Ab Solar Ltd

Solar Ab Ltd from Alton UK: a small holding company with an active status, was founded three years ago. It employs four people and holds assets worth £331,389. The company has a real address, two directors, and one owner, and enjoys a stellar 5.0 Google rating based on 35 reviews. It’s a regular importer of electrical machinery and equipment, with 10 months of import activity recorded.

The company operates as a solar installer, as evidenced by its website, AB Renewables. It specializes in residential and commercial solar panel installations, offering a range of services including panel sales, battery storage, and system maintenance. The website highlights its MCS certification and partnerships with leading manufacturers like SolarEdge and GivEnergy, emphasizing quality and reliability. AB Renewables also offers disaster recovery services for damaged pianos, a surprising and unique addition to its offerings.

Financially, Solar Ab Ltd’s report reveals a mixed picture. Current assets decreased by 36% to £330,000, while net assets increased by 69% to £110,000. Bank borrowings rose significantly by 2200%, reaching £1400, and cash reserves dropped 22% to £27,000. Creditors decreased by 46%, which is a positive sign. The company meets the criteria to be considered a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is consistent with its small size and exemption status.

The increase in bank borrowings and decrease in cash reserves could indicate the company is investing in growth or facing short-term cash flow challenges. The success of its piano restoration services, while intriguing, remains to be seen. Overall, Solar Ab Ltd appears to be a small but active company navigating the complexities of the renewable energy market, with a unique and potentially lucrative side venture.

Registered in England/Wales under the registration number 14079584, with a registered address at GU34 4PX, England, Alton, Units 2a And 2b Blacknest Industrial Estate, Blacknest.

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