Boston Solar Limited
Registered name: BOSTON SOLAR LIMITED
Part of Elm Trading Limited groupBoston Solar Limited made £186k revenue and £62.6k profit in the year to 22 Dec 2022.
Boston Solar Limited’s revenue grew 22% to £186k in the year to 22 Dec 2022, with £62.6k profit. The company is classified under “production of electricity” and is based in London; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- London
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 22 Dec 2020 | 22 Dec 2021 | 22 Dec 2022 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £197k | £152k | £186k |
| Cost of sales | −£111k | −£122k | −£82.6k |
| Operating profit | £86.4k | £30.4k | £104k |
| Profit before tax | £96.4k | £30.4k | £58k |
| Profit after tax | £98.2k | £50.5k | £62.6k |
| Profit (best available) | £98.2k | £50.5k | £62.6k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 49.9% | 33.1% | 33.6% |
| Growth (year on year) | |||
| Revenue growth | — | ▼22.6% | ▲22.3% |
| Profit growth | — | ▼48.6% | ▲24% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Nov 2022 | Accounts · bulk data Nov 2022 | Accounts · bulk data Jan 2024 |
How the business works
- Profit margin
- 33.6%
- Profit ÷ revenue.
- Gross margin
- —
- 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 —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Elm Trading Limitedultimate parent75–100%
- Elm Solar Holdings Limited75–100%
- Elm UK Solar Limited75–100%
- Boston Solar Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Baglan Solar LimitedLiquidationFigures not disclosed
- Court Solarfarm LimitedLiquidationFigures not disclosed
- Majors Hill Solar LimitedLiquidationFigures not disclosed
- West Hill Solar LimitedLiquidationFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 22 Dec 2022 (profit £62.6k), from the Companies House accounts bulk data published Jan 2024. Spotted an error? Request a correction.
Updated from Companies House on 23 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.