)
Last made up 2025-09-04
Watchouts
None on the register
Cash
£196M
-22% vs 2023
Net assets
£693M
+5.5% highest in 3 filed years
Employees
547
+12.8% highest in 3 filed years
Profit before tax
£139M
-33.3% vs 2023
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £1,646,404,000 | £1,327,014,000 | |
| Operating profit | — | — | £116,345,000 | £71,265,000 | |
| Profit before tax | — | — | £207,802,000 | £138,704,000 | |
| Net profit | — | £15,996,000 | £216,743,000 | £130,876,000 | |
| Cash | — | £40,397,000 | £250,584,000 | £195,500,000 | |
| Total assets less current liabilities | — | £150,121,000 | £715,727,000 | £740,788,000 | |
| Net assets | — | £149,909,000 | £656,466,000 | £692,721,000 | |
| Equity | £133,913,000 | £149,909,000 | £656,466,000 | £692,721,000 | |
| Average employees | — | 0 | 485 | 547 | |
| Wages | — | — | £9,903,000 | £9,949,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 7.1% | 5.4% | |
| Net margin | — | — | 13.2% | 9.9% | |
| Return on capital employed | — | — | 16.3% | 9.6% | |
| Gearing (liabilities / total assets) | — | — | 42.8% | 35.3% | |
| Current ratio | — | — | 1.07x | 1.36x | |
| Interest cover | — | — | 3.79x | 2.79x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Sopher + Co LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- SOLAI HOLDINGS LIMITED · parent
- 73WHR Limited 100%
- 11 Hospitality Limited 100%
- 33 Hospitality Limited 100%
- Agri-chemicals Limited 100%
- Bish 1 Limited 100%
- Bish 2 Limited 100%
- Bishopswood Estates Limited 100%
- Cestates Limited 100%
- Dune Resources Limited 100%
- Heathfield House Cambridge Ltd 100%
- Iceport Limited 100%
- Iceport One Limited 100%
- Iceport Two Limited 100%
- Kerio Limited 100%
- Kestates Limited 100%
- Matel Limited 100%
- Nelson House Cambridge Limited 100%
- Oakfield Court (Welwyn) Management Company Ltd 100%
- Purebond Limited 100%
- Solai House Limited 100%
- Solai Services Limited 100%
- Solai USA 100%
- Tempsford Estates Limited 100%
- Uestates Limited 100%
- Venoil Limited 100%
- Waite Davies Limited 100%
- 11 Hospitality (Birmingham) Limited 100%
- Cestates Let Limited 100%
- Dune Resources Let Limited 100%
- Waite Davies Let Limited 100%
- Nipco Plc 63.94%
- Nipco Gas Limited 63.94%
- Nipco Investments Limited 63.94%
- 22 Hospitality Limited 63.94%
- Nipco E&P Limited 63.94%
- 44 Hospitality Limited 63.94%
- 11 Plc 53.82%
- 11 Hospitality Limited 53.82%
- 11 Real Estates Limited 53.82%
- Capital Hotels Plc 60.15%
- Kavango Resources Plc 58.05%
- Kavango Minerals (Pty) Ltd 58.05%
- Kanye Resources (Pty) Ltd 58.05%
- Shongwe Resources (Pty) Ltd 52.25%
- Ashmead Holdings (Pty) Ltd 52.25%
- Icon-Trading Company (Pty) Ltd 52.25%
- Kavango Zimbabwe (Private) Limited 58.05%
- Kavango Mining (Private) Ltd 58.05%
Significant events
- “As detailed in note 22, after the year end convertible loan notes issued by Kavango Resources Plc, a subsidiary of the group, were converted in full into ordinary shares on 31 January 2025. The group held some of the convertible loan notes and as a result its ownership of Kavango Resources Plc increased to 70.2% on that date”
- “On 24 June 2025 the Group disposed of Heathfield House Cambridge Limited, a subsidiary undertaking, for £2.8m. At 31 December 2024 Heathfield House Cambridge Limited had net assets of £2.6m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KANSAGRA, Bhupendra Shantilal | Secretary | — | — | British |
| KANSAGRA, Bhupendra Shantilal | Director | — | May 1956 | British |
| KANSAGRA, Rajni Shantilal | Director | — | Nov 1942 | British |
| KANSAGRA, Ramesh Shantilal | Director | — | Aug 1950 | British |
Ownership
Persons with significant control
Filing timeline
Last 20 of 125 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-28 | AA | accounts | Accounts with accounts type group | |
| 2025-09-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-20 | AA | accounts | Accounts with accounts type group | |
| 2024-10-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-14 | AA | accounts | Accounts with accounts type group | |
| 2023-09-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-09-14 | AA | accounts | Accounts with accounts type group | |
| 2022-09-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-09-23 | AA | accounts | Accounts with accounts type group | |
| 2021-09-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-07 | AA | accounts | Accounts with accounts type group | |
| 2020-09-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-01-08 | AA01 | accounts | Change account reference date company previous shortened | |
| 2019-11-13 | AA | accounts | Accounts with accounts type group | |
| 2019-09-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-05-31 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-19.4%
£1,646,404,000 £1,327,014,000
-
Cash
-22%
£250,584,000 £195,500,000
-
Net assets
+5.5%
£656,466,000 £692,721,000
highest in 3 filed years
-
Employees
+12.8%
485 547
highest in 3 filed years
-
Operating profit
-38.7%
£116,345,000 £71,265,000
-
Profit before tax
-33.3%
£207,802,000 £138,704,000
-
Wages
+0.5%
£9,903,000 £9,949,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers