solar finco 1 limited
solar finco 1 limited Company Information
Company Number
10483446
Next Accounts
Dec 2025
Shareholders
solar finco 2 limited
Group Structure
View All
Industry
Activities of production holding companies
Registered Address
10 lower thames street, london, EC3R 6AF
Website
constantinegroup.comsolar finco 1 limited Estimated Valuation
Pomanda estimates the enterprise value of SOLAR FINCO 1 LIMITED at £48.3m based on a Turnover of £16.2m and 2.98x industry multiple (adjusted for size and gross margin).
solar finco 1 limited Estimated Valuation
Pomanda estimates the enterprise value of SOLAR FINCO 1 LIMITED at £147.3m based on an EBITDA of £11.6m and a 12.65x industry multiple (adjusted for size and gross margin).
solar finco 1 limited Estimated Valuation
Pomanda estimates the enterprise value of SOLAR FINCO 1 LIMITED at £0 based on Net Assets of £-38.9m and 1.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Solar Finco 1 Limited Overview
Solar Finco 1 Limited is a live company located in london, EC3R 6AF with a Companies House number of 10483446. It operates in the activities of production holding companies sector, SIC Code 64202. Founded in November 2016, it's largest shareholder is solar finco 2 limited with a 100% stake. Solar Finco 1 Limited is a young, mid sized company, Pomanda has estimated its turnover at £16.2m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Solar Finco 1 Limited Health Check
Pomanda's financial health check has awarded Solar Finco 1 Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £16.2m, make it in line with the average company (£18.7m)
£16.2m - Solar Finco 1 Limited
£18.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9.9%)
11% - Solar Finco 1 Limited
9.9% - Industry AVG
Production
with a gross margin of 99.5%, this company has a lower cost of product (32.2%)
99.5% - Solar Finco 1 Limited
32.2% - Industry AVG
Profitability
an operating margin of 27.6% make it more profitable than the average company (6.1%)
27.6% - Solar Finco 1 Limited
6.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (107)
3 - Solar Finco 1 Limited
107 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Solar Finco 1 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £5.4m, this is more efficient (£174.4k)
£5.4m - Solar Finco 1 Limited
£174.4k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (52 days)
8 days - Solar Finco 1 Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 1925 days, this is slower than average (50 days)
1925 days - Solar Finco 1 Limited
50 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Solar Finco 1 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 72 weeks, this is more cash available to meet short term requirements (13 weeks)
72 weeks - Solar Finco 1 Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 150.2%, this is a higher level of debt than the average (52.6%)
150.2% - Solar Finco 1 Limited
52.6% - Industry AVG
SOLAR FINCO 1 LIMITED financials
Solar Finco 1 Limited's latest turnover from March 2024 is £16.2 million and the company has net assets of -£38.9 million. According to their latest financial statements, Solar Finco 1 Limited has 3 employees and maintains cash reserves of £12 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 16,226,981 | 14,438,074 | 13,356,955 | 12,012,894 | 12,552,705 | 11,295,768 | 2,771,926 | |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 84,817 | 93,063 | 121,462 | 84,918 | 120,219 | 2,071,050 | 756,912 | |
| Gross Profit | 16,142,164 | 14,345,011 | 13,235,493 | 11,927,976 | 12,432,486 | 9,224,718 | 2,015,014 | |
