SOLUM (SW) LTD — The Accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-03-21 (in 10mo)

Last made up 2026-03-07

Watchouts

None on the register

Cash

£568K

-63.2% lowest in 7 filed years

Net assets

£2M

-20.7% vs 2023

Employees

+12.1% highest in 6 filed years

Profit before tax

£123K

-93.9% lowest in 6 filed years

Net assets

9-year trend · vs Industrials median

SOLUM (SW) LTD·Industrials median · n=22756

Accounts

9-year trend · latest reflected 2024-12-31

Metric	2019-01-01	2019-12-31	2020-12-31	2021-01-01	2021-12-31	2022-12-31	2023-01-01	2023-12-31	2024-12-31
Turnover	—	£12,206,552	£7,195,750	—	£10,251,371	£15,534,683	—	£15,459,450	£13,070,576
Operating profit	—	£934,558	£414,890	—	£542,098	£2,770,450	—	£1,999,332	£122,758
Profit before tax	—	£934,558	£414,890	—	£542,137	£2,770,450	—	£1,999,332	£122,758
Net profit	—	£755,875	£333,959	—	—	—	—	£1,527,698	£79,932
Cash	£617,956	£1,224,004	£777,854	—	£1,150,036	£2,610,735	—	£1,545,008	£568,249
Total assets less current liabilities	—	£1,624,152	£1,585,739	—	£1,666,587	£3,806,529	—	£2,779,188	£2,198,899
Net assets	—	£1,606,473	£1,562,944	—	£1,640,545	£3,781,174	—	£2,753,871	£2,183,803
Equity	—	£1,606,473	£1,562,944	—	£1,640,545	£3,781,174	—	£2,753,871	£2,183,803
Average employees	—	67	57	—	57	60	—	66	74
Wages	—	£3,331,917	£2,409,347	—	£2,665,589	£3,593,808	—	£4,167,761	£4,401,486
Directors' remuneration	—	£132,722	£121,271	—	£86,054	£435,123	—	£528,700	£487,142

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

-15.5%

£15,459,450 £13,070,576
Cash

-63.2%

£1,545,008 £568,249

lowest in 7 filed years
Net assets

-20.7%

£2,753,871 £2,183,803
Employees

+12.1%

66 74

highest in 6 filed years
Operating profit

-93.9%

£1,999,332 £122,758

lowest in 6 filed years
Profit before tax

-93.9%

£1,999,332 £122,758

lowest in 6 filed years
Wages

+5.6%

£4,167,761 £4,401,486

highest in 6 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2019-01-01	2019-12-31	2020-12-31	2021-01-01	2021-12-31	2022-12-31	2023-01-01	2023-12-31	2024-12-31
Operating margin	—	7.7%	5.8%	—	5.3%	17.8%	—	12.9%	0.9%
Net margin	—	6.2%	4.6%	—	—	—	—	9.9%	0.6%
Return on capital employed	—	57.5%	26.2%	—	32.5%	72.8%	—	71.9%	5.6%
Gearing (liabilities / total assets)	—	—	—	—	—	—	—	38.4%	41.6%
Current ratio	—	—	—	—	—	—	—	2.57x	2.37x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 2 times since incorporation

SOLUM (SW) LTD 2006-02-27 → present
SOLOM LIMITED 2006-02-13 → 2006-02-27
D.20 SW LIMITED 2006-01-06 → 2006-02-13

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Standalone (parent only)
Auditor: Bishop Fleming Audit Limited
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“We consider the funds available in retained profit and working capital to be sufficient to counter the potential risks and based on this information we believe the group can meet all its financial obligations as they fall due for the foreseeable future. We therefore continue to adopt the going concern basis in presenting the accounts for 2024.”

Significant events

“The business performed well in the year, although we were impacted by the collapse of the ISG Group - a large client in the third quarter, costing around £400k, as well as lost opportunity for profit on the remainder of the unfinished contract.”
“The final deferred consideration payment to the founding directors was made in February 2024, using cash reserves retained from the group's strong financial performance in 2023.”
“Following the final payment of deferred consideration in early 2024, the three founding directors officially resigned from their executive positions at the end of Q1 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

1 active · 8 resigned

Name	Role	Appointed	Born	Nationality
REEVES, Thomas Frederick	Director	2015-11-16	Oct 1975	British

Show 8 resigned officers

Name	Role	Appointed	Resigned
GLEW, Roger John	Secretary	2006-02-13	2010-09-01
TEMPLE SECRETARIES LIMITED	Corporate Nominee Secretary	2006-01-06	2006-02-13
GLEW, Roger John	Director	2006-02-13	2025-04-04
HIGGINBOTTOM, Robert Mark	Director	2013-08-09	2025-04-04
HIGGINBOTTOM, Robert Mark	Director	2007-06-25	2010-09-01
REED, John Nevil	Director	2006-02-13	2013-07-31
ROSE, Jonathan Mark	Director	2007-06-25	2025-04-30
COMPANY DIRECTORS LIMITED	Corporate Nominee Director	2006-01-06	2006-02-13

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Solum Sw Holdings Limited	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2022-03-22	Active
Mr Roger John Glew	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2022-03-22
Mr Robert Mark Higginbottom	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2022-03-22
Mr Jonathan Mark Rose	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2022-03-22

Filing timeline

Last 20 of 91 total filings

Material constitutional events — rename, articles re-file, resolution

2022-04-01 RESOLUTIONS Resolution
2022-04-01 MA Memorandum articles

Date	Type	Category	Description
2026-04-02	AD03	address	Move registers to sail company with new address	PDF
2026-04-02	AD02	address	Change sail address company with new address	PDF
2026-03-31	CS01	confirmation-statement	Confirmation statement with updates	PDF
2025-09-29	AA	accounts	Accounts with accounts type full	PDF
2025-05-13	TM01	officers	Termination director company with name termination date	PDF
2025-04-24	TM01	officers	Termination director company with name termination date	PDF
2025-04-24	TM01	officers	Termination director company with name termination date	PDF
2025-04-08	CS01	confirmation-statement	Confirmation statement with updates	PDF
2025-04-08	CH01	officers	Change person director company with change date	PDF
2024-10-05	AA	accounts	Accounts with accounts type full
2024-03-11	CS01	confirmation-statement	Confirmation statement with updates	PDF
2023-09-29	AA	accounts	Accounts with accounts type full	PDF
2023-03-28	CS01	confirmation-statement	Confirmation statement with updates	PDF
2023-03-28	CH01	officers	Change person director company with change date	PDF
2022-10-05	AA	accounts	Accounts with accounts type full
2022-04-01	RESOLUTIONS	resolution	Resolution
2022-04-01	MA	incorporation	Memorandum articles
2022-03-29	PSC02	persons-with-significant-control	Notification of a person with significant control	PDF
2022-03-29	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2022-03-29	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 5
Capital events: 0
Officers appointed: 0
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page