# SOLWAY DIRECT LIMITED (05485119)

> SOLWAY DIRECT LIMITED is an active private limited company (company number 05485119) incorporated on 20 June 2005, registered in Carlisle. Its registered activity is recovery of sorted materials (SIC 38320). Latest small accounts cover the period ending 31 December 2024, showing net assets of £176k and cash of £768, with 2 employees on average. Net assets rose 11% on the prior period (£158k).

- Status: Active
- Incorporated: 2005-06-20
- Registered office: Carlisle, CA5 7NY
- SIC 38320: Recovery of sorted materials
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-07-04
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 257 comparable companies in Other (median £13k, upper quartile £282k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £176k | £768 | — | £140k | — | — | 2 |
| 2023-12-31 | £158k | £128 | — | £137k | — | — | 2 |

current ratio 2.26; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £175,927 at 31 December 2024
- Net assets up 10% or more on the prior period: +11.3% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.26
- Incorporated five or more years ago: Incorporated 20 June 2005
- Accounts past their due date: Due 30 September 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Solway Recycling Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-06-30

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/05485119
HTML: https://firmoscan.com/company/05485119-solway-direct-limited