SOLAR WHEEL LIMITED Financials
- Company number
- 05755780Copy
Copy - Registered office
- Fforest, Brechfa, Carmarthen, Dyfed SA32 7BL
- Incorporated
- 24/03/2006
Company snapshot
- Status
- Active
- Employees
- 14 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
14.24%vs 20242024: £333.50K
Total Assets
13.32%vs 20242024: £892.77K
Cash in Bank
-42.58%vs 20242024: £143.37K
Total Liabilities
3.22%vs 20242024: £341.81K
Employees
+1vs 20242024: 13
In 2025, SOLAR WHEEL LIMITED reported net assets of £380.98K. The same filing shows total assets of £1.01M, cash in bank of £82.31K and total liabilities of £352.81K. Reported headcount was 14 in 2025. Total Assets rose from £892.77K in 2024 to £1.01M in 2025 (13.32%). Okredo holds filed figures for 2021–2025; 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
14.24%from £333.50K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures SOLAR WHEEL LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+47.4%vs 2023+21.4% a year compound (CAGR)
Cash in Bank
+85.1%vs 2023+36% a year compound (CAGR)
Total Assets
+38.1%vs 2023+17.5% a year compound (CAGR)
Total Liabilities
-0.2%vs 2023-<0.1% a year compound (CAGR)
Employees
+7.7%vs 2023+1Biggest increase
Cash in Bank+85.1%
£44.47K in 2023 to £82.31K in 2025
Biggest decrease
Total Liabilities-0.2%
£353.40K in 2023 to £352.81K in 2025
SOLAR WHEEL LIMITED's filings pull in both directions between 2023 and 2025. 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 WHEEL 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
- 37.66%2025
- Liabilities to total assets
- 34.87%2025
- Cash to liabilities
- 23.33%2025
- Cash to total assets
- 8.14%2025
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 WHEEL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 187.08K | 136.08K | 258.45K | 333.50K | 380.98K |
| Total Assets£ | – | 309.09K | 732.54K | 892.77K | 1.01M |
| Cash in Bank£ | 17.51K | 90.24K | 44.47K | 143.37K | 82.31K |
| Total Liabilities£ | – | 127.45K | 353.40K | 341.81K | 352.81K |
| Employees | 7 | 12 | 13 | 13 | 14 |
SOLAR WHEEL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has SOLAR WHEEL LIMITED filed financial statements?
Yes. Okredo holds filed figures for SOLAR WHEEL LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did SOLAR WHEEL LIMITED report in 2025?
SOLAR WHEEL LIMITED reported net assets of £380.98K for 2025. That compares with £333.50K in 2024, a change of 14.24%.
What total assets did SOLAR WHEEL LIMITED report in 2025?
SOLAR WHEEL LIMITED reported total assets of £1.01M for 2025. That compares with £892.77K in 2024, a change of 13.32%.
What cash in bank did SOLAR WHEEL LIMITED report in 2025?
SOLAR WHEEL LIMITED reported cash in bank of £82.31K for 2025. That compares with £143.37K in 2024, a change of -42.58%.
How many people does SOLAR WHEEL LIMITED employ?
SOLAR WHEEL LIMITED reported 14 employees in 2025, compared with 13 in 2024.
How have SOLAR WHEEL LIMITED financials changed over the last 3 years?
Between 2023 and 2025, SOLAR WHEEL LIMITED's net assets rose by 47.4%, cash in bank rose by 85.1%, total assets rose by 38.1% and total liabilities fell by 0.2%. Net assets compounded at 21.4% a year across the two years to 2025, from £258.45K to £380.98K. Reported headcount went from 13 in 2023 to 14 in 2025 (+1).
Which years of SOLAR WHEEL LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.