solvo vir ltd
solvo vir ltd Company Information
Company Number
07943590
Next Accounts
Nov 2025
Shareholders
carl smith
damian reed
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
63 earle street, crewe, CW1 2AS
Website
www.solvovir.co.uksolvo vir ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLVO VIR LTD at £267.4k based on a Turnover of £672.7k and 0.4x industry multiple (adjusted for size and gross margin).
solvo vir ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLVO VIR LTD at £0 based on an EBITDA of £-19.6k and a 2.91x industry multiple (adjusted for size and gross margin).
solvo vir ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLVO VIR LTD at £0 based on Net Assets of £-511.6k and 2.13x industry multiple (adjusted for liquidity).
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Solvo Vir Ltd Overview
Solvo Vir Ltd is a live company located in crewe, CW1 2AS with a Companies House number of 07943590. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2012, it's largest shareholder is carl smith with a 50% stake. Solvo Vir Ltd is a established, small sized company, Pomanda has estimated its turnover at £672.7k with declining growth in recent years.
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Solvo Vir Ltd Health Check
Pomanda's financial health check has awarded Solvo Vir Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £672.7k, make it smaller than the average company (£4m)
- Solvo Vir Ltd
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of -33%, show it is growing at a slower rate (8.1%)
- Solvo Vir Ltd
8.1% - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (38.3%)
- Solvo Vir Ltd
38.3% - Industry AVG
Profitability
an operating margin of -2.9% make it less profitable than the average company (5.7%)
- Solvo Vir Ltd
5.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (24)
5 - Solvo Vir Ltd
24 - Industry AVG
Pay Structure
on an average salary of £49.7k, the company has an equivalent pay structure (£49.7k)
- Solvo Vir Ltd
£49.7k - Industry AVG
Efficiency
resulting in sales per employee of £134.5k, this is equally as efficient (£153.8k)
- Solvo Vir Ltd
£153.8k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (39 days)
- Solvo Vir Ltd
39 days - Industry AVG
Creditor Days
its suppliers are paid after 369 days, this is slower than average (33 days)
- Solvo Vir Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Solvo Vir Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Solvo Vir Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1056%, this is a higher level of debt than the average (60.7%)
1056% - Solvo Vir Ltd
60.7% - Industry AVG
SOLVO VIR LTD financials
Solvo Vir Ltd's latest turnover from February 2024 is estimated at £672.7 thousand and the company has net assets of -£511.6 thousand. According to their latest financial statements, Solvo Vir Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Mar 2015 | Oct 2013 | Jan 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 5 | 11 | 12 | 27 | 42 | 36 | 28 | 22 | 6 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Mar 2015 | Oct 2013 | Jan 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,040 | 30,041 | 35,342 | 41,579 | 46,362 | 40,912 | 8,110 | 269 | 369 | 554 | 739 | 985 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 30,040 | 30,041 | 35,342 | 41,579 | 46,362 | 40,912 | 8,110 | 269 | 369 | 554 | 739 | 985 |
| Stock & work in progress | ||||||||||||
| Trade Debtors | 23,474 | 118,749 | 990,056 | 948,122 | 1,230,463 | 844,365 | 774,576 | 735,847 | 161,865 | 52,954 | 2,915 | 10,197 |
| Group Debtors | ||||||||||||
| Misc Debtors | 33,742 | 31,453 | 42,792 | 160,638 | 75,174 | 10,199 | 25,239 | 3,323 | ||||
| Cash | 57,360 | 312,501 | 122,593 | 143,385 | 179,485 | 47,991 | 9,461 | 77,372 | 293 | 1 | ||
| misc current assets | ||||||||||||
| total current assets | 23,474 | 209,851 | 990,056 | 1,292,076 | 1,395,848 | 1,148,388 | 1,029,235 | 794,037 | 196,565 | 133,649 | 3,208 | 10,198 |
| total assets | 53,514 | 239,892 | 1,025,398 | 1,333,655 | 1,442,210 | 1,189,300 | 1,037,345 | 794,306 | 196,934 | 134,203 | 3,947 | 11,183 |
| Bank overdraft | 152,034 | 158,946 | 181,789 | 177,461 | 67,971 | 20,000 | 20,000 | 20,000 | 7,814 | |||
| Bank loan | ||||||||||||