| Admin Expenses | 11,657,437 | 10,751,226 | 11,209,044 | 10,798,238 | 11,618,956 | 8,229,809 | 2,550,979 | |
| Operating Profit | 4,484,727 | 3,593,785 | 2,026,449 | 1,129,738 | 813,530 | 994,909 | -535,965 | |
| Interest Payable | 5,432,339 | 10,276,477 | 7,197,948 | 3,342,033 | 4,298,707 | 4,230,334 | 1,258,235 | |
| Interest Receivable | ||||||||
| Pre-Tax Profit | -947,612 | -6,682,692 | -5,171,499 | -2,212,295 | -3,485,177 | -3,235,425 | -1,794,200 | |
| Tax | -17,774 | -386,586 | -307,819 | -743,488 | -607,194 | -325,958 | 190,938 | |
| Profit After Tax | -965,386 | -7,069,278 | -5,479,318 | -2,955,783 | -4,092,371 | -3,561,383 | -1,603,262 | |
| Dividends Paid | ||||||||
| Retained Profit | -965,386 | -7,069,278 | -5,479,318 | -2,955,783 | -4,092,371 | -4,787,314 | -2,018,250 | |
| Employee Costs | ||||||||
| Number Of Employees | 3 | 2 | 4 | 3 | 2 | 2 | ||
| EBITDA* | 11,640,635 | 12,134,492 | 9,490,517 | 8,482,755 | 8,278,212 | 8,470,608 | 1,960,525 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 52,316,397 | 57,774,166 | 63,986,640 | 70,605,878 | 76,865,913 | 83,230,292 | 89,559,963 | |
| Intangible Assets | 4,007,601 | 5,100,583 | 6,193,565 | 7,286,547 | 8,379,529 | 9,472,511 | 10,565,493 | |
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | 192,922 | 359,093 | 340,138 | 229,462 | 159,608 | 159,608 | 159,608 | |
| Total Fixed Assets | 56,516,920 | 63,233,842 | 70,520,343 | 78,121,887 | 85,405,050 | 92,862,411 | 100,285,064 | |
| Stock & work in progress | ||||||||
| Trade Debtors | 392,233 | 302,358 | 119,848 | 81,147 | 16,502 | 69,602 | 386,313 | |
| Group Debtors | 39,365 | |||||||
| Misc Debtors | 8,430,454 | 5,740,558 | 5,604,414 | 4,438,316 | 5,399,802 | 5,754,331 | 6,165,811 | |
| Cash | 12,031,902 | 11,154,496 | 9,054,565 | 9,123,881 | 9,205,627 | 6,942,430 | 4,016,391 | 1 |
| misc current assets | ||||||||
| total current assets | 20,893,954 | 17,197,412 | 14,778,827 | 13,643,344 | 14,621,931 | 12,766,363 | 10,568,515 | 1 |
| total assets | 77,410,874 | 80,431,254 | 85,299,170 | 91,765,231 | 100,026,981 | 105,628,774 | 110,853,579 | 1 |
| Bank overdraft | 10 | 6 | 6 | 3,543,983 | ||||
| Bank loan | 3,534,137 | 391,755 | 3,567,263 | 2,356,787 | 2,563,926 | 2,225,718 | ||
| Trade Creditors | 447,367 | 392,165 | 566,889 | 349,976 | 463,168 | 699,522 | 523,035 | |
| Group/Directors Accounts | 179,466 | 81,628 | 10,939 | 19,022,033 | 128,330 | |||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 4,507,241 | 2,645,845 | 2,938,324 | 1,475,874 | 1,080,248 | 289,423 | 991,438 | |
| total current liabilities | 8,668,221 | 3,511,393 | 7,072,482 | 4,193,582 | 24,109,432 | 3,681,201 | 3,740,191 | |
| loans | 106,682,707 | 113,912,309 | 108,686,569 | 98,275,187 | 101,107,164 | 83,625,208 | ||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 112,860,031 | |||||||
| provisions | 915,497 | 897,717 | 332,858 | 25,039 | ||||
| total long term liabilities | 107,598,204 | 114,810,026 | 109,019,427 | 112,885,070 | 98,275,187 | 101,107,164 | 83,625,208 | |
| total liabilities | 116,266,425 | 118,321,419 | 116,091,909 | 117,078,652 | 122,384,619 | 104,788,365 | 87,365,399 | |
| net assets | -38,855,551 | -37,890,165 | -30,792,739 | -25,313,421 | -22,357,638 | -11,716,321 | -2,018,249 | 1 |
| total shareholders funds | -38,855,551 | -37,890,165 | -30,792,739 | -25,313,421 | -22,357,638 | -11,716,321 | -2,018,249 | 1 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 4,484,727 | 3,593,785 | 2,026,449 | 1,129,738 | 813,530 | 994,909 | -535,965 | |
| Depreciation | 7,155,908 | 7,447,725 | 6,371,086 | 6,260,035 | 6,371,700 | 6,382,717 | 2,132,163 | |
