SOLTYRE LIMITED

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

• Turnover

  -5.4%

  £13,196,805 → £12,487,694

• Cash

  -51.5%

  £244,946 → £118,871

• Net assets

  -62.1%

  £145,147 → £54,991

• Employees

  +1.5%

  68 → 69

• Operating profit

  -266.9%

  £81,163 → -£135,449

• Profit before tax

  -284.3%

  £74,968 → -£138,165

• Wages

  +9.7%

  £2,003,256 → £2,197,586

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. In forming this view, the directors have considered the Company's current financial position, including the result for the year ended 31 December 2024, being a loss before tax of £138k and prepared forecasts and projections covering a period of at least twelve months from the date of approval of these financial statements.”

Significant events

• “Turnover for the year decreased by 5%. This reduction reflects softer trading conditions during parts of the year, particularly in certian market segments, despite steady demand across depots.”
• “The company reported a pre-tax loss of £138,122 compared with a profit of £74,968 in the prior year. The swing into loss was driven primarily by lower revenues and tighter margins, alongside a challenging cost environment.”
• “Management has appointed an Operations Director into Soltyre in 2025 who's focus is to rationalise the business through operation efficiency.”
• “In line with our growth strategy the company continues to assess new opportunities to expand our UK coverage. In addition, the company will continue to invest in innovation and technology to drive operational efficiencies and improve customer experience within our existing operations.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

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