| Trade Creditors | 565,093 | 58,089 | 511,315 | 54,777 | 120,813 | 88,830 | 80,278 | 61,510 | 8,874 | 17,548 | 11,210 | 19,955 |
| Group/Directors Accounts | 8,127 | |||||||||||
| other short term finances | 1,658 | 3,723 | 5,057 | 1,059 | ||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 423,458 | 337,427 | 588,046 | 315,672 | 481,326 | 410,597 | 29,859 | |||||
| total current liabilities | 565,093 | 635,239 | 511,315 | 554,873 | 895,705 | 583,022 | 629,575 | 492,107 | 66,860 | 37,548 | 19,024 | 19,955 |
| loans | 77,500 | 518,536 | 277,786 | 417,549 | 257,123 | 241,702 | 60,000 | 80,000 | ||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 232,012 | |||||||||||
| provisions | 7,491 | 6,715 | 345 | 345 | 345 | 345 | 345 | 345 | 345 | 345 | 197 | |
| total long term liabilities | 84,991 | 238,727 | 518,881 | 278,131 | 417,894 | 257,468 | 242,047 | 60,345 | 80,345 | 345 | 197 | |
| total liabilities | 565,093 | 720,230 | 750,042 | 1,073,754 | 1,173,836 | 1,000,916 | 887,043 | 734,154 | 127,205 | 117,893 | 19,369 | 20,152 |
| net assets | -511,579 | -480,338 | 275,356 | 259,901 | 268,374 | 188,384 | 150,302 | 60,152 | 69,729 | 16,310 | -15,422 | -8,969 |
| total shareholders funds | -511,579 | -480,338 | 275,356 | 259,901 | 268,374 | 188,384 | 150,302 | 60,152 | 69,729 | 16,310 | -15,422 | -8,969 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Mar 2015 | Oct 2013 | Jan 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 5,301 | 6,237 | 7,337 | 8,182 | 1,225 | 1,430 | 100 | 185 | 185 | 246 | 329 | |
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | ||||||||||||
| Debtors | -129,017 | -837,565 | 10,481 | -293,680 | 268,252 | 155,253 | 103,704 | 558,942 | 130,827 | 56,277 | 2,915 | 10,197 |
| Creditors | 507,004 | -453,226 | 456,538 | -66,036 | 31,983 | 8,552 | 18,768 | 52,636 | -8,674 | 17,548 | 11,210 | 19,955 |
| Accruals and Deferred Income | -423,458 | 423,458 | -337,427 | -250,619 | 272,374 | -165,654 | 70,729 | 380,738 | 29,859 | |||
| Deferred Taxes & Provisions | -7,491 | 776 | 6,370 | 345 | 345 | 197 | ||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -8,127 | 8,127 | ||||||||||
| Other Short Term Loans | -1,658 | 1,658 | -3,723 | -1,334 | 3,998 | 1,059 | ||||||
| Long term loans | -77,500 | 77,500 | -518,536 | 240,750 | -139,763 | 160,426 | 15,421 | 181,702 | -20,000 | 80,000 | ||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -232,012 | 232,012 | ||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -57,360 | 57,360 | -312,501 | 189,908 | -20,792 | -36,100 | 131,494 | 38,530 | -67,911 | 77,372 | 293 | 1 |
| overdraft | -152,034 | 152,034 | -158,946 | -22,843 | 4,328 | 109,490 | 47,971 | 20,000 | 7,814 | |||
| change in cash | 94,674 | -94,674 | -153,555 | 212,751 | -25,120 | -145,590 | 83,523 | 38,530 | -67,911 | 57,372 | -7,521 | 1 |
solvo vir ltd Credit Report and Business Information
Solvo Vir Ltd Competitor Analysis
Perform a competitor analysis for solvo vir ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CW1 area or any other competitors across 12 key performance metrics.
solvo vir ltd Ownership
SOLVO VIR LTD group structure
Solvo Vir Ltd has no subsidiary companies.
Ultimate parent company
SOLVO VIR LTD
07943590
solvo vir ltd directors
Solvo Vir Ltd currently has 2 directors. The longest serving directors include Mr Carl Smith (Feb 2012) and Mr Damian Reed (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Carl Smith | England | 53 years | Feb 2012 | - | Director |
| Mr Damian Reed | England | 49 years | Jan 2015 | - | Director |
P&L
February 2024turnover
672.7k
+36%
operating profit
-19.6k
0%
gross margin
17.1%
-2.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-511.6k
+0.07%
total assets
53.5k
-0.78%
cash
0
-1%
net assets
Total assets minus all liabilities
solvo vir ltd company details
company number
07943590
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 2012
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
63 earle street, crewe, CW1 2AS
Bank
-
Legal Advisor
-
solvo vir 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 solvo vir ltd.
solvo vir 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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solvo vir ltd Companies House Filings - See Documents
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