# 1031 SOLUTIONS LIMITED (14085018)

> 1031 SOLUTIONS LIMITED is an active private limited company (company number 14085018) incorporated on 4 May 2022, registered in Whitley Bay. Its registered activity is operation of warehousing and storage facilities for land transport activities (SIC 52103). Latest small accounts cover the period ending 31 May 2025, showing net assets of −£145k and cash of £14k, with 2 employees on average. Net assets fell 1494% on the prior period (£10k).

- Status: Active
- Incorporated: 2022-05-04
- Registered office: Whitley Bay, NE26 4RF
- SIC 52103: Operation of warehousing and storage facilities for land transport activities
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-18
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 57 comparable companies in Newcastle (median £96, upper quartile £31k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | −£145k | £14k | £0 | £72k | — | — | 2 |
| 2024-05-31 | £10k | £11k | £23k | £28k | — | — | 2 |

current ratio 0.2; size band micro.

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

- Net assets below zero: Net assets £-145,421 at 31 May 2025
- Net assets down 25% or more on the prior period: -1494.0% vs prior period
- Current assets below creditors within one year: Current ratio 0.2
- Incorporated two to five years ago: Incorporated 4 May 2022

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

## Persons with significant control

- Simofo Group (Holdings) Limited (corporate-entity) — owns 75–100% of shares; owns 50–75% of shares; holds 75–100% of voting rights, since 2022-05-04

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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/14085018
HTML: https://firmoscan.com/company/14085018-1031-solutions-limited