Register to unlock more data on OkredoRegister
Active

SOLTECH IT LIMITED Financials

Company number
06935731Copy
Copy
Registered office
Brookleigh Milley Road, Waltham St. Lawrence, Reading, Berkshire RG10 0JR
Incorporated
16/06/2009

Company snapshot

Status
Active
Employees
25 (2025)
Latest financial data
2025
Accounts type
Unaudited abridged

Financial highlights

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

Net Assets

£336.97K2025
99.69%vs 2024

2024: £168.74K

Total Assets

£751.10K2025
9.19%vs 2024

2024: £687.86K

Cash in Bank

£429.76K2025
37.14%vs 2024

2024: £313.37K

Total Liabilities

£411.32K2025
-19.23%vs 2024

2024: £509.26K

Employees

252025
+1vs 2024

2024: 24

In 2025, SOLTECH IT LIMITED reported net assets of £336.97K. The same filing shows total assets of £751.10K, cash in bank of £429.76K and total liabilities of £411.32K. Reported headcount was 25 in 2025. Net Assets rose from £168.74K in 2024 to £336.97K in 2025 (99.69%). 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

£336.97K2025
99.69%from £168.74K 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 SOLTECH IT LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£340.00K2023£336.97K2025
-0.9%vs 2023

-0.4% a year compound (CAGR)

Cash in Bank

£473.51K2023£429.76K2025
-9.2%vs 2023

-4.7% a year compound (CAGR)

Total Assets

£924.45K2023£751.10K2025
-18.8%vs 2023

-9.9% a year compound (CAGR)

Total Liabilities

£562.75K2023£411.32K2025
-26.9%vs 2023

-14.5% a year compound (CAGR)

Employees

162023252025
+56.3%vs 2023+9

Biggest increase

Employees+56.3%

16 in 2023 to 25 in 2025

Biggest decrease

Total Liabilities-26.9%

£562.75K in 2023 to £411.32K in 2025

SOLTECH IT 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 SOLTECH IT 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
44.86%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
54.76%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
104.48%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
57.22%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 SOLTECH IT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£262.24K247.61K340.00K168.74K336.97K
Total Assets£511.18K560.01K924.45K687.86K751.10K
Cash in Bank£302.78K287.12K473.51K313.37K429.76K
Total Liabilities£248.93K312.41K562.75K509.26K411.32K
Employees1211162425

SOLTECH IT LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

SOLTECH IT LIMITED reported net assets of £336.97K for 2025. That compares with £168.74K in 2024, a change of 99.69%.

SOLTECH IT LIMITED reported total assets of £751.10K for 2025. That compares with £687.86K in 2024, a change of 9.19%.

SOLTECH IT LIMITED reported cash in bank of £429.76K for 2025. That compares with £313.37K in 2024, a change of 37.14%.

SOLTECH IT LIMITED reported 25 employees in 2025, compared with 24 in 2024.

Between 2023 and 2025, SOLTECH IT LIMITED's net assets fell by 0.9%, cash in bank fell by 9.2%, total assets fell by 18.8% and total liabilities fell by 26.9%. Net assets contracted at 0.4% a year across the two years to 2025, from £340.00K to £336.97K. Reported headcount went from 16 in 2023 to 25 in 2025 (+9).

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.