SOLAIS LIMITED

🌿Early-stageactive
SC789494 · ltd · incorporated 2023-11-16
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
£-8.37M
book net assets
Opportunity
76/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 60/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 2.4y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 2.4 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £8,373,213
Cash YoY
+88779%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£12k
↑ 88779% YoY
Net Worth
-£8.4m
↓ 155% YoY
Current Assets
£5.0m
↓ 26% YoY
Current Liabilities
-£8.4m-£5.3m-£2.3m£715k£3.7m£6.8mSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Total assets£60.46M£12.46M
Current assets£5.03M£6.77M
Cash£12.4k£14
Debtors£5.02M£6.77M
Net assets£-8.37M£-3.29M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 accounts
  • 1 officers
Last 180 days
4
filings
  • 2 officers
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-03-12
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  2. 2026-02-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-02-02
    BROWN, Steven John appointed
    director
  4. 2025-11-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-10-23
    KENNY, Jeannie appointed
    director
  6. 2025-10-23
    STEVENSON, Melanie appointed
    director
  7. 2025-10-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-10-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-09-30
    O'HARA, Thomas resigned
    director
  10. 2025-03-20
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  11. 2025-01-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2024-12-31
    TURNBULL, Alan Logan resigned
    director
  13. 2024-11-07
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2024-01-13
    📄
    capital-name-of-class-of-shares
    capital · SH08
  15. 2024-01-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2024-01-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2024-01-09
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  18. 2024-01-08
    📄
    memorandum-articles
    incorporation · MA
  19. 2024-01-08
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2024-01-06
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  21. 2024-01-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2024-01-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2024-01-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2024-01-03
    📄
    capital-allotment-shares
    capital · SH01
  25. 2024-01-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  26. 2024-01-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  27. 2023-12-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  28. 2023-12-23
    MCDONALD, Andrew James appointed
    director
  29. 2023-12-23
    TURNBULL, Alan Logan appointed
    director
  30. 2023-12-23
    🔒
    Charge registered #4
    Lender: Glas Trust Corporation Limited as Security Agent
  31. 2023-12-23
    🔒
    Charge registered #3
    Lender: Glas Trust Corporation Limited as Security Agent
  32. 2023-12-23
    🔒
    Charge registered #2
    Lender: Glas Trust Corporation Limited as Security Agent
  33. 2023-12-23
    🔒
    Charge registered #1
    Lender: Ldc (Managers) Limited as Security Trustee
  34. 2023-11-16
    🏢
    Company incorporated
    As SOLAIS LIMITED
  35. 2023-11-16
    O'HARA, Thomas appointed
    director
  36. 2023-11-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

53/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Young company: Only 2.5 years old — management layer unlikely to be developed.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Solais Topco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Solais Topco Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
SOLAIS LIMITED
This company · SC789494

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Solais Topco Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/12/2023
1 historic (ceased) PSC
  • Mr Thomas O'Haraceased 23/12/2023· 75-100% shares · 75-100% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Technology · ML postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
PING NETWORK SOLUTIONS LIMITED
SC365069 · est 2009
£9.93M
£7.10M£12.77M
£25.49M1030016y8574y
ALPHATEC SOFTWARE LIMITED
SC164246 · est 1996
£754.0k30y8370y
ASSET GUARDIAN SOLUTIONS LIMITED
SC375944 · est 2010
130016y8365y
HIPER LIMITED
SC181696 · est 1997
£167.9k28y8361y
LOCAL PLANET SOLUTIONS LIMITED
SC169179 · est 1996
£73.9k29y8361y
INTELLIGENT STORAGE SOLUTIONS LTD.
SC257862 · est 2003
£120.7k22y8261y
M2 TECHNICAL SERVICES LIMITED
SC130107 · est 1991
£23.5k35y8265y
TARUS LIMITED
SC188881 · est 1998
£144.8k27y8259y
CAMWICK LIMITED
SC316020 · est 2007
£6.7k19y8164y
STRATEGIQ ANALYTICS LTD
SC828557 · est 2024 · no financials extracted
1y
TECHNOLOGY HELPDESK LTD
SC818198 · est 2024 · no financials extracted
1y
VIDAGISTICS LTD
SC855289 · est 2025 · no financials extracted
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2023-11-16
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities

Registered office

Solais House 19 Phoenix Crescent
Strathclyde Business Park
Bellshill
ML4 3NJ
United Kingdom

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13

Officers (4 active · 2 resigned)

BROWN, Steven John
director · ~48y · appointed 2026-02-02
View their other companies + combined net worth →
Active
KENNY, Jeannie
director · ~61y · appointed 2025-10-23
View their other companies + combined net worth →
Active
MCDONALD, Andrew James
director · ~44y · appointed 2023-12-23
View their other companies + combined net worth →
Active
STEVENSON, Melanie
director · ~47y · appointed 2025-10-23
View their other companies + combined net worth →
Active
O'HARA, Thomas
director · ~66y · appointed 2023-11-16 · resigned 2025-09-30
Resigned
TURNBULL, Alan Logan
director · ~64y · appointed 2023-12-23 · resigned 2024-12-31
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Glas Trust Corporation as Security Agent
Glas Trust Corporation Limited as Security Agent
A registered charge1 property23/12/2023
outstanding
Glas Trust Corporation as Security Agent
Glas Trust Corporation Limited as Security Agent
A registered charge1 property23/12/2023
outstanding
Glas Trust Corporation as Security Agent
Glas Trust Corporation Limited as Security Agent
A registered charge1 property23/12/2023
outstanding
Ldc (Managers) as Security Trustee
Ldc (Managers) Limited as Security Trustee
A registered charge23/12/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (25 total)

accounts-with-accounts-type-audited-abridged
accounts · AA
2026-03-12
appoint-person-director-company-with-name-date
officers · AP01
2026-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
termination-director-company-with-name-termination-date
officers · TM01
2025-11-13
appoint-person-director-company-with-name-date
officers · AP01
2025-10-23
appoint-person-director-company-with-name-date
officers · AP01
2025-10-23
accounts-with-accounts-type-audited-abridged
accounts · AA
2025-03-20
termination-director-company-with-name-termination-date
officers · TM01
2025-01-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-11-07
capital-name-of-class-of-shares
capital · SH08
2024-01-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-01-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-10
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-01-09
memorandum-articles
incorporation · MA
2024-01-08