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SOLCOM LIMITED Financials

Company number
03525534Copy
Copy
Registered office
Solcom House, 79 George Street, Ryde, Isle Of Wight PO33 2JF
Incorporated
11/03/1998

Company snapshot

Status
Active
Employees
18 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£836.54K2025
-22.42%vs 2024

2024: £1.08M

Total Assets

£1.90M2025
-21.31%vs 2024

2024: £2.41M

Cash in Bank

£1.29M2025
-30.56%vs 2024

2024: £1.85M

Total Liabilities

£1.06M2025
-20.41%vs 2024

2024: £1.34M

Employees

182025
+3vs 2024

2024: 15

In 2025, SOLCOM LIMITED reported net assets of £836.54K. The same filing shows total assets of £1.90M, cash in bank of £1.29M and total liabilities of £1.06M. Reported headcount was 18 in 2025. Cash in Bank fell from £1.85M in 2024 to £1.29M in 2025 (-30.56%). Okredo holds filed figures for 2021–2025; 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

£836.54K2025
-22.42%from £1.08M in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures SOLCOM LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£1.05M2023£836.54K2025
-20.6%vs 2023

-10.9% a year compound (CAGR)

Cash in Bank

£1.64M2023£1.29M2025
-21.6%vs 2023

-11.5% a year compound (CAGR)

Total Assets

£2.47M2023£1.90M2025
-23.1%vs 2023

-12.3% a year compound (CAGR)

Total Liabilities

£1.42M2023£1.06M2025
-25%vs 2023

-13.4% a year compound (CAGR)

Employees

172023182025
+5.9%vs 2023+1

Biggest increase

Employees+5.9%

17 in 2023 to 18 in 2025

Biggest decrease

Total Liabilities-25%

£1.42M in 2023 to £1.06M in 2025

SOLCOM LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SOLCOM LIMITED'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
44.02%2025
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
55.98%2025
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
121.01%2025
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
67.74%2025
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 SOLCOM LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£759.42K920.05K1.05M1.08M836.54K
Total Assets£1.85M2.24M2.47M2.41M1.90M
Cash in Bank£915.08K1.55M1.64M1.85M1.29M
Total Liabilities£1.09M1.32M1.42M1.34M1.06M
Employees1013171518

SOLCOM LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SOLCOM LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

SOLCOM LIMITED reported net assets of £836.54K for 2025. That compares with £1.08M in 2024, a change of -22.42%.

SOLCOM LIMITED reported total assets of £1.90M for 2025. That compares with £2.41M in 2024, a change of -21.31%.

SOLCOM LIMITED reported cash in bank of £1.29M for 2025. That compares with £1.85M in 2024, a change of -30.56%.

SOLCOM LIMITED reported 18 employees in 2025, compared with 15 in 2024.

Between 2023 and 2025, SOLCOM LIMITED's net assets fell by 20.6%, cash in bank fell by 21.6%, total assets fell by 23.1% and total liabilities fell by 25%. Net assets contracted at 10.9% a year across the two years to 2025, from £1.05M to £836.54K. Reported headcount went from 17 in 2023 to 18 in 2025 (+1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.