{"name":"SOLAPAK SYSTEMS LIMITED","company_number":"04594857","status":"Active","type":"Private Limited Company","incorporated":"2002-11-19","dissolved":null,"registered_office":"2 Victoria Hall, Coombe Lane, Axminster, England, EX13 5AX","postcode":"EX13 5AX","sic_codes":[{"code":27900,"description":"Manufacture of other electrical equipment"}],"principal_activity":null,"previous_names":[{"name":"TRACKVALLEY LIMITED","changed_on":"2003-01-14"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 March","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":{"count":5,"accounts_date":"2025-03-31"},"financials":[{"financial_date":"2025-03-31","net_assets":247903,"cash":153658,"average_employees":5},{"financial_date":"2024-03-31","net_assets":188352,"cash":498776,"average_employees":5},{"financial_date":"2023-03-31","net_assets":110653,"cash":287239},{"financial_date":"2021-12-31","net_assets":341399,"cash":435754},{"financial_date":"2020-12-31","net_assets":240649}],"officers":{"current":4,"resigned":3,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[{"date":"2026-10-06","kind":"other"}],"insolvency_outcome":null,"ai_summary":"Solapak Systems Limited presents an improving credit profile with net assets growing 31.6% to £247,903 and a strong current ratio of 3.24x, supported by £153,658 in cash. The significant de-leveraging of current liabilities from £540,221 to £65,883 is positive, though the absence of P&L disclosure and the substantial cash reduction require explanation. A conditional approval is recommended, contingent on receiving profit and loss information, clarifying long-term loan terms, and confirming the ongoing revenue pipeline following the completion of what appears to be a major contract.","website":"https://solapaksystems.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/solapak-systems","people":"https://www.companiesintheuk.co.uk/company/solapak-systems/people","filing_history":"https://www.companiesintheuk.co.uk/company/solapak-systems/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04594857","financials":"https://www.companiesintheuk.co.uk/company/solapak-systems/financial","gazette":"https://www.companiesintheuk.co.uk/company/solapak-systems/gazette","control":"https://www.companiesintheuk.co.uk/company/solapak-systems/control","charges":"https://www.companiesintheuk.co.uk/company/solapak-systems/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/solapak-systems/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/solapak-systems"}