soldo financial services ltd
soldo financial services ltd Company Information
Company Number
09495650
Next Accounts
Sep 2025
Shareholders
soldo software ltd
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
119 marylebone road, c/o wework, london, NW1 5PU
Website
www.soldo.comsoldo financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLDO FINANCIAL SERVICES LTD at £8.9m based on a Turnover of £9.2m and 0.96x industry multiple (adjusted for size and gross margin).
soldo financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLDO FINANCIAL SERVICES LTD at £18.8m based on an EBITDA of £2.7m and a 6.92x industry multiple (adjusted for size and gross margin).
soldo financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLDO FINANCIAL SERVICES LTD at £23.3m based on Net Assets of £10.2m and 2.3x industry multiple (adjusted for liquidity).
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Soldo Financial Services Ltd Overview
Soldo Financial Services Ltd is a live company located in london, NW1 5PU with a Companies House number of 09495650. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2015, it's largest shareholder is soldo software ltd with a 100% stake. Soldo Financial Services Ltd is a established, mid sized company, Pomanda has estimated its turnover at £9.2m with high growth in recent years.
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Soldo Financial Services Ltd Health Check
Pomanda's financial health check has awarded Soldo Financial Services Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £9.2m, make it larger than the average company (£4.8m)
£9.2m - Soldo Financial Services Ltd
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (6.7%)
25% - Soldo Financial Services Ltd
6.7% - Industry AVG
Production
with a gross margin of 69.1%, this company has a lower cost of product (38.2%)
69.1% - Soldo Financial Services Ltd
38.2% - Industry AVG
Profitability
an operating margin of 29.5% make it more profitable than the average company (5.7%)
29.5% - Soldo Financial Services Ltd
5.7% - Industry AVG
Employees
with 35 employees, this is above the industry average (27)
35 - Soldo Financial Services Ltd
27 - Industry AVG
Pay Structure
on an average salary of £62.4k, the company has an equivalent pay structure (£54k)
£62.4k - Soldo Financial Services Ltd
£54k - Industry AVG
Efficiency
resulting in sales per employee of £263.1k, this is more efficient (£171.6k)
£263.1k - Soldo Financial Services Ltd
£171.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Soldo Financial Services Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (32 days)
13 days - Soldo Financial Services Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is less than average (33 days)
16 days - Soldo Financial Services Ltd
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (22 weeks)
12 weeks - Soldo Financial Services Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.5%, this is a higher level of debt than the average (62.4%)
81.5% - Soldo Financial Services Ltd
62.4% - Industry AVG
SOLDO FINANCIAL SERVICES LTD financials
Soldo Financial Services Ltd's latest turnover from December 2023 is £9.2 million and the company has net assets of £10.2 million. According to their latest financial statements, Soldo Financial Services Ltd has 35 employees and maintains cash reserves of £11.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,207,857 | 8,000,512 | 4,593,651 | 4,764,347 | 4,191,085 | 1,426,168 | 325,537 | 2,050 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,844,429 | 2,516,828 | 1,438,625 | 1,428,911 | 1,299,868 | 586,489 | 240,988 | 0 | 0 |
| Gross Profit | 6,363,428 | 5,483,684 | 3,155,026 | 3,335,436 | 2,891,217 | 839,679 | 84,549 | 2,050 | 0 |
| Admin Expenses | 3,650,933 | 2,870,406 | 2,416,269 | 2,222,335 | 1,883,868 | 888,178 | 571,256 | -487,934 | 0 |
| Operating Profit | 2,712,495 | 2,613,278 | 738,757 | 1,113,101 | 1,007,349 | -48,499 | -486,707 | 489,984 | 0 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 765,788 | 119,300 | 44 | 32,842 | 28,426 | 11,589 | 145 | 119 | 0 |
| Pre-Tax Profit | 3,478,283 | 2,732,578 | 738,801 | 1,454,265 | 1,035,775 | -32,164 | -479,447 | -491,236 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 3,478,283 | 2,732,578 | 738,801 | 1,454,265 | 1,035,775 | -32,164 | -479,447 | -491,236 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 3,478,283 | 2,732,578 | 738,801 | 1,454,265 | 1,035,775 | -32,164 | -479,447 | -491,236 | 0 |
| Employee Costs | 2,184,544 | 1,954,887 | 1,561,315 | 1,448,637 | 1,031,210 | 693,255 | 493,453 | 383,631 | 0 |
| Number Of Employees | 35 | 34 | 25 | 23 | 23 | 15 | 11 | 11 | |
| EBITDA* | 2,723,072 | 2,626,676 | 752,740 | 1,120,193 | 1,008,415 | -48,499 | -486,707 | 489,984 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 482 | 1,444 | 5,226 | 6,707 | 10,594 | 0 | 0 | 0 | 0 |
| Intangible Assets | 16,024 | 25,639 | 35,255 | 44,869 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 16,506 | 27,083 | 40,481 | 51,576 | 10,594 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 131,989 | 170,123 | 133,198 | 188,770 | 139,854 | 56,263 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 129,151 | 88,756 | 4,549,700 | 63,085 | 188 | 0 |
| Group Debtors | 444,427 | 0 | 1,223,414 | 538,770 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 189,926 | 179,380 | 21,446 | 342,149 | 329,242 | 0 | 1,254,405 | 17,285 | 401,000 |
