SOLOMON MARKETS LTD.
SOLOMON MARKETS LTD. is a dissolved UK private limited company that was classified under gambling and betting activities (SIC 92000). It was connected to a UKGC-licensed operator whose licence has since been revoked, leaving the company with no active regulatory standing in the UK gambling industry.
Positive Signals
- Registered in the UK at a London address
- UK-resident director on record
- PSC information filed at Companies House
Concerns
- Dissolved — no longer a legal entity
- UKGC operator licence revoked for linked operator
- Accounts overdue by over 4 years before dissolution
- US-based corporate parent holding controlling interest
- Grade D company score (54/100)
Overview
Gambling Connection: SOLOMON MARKETS LTD. held gambling industry classification (SIC 92000) and was directly linked to a UKGC-licensed operator. That operator licence has since been revoked, and the company itself is now dissolved.
SOLOMON MARKETS LTD. was incorporated on 17 August 2017 and registered at 52 Grosvenor Gardens, London. The company is now dissolved, meaning it no longer exists as a legal entity and can't enter contracts, hold licences, or conduct business of any kind. Its company score of 54 out of 100 (Grade D) reflects a limited corporate history and the significant concerns raised by its dissolved status.
Companies House records show the company's accounts hadn't been filed for over four years before dissolution, which is a serious compliance gap. The absence of up-to-date financial records, combined with the dissolved status, means there's no accountability trail for its later years of operation.
Its ownership structure was anchored in the United States, with a US-based corporate entity holding a controlling interest throughout much of the company's existence. That offshore parent structure, coupled with dissolution, means consumers and counterparties have very limited recourse through UK channels.
Governance
The company had two current officers at the time of dissolution: one individual director of American nationality resident in the United Kingdom, and a US-based corporate director. The ownership structure included both an individual and a corporate entity, each recorded as holding between 75% and 100% of shares. The combination of a foreign corporate parent and an American-nationality director, despite UK residency, reflects a governance structure with strong transatlantic ties.
Linked UKGC Operators
This company is the registered entity for the following UKGC licensed operators:
Directors & Officers
Current Officers
| Name | Role | Appointed | Status |
|---|---|---|---|
| PRASAD, Jay, Mr. | Director | Active | |
| SOLOMON MARKETS HOLDINGS LLC | Corporate Director | Active |
Former Officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SOLOMON MARKETS HOLDINGS CORP. | Corporate Director | ||
| CLARK, Miles Sebastian, Mr. | Director | ||
| BERCHUCK, Daniel, Mr. | Director | ||
| MCCAFFERTY, Max, Mr. | Director |
Ownership & Significant Control
Persons with Significant Control
The following individuals or entities have significant control over this company:
| Name | Type | Ownership | Since |
|---|---|---|---|
| Mr Jay Prasad | Individual | 75.00% - 100.00% | |
| Solomon Markets Holdings Llc | Corporate | 75.00% - 100.00% |