Pomanda estimates the enterprise value of SOLAR POLAR LIMITED at £311.3k based on a Turnover of £266.3k and 1.17x industry multiple (adjusted for size and gross margin).
solar polar limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SOLAR POLAR LIMITED at £0 based on an EBITDA of £-163.1k and a 5.53x industry multiple (adjusted for size and gross margin).
solar polar limitedEstimated Valuation
£2.2m
Pomanda estimates the enterprise value of SOLAR POLAR LIMITED at £2.2m based on Net Assets of £1.1m and 1.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Solar Polar LimitedOverview
Solar Polar Limited is a live company located in peterborough, PE7 8GX with a Companies House number of 06356310. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in August 2007, it's largest shareholder is
robert eaton edwards
with a 29.6% stake. Solar Polar Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£266.3k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Solar Polar Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £266.3k, make it smaller than the average company (£4.4m)
£266.3k - Solar Polar Limited
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.9%)
5% - Solar Polar Limited
7.9% - Industry AVG
Production
with a gross margin of 48.3%, this company has a comparable cost of product (48.3%)
48.3% - Solar Polar Limited
48.3% - Industry AVG
Profitability
an operating margin of -62.5% make it less profitable than the average company (1.8%)
-62.5% - Solar Polar Limited
1.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (45)
3 - Solar Polar Limited
45 - Industry AVG
Pay Structure
on an average salary of £65.5k, the company has an equivalent pay structure (£65.5k)
£65.5k - Solar Polar Limited
£65.5k - Industry AVG
Efficiency
resulting in sales per employee of £88.8k, this is less efficient (£126.3k)
£88.8k - Solar Polar Limited
£126.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Solar Polar Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (39 days)
1 days - Solar Polar Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Solar Polar Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 116 weeks, this is more cash available to meet short term requirements (34 weeks)
116 weeks - Solar Polar Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.8%, this is a lower level of debt than the average (40.5%)
18.8% - Solar Polar Limited
40.5% - Industry AVG
SOLAR POLAR LIMITED financials
EXPORT
Solar Polar Limited's latest turnover from August 2024 is estimated at £266.3 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Solar Polar Limited has 3 employees and maintains cash reserves of £29.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Turnover
266,315
244,541
246,762
232,437
156,057
250,370
213,338
189,989
154,164
196,912
256,598
240,200
91,963
1,200
800
28,037
Other Income Or Grants
Cost Of Sales
137,748
129,279
129,597
120,805
81,746
127,925
109,844
96,857
79,599
106,386
141,016
129,147
51,221
6,318
5,620
1,977
Gross Profit
128,567
115,262
117,165
111,632
74,312
122,445
103,494
93,132
74,566
90,526
115,582
111,052
40,743
-5,118
-4,820
26,060
Admin Expenses
295,030
174,447
29,246
-103,592
-83,478
-521,832
126,703
212,773
133,590
111,515
113,734
112,722
43,818
13,593
2,524
34,822
Operating Profit
-166,463
-59,185
87,919
215,224
157,790
644,277
-23,209
-119,641
-59,024
-20,989
1,848
-1,670
-3,075
-18,711
-7,344
-8,762
Interest Payable
4,284
4,981
5,659
6,039
4,514
3,076
2,941
1,406
1,085
Interest Receivable
1,479
1,213
471
59
48
337
325
53
75
78
5
12
21
35
Pre-Tax Profit
-169,268
-62,954
82,731
209,243
153,323
641,538
-25,825
-120,995
-58,949
-20,911
1,853
-1,658
-4,139
-18,711
-7,344
-8,727
Tax
-15,719
-39,756
-29,131
-121,892
-389
Profit After Tax
-169,268
-62,954
67,012
169,487
124,192
519,646
-25,825
-120,995
-58,949
-20,911
1,464
-1,658
-4,139
-18,711
-7,344
-8,727
Dividends Paid
Retained Profit
-169,268
-62,954
67,012
169,487
124,192
519,646
-25,825
-120,995
-58,949
-20,911
1,464
-1,658
-4,139
-18,711
-7,344
-8,727
Employee Costs
196,500
185,454
180,351
176,667
116,360
166,772
113,541
105,856
100,470
150,988
143,317
140,831
46,306
46,085
44,734
Number Of Employees
3
3
3
3
2
3
2
2
2
3
3
3
1
1
1
EBITDA*
-163,130
-56,695
89,535
215,597
158,389
644,875
-22,469
-119,187
-58,759
-20,758
1,848
-1,558
-3,001
-18,637
-7,270
-8,688
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Tangible Assets
526
1,454
2,091
3,166
334
1,094
569
Intangible Assets
1,219,601
1,022,596
968,586
873,627
654,103
580,529
3,599
3,864
4,129
4,394
4,625
1,823
1,184
1,258
1,332
1,406
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,220,127
1,024,050
970,677
876,793
654,103
580,863
4,693
4,433
4,129
4,394
4,625
1,823
1,184
1,258
1,332
1,406
Stock & work in progress
Trade Debtors
1,380
924
880
10,463
Group Debtors
Misc Debtors
144,152
95,061
63,570
73,668
82,789
71,518
61,520
7,193
2,849
7
108
Cash
29,058
30,106
16,096
37,711
79,327
16,124
73,775
12,926
29,083
30,767
332
1,670
3,087
5,183
527