| Cash | 11,135,598 | 8,480,522 | 4,984,893 | 3,236,993 | 11,394,841 | 2,264,315 | 1,024,782 | 594,562 | 0 |
| misc current assets | 43,138,903 | 39,542,699 | 30,759,591 | 18,682,309 | 39,673,262 | 12,192,377 | 3,180,573 | 113,009 | 0 |
| total current assets | 55,040,843 | 48,372,724 | 37,122,542 | 23,118,142 | 51,625,955 | 19,062,655 | 5,522,845 | 725,044 | 401,000 |
| total assets | 55,057,349 | 48,399,807 | 37,163,023 | 23,169,718 | 51,636,549 | 19,062,655 | 5,522,845 | 725,044 | 401,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 105,297 | 58,531 | 0 | 0 | 0 | 18,341,153 | 43,482 | 12,060 | 0 |
| Group/Directors Accounts | 1,114,910 | 1,617,590 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 316,415 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 43,675,937 | 40,040,764 | 33,212,679 | 19,958,176 | 49,562,857 | 0 | 4,621,263 | 204,220 | 0 |
| total current liabilities | 44,896,144 | 41,716,885 | 33,212,679 | 19,958,176 | 49,879,272 | 18,341,153 | 4,664,745 | 216,280 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 104,435 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 104,435 | 0 | 0 |
| total liabilities | 44,896,144 | 41,716,885 | 33,212,679 | 19,958,176 | 49,879,272 | 18,341,153 | 4,769,180 | 216,280 | 0 |
| net assets | 10,161,205 | 6,682,922 | 3,950,344 | 3,211,542 | 1,757,277 | 721,502 | 753,665 | 508,764 | 401,000 |
| total shareholders funds | 10,161,205 | 6,682,922 | 3,950,344 | 3,211,542 | 1,757,277 | 721,502 | 753,665 | 508,764 | 401,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 2,712,495 | 2,613,278 | 738,757 | 1,113,101 | 1,007,349 | -48,499 | -486,707 | 489,984 | 0 |
| Depreciation | 962 | 3,782 | 4,368 | 3,887 | 1,066 | 0 | 0 | 0 | 0 |
| Amortisation | 9,615 | 9,616 | 9,615 | 3,205 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | -38,134 | 36,925 | -55,572 | 48,916 | 83,591 | 56,263 | 0 | 0 | 0 |
| Debtors | 454,973 | -1,065,480 | 234,790 | 592,072 | -4,131,702 | 3,232,210 | 1,300,017 | -383,527 | 401,000 |
| Creditors | 46,766 | 58,531 | 0 | 0 | -18,341,153 | 18,297,671 | 31,422 | 12,060 | 0 |
| Accruals and Deferred Income | 3,635,173 | 6,828,085 | 13,254,503 | -29,604,681 | 49,562,857 | -4,621,263 | 4,417,043 | 204,220 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 5,988,172 | 10,541,847 | 13,828,025 | -29,125,476 | 36,278,230 | 10,339,436 | 2,661,741 | 1,089,791 | -401,000 |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -502,680 | 1,617,590 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -316,415 | 316,415 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -104,435 | 104,435 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 765,788 | 119,300 | 44 | 32,842 | 28,426 | 11,589 | 145 | 119 | 0 |
| cash flow from financing | 263,108 | 1,736,890 | 45 | -283,573 | 344,841 | -92,845 | 828,928 | 599,119 | 401,000 |
| cash and cash equivalents | |||||||||
| cash | 2,655,076 | 3,495,629 | 1,747,900 | -8,157,848 | 9,130,526 | 1,239,533 | 430,220 | 594,562 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,655,076 | 3,495,629 | 1,747,900 | -8,157,848 | 9,130,526 | 1,239,533 | 430,220 | 594,562 | 0 |
soldo financial services ltd Credit Report and Business Information
Soldo Financial Services Ltd Competitor Analysis
Perform a competitor analysis for soldo financial services ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in NW1 area or any other competitors across 12 key performance metrics.
soldo financial services ltd Ownership
SOLDO FINANCIAL SERVICES LTD group structure
Soldo Financial Services Ltd has no subsidiary companies.
Ultimate parent company
SOLDO SOFTWARE AND SERVICES LIMITED
IE610465
2 parents
SOLDO FINANCIAL SERVICES LTD
09495650
soldo financial services ltd directors
Soldo Financial Services Ltd currently has 4 directors. The longest serving directors include Mr Dynshaw Italia (Sep 2020) and Mr Furio Pietribiasi (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dynshaw Italia | United Kingdom | 54 years | Sep 2020 | - | Director |
| Mr Furio Pietribiasi | England | 54 years | Dec 2020 | - | Director |
| Mr Sacha Herrmann | United Kingdom | 52 years | Feb 2024 | - | Director |
| Mrs Flavia Alzetta | 58 years | Jun 2024 | - | Director |
P&L
December 2023turnover
9.2m
+15%
operating profit
2.7m
+4%
gross margin
69.2%
+0.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
10.2m
+0.52%
total assets
55.1m
+0.14%
cash
11.1m
+0.31%
net assets
Total assets minus all liabilities
soldo financial services ltd company details
company number
09495650
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON
address
119 marylebone road, c/o wework, london, NW1 5PU
Bank
BARCLAYS BANK PLC
Legal Advisor
FOX WILLIAMS LLP ADDELESHAW GODDARD LLP FOX WILLIAMS LLP
soldo financial services 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 found 2 charges/mortgages relating to soldo financial services ltd. Currently there are 0 open charges and 2 have been satisfied in the past.
soldo financial services 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.
Click to start generating capital raising & share issue transactions for SOLDO FINANCIAL SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
soldo financial services ltd Companies House Filings - See Documents
| date | description | view/download |
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