The Firmwatch take
Solarglide Limited is a 17-year-old retail, active on the Companies House register. The latest filed accounts (year to 31 March 2026) show -GBP 156k in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Pulse · Net assets, 2025–2026
↗ £49kIncorporated
4 February 2009
17 years on the register
Sector
Other retail sale not in stores, stalls or markets
SIC 47990
Size
Not classified
Net assets
−£156k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Money
What the balance sheet says
Net assets
−£156k
Bottom 10% in sector · sector median £100 · 6,856 retailers
Cash
Not disclosed
Working cap.
−£12k
Median £718
Current ratio
0.9×
Median 1.1×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Retail
How this company compares in 6,856 retailers
Bottom 10% in sector — Solarglide Limited shows −£156k in net assets. Sector median is £100.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Address pattern · NE28 9NX
233 other UK companies registered at this postcode.
Active
203
Dissolved
3
Strike-off action
26
People
Who runs this company
- PM
PRINGLE, Michael
secretary · since 2009
Registered office
Address intelligence
233 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.