Pitworthy Solar Limited
Registered name: PITWORTHY SOLAR LIMITED
Part of Bagnall Energy Limited groupPitworthy Solar Limited made £2.5m revenue and a £182k loss in the year to 31 Dec 2024.
Pitworthy Solar Limited’s revenue fell 10% to £2.5m in the year to 31 Dec 2024, with a loss of £182k and 0 employees. The company is classified under “production of electricity” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 13 yrs · since 2012
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | |||
| Revenue (turnover) | £2.6m | £2.8m | £2.5m |
| Cost of sales | −£383k | −£296k | −£268k |
| Gross profit | £2.2m | £2.5m | £2.2m |
| Operating profit | £1.3m | £1.5m | £1.3m |
| Profit before tax | −£204k | £40.1k | −£206k |
| Profit after tax | −£183k | £13.4k | −£182k |
| Profit (best available) | −£183k | £13.4k | −£182k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | −7% | 0.5% | −7.3% |
| Gross margin | 85.3% | 89.4% | 89.3% |
| Growth (year on year) | |||
| Revenue growth | — | ▲7.3% | ▼10.3% |
| Profit growth | — | — | ▼1461% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2024 | Accounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −7.3%
- Profit ÷ revenue.
- Gross margin
- 89.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Bagnall Energy Limitedultimate parent75–100%
- Blackmead Rooftop Holdco Limited75–100%
- Blackmead Rooftop 1 Limited75–100%
- FS Pitworthy Limited75–100%
- Pitworthy Solar Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£182k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 20 Oct 2026