colchen solar limited
colchen solar limited Company Information
Company Number
07743583
Next Accounts
Sep 2025
Shareholders
rubena solar limited
Group Structure
View All
Industry
Production of electricity
Registered Address
westminster house, 10 westminster road, macclesfield, cheshire, SK10 1BX
Website
atmosclear.investmentscolchen solar limited Estimated Valuation
Pomanda estimates the enterprise value of COLCHEN SOLAR LIMITED at £17.4m based on a Turnover of £10.6m and 1.65x industry multiple (adjusted for size and gross margin).
colchen solar limited Estimated Valuation
Pomanda estimates the enterprise value of COLCHEN SOLAR LIMITED at £2.3m based on an EBITDA of £469.6k and a 4.82x industry multiple (adjusted for size and gross margin).
colchen solar limited Estimated Valuation
Pomanda estimates the enterprise value of COLCHEN SOLAR LIMITED at £978.6k based on Net Assets of £355.3k and 2.75x industry multiple (adjusted for liquidity).
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Colchen Solar Limited Overview
Colchen Solar Limited is a live company located in macclesfield, SK10 1BX with a Companies House number of 07743583. It operates in the production of electricity sector, SIC Code 35110. Founded in August 2011, it's largest shareholder is rubena solar limited with a 100% stake. Colchen Solar Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.6m with high growth in recent years.
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Colchen Solar Limited Health Check
Pomanda's financial health check has awarded Colchen Solar Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £10.6m, make it larger than the average company (£1.8m)
- Colchen Solar Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (10.8%)
- Colchen Solar Limited
10.8% - Industry AVG
Production
with a gross margin of 50.1%, this company has a higher cost of product (71%)
- Colchen Solar Limited
71% - Industry AVG
Profitability
an operating margin of 3.4% make it less profitable than the average company (51.1%)
- Colchen Solar Limited
51.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Colchen Solar Limited
3 - Industry AVG
Pay Structure
on an average salary of £78.6k, the company has an equivalent pay structure (£78.6k)
- Colchen Solar Limited
£78.6k - Industry AVG
Efficiency
resulting in sales per employee of £5.3m, this is more efficient (£452.2k)
- Colchen Solar Limited
£452.2k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (16 days)
- Colchen Solar Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (21 days)
- Colchen Solar Limited
21 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (18 days)
- Colchen Solar Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (9 weeks)
31 weeks - Colchen Solar Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.2%, this is a similar level of debt than the average (90%)
91.2% - Colchen Solar Limited
90% - Industry AVG
COLCHEN SOLAR LIMITED financials
Colchen Solar Limited's latest turnover from December 2023 is estimated at £10.6 million and the company has net assets of £355.3 thousand. According to their latest financial statements, Colchen Solar Limited has 2 employees and maintains cash reserves of £403.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Aug 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 214,002 | 256,639 | 326,189 | |||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 186,217 | 186,464 | 186,121 | |||||||||
| Gross Profit | 27,785 | 70,175 | 140,068 | |||||||||
| Admin Expenses | 11,227 | 15,187 | 15,419 | |||||||||
| Operating Profit | 16,558 | 54,988 | 124,649 | |||||||||
| Interest Payable | 247,863 | 226,327 | 228,287 | |||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | -231,305 | -171,339 | -103,638 | |||||||||
| Tax | ||||||||||||
| Profit After Tax | -231,305 | -171,339 | -103,638 | |||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | -231,305 | -171,339 | -103,638 | |||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 5 | 5 | ||||
| EBITDA* | 144,993 | 181,488 | 249,833 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Aug 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,327,287 | 1,393,760 | 1,523,276 | 1,652,792 | 1,782,308 | 1,905,654 | 2,034,831 | 2,098,918 | 2,393,721 | 2,353,852 | 2,466,961 | |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 1,327,287 | 1,393,760 | 1,523,276 | 1,652,792 | 1,782,308 | 1,905,654 | 2,034,831 | 2,098,918 | 2,393,721 | 2,353,852 | 2,466,961 | |
| Stock & work in progress | 1,527 | 1,527 | 1,527 | |||||||||
| Trade Debtors | 2,319,155 | 2,148,078 | 1,554,242 | 1,311,749 | 1,163,347 | 708,572 | 767,260 | 20,351 | 20,265 | 74,770 | 6,867 | |
| Group Debtors | 641,562 | 427,664 | 191,952 | 304,141 | ||||||||
| Misc Debtors | 42,353 | 50,504 | 69,927 | 180,737 | ||||||||
