# SOLAS PHARMACEUTICALS LTD (NI620612)

> SOLAS PHARMACEUTICALS LTD is an active private limited company (company number NI620612) incorporated on 25 September 2013, registered in Derry / Londonderry. Its registered activity is dispensing chemist in specialised stores (SIC 47730). Latest abridged accounts cover the period ending 31 December 2024, showing net assets of £259k and cash of £755k, with 13 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 28% on the prior period (£359k).

- Status: Active
- Incorporated: 2013-09-25
- Registered office: Derry / Londonderry, BT48 0LY
- SIC 47730: Dispensing chemist in specialised stores
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-10-09
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the upper half of 131 comparable companies in Belfast (median £113k, upper quartile £489k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £259k | £755k | £268k | £1.15m | — | — | 13 |
| 2023-12-31 | £359k | £211k | £411k | £876k | — | — | 8 |

current ratio 1.29; size band micro.

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

- Net assets above zero: Net assets £259,449 at 31 December 2024
- Net assets down 25% or more on the prior period: -27.6% vs prior period
- Cash at bank of £50,000 or more: Cash £755,176
- Incorporated five or more years ago: Incorporated 25 September 2013
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Aaron Carlyle — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Mr Feilim Henry — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors; has significant influence or control, since 2016-04-06

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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/NI620612
HTML: https://firmoscan.com/company/NI620612-solas-pharmaceuticals-ltd