SOLAR CENTURY AFRICA LIMITED Financials
- Company number
- 12467417CopyCopy
- Registered office
- 12-14 Ansdell Street, London W8 5BN
- Incorporated
- 17/02/2020
Company snapshot
- Status
- Active
- Employees
- 18 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-39.29%vs 20232023: £-3.66M
Total Assets
243.74%vs 20232023: £1.93M
Cash in Bank
-55.88%vs 20232023: £722.42K
Employees
+3vs 20232023: 15
In 2024, SOLAR CENTURY AFRICA LIMITED reported net assets of £-5.10M. The same filing shows total assets of £6.63M and cash in bank of £318.70K. Reported headcount was 18 in 2024. Total Assets rose from £1.93M in 2023 to £6.63M in 2024 (243.74%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-39.29%from £-3.66M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures SOLAR CENTURY AFRICA LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
+422%vs 2022+129% a year compound (CAGR)
Total Assets
+244%vs 2022+85.5% a year compound (CAGR)
Employees
+125%vs 2022+10Biggest increase
Cash in Bank+422%
£61.00K in 2022 to £318.70K in 2024
SOLAR CENTURY AFRICA LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SOLAR CENTURY AFRICA LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -76.92%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Cash to total assets
- 4.81%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £123.46K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SOLAR CENTURY AFRICA LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -709.69K | -769.01K | -3.66M | -5.10M |
| Total Assets£ | 50.03K | 1.93M | 1.93M | 6.63M |
| Cash in Bank£ | 14.22K | 61.00K | 722.42K | 318.70K |
| Total Liabilities£ | – | – | – | – |
| Employees | 6 | 8 | 15 | 18 |
SOLAR CENTURY AFRICA LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SOLAR CENTURY AFRICA LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
SOLAR CENTURY AFRICA LIMITED reported net assets of £-5.10M for 2024. That compares with £-3.66M in 2023, a change of -39.29%.
SOLAR CENTURY AFRICA LIMITED reported total assets of £6.63M for 2024. That compares with £1.93M in 2023, a change of 243.74%.
SOLAR CENTURY AFRICA LIMITED reported cash in bank of £318.70K for 2024. That compares with £722.42K in 2023, a change of -55.88%.
SOLAR CENTURY AFRICA LIMITED reported 18 employees in 2024, compared with 15 in 2023.
Between 2022 and 2024, SOLAR CENTURY AFRICA LIMITED's cash in bank rose by 422%, total assets rose by 244% and employee numbers rose by 125%. Cash in bank compounded at 129% a year across the two years to 2024, from £61.00K to £318.70K. Reported headcount went from 8 in 2022 to 18 in 2024 (+10).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.