Solid Telecommunications Ltd
Registered name: SOLID TELECOMMUNICATIONS LTD
Solid Telecommunications Ltd made £13.2m revenue and £253k profit in the year to 31 Dec 2025. read from filing text
Solid Telecommunications Ltd’s revenue fell 6% to £13.2m in the year to 31 Dec 2025, with £253k profit and 11 employees. The company is classified under “non-specialised wholesale trade” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- 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: “The company is controlled by SOLiD, Inc., a company incorporated in South Korea, by virtue of its 100% shareholding.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £27.3m | £19.1m | £14m | £13.2m |
| Cost of sales | £26.1m | £18.2m | £12.8m | £11.5m |
| Gross profit | £1.2m | £859k | £1.3m | £1.7m |
| Operating profit | £525k | −£343k | −£748k | £225k |
| Profit before tax | £521k | −£317k | −£721k | £253k |
| Profit (best available) | £521k | −£317k | −£721k | £253k |
| Staff costs | £568k | £889k | £1.6m | £1.2m |
| Employees (average) | 8 | 11 | 11 | 11 |
| Ratios | ||||
| Profit margin | 1.9% | −1.7% | −5.1% | 1.9% |
| Gross margin | 4.5% | 4.5% | 9.2% | 12.6% |
| Revenue per employee | £3.4m | £1.7m | £1.3m | £1.2m |
| Profit per employee | £65.1k | −£28.8k | −£65.5k | £23k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼26.4% | ▼6.3% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.4m | £1.3m | £2.4m | £1.5m |
| Net assets | £1.1m | £742k | £69.6k | £323k |
| Debtors | — | £7.4m | £665k | £5.8m |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 1.9%
- Profit ÷ revenue.
- Gross margin
- 12.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.2m
- Revenue ÷ average employees.
- Profit per employee
- £23k
- 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
- 43.9%
- 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
- ▲364%
- Now £323k
- Cash at bank
- ▼38%
- Now £1.5m
- Headcount
- 0%
- Now 11
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Entwistle & Joynt LimitedLancashire · Non-specialised wholesale trade
- Revenue
- £13m
- Profit
- £9.1k
- Staff
- 31
- DPS Distribution LimitedBracknell · Non-specialised wholesale trade
- Revenue
- £12.9m
- Profit
- £179k
- Staff
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- Stone Marketing LimitedKent · Non-specialised wholesale trade
- Revenue
- £13.4m
- Profit
- £516k
- Staff
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- Mercury Bearings LimitedHalesowen · Non-specialised wholesale trade
- Revenue
- £12.9m
- Profit
- £803k
- Staff
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- Dantex Graphics LimitedBradford · Non-specialised wholesale trade
- Revenue
- £12.9m
- Profit
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- Staff
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- Geosynthetics LimitedLeicester · Non-specialised wholesale trade
- Revenue
- £13.5m
- Profit
- £302k
- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £253k), from the Companies House accounts bulk data published Mar 2026. 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.