channel solar limited
channel solar limited Company Information
Company Number
07855909
Next Accounts
Mar 2026
Directors
Shareholders
renewable energy income partnership holdings limited
Group Structure
View All
Industry
Production of electricity
Registered Address
uk house, 5th floor, 164-182 oxford street, london, W1D 1NN
Website
-channel solar limited Estimated Valuation
Pomanda estimates the enterprise value of CHANNEL SOLAR LIMITED at £2.6m based on a Turnover of £1.7m and 1.48x industry multiple (adjusted for size and gross margin).
channel solar limited Estimated Valuation
Pomanda estimates the enterprise value of CHANNEL SOLAR LIMITED at £5.4m based on an EBITDA of £1.3m and a 4.21x industry multiple (adjusted for size and gross margin).
channel solar limited Estimated Valuation
Pomanda estimates the enterprise value of CHANNEL SOLAR LIMITED at £0 based on Net Assets of £-3.6m and 2.63x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Channel Solar Limited Overview
Channel Solar Limited is a live company located in london, W1D 1NN with a Companies House number of 07855909. It operates in the production of electricity sector, SIC Code 35110. Founded in November 2011, it's largest shareholder is renewable energy income partnership holdings limited with a 100% stake. Channel Solar Limited is a established, small sized company, Pomanda has estimated its turnover at £1.7m with low growth in recent years.
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Channel Solar Limited Health Check
Pomanda's financial health check has awarded Channel Solar Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
4 Weak
Size
annual sales of £1.7m, make it in line with the average company (£1.6m)
£1.7m - Channel Solar Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (11.7%)
2% - Channel Solar Limited
11.7% - Industry AVG
Production
with a gross margin of 47.2%, this company has a higher cost of product (65.6%)
47.2% - Channel Solar Limited
65.6% - Industry AVG
Profitability
an operating margin of 44.9% make it as profitable than the average company (48.9%)
44.9% - Channel Solar Limited
48.9% - Industry AVG
Employees
with 4 employees, this is above the industry average (2)
- Channel Solar Limited
2 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Channel Solar Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £430.2k, this is equally as efficient (£432.1k)
- Channel Solar Limited
£432.1k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is near the average (16 days)
16 days - Channel Solar Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (19 days)
17 days - Channel Solar Limited
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Channel Solar Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (11 weeks)
15 weeks - Channel Solar Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 142.1%, this is a higher level of debt than the average (89.1%)
142.1% - Channel Solar Limited
89.1% - Industry AVG
CHANNEL SOLAR LIMITED financials
Channel Solar Limited's latest turnover from June 2024 is £1.7 million and the company has net assets of -£3.6 million. According to their latest financial statements, we estimate that Channel Solar Limited has 4 employees and maintains cash reserves of £160.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Aug 2013 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,720,947 | 1,874,310 | 1,509,388 | 1,622,331 | 1,647,992 | 1,698,825 | 1,458,851 | 644,357 | 1,246,950 | 1,376,257 | 1,073,720 | ||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 909,582 | 863,153 | 776,068 | 771,750 | 772,215 | 763,224 | 862,995 | 419,434 | 756,584 | 738,735 | 570,242 | ||
| Gross Profit | 811,365 | 1,011,157 | 733,320 | 850,581 | 875,777 | 935,601 | 595,856 | 224,923 | 490,366 | 637,522 | 503,478 | ||
| Admin Expenses | 39,273 | 37,466 | 34,841 | 10,706 | 576,054 | 14,696 | 11,605 | 150,524 | 256,571 | 257,912 | 212,923 | ||
