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Company No. 08821980 · Incorporated 19 Dec 2013

Merston Solar Farm Limited

Registered name: MERSTON SOLAR FARM LIMITED

Part of Greencoat Solar Assets I Limited group

Merston Solar Farm Limited made £1m revenue and £318k profit in the year to 31 Dec 2025.

Merston Solar Farm Limited’s revenue grew 16% to £1m in the year to 31 Dec 2025, with £318k profit and 0 employees. The company is classified under “production of electricity” and is based in Exeter; we hold 3 years of its filed accounts.

Full P&L filedSIC 35110Production of electricity
Status
Active
Location
Exeter
Age
12 yrs · since 2013
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

Revenue
£1m
Growth ▲16%
Profit
£318k
Growth ▼3.4%
Profit margin
31.3%
Gross 95.5%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
3yrs
Consecutive profitable years in our data
3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£848k£876k£1m
Cost of sales−£45.5k−£46.6k−£45.8k
Gross profit£803k£830k£970k
Operating profit£553k£557k£700k
Profit before tax£331k£348k£506k
Profit after tax£282k£329k£318k
Profit (best available)£282k£329k£318k
Employees (average)000
Ratios
Profit margin33.3%37.5%31.3%
Gross margin94.6%94.7%95.5%
Growth (year on year)
Revenue growth—▲3.3%▲16%
Profit growth—▲16.4%▼3.4%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Aug 2025Accounts · bulk data Aug 2025Accounts · bulk data Oct 2026
Derived from the latest filing

How the business works

Profit margin
31.3%
Profit ÷ revenue.
Gross margin
95.5%
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 0
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Greencoat Solar Assets I Limitedultimate parent75–100%
  2. Merston Solar Farm Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (24)

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit £318k), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.

Updated from Companies House on 17 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.