SOLEN ENERGY UK LIMITED Financials
- Company number
- 07539158CopyCopy
- Registered office
- 19 Montague Road, Widnes WA8 8FZ
- Incorporated
- 22/02/2011
Company snapshot
- Status
- Active
- Employees
- 27 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
61.30%vs 20222022: £5.33M
Total Assets
31.89%vs 20222022: £13.41M
Cash in Bank
66.82%vs 20222022: £855.32K
Total Liabilities
12.45%vs 20222022: £8.07M
Employees
+9vs 20222022: 18
In 2023, SOLEN ENERGY UK LIMITED reported net assets of £8.60M. The same filing shows total assets of £17.68M, cash in bank of £1.43M and total liabilities of £9.08M. Reported headcount was 27 in 2023. Total Assets rose from £13.41M in 2022 to £17.68M in 2023 (31.89%). 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
61.30%from £5.33M 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 SOLEN ENERGY UK LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+370%vs 2021+117% a year compound (CAGR)
Cash in Bank
+10.3%vs 2021+5% a year compound (CAGR)
Total Assets
+114%vs 2021+46.4% a year compound (CAGR)
Total Liabilities
+41.6%vs 2021+19% a year compound (CAGR)
Employees
+80%vs 2021+12Biggest increase
Net Assets+370%
£1.83M in 2021 to £8.60M in 2023
Every indicator Okredo holds for SOLEN ENERGY UK LIMITED rose between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SOLEN ENERGY UK 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
- 48.66%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
- 51.34%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
- 15.72%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
- 8.07%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £2.29M2023
- 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 SOLEN ENERGY UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.83M | 5.33M | 8.60M |
| Total Assets£ | 8.24M | 13.41M | 17.68M |
| Cash in Bank£ | 1.29M | 855.32K | 1.43M |
| Total Liabilities£ | 6.41M | 8.07M | 9.08M |
| Employees | 15 | 18 | 27 |
SOLEN ENERGY UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SOLEN ENERGY UK LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SOLEN ENERGY UK LIMITED reported net assets of £8.60M for 2023. That compares with £5.33M in 2022, a change of 61.30%.
SOLEN ENERGY UK LIMITED reported total assets of £17.68M for 2023. That compares with £13.41M in 2022, a change of 31.89%.
SOLEN ENERGY UK LIMITED reported cash in bank of £1.43M for 2023. That compares with £855.32K in 2022, a change of 66.82%.
SOLEN ENERGY UK LIMITED reported 27 employees in 2023, compared with 18 in 2022.
Between 2021 and 2023, SOLEN ENERGY UK LIMITED's net assets rose by 370%, cash in bank rose by 10.3%, total assets rose by 114% and total liabilities rose by 41.6%. Net assets compounded at 117% a year across the two years to 2023, from £1.83M to £8.60M. Reported headcount went from 15 in 2021 to 27 in 2023 (+12).
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.