# SOLAS PROPERTIES LIMITED (SC686222)

> SOLAS PROPERTIES LIMITED is an active private limited company (company number SC686222) incorporated on 18 January 2021, registered in Isle Of Mull. Its registered activity is other accommodation (SIC 55900). Latest small accounts cover the period ending 31 January 2026, showing net assets of −£6,904 and cash of £26k, with 2 employees on average. Turnover was £147k and profit for the year −£3,798. Net assets fell 122% on the prior period (−£3,106).

- Status: Active
- Incorporated: 2021-01-18
- Registered office: Isle Of Mull, PA75 6QA
- SIC 55900: Other accommodation
- Next accounts due: 2027-10-31
- Confirmation statement due: 2027-02-01
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 130 comparable companies in Glasgow (median £286, upper quartile £32k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-01-31 | −£6,904 | £26k | — | £33k | £147k | −£3,798 | 2 |
| 2025-01-31 | −£3,106 | £9,213 | — | £15k | £114k | −£17k | 2 |
| 2024-01-31 | — | — | — | — | — | — | — |

current ratio 0.79; net margin -2.6%; size band micro.

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

- Net assets below zero: Net assets £-6,904 at 31 January 2026
- Net assets down 25% or more on the prior period: -122.3% vs prior period
- Current assets below creditors within one year: Current ratio 0.79
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 18 January 2021

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

## Persons with significant control

- Tob Trade Holdings Ltd (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2026-06-23

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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/SC686222
HTML: https://firmoscan.com/company/SC686222-solas-properties-limited