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Company No. 01882065 · Incorporated 31 Jan 1985

Solai Holdings Limited

Registered name: SOLAI HOLDINGS LIMITED

Solai Holdings Limited made £47m profit in the year to 31 Dec 2023 (revenue not disclosed).

Solai Holdings Limited reported £47m profit in the year to 31 Dec 2023, up 194% on the year before; its revenue was not disclosed. It had 0 employees. The company is classified under “other service activities” and is based in Wembley; we hold 2 years of its filed accounts.

Profit onlySection S · Other service activitiesSIC 96090Other service activities n.e.c.
Status
Active
Location
Wembley, London
Age
41 yrs · since 1985
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2023

Key figures

IndependentSmall team
Revenue
—
Not disclosed in filing
Profit
£47m
Growth ▲193.8%
Profit margin
—
 
Employees
0
Change —
Profit / employee
—
 
Profitable streak
2yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 2023
DisclosureProfit onlyProfit only
Profit & loss
Revenue (turnover)——
Profit after tax£16m£47m
Profit (best available)£16m£47m
Employees (average)00
Ratios
Profit margin——
Growth (year on year)
Profit growth—▲193.8%
Balance sheet — indirect signals, not revenue
Cash at bank£40.4m£66m
Net assets£150m£194m
Fixed assets£119m£131m
Current assets£42.8m£72.9m
Debtors£1k£4k
Deferred income£537k£610k
SourceFullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2024
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
▲29%
Now £194m
Cash at bank
▲63%
Now £66m
Headcount
—
Now 0
Deferred income
▲14%
Now £610k
Fixed assets
▲10%
Now £131m

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

Subsidiaries (24)

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £47m), from the Companies House accounts bulk data published Nov 2024. 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.