solar exchange limited

4.5

solar exchange limited Company Information

Share SOLAR EXCHANGE LIMITED
Live 
EstablishedSmallRapid

Company Number

07426476

Registered Address

lynton house, 7-12 tavistock square, london, london, WC1H 9BQ

Industry

Other business support service activities n.e.c.

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

View All

Directors

Andrew Milne13 Years

Kevin Childs13 Years

Shareholders

kevin joseph childs 50%

andrew robert milne 50%

solar exchange limited Estimated Valuation

£530.4k

Pomanda estimates the enterprise value of SOLAR EXCHANGE LIMITED at £530.4k based on a Turnover of £871.1k and 0.61x industry multiple (adjusted for size and gross margin).

solar exchange limited Estimated Valuation

£780.6k

Pomanda estimates the enterprise value of SOLAR EXCHANGE LIMITED at £780.6k based on an EBITDA of £160k and a 4.88x industry multiple (adjusted for size and gross margin).

solar exchange limited Estimated Valuation

£419.4k

Pomanda estimates the enterprise value of SOLAR EXCHANGE LIMITED at £419.4k based on Net Assets of £162.9k and 2.57x industry multiple (adjusted for liquidity).

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Solar Exchange Limited Overview

Solar Exchange Limited is a live company located in london, WC1H 9BQ with a Companies House number of 07426476. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2010, it's largest shareholder is kevin joseph childs with a 50% stake. Solar Exchange Limited is a established, small sized company, Pomanda has estimated its turnover at £871.1k with rapid growth in recent years.

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Solar Exchange Limited Health Check

Pomanda's financial health check has awarded Solar Exchange Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £871.1k, make it smaller than the average company (£3m)

£871.1k - Solar Exchange Limited

£3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 317%, show it is growing at a faster rate (4.1%)

317% - Solar Exchange Limited

4.1% - Industry AVG

production

Production

with a gross margin of 38.5%, this company has a comparable cost of product (38.5%)

38.5% - Solar Exchange Limited

38.5% - Industry AVG

profitability

Profitability

an operating margin of 18.4% make it more profitable than the average company (6.5%)

18.4% - Solar Exchange Limited

6.5% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (20)

7 - Solar Exchange Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)

£43.6k - Solar Exchange Limited

£43.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £124.4k, this is equally as efficient (£137k)

£124.4k - Solar Exchange Limited

£137k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is later than average (39 days)

60 days - Solar Exchange Limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23 days, this is quicker than average (33 days)

23 days - Solar Exchange Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Solar Exchange Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (28 weeks)

37 weeks - Solar Exchange Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 59.2%, this is a similar level of debt than the average (60.1%)