| Operating Profit | 772,092 | 973,691 | 698,479 | 839,875 | 299,723 | 920,905 | 584,251 | 74,399 | 233,795 | 379,610 | 290,555 | ||
| Interest Payable | 767,568 | 794,013 | 806,945 | 829,946 | 835,203 | 871,931 | 881,847 | 605,166 | 874,937 | 865,813 | 1,229,558 | ||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | 4,524 | 179,678 | -108,466 | 9,929 | -535,480 | 48,974 | -297,596 | -530,767 | -641,142 | -486,230 | -939,003 | ||
| Tax | -84,906 | -151,205 | -26,584 | 28,491 | -28,491 | ||||||||
| Profit After Tax | -80,382 | 28,473 | -108,466 | -16,655 | -506,989 | 20,483 | -297,596 | -530,767 | -641,142 | -486,230 | -939,003 | ||
| Dividends Paid | |||||||||||||
| Retained Profit | -80,382 | 28,473 | -108,466 | -16,655 | -506,989 | 20,483 | -297,596 | -530,767 | -641,142 | -486,230 | -939,003 | ||
| Employee Costs | |||||||||||||
| Number Of Employees | 3 | 3 | 3 | ||||||||||
| EBITDA* | 1,276,901 | 1,473,099 | 1,168,740 | 1,309,425 | 768,907 | 1,389,494 | 1,049,388 | 308,067 | 703,943 | 849,757 | 625,168 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Aug 2013 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,619,058 | 7,793,959 | 8,388,409 | 8,376,322 | 8,816,506 | 9,280,348 | 9,744,293 | 10,176,589 | 10,410,257 | 10,948,054 | 11,413,906 | 399,953 | 395,469 |
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 7,619,058 | 7,793,959 | 8,388,409 | 8,376,322 | 8,816,506 | 9,280,348 | 9,744,293 | 10,176,589 | 10,410,257 | 10,948,054 | 11,413,906 | 399,953 | 395,469 |
| Stock & work in progress | |||||||||||||
| Trade Debtors | 78,507 | 88,979 | 160,704 | 63,940 | 73,036 | 69,846 | 63,475 | 137,274 | 158,968 | 327,757 | 161,721 | 166,237 | |
| Group Debtors | 411,372 | 255,427 | 281,822 | ||||||||||
| Misc Debtors | 609,540 | 778,912 | 570,305 | 640,090 | 794,963 | 819,377 | 585,533 | 451,312 | 388,643 | 351,062 | 320,593 | ||
| Cash | 160,402 | 443,817 | 227,643 | 76,599 | 295,344 | 259,841 | 209,261 | 341,650 | 1,079,186 | 1,009,175 | 1,276,630 | ||
| misc current assets | |||||||||||||
| total current assets | 848,449 | 1,311,708 | 958,652 | 716,689 | 1,154,247 | 1,152,254 | 864,640 | 856,437 | 2,016,475 | 1,774,632 | 2,206,802 | 161,721 | 166,237 |
| total assets | 8,467,507 | 9,105,667 | 9,347,061 | 9,093,011 | 9,970,753 | 10,432,602 | 10,608,933 | 11,033,026 | 12,426,732 | 12,722,686 | 13,620,708 | 561,674 | 561,706 |
| Bank overdraft | 240,337 | 271,830 | |||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 43,446 | 3,759 | 31,461 | 5,829 | 8,340 | 28,386 | 27,671 | 109,073 | 53,415 | 567,398 | 563,873 | ||
| Group/Directors Accounts | |||||||||||||
| other short term finances | 206,302 | 146,340 | |||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 500,701 | 618,227 | 445,582 | 223,387 | 1,152,179 | 181,508 | 289,722 | 182,131 | 819,625 | 218,953 | 231,152 | ||
| total current liabilities | 544,147 | 618,227 | 449,341 | 254,848 | 1,158,008 | 189,848 | 318,108 | 209,802 | 1,375,337 | 365,293 | 556,397 | 567,398 | 563,873 |
| loans | 10,964,568 | 11,504,308 | 11,900,841 | 12,215,166 | 12,199,677 | 13,094,206 | 13,191,251 | 13,426,054 | 13,311,878 | 13,916,781 | 13,951,833 | ||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 57,205 | ||||||||||||
| provisions | 522,754 | 466,712 | 508,932 | 26,584 | 28,491 | ||||||||
| total long term liabilities | 11,487,322 | 11,971,020 | 12,409,773 | 12,241,750 | 12,199,677 | 13,122,697 | 13,191,251 | 13,426,054 | 13,311,878 | 13,916,781 | 14,009,038 | ||
| total liabilities | 12,031,469 | 12,589,247 | 12,859,114 | 12,496,598 | 13,357,685 | 13,312,545 | 13,509,359 | 13,635,856 | 14,687,215 | 14,282,074 | 14,565,435 | 567,398 | 563,873 |
| net assets | -3,563,962 | -3,483,580 | -3,512,053 | -3,403,587 | -3,386,932 | -2,879,943 | -2,900,426 | -2,602,830 | -2,260,483 | -1,559,388 | -944,727 | -5,724 | -2,167 |
