Padero Solaer Ltd

Padero Solaer Ltd, based in Aylesbury, UK, is a medium-sized holding company with an active status, having been established thirteen years ago. The company, employing thirteen people, manages assets totaling £22,255,771 and generates an annual revenue of £8,481,623. While it has a registered address, it’s likely a virtual one, as ninety-five companies share the same location. The company is led by two directors and has one owner. Padero Solaer Ltd regularly imports electrical machinery and equipment (for fifty months), and exports machinery, boilers, and mechanical appliances (for five months).

The company’s website describes Padero Solaer as focused on renewable energy development, particularly utility-scale ground-mounted solar farms. It emphasizes collaboration with landowners, suppliers, regulators, and local communities. The company also invests in battery storage alongside solar farms, aiming to help the UK meet climate change commitments. The website showcases several solar farm projects, including Hoplass, Love, and Iwood, highlighting their commitment to responsible design and construction.

Financially, Padero Solaer Ltd’s recent performance presents a mixed picture. While turnover decreased by 66%, dropping to £8.5 million, cash reserves increased by a substantial 220% to £6.1 million. However, net assets plummeted 590%, resulting in a net asset value of £16 million. Bank borrowings increased significantly, reaching £2.1 million, and trade debtors decreased by 67%, suggesting a possible shift in payment terms. The company’s small size (meeting two of three criteria for a medium company) allows for agility, but the sharp decline in equity raises questions about its long-term sustainability. The accounts were audited by Xeinadin Audit Limited.

The company’s increased administrative expenses by 61%, and its investments in associates and group undertakings increased by 590%, which could be a sign of expansion or a need for increased oversight. While the company’s focus on renewable energy is commendable, its financial health requires close monitoring to ensure its continued success.

Registered in England/Wales under the registration number 08021337, with a registered address at HP18 0RA, Aylesbury, Buckinghamshire, 2 Crossways Business Centre, Bicester Road Kingswood.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.