59.2% - Solar Exchange Limited

60.1% - Industry AVG

SOLAR EXCHANGE LIMITED financials

EXPORTms excel logo

Solar Exchange Limited's latest turnover from March 2023 is estimated at £871.1 thousand and the company has net assets of £162.9 thousand. According to their latest financial statements, we estimate that Solar Exchange Limited has 7 employees and maintains cash reserves of £155.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Nov 2014Nov 2013Nov 2012Nov 2011
Turnover871,129177,224290,10711,99493,06985,484000000
Other Income Or Grants000000000000
Cost Of Sales535,595109,596181,8817,43257,95852,927000000
Gross Profit335,53567,628108,2274,56135,11032,557000000
Admin Expenses175,580110,45215,1672,77235,67032,298-61900000
Operating Profit159,955-42,82493,0601,789-56025961900000
Interest Payable3,4582,8461,403000000000
Interest Receivable5,7691,007851690441200000
Pre-Tax Profit162,267-44,66391,7421,805-47030463100000
Tax-30,8310-17,431-3430-58-12600000
Profit After Tax131,436-44,66374,3111,462-47024650500000
Dividends Paid000000000000
Retained Profit131,436-44,66374,3111,462-47024650500000
Employee Costs304,98983,162120,00039,55438,26936,213000000
Number Of Employees723111000000
EBITDA*159,955-42,82493,0601,789-56025961900000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Nov 2014Nov 2013Nov 2012Nov 2011
Tangible Assets000000000000
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets000000000000
Stock & work in progress000000000000
Trade Debtors144,42016,62035,8200010,000000000
Group Debtors000000000000
Misc Debtors99,53197,379138,17738,92755,22649,18344,1001000000
Cash155,365116,131152,48616,86016,0037,9859,73700000
misc current assets000000000000
total current assets399,316230,130326,48355,78771,22967,16853,8371000000
total assets399,316230,130326,48355,78771,22967,16853,8371000000
Bank overdraft9,2009,2007,667000000000
Bank loan000000000000
Trade Creditors 35,05035,50635,0511,80214,4250000000
Group/Directors Accounts00000067000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities172,206124,800169,27852,14256,42366,31752,56200000
total current liabilities216,456169,506211,99653,94470,84866,31753,23200000
loans19,93329,13338,333000000000
hp & lease commitments000000000000
Accruals and Deferred Income000000000000
other liabilities000000000000
provisions000000000000
total long term liabilities19,93329,13338,333000000000
total liabilities236,389198,639250,32953,94470,84866,31753,23200000
net assets162,92731,49176,1541,8433818516051000000
total shareholders funds162,92731,49176,1541,8433818516051000000
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Nov 2014Nov 2013Nov 2012Nov 2011
Operating Activities
Operating Profit159,955-42,82493,0601,789-56025961900000
Depreciation000000000000
Amortisation000000000000
Tax-30,8310-17,431-3430-58-12600000
Stock000000000000
Debtors129,952-59,998135,070-16,299-3,95715,08344,0001000000
Creditors-45645533,249-12,62314,4250000000
Accruals and Deferred Income47,406-44,478117,136-4,281-9,89413,75552,56200000
Deferred Taxes & Provisions000000000000
Cash flow from operations46,122-26,84990,9448417,928-1,1279,055-1000000
Investing Activities
capital expenditure000000000000
Change in Investments000000000000
cash flow from investments000000000000
Financing Activities
Bank loans000000000000
Group/Directors Accounts00000-67067000000
Other Short Term Loans 000000000000
Long term loans-9,200-9,20038,333000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities000000000000
share issue00000001000000
interest2,311-1,839-1,3181690441200000
cash flow from financing-6,889-11,03937,0151690-6266821000000
cash and cash equivalents
cash39,234-36,355135,6268578,018-1,7529,73700000
overdraft01,5337,667000000000
change in cash39,234-37,888127,9598578,018-1,7529,73700000

solar exchange limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Solar Exchange Limited Competitor Analysis

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solar exchange limited Ownership

SOLAR EXCHANGE LIMITED group structure

Solar Exchange Limited has no subsidiary companies.

Ultimate parent company

SOLAR EXCHANGE LIMITED

07426476

SOLAR EXCHANGE LIMITED Shareholders

kevin joseph childs 50%
andrew robert milne 50%

solar exchange limited directors

Solar Exchange Limited currently has 2 directors. The longest serving directors include Mr Andrew Milne (Nov 2010) and Mr Kevin Childs (Nov 2010).

officercountryagestartendrole
Mr Andrew MilneUnited Kingdom64 years Nov 2010- Director
Mr Kevin ChildsUnited Kingdom65 years Nov 2010- Director

P&L

March 2023

turnover

871.1k

+392%

operating profit

160k

0%

gross margin

38.6%

+0.94%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

162.9k

+4.17%

total assets

399.3k

+0.74%

cash

155.4k

+0.34%

net assets

Total assets minus all liabilities

solar exchange limited company details

company number

07426476

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

November 2010

age

14

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

lynton house, 7-12 tavistock square, london, london, WC1H 9BQ

last accounts submitted

March 2023

solar exchange 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 exchange limited.

charges

solar exchange limited Companies House Filings - See Documents

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