S O L Services Limited
Registered name: S O L SERVICES LIMITED
S O L Services Limited made £22.4m revenue and £1.5m profit in the year to 31 May 2025.
S O L Services Limited’s revenue fell 3% to £22.4m in the year to 31 May 2025, with £1.5m profit and 84 employees. The company is classified under “other business support service activities” and is based in Milton Keynes; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Milton Keynes, South East
- Age
- 23 yrs · since 2003
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £14.8m | £18.4m | £23.1m | £22.4m |
| Cost of sales | £10.4m | £13.2m | £16.6m | £16m |
| Gross profit | £4.4m | £5.2m | £6.5m | £6.5m |
| Profit before tax | £1.8m | £1.3m | £2.8m | £2.1m |
| Profit after tax | £1.5m | £1.1m | £2m | £1.5m |
| Profit (best available) | £1.5m | £1.1m | £2m | £1.5m |
| Staff costs | £2.5m | £3.8m | £4.7m | £5.9m |
| Employees (average) | 40 | 54 | 70 | 84 |
| Ratios | ||||
| Profit margin | 9.9% | 6.2% | 8.8% | 6.7% |
| Gross margin | 29.9% | 28.2% | 28.1% | 28.8% |
| Revenue per employee | £369k | £341k | £331k | £267k |
| Profit per employee | £36.7k | £21k | £29k | £17.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲24.7% | ▲25.6% | ▼3.1% |
| Profit growth | — | ▼22.6% | ▲78.8% | ▼26.5% |
| Headcount growth | — | ▲35% | ▲29.6% | ▲20% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £845k | £1.2m | £1m | £1.4m |
| Net assets | £3.9m | £4.8m | £6.7m | £7.9m |
| Fixed assets | £569k | £847k | £868k | £844k |
| Current assets | — | £7.8m | £10.9m | £13.5m |
| Debtors | £3.2m | £2.9m | £5.8m | £4.9m |
| Deferred income | — | £534k | £516k | £27.5k |
| Cash from operations | £933k | £2.5m | £102k | £1m |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 6.7%
- Profit ÷ revenue.
- Gross margin
- 28.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £267k
- Revenue ÷ average employees.
- Profit per employee
- £17.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21.9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲18%
- Now £7.9m
- Cash at bank
- ▲36%
- Now £1.4m
- Headcount
- ▲20%
- Now 84
- Deferred income
- ▼95%
- Now £27.5k
- Fixed assets
- ▼3%
- Now £844k
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £1.5m), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.