solace international trading ltd

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solace international trading ltd Company Information

Share SOLACE INTERNATIONAL TRADING LTD

Company Number

07422510

Directors

Alan Rutland

Shareholders

fabian francisco gomez

Group Structure

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Industry

Manufacture of other articles of paper and paperboard

 

Registered Address

62a st john's grove, london, N19 5RP

Website

-

solace international trading ltd Estimated Valuation

£63.6k

Pomanda estimates the enterprise value of SOLACE INTERNATIONAL TRADING LTD at £63.6k based on a Turnover of £206.5k and 0.31x industry multiple (adjusted for size and gross margin).

solace international trading ltd Estimated Valuation

£81.9k

Pomanda estimates the enterprise value of SOLACE INTERNATIONAL TRADING LTD at £81.9k based on an EBITDA of £32.7k and a 2.5x industry multiple (adjusted for size and gross margin).

solace international trading ltd Estimated Valuation

£38.4k

Pomanda estimates the enterprise value of SOLACE INTERNATIONAL TRADING LTD at £38.4k based on Net Assets of £27.3k and 1.4x industry multiple (adjusted for liquidity).

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Solace International Trading Ltd Overview

Solace International Trading Ltd is a live company located in london, N19 5RP with a Companies House number of 07422510. It operates in the manufacture of other articles of paper and paperboard n.e.c. sector, SIC Code 17290. Founded in October 2010, it's largest shareholder is fabian francisco gomez with a 100% stake. Solace International Trading Ltd is a established, micro sized company, Pomanda has estimated its turnover at £206.5k with healthy growth in recent years.

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Solace International Trading Ltd Health Check

Pomanda's financial health check has awarded Solace International Trading Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £206.5k, make it smaller than the average company (£14.4m)

£206.5k - Solace International Trading Ltd

£14.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.5%)

5% - Solace International Trading Ltd

7.5% - Industry AVG

production

Production

with a gross margin of 26.9%, this company has a comparable cost of product (26.9%)

26.9% - Solace International Trading Ltd

26.9% - Industry AVG

profitability

Profitability

an operating margin of 15.8% make it more profitable than the average company (5.3%)

15.8% - Solace International Trading Ltd

5.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (69)

1 - Solace International Trading Ltd

69 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)

£40.1k - Solace International Trading Ltd

£40.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £206.5k, this is equally as efficient (£206.5k)

£206.5k - Solace International Trading Ltd

£206.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Solace International Trading Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Solace International Trading Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Solace International Trading Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 442 weeks, this is more cash available to meet short term requirements (7 weeks)

442 weeks - Solace International Trading Ltd

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 65.2%, this is a higher level of debt than the average (50.3%)

65.2% - Solace International Trading Ltd

50.3% - Industry AVG

SOLACE INTERNATIONAL TRADING LTD financials

EXPORTms excel logo

Solace International Trading Ltd's latest turnover from October 2024 is estimated at £206.5 thousand and the company has net assets of £27.3 thousand. According to their latest financial statements, Solace International Trading Ltd has 1 employee and maintains cash reserves of £76.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Turnover206,536216,252183,912179,291169,521159,914150,210162,678374,421306,15299,72866,35249,11826,495
Other Income Or Grants
Cost Of Sales150,944159,805138,843131,173128,499119,664110,457118,653264,937224,09373,45149,03936,91819,947
Gross Profit55,59256,44645,06948,11841,02240,25039,75344,025109,48482,05926,27717,31312,2006,548
Admin Expenses22,890160,17875,16455,7023,57325,38637,55124,654101,08945,10820,8976,94515,982-27,762
Operating Profit32,702-103,732-30,095-7,58437,44914,8642,20219,3718,39536,9515,38010,368-3,78234,310
Interest Payable
Interest Receivable3,1982,5634,6935127713,332239892655627812488
Pre-Tax Profit35,900-101,168-25,403-7,07138,22018,1962,44119,4608,42137,0065,44110,446-3,65834,397
Tax-8,975-7,262-3,457-464-3,697-1,684-7,401-1,143-2,403-8,943
Profit After Tax26,925-101,168-25,403-7,07130,95814,7391,97715,7626,73729,6054,2998,044-3,65825,454
Dividends Paid
Retained Profit26,925-101,168-25,403-7,07130,95814,7391,97715,7626,73729,6054,2998,044-3,65825,454
Employee Costs40,12938,13036,09134,21934,12834,12833,01531,91198,67363,11131,34529,55429,72929,197
Number Of Employees11111111321111
EBITDA*32,702-103,732-30,095-7,58437,44914,8642,20219,3718,39536,9515,38010,368-3,78234,310