4,590
misc current assets
total current assets
173,210
125,167
79,666
111,379
162,116
87,642
135,295
20,119
30,463
31,691
332
1,670
3,967
8,032
534
15,161
total assets
1,393,337
1,149,217
1,050,343
988,172
816,219
668,505
139,988
24,552
34,592
36,085
4,957
3,493
5,151
9,290
1,866
16,567
Bank overdraft
5,705
5,643
5,504
6,311
Bank loan
Trade Creditors
601
782
359
1,862
3,480
17,964
76,921
99,024
46,985
46,985
46,985
1,614
Group/Directors Accounts
1,611
1,460
1,460
300
300
12,972
13,188
6,949
other short term finances
42,143
45,000
33,388
7,016
hp & lease commitments
other current liabilities
5,091
5,427
6,050
7,579
3,495
15,800
2,750
11,076
625
646
19,644
total current liabilities
13,008
13,312
13,373
16,052
7,275
33,764
44,893
56,076
76,921
99,024
46,985
46,985
46,985
46,985
20,850
28,207
loans
30,654
35,883
41,527
92,689
99,000
49,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
49,000
provisions
217,938
67,533
total long term liabilities
248,592
103,416
41,527
92,689
99,000
49,000
49,000
total liabilities
261,600
116,728
54,900
108,741
106,275
82,764
93,893
56,076
76,921
99,024
46,985
46,985
46,985
46,985
20,850
28,207
net assets
1,131,737
1,032,489
995,443
879,431
709,944
585,741
46,095
-31,524
-42,329
-62,939
-42,028
-43,492
-41,834
-37,695
-18,984
-11,640
total shareholders funds
1,131,737
1,032,489
995,443
879,431
709,944
585,741
46,095
-31,524
-42,329
-62,939
-42,028
-43,492
-41,834
-37,695
-18,984
-11,640
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Operating Activities
Operating Profit
-166,463
-59,185
87,919
215,224
157,790
644,277
-23,209
-119,641
-59,024
-20,989
1,848
-1,670
-3,075
-18,711
-7,344
-8,762
Depreciation
1,381
1,291
1,075
91
334
333
475
189
Amortisation
1,952
1,199
541
282
265
265
265
265
265
231
112
74
74
74
74
Tax
-15,719
-39,756
-29,131
-121,892
-389
Stock
Debtors
49,091
31,491
-10,098
-9,121
11,271
9,998
54,327
5,813
456
924
-880
-1,969
2,842
-10,564
10,571
Creditors
-181
423
-1,503
-1,618
-14,484
17,964
-76,921
-22,103
52,039
46,985
-1,614
1,614
Accruals and Deferred Income
-336
-623
-1,529
4,084
-12,305
13,050
-8,326
11,076
-625
-21
-18,998
19,644
Deferred Taxes & Provisions
150,405
67,533
Cash flow from operations
-62,333
-20,853
80,882
187,428
91,198
543,999
-85,122
-190,845
-81,318
30,357
1,459
-678
45,328
-21,500
-17,318
1,999
Investing Activities
capital expenditure
-199,410
-55,863
-95,500
-223,063
-73,839
-576,768
-1,000
-758
-2,802
-751
-1,480
Change in Investments
cash flow from investments
-199,410
-55,863
-95,500
-223,063
-73,839
-576,768
-1,000
-758
-2,802
-751
-1,480
Financing Activities
Bank loans
Group/Directors Accounts
151
1,160
300
-12,972
-216
6,239
6,949
Other Short Term Loans
-42,143
-2,857
45,000
-33,388
26,372
7,016
Long term loans
-5,229
-5,644
-51,162
-6,311
50,000
49,000
Hire Purchase and Lease Commitments
other long term liabilities
-49,000
49,000
share issue
268,516
100,000
49,000
11
20,000
103,444
131,800
79,559
-2,913
interest
-2,805
-3,768
-5,188
-5,980
-4,466
-2,739
-2,616
-1,353
75
78
5
12
-1,064
35
cash flow from financing
260,633
90,588
-6,190
-12,291
45,845
-24,882
146,971
175,447
79,634
78
5
12
-47,424
26,156
13,255
4,071
cash and cash equivalents
cash
-1,048
14,010
-21,615
-41,616
63,203
-57,651
60,849
-16,157
-1,684
30,435
-1,338
-1,417
-2,096
4,656
-4,063
4,590
overdraft
62
139
-807
6,311
change in cash
-1,110
13,871
-20,808
-47,927
63,203
-57,651
60,849
-16,157
-1,684
30,435
-1,338
-1,417
-2,096
4,656
-4,063
4,590
solar polar limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for solar polar limited. Get real-time insights into solar polar limited's credit score, group structure and payment trends.
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solar polar limited Ownership
SOLAR POLAR LIMITED group structure
Solar Polar Limited has no subsidiary companies.
Ultimate parent company
SOLAR POLAR LIMITED
06356310
SOLAR POLAR LIMITED Shareholders
The largest shareholders in Solar Polar Limited include Robert Eaton Edwards and Michael Graham Reid.
robert eaton edwards
29.6%
michael graham reid
21.21%
alan bates
8.53%
michael curry
5.33%
stephanus kranendijk
4.32%
jie dong & singh manish
3.29%
pierre joubert
2.42%
austin caffrey
2.27%
graeme maidment
2.19%
london south bank university
2.19%
solar polar limited directors
Solar Polar Limited currently has 5 directors.
The longest serving directors include
Mr Michael Reid (Oct 2009) and
Mr Robert Edwards (Aug 2016).
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
August 2007
age
18
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
August 2024
previous names
N/A
accountant
MOORE THOMPSON
auditor
-
address
7 swan court, cygnet park, forder way, peterborough, PE7 8GX
Bank
-
Legal Advisor
-
solar polar limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to solar polar limited.
solar polar limited Capital Raised & Share Issues BETA
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solar polar limitedCompanies House Filings - See Documents
