Solar Technology International Limited

Solar Technology International Ltd, based in Bredon, UK, is a small holding company with an active status, having been founded 24 years ago in 2000. The company employs 12 people and holds £1,369,984 in assets, operating from a real address. With five directors and one owner, Solar Technology International regularly imports and exports electrical machinery and equipment – 95 months of imports and 42 months of exports recorded.

The company’s primary focus is on supplying solar power solutions, as evidenced by its website. Solar Technology International operates an e-commerce site selling solar panels, lighting, and off-grid power systems. They also offer a range of accessories and components, catering to both residential and commercial customers. A significant portion of the site is dedicated to showcasing their PV Logic and Flexi solar panels, emphasizing their suitability for caravans, motorhomes, and remote power applications. They even offer custom solar panel design services, indicating a willingness to cater to unique customer needs. The website also highlights their work with larger-scale projects, such as providing solar power for a remote monitoring system and powering a tented village.

Financially, Solar Technology International Ltd shows some concerning trends. While turnover remains undisclosed, net assets decreased by 10%, falling to £890,000. Cash reserves dropped by 68%, leaving just £22,000 available. Bank borrowings surged by 2,400%, reaching £29,000. However, creditors decreased by 18%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the financial statements are unaudited.

The company’s regular import and export activity, combined with its focus on solar technology, suggests a stable business model. However, the decline in cash reserves and the increase in borrowings warrant close monitoring. It’s possible the company is investing in growth or facing temporary challenges, but a more detailed analysis would be needed to determine the underlying causes.

Registered in England/Wales under the registration number 04108507, with a registered address at GL20 7HH, England, Bredon, Glos, Unit 6 Station Drive.

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