| total shareholders funds | -3,563,962 | -3,483,580 | -3,512,053 | -3,403,587 | -3,386,932 | -2,879,943 | -2,900,426 | -2,602,830 | -2,260,483 | -1,559,388 | -944,727 | -5,724 | -2,167 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Aug 2013 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 772,092 | 973,691 | 698,479 | 839,875 | 299,723 | 920,905 | 584,251 | 74,399 | 233,795 | 379,610 | 290,555 | ||
| Depreciation | 504,809 | 499,408 | 470,261 | 469,550 | 469,184 | 468,589 | 465,137 | 233,668 | 470,148 | 470,147 | 334,613 | ||
| Amortisation | |||||||||||||
| Tax | -84,906 | -151,205 | -26,584 | 28,491 | -28,491 | ||||||||
| Stock | |||||||||||||
| Debtors | -179,844 | 136,882 | 90,919 | -218,813 | -33,510 | 237,034 | 140,592 | -422,502 | 171,832 | -164,715 | 768,451 | 161,721 | 166,237 |
| Creditors | 43,446 | -3,759 | -27,702 | 25,632 | -2,511 | -20,046 | 715 | -81,402 | 109,073 | -53,415 | -513,983 | 567,398 | 563,873 |
| Accruals and Deferred Income | -117,526 | 172,645 | 222,195 | -928,792 | 970,671 | -108,214 | 107,591 | -637,494 | 600,672 | -12,199 | 231,152 | ||
| Deferred Taxes & Provisions | 56,042 | -42,220 | 482,348 | 26,584 | -28,491 | 28,491 | |||||||
| Cash flow from operations | 1,353,801 | 1,311,678 | 1,754,662 | 625,078 | 1,770,577 | 1,024,200 | 1,017,102 | 11,673 | 1,241,856 | 948,858 | -426,114 | ||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | -206,302 | 59,962 | 146,340 | ||||||||||
| Long term loans | -539,740 | -396,533 | -314,325 | 15,489 | -894,529 | -97,045 | -234,803 | 114,176 | -604,903 | -35,052 | 13,951,833 | ||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | -57,205 | 57,205 | |||||||||||
| share issue | |||||||||||||
| interest | -767,568 | -794,013 | -806,945 | -829,946 | -835,203 | -871,931 | -881,847 | -605,166 | -874,937 | -865,813 | -1,229,558 | ||
| cash flow from financing | -1,307,308 | -1,190,546 | -1,121,270 | -814,457 | -1,729,732 | -968,976 | -1,116,650 | -508,872 | -1,479,831 | -940,161 | 12,779,480 | ||
| cash and cash equivalents | |||||||||||||
| cash | -283,415 | 216,174 | 151,044 | -218,745 | 35,503 | 50,580 | -132,389 | -737,536 | 70,011 | -267,455 | 1,276,630 | ||
| overdraft | -240,337 | 240,337 | -271,830 | 271,830 | |||||||||
| change in cash | -283,415 | 216,174 | 151,044 | -218,745 | 35,503 | 50,580 | -132,389 | -497,199 | -170,326 | 4,375 | 1,004,800 |
channel solar limited Credit Report and Business Information
Channel Solar Limited Competitor Analysis
Perform a competitor analysis for channel solar limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in W1D area or any other competitors across 12 key performance metrics.
channel solar limited Ownership
CHANNEL SOLAR LIMITED group structure
Channel Solar Limited has no subsidiary companies.
Ultimate parent company
2 parents
CHANNEL SOLAR LIMITED
07855909
channel solar limited directors
Channel Solar Limited currently has 1 director, Mr Alexander Brierley serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Brierley | 46 years | May 2017 | - | Director |
P&L
June 2024turnover
1.7m
-8%
operating profit
772.1k
-21%
gross margin
47.2%
-12.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
-3.6m
+0.02%
total assets
8.5m
-0.07%
cash
160.4k
-0.64%
net assets
Total assets minus all liabilities
Similar Companies
channel solar limited company details
company number
07855909
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
November 2011
age
14
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
uk house, 5th floor, 164-182 oxford street, london, W1D 1NN
Bank
BARCLAYS BANK PLC
Legal Advisor
-
channel 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 channel solar limited.
channel 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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channel solar limited Companies House Filings - See Documents
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