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Company No. 01542797 · Incorporated 2 Feb 1981

Solotech UK Group Ltd

Registered name: SOLOTECH UK GROUP LTD

Part of Solotech UK Corporation Ltd group

Solotech 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.

Full P&L filedSection R · Arts, entertainment and recreationSIC 90020Support activities to performing arts
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”

Latest accounts · year to 22 Feb 2025

Key figures

Revenue
£57.5m
Growth —
Profit
−£406k
Growth —
Profit margin
−0.7%
Gross 31.3%
Employees
286
Change —
Profit / employee
−£1.4k
Revenue/employee £201k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to22 Feb 2025
DisclosureFull 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 margin31.3%
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
SourceFullAccounts · bulk data Nov 2025
Derived from the latest filing

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.
Indirect — not revenue

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.

Corporate ownership

Group structure

Ownership chain

  1. Solotech UK Corporation Ltdultimate parent75–100%
  2. Sse Audio Group Holdings Limited75–100%
  3. Solotech UK Group Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (8)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.