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Company No. 08362998 · Incorporated 16 Jan 2013

Shotwick Solar Limited

Registered name: SHOTWICK SOLAR LIMITED

Part of Foresight Solar Fund Limited 113721 group

Shotwick Solar Limited made £9.2m revenue and a £298k loss in the year to 31 Dec 2024.

Shotwick Solar Limited’s revenue fell 18% to £9.2m in the year to 31 Dec 2024, with a loss of £298k. The company is classified under “production of electricity” and is based in London; we hold 3 years of its filed accounts.

Full profit & loss filedSIC 35110Production of electricity
Status
Active
Location
London
Age
13 yrs · since 2013
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

Revenue
£9.2m
Growth ▼17.6%
Profit
−£298k
Growth —
Profit margin
−3.2%
Gross 95.6%
Employees
—
Change —
Profit / employee
—
 
Profitable streak
0yrs
Consecutive profitable years in our data
3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureProfit & lossProfit & lossProfit & loss
Profit & loss
Revenue (turnover)£18.4m£11.2m£9.2m
Cost of sales−£691k−£798k−£406k
Gross profit£17.7m£10.4m£8.8m
Operating profit£14.3m£6.9m£5.4m
Profit before tax£8.6m£1.1m−£395k
Profit after tax£5.9m−£113k−£298k
Profit (best available)£5.9m−£113k−£298k
Employees (average)00—
Ratios
Profit margin32%−1%−3.2%
Gross margin96.3%92.9%95.6%
Growth (year on year)
Revenue growth—▼39.1%▼17.6%
Profit growth—▼101.9%—
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Oct 2024Accounts · bulk data Oct 2024Accounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
−3.2%
Profit ÷ revenue.
Gross margin
95.6%
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.
Indirect — not revenue

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 —
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Foresight Solar Fund Limited 113721 (registered outside the UK register)ultimate parent75–100%
  2. Foresight Solar (UK Holdco) Limited75–100%
  3. FS RCF Debtco Limited75–100%
  4. FS Top Holdco2 Limited75–100%
  5. Foresight Intermediate Solar Holding Limited75–100%
  6. FS Holdco 2 Limited75–100%
  7. FS Debtco Limited75–100%
  8. FS Shotwick Limited75–100%
  9. Shotwick 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 −£298k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.

Updated from Companies House on 24 Oct 2026