How much does Pennington Solar Limited make?

Pennington Solar Limited reported revenue of £212k and £113k profit in the year to 30 Sep 2022, according to its accounts filed at Companies House.

Is Pennington Solar Limited profitable?

Yes — Pennington Solar Limited reported a profit of £113k in the year to 30 Sep 2022.

Company No. 09429967 · Incorporated 9 Feb 2015

Pennington Solar Limited

Registered name: PENNINGTON SOLAR LIMITED

Part of Elm Trading Limited group

Pennington Solar Limited made £212k revenue and £113k profit in the year to 30 Sep 2022.

Pennington Solar Limited’s revenue was £212k in the year to 30 Sep 2022, with £113k profit. The company is classified under “production of electricity” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSIC 35110Production of electricity

Status: Liquidation
Location: London
Age: 11 yrs · since 2015
Type: Private Limited Company

Latest accounts · year to 30 Sep 2022

Key figures

Revenue

£212k

Growth —

Profit

£113k

Growth —

Profit margin

53.4%

Employees

—

Change —

Profit / employee

—

Profitable streak

4yrs

Consecutive profitable years in our data

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	22 Dec 2020	30 Sep 2021	22 Dec 2021	30 Sep 2022
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£162k	£171k	£171k	£212k
Cost of sales	−£114k	−£105k	−£105k	−£61.3k
Operating profit	£47.3k	£66.3k	£66.3k	£151k
Profit before tax	£57.3k	£66.3k	£66.3k	£138k
Profit after tax	£85.9k	£43k	£43k	£113k
Profit (best available)	£85.9k	£43k	£43k	£113k
Employees (average)	—	—	—	—
Ratios
Profit margin	53.1%	25.1%	25.1%	53.4%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—	—
Source	Accounts · bulk data Nov 2022	Accounts · bulk data Jul 2023	Accounts · bulk data Nov 2022	Accounts · bulk data Jul 2023

Derived from the latest filing

How the business works

Profit margin: 53.4%; 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.

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

Elm Trading Limitedultimate parent75–100%
Elm Solar Holdings Limited75–100%
Elm Solar Energy Limited75–100%
Pennington Solar Limitedthis company

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

Sister companies (7)

Park Hill Solar LimitedLiquidationFigures not disclosed
Taunton Solar Park LimitedLiquidationFigures not disclosed
Wakefield Solar LimitedFigures not disclosed
Water Projects Solar LimitedFigures not disclosed
West Down Solar LimitedLiquidationFigures not disclosed
West Hill Solar LimitedLiquidationFigures not disclosed
Wrexham Solar Park LimitedLiquidationFigures not disclosed

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 30 Sep 2022 (profit £113k), from the Companies House accounts bulk data published Jul 2023. 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.