SOLOMON & WU LTD Financials
- Company number
- 07333135CopyCopy
- Registered office
- Unit Q1 Hawthornes Industrial Est, Middlemore Road, Birmingham, West Midlands B21 0BH
- Incorporated
- 02/08/2010
Company snapshot
- Status
- Active
- Employees
- 21 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-25.05%vs 20232023: £128.95K
Total Assets
6.99%vs 20232023: £485.32K
Cash in Bank
67.37%vs 20232023: £166.08K
Total Liabilities
18.59%vs 20232023: £356.36K
Employees
0vs 20232023: 21
In 2024, SOLOMON & WU LTD reported net assets of £96.65K. The same filing shows total assets of £519.26K, cash in bank of £277.97K and total liabilities of £422.61K. Reported headcount was 21 in 2024. Cash in Bank rose from £166.08K in 2023 to £277.97K in 2024 (67.37%). 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
-25.05%from £128.95K in 2023Year-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 SOLOMON & WU LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+57.5%vs 2022+25.5% a year compound (CAGR)
Cash in Bank
+164%vs 2022+62.5% a year compound (CAGR)
Total Assets
+3.7%vs 2022+1.8% a year compound (CAGR)
Total Liabilities
-3.8%vs 2022-1.9% a year compound (CAGR)
Employees
+16.7%vs 2022+3Biggest increase
Cash in Bank+164%
£105.22K in 2022 to £277.97K in 2024
Biggest decrease
Total Liabilities-3.8%
£439.26K in 2022 to £422.61K in 2024
SOLOMON & WU LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 SOLOMON & WU 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
- 18.61%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
- 81.39%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
- 65.77%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
- 53.53%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 SOLOMON & WU LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 47.88K | 61.38K | 128.95K | 96.65K |
| Total Assets£ | 668.58K | 500.64K | 485.32K | 519.26K |
| Cash in Bank£ | 352.00 | 105.22K | 166.08K | 277.97K |
| Total Liabilities£ | 456.05K | 439.26K | 356.36K | 422.61K |
| Employees | 16 | 18 | 21 | 21 |
SOLOMON & WU LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SOLOMON & WU LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SOLOMON & WU LTD reported net assets of £96.65K for 2024. That compares with £128.95K in 2023, a change of -25.05%.
SOLOMON & WU LTD reported total assets of £519.26K for 2024. That compares with £485.32K in 2023, a change of 6.99%.
SOLOMON & WU LTD reported cash in bank of £277.97K for 2024. That compares with £166.08K in 2023, a change of 67.37%.
SOLOMON & WU LTD reported 21 employees in 2024, compared with 21 in 2023.
Between 2022 and 2024, SOLOMON & WU LTD's net assets rose by 57.5%, cash in bank rose by 164%, total assets rose by 3.7% and total liabilities fell by 3.8%. Net assets compounded at 25.5% a year across the two years to 2024, from £61.38K to £96.65K. Reported headcount went from 18 in 2022 to 21 in 2024 (+3).
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.