solar site systems limited
solar site systems limited Company Information
Company Number
12160786
Website
-Registered Address
eqinox 1 audby lane, wetherby, LS22 7RD
Industry
Roofing activities
Electrical installation
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
richard morley 33.3%
luke oldroyd 33.3%
View Allsolar site systems limited Estimated Valuation
Pomanda estimates the enterprise value of SOLAR SITE SYSTEMS LIMITED at £518k based on a Turnover of £1.3m and 0.41x industry multiple (adjusted for size and gross margin).
solar site systems limited Estimated Valuation
Pomanda estimates the enterprise value of SOLAR SITE SYSTEMS LIMITED at £372.5k based on an EBITDA of £105.5k and a 3.53x industry multiple (adjusted for size and gross margin).
solar site systems limited Estimated Valuation
Pomanda estimates the enterprise value of SOLAR SITE SYSTEMS LIMITED at £102k based on Net Assets of £39.8k and 2.57x industry multiple (adjusted for liquidity).
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Solar Site Systems Limited Overview
Solar Site Systems Limited is a live company located in wetherby, LS22 7RD with a Companies House number of 12160786. It operates in the electrical installation sector, SIC Code 43210. Founded in August 2019, it's largest shareholder is richard morley with a 33.3% stake. Solar Site Systems Limited is a young, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.
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Solar Site Systems Limited Health Check
Pomanda's financial health check has awarded Solar Site Systems Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £1.3m, make it larger than the average company (£850.6k)
- Solar Site Systems Limited
£850.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 182%, show it is growing at a faster rate (13%)
- Solar Site Systems Limited
13% - Industry AVG
Production
with a gross margin of 18.9%, this company has a higher cost of product (26.9%)
- Solar Site Systems Limited
26.9% - Industry AVG
Profitability
an operating margin of 8.4% make it as profitable than the average company (8.6%)
- Solar Site Systems Limited
8.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
1 - Solar Site Systems Limited
9 - Industry AVG
Pay Structure
on an average salary of £45.7k, the company has an equivalent pay structure (£45.7k)
- Solar Site Systems Limited
£45.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£166k)
- Solar Site Systems Limited
£166k - Industry AVG
Debtor Days
it gets paid by customers after 108 days, this is later than average (56 days)
- Solar Site Systems Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 127 days, this is slower than average (40 days)
- Solar Site Systems Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Solar Site Systems Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Solar Site Systems Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.5%, this is a higher level of debt than the average (61.8%)
90.5% - Solar Site Systems Limited
61.8% - Industry AVG
SOLAR SITE SYSTEMS LIMITED financials
Solar Site Systems Limited's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of £39.8 thousand. According to their latest financial statements, Solar Site Systems Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 33,874 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 33,874 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 373,216 | 50,897 | 14,795 | 14,539 | 2,211 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 12,914 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 386,130 | 50,897 | 14,795 | 14,539 | 2,211 |
| total assets | 420,004 | 50,897 | 14,795 | 14,539 | 2,211 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 355,670 | 76,616 | 944 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 355,670 | 76,616 | 944 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 24,550 | 13,611 | 19,038 | 23,750 | 25,000 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 24,550 | 13,611 | 19,038 | 23,750 | 25,000 |
| total liabilities | 380,220 | 90,227 | 19,982 | 23,750 | 25,000 |
| net assets | 39,784 | -39,330 | -5,187 | -9,211 | -22,789 |
| total shareholders funds | 39,784 | -39,330 | -5,187 | -9,211 | -22,789 |
| Mar 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 335,233 | 36,102 | 256 | 12,328 | 2,211 |
| Creditors | 279,054 | 75,672 | 944 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 10,939 | -5,427 | -4,712 | -1,250 | 25,000 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
solar site systems limited Credit Report and Business Information
Solar Site Systems Limited Competitor Analysis
Perform a competitor analysis for solar site systems limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in LS22 area or any other competitors across 12 key performance metrics.
solar site systems limited Ownership
SOLAR SITE SYSTEMS LIMITED group structure
Solar Site Systems Limited has no subsidiary companies.
Ultimate parent company
SOLAR SITE SYSTEMS LIMITED
12160786
solar site systems limited directors
Solar Site Systems Limited currently has 3 directors. The longest serving directors include Mr Luke Oldroyd (Aug 2019) and Miss Emma Holmes (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Luke Oldroyd | England | 36 years | Aug 2019 | - | Director |
| Miss Emma Holmes | England | 35 years | Jul 2023 | - | Director |
| Mr David Heron | England | 35 years | Aug 2024 | - | Director |
P&L
March 2024turnover
1.3m
+382%
operating profit
105.5k
0%
gross margin
19%
+3.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
39.8k
-2.01%
total assets
420k
+7.25%
cash
0
0%
net assets
Total assets minus all liabilities
solar site systems limited company details
company number
12160786
Type
Private limited with Share Capital
industry
43910 - Roofing activities
43210 - Electrical installation
incorporation date
August 2019
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
hs site services limited (October 2022)
luke oldroyd limited (October 2022)
accountant
-
auditor
-
address
eqinox 1 audby lane, wetherby, LS22 7RD
Bank
-
Legal Advisor
-
solar site systems 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 site systems limited.
solar site systems limited Companies House Filings - See Documents
| date | description | view/download |
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