| Amortisation | 1,092,982 | 1,092,982 | 1,092,982 | 1,092,982 | 1,092,982 | 364,327 | ||
| Tax | -17,774 | -386,586 | -307,819 | -743,488 | -607,194 | -325,958 | 190,938 | |
| Stock | ||||||||
| Debtors | 2,652,965 | 337,609 | 1,315,475 | -826,987 | -407,629 | -728,191 | 6,711,732 | |
| Creditors | 55,202 | -174,724 | 216,913 | -113,192 | -236,354 | 176,487 | 523,035 | |
| Accruals and Deferred Income | 1,861,396 | -292,479 | 1,462,450 | 395,626 | 790,825 | -702,015 | 991,438 | |
| Deferred Taxes & Provisions | 17,780 | 564,859 | 307,819 | 25,039 | ||||
| Cash flow from operations | 10,904,274 | 11,507,953 | 9,854,405 | 8,873,727 | 8,633,118 | 8,347,313 | -3,045,796 | |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 3,142,382 | -3,175,508 | 1,210,476 | 2,356,787 | -2,563,926 | 338,208 | 2,225,718 | |
| Group/Directors Accounts | 97,838 | 81,628 | -10,939 | -19,011,094 | 18,893,703 | 128,330 | ||
| Other Short Term Loans | ||||||||
| Long term loans | -7,229,602 | 5,225,740 | 108,686,569 | -98,275,187 | -2,831,977 | 17,481,956 | 83,625,208 | |
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -112,860,031 | 112,860,031 | ||||||
| share issue | ||||||||
| interest | -5,432,339 | -10,276,477 | -7,197,948 | -3,342,033 | -4,298,707 | -4,230,334 | -1,258,235 | |
| cash flow from financing | -9,421,721 | -8,172,765 | -10,171,873 | -5,411,496 | 2,650,147 | 8,807,402 | 84,592,691 | 1 |
| cash and cash equivalents | ||||||||
| cash | 877,406 | 2,099,931 | -69,316 | -81,746 | 2,263,197 | 2,926,039 | 4,016,390 | 1 |
| overdraft | 10 | -6 | -3,543,977 | 3,543,983 | ||||
| change in cash | 877,396 | 2,099,937 | -69,316 | 3,462,231 | -1,280,786 | 2,926,039 | 4,016,390 | 1 |
solar finco 1 limited Credit Report and Business Information
Solar Finco 1 Limited Competitor Analysis
Perform a competitor analysis for solar finco 1 limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC3R area or any other competitors across 12 key performance metrics.
solar finco 1 limited Ownership
SOLAR FINCO 1 LIMITED group structure
Solar Finco 1 Limited has 17 subsidiary companies.
Ultimate parent company
2 parents
SOLAR FINCO 1 LIMITED
10483446
17 subsidiaries
solar finco 1 limited directors
Solar Finco 1 Limited currently has 2 directors. The longest serving directors include Ms Saffron Hooper-Kay (Jan 2023) and Mr Nuno Tome (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Saffron Hooper-Kay | England | 34 years | Jan 2023 | - | Director |
| Mr Nuno Tome | England | 52 years | Jan 2023 | - | Director |
P&L
March 2024turnover
16.2m
+12%
operating profit
4.5m
+25%
gross margin
99.5%
+0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-38.9m
+0.03%
total assets
77.4m
-0.04%
cash
12m
+0.08%
net assets
Total assets minus all liabilities
solar finco 1 limited company details
company number
10483446
Type
Private limited with Share Capital
industry
64202 - Activities of production holding companies
incorporation date
November 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
LUBBOCK FINE LLP
address
10 lower thames street, london, EC3R 6AF
Bank
HSBC BANK PLC
Legal Advisor
-
solar finco 1 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 found 6 charges/mortgages relating to solar finco 1 limited. Currently there are 5 open charges and 1 have been satisfied in the past.
solar finco 1 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.
Click to start generating capital raising & share issue transactions for SOLAR FINCO 1 LIMITED. This can take several minutes, an email will notify you when this has completed.
solar finco 1 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
