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SPIRIT SOLAR LIMITED Financials

Company number
07138647Copy
Copy
Registered office
25 Albury Close, Reading RG30 1BD
Incorporated
28/01/2010

Company snapshot

Status
Active
Employees
40 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£1.08M2025
2.67%vs 2024

2024: £1.05M

Total Assets

£1.79M2025
11.15%vs 2024

2024: £1.61M

Cash in Bank

£312.51K2025
75.31%vs 2024

2024: £178.26K

Total Liabilities

£712.01K2025
27.10%vs 2024

2024: £560.20K

Employees

402025
+3vs 2024

2024: 37

In 2025, SPIRIT SOLAR LIMITED reported net assets of £1.08M. The same filing shows total assets of £1.79M, cash in bank of £312.51K and total liabilities of £712.01K. Reported headcount was 40 in 2025. Total Assets rose from £1.61M in 2024 to £1.79M in 2025 (11.15%). 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

£1.08M2025
2.67%from £1.05M in 2024

Year-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 SPIRIT SOLAR LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£714.68K2023£1.08M2025
+51.3%vs 2023

+23% a year compound (CAGR)

Cash in Bank

£457.49K2023£312.51K2025
-31.7%vs 2023

-17.4% a year compound (CAGR)

Total Assets

£1.93M2023£1.79M2025
-7%vs 2023

-3.6% a year compound (CAGR)

Total Liabilities

£1.21M2023£712.01K2025
-41.4%vs 2023

-23.4% a year compound (CAGR)

Employees

302023402025
+33.3%vs 2023+10

Biggest increase

Net Assets+51.3%

£714.68K in 2023 to £1.08M in 2025

Biggest decrease

Total Liabilities-41.4%

£1.21M in 2023 to £712.01K in 2025

SPIRIT SOLAR LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 SPIRIT SOLAR 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
60.30%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.
Liabilities to total assets
39.70%2025
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
43.89%2025
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
17.42%2025
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 SPIRIT SOLAR LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£262.28K365.07K714.68K1.05M1.08M
Total Assets£887.90K1.86M1.93M1.61M1.79M
Cash in Bank£77.28K446.67K457.49K178.26K312.51K
Total Liabilities£612.01K1.46M1.21M560.20K712.01K
Employees2422303740

SPIRIT SOLAR LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SPIRIT SOLAR LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

SPIRIT SOLAR LIMITED reported net assets of £1.08M for 2025. That compares with £1.05M in 2024, a change of 2.67%.

SPIRIT SOLAR LIMITED reported total assets of £1.79M for 2025. That compares with £1.61M in 2024, a change of 11.15%.

SPIRIT SOLAR LIMITED reported cash in bank of £312.51K for 2025. That compares with £178.26K in 2024, a change of 75.31%.

SPIRIT SOLAR LIMITED reported 40 employees in 2025, compared with 37 in 2024.

Between 2023 and 2025, SPIRIT SOLAR LIMITED's net assets rose by 51.3%, cash in bank fell by 31.7%, total assets fell by 7% and total liabilities fell by 41.4%. Net assets compounded at 23% a year across the two years to 2025, from £714.68K to £1.08M. Reported headcount went from 30 in 2023 to 40 in 2025 (+10).

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.