Solotech UK Group Ltd
Registered name: SOLOTECH UK GROUP LTD
Part of Solotech UK Corporation Ltd groupSolotech UK Group Ltd made £57.5m revenue and a £406k loss in the year to 22 Feb 2025.
Solotech UK Group Ltd’s revenue was £57.5m in the year to 22 Feb 2025, with a loss of £406k and 286 employees. The company is classified under “support activities to performing arts” and is based in Solihull.
- Status
- Active
- Location
- Solihull, West Midlands
- Age
- 45 yrs · since 1981
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Solotech UK Corporation Ltd”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 22 Feb 2025 |
|---|---|
| Disclosure | Full P&L |
| Profit & loss | |
| Revenue (turnover) | £57.5m |
| Cost of sales | £39.5m |
| Gross profit | £18m |
| Operating profit | −£432k |
| Profit before tax | −£1.2m |
| Profit after tax | −£406k |
| Profit (best available) | −£406k |
| Staff costs | £14.8m |
| Employees (average) | 286 |
| Ratios | |
| Profit margin | −0.7% |
| Gross margin | 31.3% |
| Revenue per employee | £201k |
| Profit per employee | −£1.4k |
| Balance sheet — indirect signals, not revenue | |
| Cash at bank | £1.3m |
| Net assets | £16.7m |
| Fixed assets | £39.5m |
| Current assets | £18.5m |
| Debtors | £6.1m |
| Deferred income | £7.4m |
| Source | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −0.7%
- Profit ÷ revenue.
- Gross margin
- 31.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £201k
- Revenue ÷ average employees.
- Profit per employee
- −£1.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 68.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 12.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.6%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now £16.7m
- Cash at bank
- —
- Now £1.3m
- Headcount
- —
- Now 286
- Deferred income
- —
- Now £7.4m
- Fixed assets
- —
- Now £39.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Solotech UK Corporation Ltdultimate parent75–100%
- Sse Audio Group Holdings Limited75–100%
- Solotech UK Group Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (8)
- BCS Audio LimitedFigures not disclosed
- BCS Manufacturing LimitedFigures not disclosed
- Canegreen LimitedFigures not disclosed
- Capital Sound Hire LimitedFigures not disclosed
- Eta Sound LtdFigures not disclosed
- Sse Audio Group LimitedFigures not disclosed
- Sse Hire LimitedFigures not disclosed
- Wigwam Acoustics LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Sentric Music LimitedLiverpool · Support activities to performing arts
- Revenue
- £56.4m
- Profit
- £920k
- Staff
- 120
- Off the Kerb Productions LimitedLondon · Support activities to performing arts
- Revenue
- £41.6m
- Profit
- £799k
- Staff
- 37
- Adlib Audio LimitedPrescot · Support activities to performing arts
- Revenue
- £30.3m
- Profit
- £1.6m
- Staff
- 217
- Unusual Rigging LimitedLondon · Support activities to performing arts
- Revenue
- £27.4m
- Profit
- £3.4m
- Staff
- 76
- Cherry Pick Talent Ltd.Brentwood · Support activities to performing arts
- Revenue
- £24.4m
- Profit
- £452k
- Staff
- 10
- Leisuretec Distribution LimitedLeighton Buzzard · Support activities to performing arts
- Revenue
- £24.1m
- Profit
- £2.1m
- Staff
- 28
Sources
Latest figures from FullAccounts for the year to 22 Feb 2025 (profit −£406k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.