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SOLAR CLAIMS UK LTD Financials

Company number
11569063Copy
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Registered office
Suite 153 Silk House 1 Park Green, Macclesfield, Cheshire SK11 7QJ
Incorporated
14/09/2018

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-123.23K2024
-741.84%vs 2023

2023: £-14.64K

Total Assets

£57.99K2024
-61.62%vs 2023

2023: £151.07K

Cash in Bank

£36.53K2024
-70.80%vs 2023

2023: £125.10K

Total Liabilities

£178.74K2024
11.03%vs 2023

2023: £160.97K

Employees

52024
-1vs 2023

2023: 6

In 2024, SOLAR CLAIMS UK LTD reported net assets of £-123.23K. The same filing shows total assets of £57.99K, cash in bank of £36.53K and total liabilities of £178.74K. Reported headcount was 5 in 2024. Net Assets fell from £-14.64K in 2023 to £-123.23K in 2024 (-741.84%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£-123.23K2024
-741.84%from £-14.64K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures SOLAR CLAIMS UK LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£92.31K2022£-123.23K2024
-234%vs 2022

Cash in Bank

£260.80K2022£36.53K2024
-86%vs 2022

-62.6% a year compound (CAGR)

Total Assets

£273.07K2022£57.99K2024
-78.8%vs 2022

-53.9% a year compound (CAGR)

Total Liabilities

£177.13K2022£178.74K2024
+0.9%vs 2022

+0.5% a year compound (CAGR)

Employees

12202252024
-58.3%vs 2022-7

Biggest increase

Total Liabilities+0.9%

£177.13K in 2022 to £178.74K in 2024

Biggest decrease

Net Assets-234%

£92.31K in 2022 to £-123.23K in 2024

SOLAR CLAIMS UK LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SOLAR CLAIMS UK LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
-212.51%2024

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
308.24%2024

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Cash to liabilities
20.44%2024

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
63.00%2024

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for SOLAR CLAIMS UK LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£59.14K92.31K-14.64K-123.23K
Total Assets£255.46K273.07K151.07K57.99K
Cash in Bank£245.83K260.80K125.10K36.53K
Total Liabilities£196.32K177.13K160.97K178.74K
Employees51265

SOLAR CLAIMS UK LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has SOLAR CLAIMS UK LTD filed financial statements?

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Yes. Okredo holds filed figures for SOLAR CLAIMS UK LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did SOLAR CLAIMS UK LTD report in 2024?

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SOLAR CLAIMS UK LTD reported net assets of £-123.23K for 2024. That compares with £-14.64K in 2023, a change of -741.84%.

What total assets did SOLAR CLAIMS UK LTD report in 2024?

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SOLAR CLAIMS UK LTD reported total assets of £57.99K for 2024. That compares with £151.07K in 2023, a change of -61.62%.

What cash in bank did SOLAR CLAIMS UK LTD report in 2024?

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SOLAR CLAIMS UK LTD reported cash in bank of £36.53K for 2024. That compares with £125.10K in 2023, a change of -70.80%.

How many people does SOLAR CLAIMS UK LTD employ?

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SOLAR CLAIMS UK LTD reported 5 employees in 2024, compared with 6 in 2023.

How have SOLAR CLAIMS UK LTD financials changed over the last 3 years?

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Between 2022 and 2024, SOLAR CLAIMS UK LTD's net assets fell by 234%, cash in bank fell by 86%, total assets fell by 78.8% and total liabilities rose by 0.9%. Cash in bank contracted at 62.6% a year across the two years to 2024, from £260.80K to £36.53K. Reported headcount went from 12 in 2022 to 5 in 2024 (-7).

Which years of SOLAR CLAIMS UK LTD financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.