Solen Energy Uk Limited

Solen Energy Uk Ltd, based in Widnes, UK, is a large holding company with an active status, established fourteen years ago. Employing eighteen people and boasting assets of £15.6 million, the company generates a substantial £61.8 million in yearly revenue. It operates from a real address and is overseen by four directors and one owner. An e-commerce site, a perfect 5.0 Google rating from eleven reviews, and regular import/export activity (iron/steel and electrical machinery respectively) all point to a well-established operation.

The company’s website showcases a distributor of solar and electrical products, catering to trade customers. It features a dashboard for login, categories for solar, EV products, batteries, and mounting systems, and a quick order function. The site highlights brands, offers support, and includes a subscription option for updates. It's clear Solen Energy is focused on B2B sales, providing components and solutions for installers and businesses.

Financially, Solen Energy Uk Ltd presents a mixed picture. While bank borrowings increased significantly by 130%, reaching £270,000, cash bank on hand grew by 67% to £1.4 million. Administrative expenses increased by 27% to £2 million, and the company's average number of employees rose by 50% to twenty-seven. A notable increase in deferred tax liabilities by 93% to £11,000, and a decrease in other operating income by 95% to £4,600, could indicate shifts in the company's tax strategy or business activities. The company’s net assets increased by 84% to £9.8 million. The company was audited by Additions, and the financial statements are prepared in accordance with UK Generally Accepted Accounting Practice.

Overall, Solen Energy Uk Ltd seems to be growing, with increased revenue and a larger workforce. However, the rise in administrative expenses and bank borrowings suggest a need for careful financial management. The company’s focus on solar and electrical products positions it well in a growing market, but continued monitoring of its financial performance will be important.

Registered in England/Wales under the registration number 07539158, with a registered address at WA8 8FZ, England, Widnes, 19 Montague Road.

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