solaris marine (holdings) limited
solaris marine (holdings) limited Company Information
Company Number
10771470
Next Accounts
Mar 2025
Industry
Building of ships and floating structures
Agents involved in the sale of machinery, industrial equipment, ships and aircraft
Shareholders
guizhi sun
ningyuan deng
Group Structure
View All
Contact
Registered Address
5 berrymoor court, northumberland business park, cramlington, NE23 7RZ
Website
-solaris marine (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of SOLARIS MARINE (HOLDINGS) LIMITED at £75.1k based on a Turnover of £161.6k and 0.46x industry multiple (adjusted for size and gross margin).
solaris marine (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of SOLARIS MARINE (HOLDINGS) LIMITED at £0 based on an EBITDA of £0 and a 2.12x industry multiple (adjusted for size and gross margin).
solaris marine (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of SOLARIS MARINE (HOLDINGS) LIMITED at £3.4k based on Net Assets of £1.8k and 1.92x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Solaris Marine (holdings) Limited Overview
Solaris Marine (holdings) Limited is a live company located in cramlington, NE23 7RZ with a Companies House number of 10771470. It operates in the building of ships and floating structures sector, SIC Code 30110. Founded in May 2017, it's largest shareholder is guizhi sun with a 50% stake. Solaris Marine (holdings) Limited is a young, micro sized company, Pomanda has estimated its turnover at £161.6k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Solaris Marine (holdings) Limited Health Check
Pomanda's financial health check has awarded Solaris Marine (Holdings) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £161.6k, make it smaller than the average company (£51.8m)
- Solaris Marine (holdings) Limited
£51.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (8%)
- Solaris Marine (holdings) Limited
8% - Industry AVG
Production
with a gross margin of 22.3%, this company has a higher cost of product (42.3%)
- Solaris Marine (holdings) Limited
42.3% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Solaris Marine (holdings) Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (62)
1 - Solaris Marine (holdings) Limited
62 - Industry AVG
Pay Structure
on an average salary of £84.6k, the company has an equivalent pay structure (£84.6k)
- Solaris Marine (holdings) Limited
£84.6k - Industry AVG
Efficiency
resulting in sales per employee of £161.6k, this is less efficient (£863.5k)
- Solaris Marine (holdings) Limited
£863.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Solaris Marine (holdings) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (33 days)
- Solaris Marine (holdings) Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Solaris Marine (holdings) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Solaris Marine (holdings) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56%, this is a lower level of debt than the average (64.4%)
56% - Solaris Marine (holdings) Limited
64.4% - Industry AVG
SOLARIS MARINE (HOLDINGS) LIMITED financials
Solaris Marine (Holdings) Limited's latest turnover from June 2023 is estimated at £161.6 thousand and the company has net assets of £1.8 thousand. According to their latest financial statements, Solaris Marine (Holdings) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 4,000 | 4,000 | 202,000 | 202,000 | 202,000 | 202,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 500,000 | 500,000 | 500,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,000 | 4,000 | 702,000 | 702,000 | 702,000 | 202,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 500,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 0 | 0 | 0 | 0 | 500,000 |
| total assets | 4,000 | 4,000 | 702,000 | 702,000 | 702,000 | 702,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,240 | 2,240 | 202,240 | 202,240 | 202,240 | 202,240 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,240 | 2,240 | 202,240 | 202,240 | 202,240 | 202,240 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,240 | 2,240 | 202,240 | 202,240 | 202,240 | 202,240 |
| net assets | 1,760 | 1,760 | 499,760 | 499,760 | 499,760 | 499,760 |
| total shareholders funds | 1,760 | 1,760 | 499,760 | 499,760 | 499,760 | 499,760 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | ||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | -500,000 | 500,000 |
| Creditors | 0 | -200,000 | 0 | 0 | 0 | 202,240 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | -500,000 | 0 | 0 | 500,000 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
solaris marine (holdings) limited Credit Report and Business Information
Solaris Marine (holdings) Limited Competitor Analysis
Perform a competitor analysis for solaris marine (holdings) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in NE23 area or any other competitors across 12 key performance metrics.
solaris marine (holdings) limited Ownership
SOLARIS MARINE (HOLDINGS) LIMITED group structure
Solaris Marine (Holdings) Limited has 3 subsidiary companies.
Ultimate parent company
SOLARIS MARINE (HOLDINGS) LIMITED
10771470
3 subsidiaries
solaris marine (holdings) limited directors
Solaris Marine (Holdings) Limited currently has 2 directors. The longest serving directors include Mr Ningyuan Deng (May 2017) and Mr Ningyuan Deng (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ningyuan Deng | United Kingdom | 52 years | May 2017 | - | Director |
| Mr Ningyuan Deng | United Kingdom | 52 years | May 2017 | - | Director |
P&L
June 2023turnover
161.6k
-13%
operating profit
0
0%
gross margin
22.3%
+70.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.8k
0%
total assets
4k
0%
cash
0
0%
net assets
Total assets minus all liabilities
solaris marine (holdings) limited company details
company number
10771470
Type
Private limited with Share Capital
industry
30110 - Building of ships and floating structures
46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft
06100 - Extraction of crude petroleum
incorporation date
May 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
solaris marine limited (July 2024)
accountant
-
auditor
-
address
5 berrymoor court, northumberland business park, cramlington, NE23 7RZ
Bank
-
Legal Advisor
-
solaris marine (holdings) limited 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 solaris marine (holdings) limited.
solaris marine (holdings) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
