SOLMEK LIMITED
UnknownCompany number04087900
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
84%Top 3 buyers account for 84% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
66%Largest buyer (Durham County Council) represents 66% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowMedium risk
3 in 24mo3 contracts due for renewal in next 24 months
New buyer acquisitionLow risk
3 in 24mo3 new buying relationships in last 24 months
Buyer breakdown13 buyers
Total buyers13
Top 5 concentration95%
Returning buyers10
New buyers (24 mo)3
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£5m
Contracts20
Buyers13
Contract patterns
Avg contract value£269k
Avg duration2yr 6mo
Renewal rate31%
Total contracts20
Awards by year
32020£4m
22021£160k
22022£59k
22023£346k
32025£898k