Skip to content
CompanySight
Company No. 12997935 · Incorporated 4 Nov 2020

Solomon Global Ltd

Registered name: SOLOMON GLOBAL LTD

Solomon Global Ltd made £13m revenue and £338k profit in the year to 31 Dec 2024. read from filing text

Solomon Global Ltd’s revenue fell 7% to £13m in the year to 31 Dec 2024, with £338k profit and 13 employees. The company is classified under “agents specialized in the sale of other particular products” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46180Agents specialized in the sale of other particular productsSIC 47910Retail sale via mail order houses or via Internet
Status
Active
Location
London, London
Age
5 yrs · since 2020
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightYoung and profitable
Revenue
£13m
Growth ▼6.8%
Profit
£338k
Growth ▼56.8%
Profit margin
2.6%
Gross 18.9%
Employees
13
Change ▼7.1%
Profit / employee
£26k
Revenue/employee £1m
Profitable streak
2yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£12.5m£14m£13m
Cost of sales£9.5m£11.2m£10.5m
Gross profit£3m£2.8m£2.5m
Operating profit−£287k£663k£410k
Profit before tax−£288k£649k£404k
Profit after tax−£289k£782k£338k
Profit (best available)−£289k£782k£338k
Employees (average)181413
Ratios
Profit margin−2.3%5.6%2.6%
Gross margin24.3%20%18.9%
Revenue per employee£695k£997k£1m
Profit per employee−£16k£55.9k£26k
Growth (year on year)
Revenue growth—▲11.7%▼6.8%
Profit growth——▼56.8%
Headcount growth—▼22.2%▼7.1%
Balance sheet — indirect signals, not revenue
Cash at bank£337k£309k£10.1k
Net assets−£1.1m−£301k£36.4k
Fixed assets£16.4k£34.4k£37.5k
Current assets£1.7m£1.1m£471k
Debtors£12k£40k£5.3k
Deferred income£2.3m£624k£99.4k
SourceFullAccounts · bulk data Apr 2024FullAccounts · bulk data Apr 2024FullAccounts · bulk data Jul 2025
Derived from the latest filing

How the business works

Profit margin
2.6%
Profit ÷ revenue.
Gross margin
18.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1m
Revenue ÷ average employees.
Profit per employee
£26k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0%
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 £36.4k
Cash at bank
▼97%
Now £10.1k
Headcount
▼7%
Now 13
Deferred income
▼84%
Now £99.4k
Fixed assets
▲9%
Now £37.5k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £338k), from the Companies House accounts bulk data published Jul 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.