solis renewables limited

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solis renewables limited Company Information

Share SOLIS RENEWABLES LIMITED

Company Number

13769595

Shareholders

solis power holdings limited

actis gp llp (acting as general partner of actis energy 5 b lp)

Group Structure

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Industry

Activities of open-ended investment companies

 

Registered Address

c/o alter domus (uk) limited, 10th floor, london, EC3A 8BF

solis renewables limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SOLIS RENEWABLES LIMITED at £0 based on a Turnover of £0 and 1.27x industry multiple (adjusted for size and gross margin).

solis renewables limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SOLIS RENEWABLES LIMITED at £0 based on an EBITDA of £-63.1k and a 3.94x industry multiple (adjusted for size and gross margin).

solis renewables limited Estimated Valuation

£123m

Pomanda estimates the enterprise value of SOLIS RENEWABLES LIMITED at £123m based on Net Assets of £99.8m and 1.23x industry multiple (adjusted for liquidity).

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Solis Renewables Limited Overview

Solis Renewables Limited is a live company located in london, EC3A 8BF with a Companies House number of 13769595. It operates in the activities of open-ended investment companies sector, SIC Code 64304. Founded in November 2021, it's largest shareholder is solis power holdings limited with a 94.2% stake. Solis Renewables Limited is a startup, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Solis Renewables Limited Health Check

Pomanda's financial health check has awarded Solis Renewables Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

0 Regular

positive_score

1 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Solis Renewables Limited

- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Solis Renewables Limited

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Solis Renewables Limited

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Solis Renewables Limited

- - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (13)

- - Solis Renewables Limited

- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Solis Renewables Limited

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Solis Renewables Limited

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Solis Renewables Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Solis Renewables Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Solis Renewables Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (29 weeks)

- - Solis Renewables Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0%, this is a lower level of debt than the average (49.1%)

- - Solis Renewables Limited

- - Industry AVG

SOLIS RENEWABLES LIMITED financials

EXPORTms excel logo

Solis Renewables Limited's latest turnover from December 2023 is 0 and the company has net assets of £99.8 million. According to their latest financial statements, Solis Renewables Limited has 3 employees and maintains cash reserves of £23.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022
Turnover
Other Income Or Grants
Cost Of Sales
Gross Profit
Admin Expenses63,095466,355
Operating Profit-63,095-466,355
Interest Payable
Interest Receivable
Pre-Tax Profit-10,092,959-466,355
Tax
Profit After Tax-10,092,959-466,355
Dividends Paid
Retained Profit-10,092,959-466,355
Employee Costs
Number Of Employees33
EBITDA*-63,095-466,355

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022
Tangible Assets
Intangible Assets
Investments & Other99,799,3951
Debtors (Due After 1 year)
Total Fixed Assets99,799,3951
Stock & work in progress
Trade Debtors
Group Debtors56577,472,946
Misc Debtors
Cash23,212133,126
misc current assets
total current assets23,77777,606,072
total assets99,823,17377,606,073
Bank overdraft28
Bank loan
Trade Creditors
Group/Directors Accounts56577,893,444
other short term finances
hp & lease commitments
other current liabilities26,891169,770
total current liabilities27,45778,063,242
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities27,45778,063,242
net assets99,795,715-457,169
total shareholders funds99,795,715-457,169
Dec 2023Dec 2022
Operating Activities
Operating Profit-63,095-466,355
Depreciation
Amortisation
Tax
Stock
Debtors-77,472,38177,472,946
Creditors
Accruals and Deferred Income-142,879169,770
Deferred Taxes & Provisions
Cash flow from operations77,266,407-77,769,531
Investing Activities
capital expenditure
Change in Investments99,799,3951
cash flow from investments-99,799,395-1
Financing Activities
Bank loans
Group/Directors Accounts-77,892,87877,893,444
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue110,345,8439,186
interest
cash flow from financing32,452,96577,902,630
cash and cash equivalents
cash-109,914133,126
overdraft-2828
change in cash-109,886133,098

solis renewables 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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Solis Renewables Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for solis renewables limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other startup companies, companies in EC3A area or any other competitors across 12 key performance metrics.

solis renewables limited Ownership

SOLIS RENEWABLES LIMITED group structure

Solis Renewables Limited has 1 subsidiary company.

Ultimate parent company

SOLIS POWER HOLDINGS LTD

#0114332

1 parent

SOLIS RENEWABLES LIMITED

13769595

1 subsidiary

SOLIS RENEWABLES LIMITED Shareholders

solis power holdings limited 94.18%
actis gp llp (acting as general partner of actis energy 5 b lp) 5.82%

solis renewables limited directors

Solis Renewables Limited currently has 3 directors. The longest serving directors include Mr James Mittell (Apr 2022) and Mr Timothy Trott (May 2022).

officercountryagestartendrole
Mr James MittellUnited Kingdom41 years Apr 2022- Director
Mr Timothy TrottUnited Kingdom43 years May 2022- Director
Mr Daniel JordanUnited Kingdom33 years Jan 2025- Director

P&L

December 2023

turnover

0

0%

operating profit

-63.1k

-86%

gross margin

0%

0%

turnover

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

Balance Sheet

December 2023

net assets

99.8m

-219.29%

total assets

99.8m

+0.29%

cash

23.2k

-0.83%

net assets

Total assets minus all liabilities

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solis renewables limited company details

company number

13769595

Type

Private limited with Share Capital

industry

64304 - Activities of open-ended investment companies

incorporation date

November 2021

age

4

incorporated

UK

ultimate parent company

SOLIS POWER HOLDINGS LTD

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

ERNST & YOUNG LLP

address

c/o alter domus (uk) limited, 10th floor, london, EC3A 8BF

Bank

-

Legal Advisor

-

solis renewables 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 solis renewables limited.

solis renewables 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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solis renewables limited Companies House Filings - See Documents

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