Solertia Mga Ltd
Registered name: SOLERTIA MGA LTD
Solertia Mga Ltd made £1.1m revenue and a £362k loss in the year to 31 Dec 2023.
Solertia Mga Ltd’s revenue was £1.1m in the year to 31 Dec 2023, with a loss of £362k and 5 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2023 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £70.3k | £1.1m |
| Operating profit | −£877k | −£362k |
| Profit after tax | −£877k | −£362k |
| Profit (best available) | −£877k | −£362k |
| Employees (average) | 3 | 5 |
| Ratios | ||
| Profit margin | −1247% | −33.4% |
| Revenue per employee | £23.4k | £217k |
| Profit per employee | −£292k | −£72.5k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £554k | £495k |
| Net assets | £698k | £336k |
| Fixed assets | £103k | £104k |
| Current assets | £633k | £825k |
| Debtors | £22k | £293k |
| Deferred income | £3.3k | £556k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- −33.4%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £217k
- Revenue ÷ average employees.
- Profit per employee
- −£72.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 51.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 27%
- 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 £336k
- Cash at bank
- —
- Now £495k
- Headcount
- —
- Now 5
- Deferred income
- —
- Now £556k
- Fixed assets
- —
- Now £104k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Minority corporate shareholders
- Siriuspoint Ltd (registered outside the UK register)
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£362k), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.