i am solar ltd
i am solar ltd Company Information
Company Number
SC493681
Next Accounts
Sep 2025
Industry
Other holiday and other short-stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.
Physical well-being activities
Directors
Shareholders
solaris industries ltd
Group Structure
View All
Contact
Registered Address
48 sinclair street, helensburgh, G84 8TQ
Website
www.amsolarsystems.comi am solar ltd Estimated Valuation
Pomanda estimates the enterprise value of I AM SOLAR LTD at £229.1k based on a Turnover of £334.8k and 0.68x industry multiple (adjusted for size and gross margin).
i am solar ltd Estimated Valuation
Pomanda estimates the enterprise value of I AM SOLAR LTD at £753.7k based on an EBITDA of £220.4k and a 3.42x industry multiple (adjusted for size and gross margin).
i am solar ltd Estimated Valuation
Pomanda estimates the enterprise value of I AM SOLAR LTD at £3.1m based on Net Assets of £1.4m and 2.26x industry multiple (adjusted for liquidity).
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I Am Solar Ltd Overview
I Am Solar Ltd is a live company located in helensburgh, G84 8TQ with a Companies House number of SC493681. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in December 2014, it's largest shareholder is solaris industries ltd with a 100% stake. I Am Solar Ltd is a established, micro sized company, Pomanda has estimated its turnover at £334.8k with declining growth in recent years.
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I Am Solar Ltd Health Check
Pomanda's financial health check has awarded I Am Solar Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £334.8k, make it smaller than the average company (£2.4m)
- I Am Solar Ltd
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -48%, show it is growing at a slower rate (11.2%)
- I Am Solar Ltd
11.2% - Industry AVG
Production
with a gross margin of 43.4%, this company has a higher cost of product (66.2%)
- I Am Solar Ltd
66.2% - Industry AVG
Profitability
an operating margin of 65.8% make it more profitable than the average company (7.5%)
- I Am Solar Ltd
7.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (40)
4 - I Am Solar Ltd
40 - Industry AVG
Pay Structure
on an average salary of £22.7k, the company has an equivalent pay structure (£22.7k)
- I Am Solar Ltd
£22.7k - Industry AVG
Efficiency
resulting in sales per employee of £83.7k, this is more efficient (£61.8k)
- I Am Solar Ltd
£61.8k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is later than average (10 days)
- I Am Solar Ltd
10 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- I Am Solar Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 1010 days, this is more than average (31 days)
- I Am Solar Ltd
31 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - I Am Solar Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - I Am Solar Ltd
- - Industry AVG
I AM SOLAR LTD financials
I Am Solar Ltd's latest turnover from December 2023 is estimated at £334.8 thousand and the company has net assets of £1.4 million. According to their latest financial statements, I Am Solar Ltd has 4 employees and maintains cash reserves of £145 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 8 | 8 | 4 | 4 | 2 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 650,000 | 520,696 | 520,696 | 10,096 | 10,096 | 10,096 | 11,371 | 12,485 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 650,000 | 520,696 | 520,696 | 10,096 | 10,096 | 10,096 | 11,371 | 12,485 |
| Stock & work in progress | 525,000 | 355,825 | 205,000 | 0 | 0 | 0 | 484,071 | 484,071 |
| Trade Debtors | 45,000 | 545,650 | 651,216 | 585,436 | 533,386 | 543,386 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 49,079 | 44,100 |
| Cash | 145,000 | 105,000 | 84,325 | 31,910 | 0 | 0 | 10,954 | 11,095 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 5,898 | 717 |
| total current assets | 715,000 | 1,006,475 | 940,541 | 617,346 | 533,386 | 543,386 | 550,002 | 539,983 |
| total assets | 1,365,000 | 1,527,171 | 1,461,237 | 627,442 | 543,482 | 553,482 | 561,373 | 552,468 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 93,094 | 27,655 | 0 | 711,322 | 12,139 | 9,439 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 185,932 | 150,500 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 506,416 | 506,416 |
| total current liabilities | 0 | 0 | 93,094 | 27,655 | 0 | 711,322 | 704,487 | 666,355 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 120,222 | 111,222 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 120,222 | 111,222 | 0 |
| total liabilities | 0 | 0 | 93,094 | 27,655 | 0 | 831,544 | 815,709 | 666,355 |
| net assets | 1,365,000 | 1,527,171 | 1,368,143 | 599,787 | 543,482 | -278,062 | -254,336 | -113,887 |
| total shareholders funds | 1,365,000 | 1,527,171 | 1,368,143 | 599,787 | 543,482 | -278,062 | -254,336 | -113,887 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 3,622 | 3,121 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||
| Stock | 169,175 | 150,825 | 205,000 | 0 | 0 | -484,071 | 0 | 484,071 |
| Debtors | -500,650 | -105,566 | 65,780 | 52,050 | 533,386 | 494,307 | 4,979 | 44,100 |
| Creditors | 0 | -93,094 | 65,439 | 27,655 | 0 | 699,183 | 2,700 | 9,439 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -506,416 | 0 | 506,416 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -185,932 | 35,432 | 150,500 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 9,000 | 111,222 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 40,000 | 20,675 | 52,415 | 31,910 | 0 | -10,954 | -141 | 11,095 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 40,000 | 20,675 | 52,415 | 31,910 | 0 | -10,954 | -141 | 11,095 |
i am solar ltd Credit Report and Business Information
I Am Solar Ltd Competitor Analysis
Perform a competitor analysis for i am solar ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in G84 area or any other competitors across 12 key performance metrics.
i am solar ltd Ownership
I AM SOLAR LTD group structure
I Am Solar Ltd has no subsidiary companies.
i am solar ltd directors
I Am Solar Ltd currently has 1 director, Mr James Caughey serving since Dec 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Caughey | Scotland | 57 years | Dec 2023 | - | Director |
P&L
December 2023turnover
334.8k
-87%
operating profit
220.4k
0%
gross margin
43.4%
+9.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.4m
-0.11%
total assets
1.4m
-0.11%
cash
145k
+0.38%
net assets
Total assets minus all liabilities
i am solar ltd company details
company number
SC493681
Type
Private limited with Share Capital
industry
55209 - Other holiday and other short-stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.
96040 - Physical well-being activities
56101 - Licensed restaurants
incorporation date
December 2014
age
11
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
iam solar limited (February 2019)
accountant
-
auditor
-
address
48 sinclair street, helensburgh, G84 8TQ
Bank
-
Legal Advisor
-
i am solar ltd 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 i am solar ltd.
i am solar ltd 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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i am solar ltd Companies House Filings - See Documents
| date | description | view/download |
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