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors66,67357,57930,69518,39912,2022,446
Group Debtors
Misc Debtors2,3642,36457,57312,1868,83911289,87627,339119121
Cash76,06751,84545,805371,323653,256888,65063,7187,15113,9687,93016,68914,57835,043
misc current assets
total current assets78,43154,209103,378383,510662,096888,76289,87691,05873,94471,66838,62535,08826,78037,489
total assets78,43154,209103,378383,510662,096888,76289,87691,05873,94471,66838,62535,08826,78037,489
Bank overdraft
Bank loan
Trade Creditors 4,3795,1464,89211,877
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities8,93811,6401,8161,9405,6307,2991,5284,6903,3447,803
total current liabilities8,93811,6401,8171,9415,6307,2991,5284,6903,3457,8044,3795,1464,89211,877
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities42,17242,172254,596522,421778,392
provisions
total long term liabilities42,17342,173254,596522,422778,393
total liabilities51,11153,8131,817256,537528,052785,6921,5284,6903,3457,8044,3795,1464,89211,877
net assets27,320395101,562126,972134,044103,07088,34886,36770,59963,86534,24729,94221,88925,612
total shareholders funds27,320395101,562126,972134,044103,07088,34886,36770,59963,86534,24729,94221,88925,612
Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Operating Activities
Operating Profit32,702-103,732-30,095-7,58437,44914,8642,20219,3718,39536,9515,38010,368-3,78234,310
Depreciation
Amortisation
Tax-8,975-7,262-3,457-464-3,697-1,684-7,401-1,143-2,403-8,943
Stock
Debtors-55,20945,3873,3478,727-89,76462,537-39,4539,09227,00512,2966,1979,7562,446
Creditors-4,379-767254-6,98511,877
Accruals and Deferred Income-2,7029,824-124-3,690-1,6695,771-3,1621,346-4,4597,803
Deferred Taxes & Provisions
Cash flow from operations21,025-38,699-75,606-14,62119,791106,942-63,96156,473-6,8405,969-8,8262,022-20,52334,798
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities42,172-254,596-267,825-255,971778,392
share issue2-8-116-1746-313610-65158
interest3,1982,5634,6935127713,332239892655627812488
cash flow from financing3,19844,737-249,911-267,314-255,184781,707243952368688859246
cash and cash equivalents
cash24,2236,040-325,518-281,933-235,394888,650-63,71856,567-6,8166,038-8,7582,111-20,46535,043
overdraft
change in cash24,2236,040-325,518-281,933-235,394888,650-63,71856,567-6,8166,038-8,7582,111-20,46535,043

solace international trading ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Solace International Trading Ltd Competitor Analysis

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Perform a competitor analysis for solace international trading ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in N19 area or any other competitors across 12 key performance metrics.

solace international trading ltd Ownership

SOLACE INTERNATIONAL TRADING LTD group structure

Solace International Trading Ltd has no subsidiary companies.

Ultimate parent company

SOLACE INTERNATIONAL TRADING LTD

07422510

SOLACE INTERNATIONAL TRADING LTD Shareholders

fabian francisco gomez 100%

solace international trading ltd directors

Solace International Trading Ltd currently has 1 director, Mr Alan Rutland serving since Dec 2015.

officercountryagestartendrole
Mr Alan RutlandUnited Kingdom68 years Dec 2015- Director

P&L

October 2024

turnover

206.5k

-4%

operating profit

32.7k

0%

gross margin

27%

+3.12%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2024

net assets

27.3k

+68.11%

total assets

78.4k

+0.45%

cash

76.1k

+0.47%

net assets

Total assets minus all liabilities

solace international trading ltd company details

company number

07422510

Type

Private limited with Share Capital

industry

17290 - Manufacture of other articles of paper and paperboard

incorporation date

October 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2024

previous names

N/A

accountant

-

auditor

-

address

62a st john's grove, london, N19 5RP

Bank

-

Legal Advisor

-

solace international trading ltd Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to solace international trading ltd.

solace international trading ltd Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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solace international trading ltd Companies House Filings - See Documents

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