| Cash | 403,087 | 180,780 | 181,044 | 144,460 | 56,193 | 363,656 | ||||||
| misc current assets | ||||||||||||
| total current assets | 2,723,769 | 2,330,385 | 1,736,813 | 1,456,209 | 1,219,540 | 1,072,228 | 767,260 | 704,266 | 498,433 | 336,649 | 491,745 | |
| total assets | 4,051,056 | 3,724,145 | 3,260,089 | 3,109,001 | 3,001,848 | 2,977,882 | 2,802,091 | 2,803,184 | 2,892,154 | 2,690,501 | 2,958,706 | |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 655,738 | 609,423 | 602,342 | 606,861 | 610,235 | 664,564 | 523,954 | 11,853 | 1,606 | 1,971 | 291,248 | |
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 345,177 | 213,089 | 37,338 | 2,720 | ||||||||
| total current liabilities | 655,738 | 609,423 | 602,342 | 606,861 | 610,235 | 664,564 | 523,954 | 357,030 | 214,695 | 39,309 | 293,968 | |
| loans | 3,039,992 | 3,039,992 | 3,039,992 | 2,842,386 | 2,752,294 | |||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 3,039,992 | 3,039,992 | 3,039,992 | 3,039,992 | 3,039,992 | 3,039,992 | ||||||
| provisions | ||||||||||||
| total long term liabilities | 3,039,992 | 3,039,992 | 3,039,992 | 3,039,992 | 3,039,992 | 3,039,992 | 3,039,992 | 3,039,992 | 3,039,992 | 2,842,386 | 2,752,294 | |
| total liabilities | 3,695,730 | 3,649,415 | 3,642,334 | 3,646,853 | 3,650,227 | 3,704,556 | 3,563,946 | 3,397,022 | 3,254,687 | 2,881,695 | 3,046,262 | |
| net assets | 355,326 | 74,730 | -382,245 | -537,852 | -648,379 | -726,674 | -761,855 | -593,838 | -362,533 | -191,194 | -87,556 | |
| total shareholders funds | 355,326 | 74,730 | -382,245 | -537,852 | -648,379 | -726,674 | -761,855 | -593,838 | -362,533 | -191,194 | -87,556 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Aug 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 16,558 | 54,988 | 124,649 | |||||||||
| Depreciation | 110,829 | 129,516 | 129,516 | 129,516 | 140,614 | 129,159 | 148,672 | 128,435 | 126,500 | 125,184 | 79,395 | |
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | 1,527 | |||||||||||
| Debtors | 171,077 | 593,836 | 242,493 | 148,402 | 454,775 | -58,688 | 62,994 | 205,833 | 161,784 | -155,096 | 491,745 | |
| Creditors | 46,315 | 7,081 | -4,519 | -3,374 | -54,329 | 140,610 | 512,101 | 10,247 | -365 | -289,277 | 291,248 | |
| Accruals and Deferred Income | -345,177 | 132,088 | 175,751 | 34,618 | 2,720 | |||||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | 81,495 | 195,090 | 150,270 | |||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | -3,039,992 | 197,606 | 90,092 | 2,752,294 | ||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | 3,039,992 | |||||||||||
| share issue | ||||||||||||
| interest | -247,863 | -226,327 | -228,287 | |||||||||
| cash flow from financing | -247,863 | -28,721 | -138,195 | |||||||||
| cash and cash equivalents | ||||||||||||
| cash | 222,307 | -264 | 36,584 | 88,267 | -307,463 | 363,656 | ||||||
| overdraft | ||||||||||||
| change in cash | 222,307 | -264 | 36,584 | 88,267 | -307,463 | 363,656 |
colchen solar limited Credit Report and Business Information
Colchen Solar Limited Competitor Analysis
Perform a competitor analysis for colchen solar limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in SK10 area or any other competitors across 12 key performance metrics.
colchen solar limited Ownership
COLCHEN SOLAR LIMITED group structure
Colchen Solar Limited has no subsidiary companies.
Ultimate parent company
BIOTHERMIC HOLDINGS SA
#0112460
2 parents
COLCHEN SOLAR LIMITED
07743583
colchen solar limited directors
Colchen Solar Limited currently has 2 directors. The longest serving directors include Mr Graham Bell (May 2018) and Mr Henry Sykes (Feb 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Bell | 63 years | May 2018 | - | Director | |
| Mr Henry Sykes | United Kingdom | 34 years | Feb 2019 | - | Director |
P&L
December 2023turnover
10.6m
+3%
operating profit
358.8k
0%
gross margin
50.2%
+8.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
355.3k
+3.75%
total assets
4.1m
+0.09%
cash
403.1k
+1.23%
net assets
Total assets minus all liabilities
colchen solar limited company details
company number
07743583
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
August 2011
age
14
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
lightsource spv 14 limited (September 2015)
accountant
-
auditor
-
address
westminster house, 10 westminster road, macclesfield, cheshire, SK10 1BX
Bank
COUTTS & CO
Legal Advisor
-
colchen solar 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 colchen solar limited.
colchen solar limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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colchen solar limited Companies House Filings - See Documents
| date | description | view/download |
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