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Company No. 09940547 · Incorporated 7 Jan 2016

New Road Solar Limited

Registered name: NEW ROAD SOLAR LIMITED

Part of Bluefield Solar Income Fund Ltd group

New Road Solar Limited made £6.1m revenue and £8.5m profit in the year to 30 Jun 2023.

New Road Solar Limited’s revenue was £6.1m in the year to 30 Jun 2023, with £8.5m profit. The company is classified under “production of electricity” and is based in Bristol.

Full P&L filedSIC 35110Production of electricitySIC 64209Activities of other holding companies n.e.c.
Status
Active
Location
Bristol
Age
10 yrs · since 2016
Type
Private Limited Company
Latest accounts · year to 30 Jun 2023

Key figures

Revenue
£6.1m
Growth —
Profit
£8.5m
Growth —
Profit margin
138.8%
 
Employees
—
Change —
Profit / employee
—
 
Profitable streak
1yr
Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to30 Jun 2023
DisclosureFull P&L
Profit & loss
Revenue (turnover)£6.1m
Operating profit£36.4m
Profit before tax£8.5m
Profit after tax£8.5m
Profit (best available)£8.5m
Employees (average)—
Ratios
Profit margin138.8%
Balance sheet — indirect signals, not revenue
Net assets—
SourceAccounts · bulk data Apr 2025
Derived from the latest filing

How the business works

Profit margin
138.8%
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

  1. Bluefield Solar Income Fund Ltd (registered outside the UK register)ultimate parent75–100%
  2. Bluefield Renewables 1 Limited75–100%
  3. New Road Solar Limitedthis company

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

Subsidiaries (31)

Sister companies (2)

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 Jun 2023 (profit £8.5m), from the Companies House accounts bulk data published Apr 2025. 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.