Company Overview
Solar Style Solutions Ltd is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 20 June 2011, so this is a well established company. Solar Style Solutions Ltd has been in business for 14 years and 9 months. The accounts status is total exemption full and the accounts are next due on Sunday 28 February 2021.
Registered Address

Pkf Gm, 15 Westferry Circus Canary Wharf, London, E14 4HD
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Companies House Data
Company NameSOLAR STYLE SOLUTIONS LTD
Company Number07674048
Registered Office AddressPKF GM
 15 Westferry Circus Canary Wharf
 E14 4HD
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date20/06/2011
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date28/02/2021
Accounts Last Made Up Date28/02/2019
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date18/07/2017
Returns Last Made Up Date20/06/2016
Directors & Members
Show Resigned
Qurban Hussain - Director
(British, 74 years old, born October 1952)
Appointed 01 August 2011
Active
Zaeem Yakub - Director
(British, 49 years old, born August 1977)
Appointed 28 March 2018
Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Qurban Hussain
No companies found
Zaeem Yakub
No companies found
Balance Sheet Unlock full report
Accounts Date 28-Feb-2019 28-Feb-2018 28-Feb-2017
Balance Sheet
Fixed Assets 15,973 19,809 24,033
Current Assets 82,937 58,920 173,036
Creditors Due Within One Year 629,935 450,780 348,642
Working Cap -546,998 -391,860 -175,606
Total Assets Less Current Liabilities -531,025 -372,051 -151,573
Long-term Liabilities 0 0 0
Net Assets -531,025 -372,051 -151,573
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -531,025 -372,051 -151,573
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2019 28-Feb-2018 28-Feb-2017
Tangible Fixed Assets - - -
Fixed Assets 16.1% 25.2% 12.2%
Stocks Inventory - - -
Debtors 54.4% 51.0% 72.1%
Cash Bank In Hand 29.4% 23.8% 15.7%
Current Assets 83.9% 74.8% 87.8%
Creditors Due Within One Year 636.9% 572.6% 176.9%
Net Current Assets Liabilities -553.0% -497.7% -89.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -536.9% -472.6% -76.9%
Capital Employed - - -
Total Assets Less Current Liabilities -536.9% -472.6% -76.9%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2019 28-Feb-2018 28-Feb-2017
Liquidity Ratio 0.1 0.1 0.5
Solvency Ratio 0.2 0.2 0.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 28-Feb-2019 28-Feb-2018 28-Feb-2017
Assets 98,910 78,729 197,069
Debt 629,935 450,780 348,642
Net Assets/Debt -531,025 -372,051 -151,573
Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Liquidators' statement of receipts and payments to 1 February 2026
Liquidators' statement of receipts and payments to 1 February 2025
Liquidators' statement of receipts and payments to 1 February 2024
Resignation of a liquidator
Liquidators' statement of receipts and payments to 1 February 2023
Registered office address changed from Unit 1 First Floor Brook Business Centre Cowley Mill Road Uxbridge UB8 2FX to 15 Westferry Circus Canary Wharf London E14 4HD on 24 August 2022
Liquidators' statement of receipts and payments to 1 February 2022
Registered office address changed from Redheugh House Teesdale South Thornaby Place Stockton-on-Tees TS17 6SG to Unit 1 First Floor Brook Business Centre Cowley Mill Road Uxbridge UB8 2FX on 1 May 2021
Appointment of a voluntary liquidator
Notice of completion of voluntary arrangement
Removal of liquidator by creditors
Removal of liquidator by creditors
Voluntary arrangement supervisor's abstract of receipts and payments to 18 December 2020
Registered office address changed from 15a Yarm Street Stockton on Tees TS18 3DS to Redheugh House Teesdale South Thornaby Place Stockton-on-Tees TS17 6SG on 16 February 2021
Statement of affairs
Resolutions
Appointment of a voluntary liquidator
Confirmation statement made on 20 June 2020 with no updates
Voluntary arrangement supervisor's abstract of receipts and payments to 18 December 2019
Confirmation statement made on 20 June 2019 with no updates
Notice to Registrar of companies voluntary arrangement taking effect
Confirmation statement made on 20 June 2018 with updates
Notification of Zaeem Waqas Yakub as a person with significant control on 2 July 2018

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