SOLUTECH LIMITED Financials
- Company number
- 02902048CopyCopy
- Registered office
- C/O Solutech Barlow Drive, Woodford Park Industrial Estate, Winsford CW7 2JZ
- Incorporated
- 24/02/1994
Company snapshot
- Status
- Active
- Employees
- 10 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
19.63%vs 20222022: £963.69K
Cash in Bank
51.63%vs 20222022: £626.50K
Employees
+1vs 20222022: 9
In 2023, SOLUTECH LIMITED reported net assets of £1.15M. The same filing shows cash in bank of £949.93K. Reported headcount was 10 in 2023. Cash in Bank rose from £626.50K in 2022 to £949.93K in 2023 (51.63%). Okredo holds filed figures for 2021–2023; 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
19.63%from £963.69K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures SOLUTECH LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+25.4%vs 2021+12% a year compound (CAGR)
Cash in Bank
+144%vs 2021+56.2% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Cash in Bank+144%
£389.36K in 2021 to £949.93K in 2023
Every measure that changed in SOLUTECH LIMITED's filings between 2021 and 2023 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets climbing alongside it. See the full year-by-year figures.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SOLUTECH LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 919.13K | 963.69K | 1.15M |
| Total Assets£ | – | – | – |
| Cash in Bank£ | 389.36K | 626.50K | 949.93K |
| Total Liabilities£ | – | – | – |
| Employees | 10 | 9 | 10 |
SOLUTECH LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SOLUTECH LIMITED covering 2021–2023, across 3 reported indicators. The most recent reported year is 2023.
SOLUTECH LIMITED reported net assets of £1.15M for 2023. That compares with £963.69K in 2022, a change of 19.63%.
SOLUTECH LIMITED reported cash in bank of £949.93K for 2023. That compares with £626.50K in 2022, a change of 51.63%.
SOLUTECH LIMITED reported 10 employees in 2023, compared with 9 in 2022.
Between 2021 and 2023, SOLUTECH LIMITED's net assets rose by 25.4%, cash in bank rose by 144% and employee numbers was unchanged. Net assets compounded at 12% a year across the two years to 2023, from £919.13K to £1.15M. Reported headcount went from 10 in 2021 to 10 in 2023.
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.