SOLACE ELECTRICAL LIMITED

Company number 08025623 ·

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Net assets, total assets & total liabilities 2016 – 2025

  • Total assets
  • Net assets
  • Total liabilities
-£4m -£2m £0 £2m £4m £6m 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Total assets 2016: £95,015 Total assets 2017: £95,908 Total assets 2018: £60,708 Total assets 2019: £384,718 Total assets 2020: £301,645 Total assets 2021: £1,653,490 Total assets 2022: £1,691,354 Total assets 2023: £4,515,180 Total assets 2024: £3,743,184 Total assets 2025: £3,266,340 Total assets Net assets 2016: £8,002 Net assets 2017: -£47,350 Net assets 2021: £315,843 Net assets 2022: £578,285 Net assets 2023: £989,115 Net assets 2024: £1,281,338 Net assets 2025: £583,467 Net assets Total liabilities 2016: -£70,942 Total liabilities 2017: -£133,294 Total liabilities 2018: -£145,421 Total liabilities 2019: -£276,501 Total liabilities 2020: -£270,862 Total liabilities 2021: -£1,231,995 Total liabilities 2022: -£1,170,712 Total liabilities 2023: -£3,573,535 Total liabilities 2024: -£2,553,992 Total liabilities 2025: -£2,700,408 Total liabilities

Figures extracted from filed accounts. Hover a point for the exact value.

Employees 2024 – 2025

0 5 10 15 20 25 30 2024 2025 2024: 29 2025: 29

Average employees, from filed accounts. Hover a point for the exact figure.

Balance sheet by year 13 years

Latest accounts (2025-04-30): Audit exempt.

Year ending Total assets Total liabilities Net assets Cash Turnover Profit Employees
2025-04-30 £3,266,340 -£2,700,408 £583,467 £577,650 29
2024-04-30 £3,743,184 -£2,553,992 £1,281,338 £458,326 29
2023-04-30 £4,515,180 -£3,573,535 £989,115 £391,851
2022-04-30 £1,691,354 -£1,170,712 £578,285 £75,437
2021-04-30 £1,653,490 -£1,231,995 £315,843 £3,586
2020-04-30 £301,645 -£270,862
2019-04-30 £384,718 -£276,501
2018-04-30 £60,708 -£145,421
2017-04-30 £95,908 -£133,294 -£47,350
2016-04-30 £95,015 -£70,942 £8,002
2015-04-30 £45,924 -£16,733 £39,026 £3,307
2014-04-30 -£1,579 £36,104 £10,253
2013-04-30 -£8,713 £33,393 £8,495

Profit and employee figures are captured from accounts filed from August 2026 onwards, where the accounts disclose them.

Debt & working capital 2025-04-30

Bank borrowings & overdrafts
£29,286
Owed by customers
£1,721,814
Owed to suppliers
£1,431,695