SOLAR OPTIONS FOR SCHOOLS LIMITED Financials
- Company number
- 09812345CopyCopy
- Registered office
- Osier House Osier Way, Sible Hedingham, Halstead CO9 3FF
- Incorporated
- 06/10/2015
Company snapshot
- Status
- Active
- Employees
- 15 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
25.63%vs 20222022: £676.31K
Total Assets
44.34%vs 20222022: £904.66K
Cash in Bank
-14.40%vs 20222022: £262.64K
Total Liabilities
106.74%vs 20222022: £214.46K
Employees
+7vs 20222022: 8
In 2023, SOLAR OPTIONS FOR SCHOOLS LIMITED reported net assets of £849.66K. The same filing shows total assets of £1.31M, cash in bank of £224.81K and total liabilities of £443.38K. Reported headcount was 15 in 2023. Total Assets rose from £904.66K in 2022 to £1.31M in 2023 (44.34%). Okredo holds filed figures for 2021–2023; 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
25.63%from £676.31K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures SOLAR OPTIONS FOR SCHOOLS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Increasedvs 2021Cash in Bank
+446%vs 2021+134% a year compound (CAGR)
Total Assets
+209%vs 2021+75.8% a year compound (CAGR)
Total Liabilities
-40%vs 2021-22.6% a year compound (CAGR)
Employees
+150%vs 2021+9Biggest increase
Cash in Bank+446%
£41.16K in 2021 to £224.81K in 2023
Biggest decrease
Total Liabilities-40%
£739.52K in 2021 to £443.38K in 2023
SOLAR OPTIONS FOR SCHOOLS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SOLAR OPTIONS FOR SCHOOLS 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
- 65.07%2023
- 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.
- Liabilities to total assets
- 33.95%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 50.70%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 17.22%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SOLAR OPTIONS FOR SCHOOLS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -318.32K | 676.31K | 849.66K |
| Total Assets£ | 422.63K | 904.66K | 1.31M |
| Cash in Bank£ | 41.16K | 262.64K | 224.81K |
| Total Liabilities£ | 739.52K | 214.46K | 443.38K |
| Employees | 6 | 8 | 15 |
SOLAR OPTIONS FOR SCHOOLS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SOLAR OPTIONS FOR SCHOOLS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SOLAR OPTIONS FOR SCHOOLS LIMITED reported net assets of £849.66K for 2023. That compares with £676.31K in 2022, a change of 25.63%.
SOLAR OPTIONS FOR SCHOOLS LIMITED reported total assets of £1.31M for 2023. That compares with £904.66K in 2022, a change of 44.34%.
SOLAR OPTIONS FOR SCHOOLS LIMITED reported cash in bank of £224.81K for 2023. That compares with £262.64K in 2022, a change of -14.40%.
SOLAR OPTIONS FOR SCHOOLS LIMITED reported 15 employees in 2023, compared with 8 in 2022.
Between 2021 and 2023, SOLAR OPTIONS FOR SCHOOLS LIMITED's cash in bank rose by 446%, total assets rose by 209%, total liabilities fell by 40% and employee numbers rose by 150%. Cash in bank compounded at 134% a year across the two years to 2023, from £41.16K to £224.81K. Reported headcount went from 6 in 2021 to 15 in 2023 (+9).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.