VEGA SOLAR LIMITED - Profile & Financials

Accounts Submitted

Confirmation Statement Submitted

Net assets £2.12M £1.35M 2021 year on year

Total assets £8.73M £2.13M 2021 year on year

Total Liabilities £6.61M £781.95K 2021 year on year

Charges 1

1 satisfied

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Contact & Details

Contact

Update Details

Registered Address

The Peak 5 Wilton Road London SW1V 1AN United Kingdom

Credit Report

Discover VEGA SOLAR LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2021

Type Total Exemption Full

Next accounts 31 December 2022

Due by 30 September 2023 9 months

Net Assets, Total Assets & Total Liabilities (2013–2021)

Cash in Bank

£27.35k

Decreased by £293.43k (-91%)

Net Assets

£2.12M

Increased by £1.35M (+175%)

Total Liabilities

£6.61M

Increased by £781.95k (+13%)

Turnover

£1.13M

Increased by £418.32k (+59%)

Employees

N/A

Debt Ratio

76%

Decreased by 12 (-14%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2021 Dec Year End	2020 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share allotments and capital structure

4 Allotments 3,061,225 Shares £1.50m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
28 Mar 2013	A ORDINARY	500,000	£500k	£1
28 Mar 2013	D ORDINARY	61,225	£6.123	£0
28 Mar 2013	C ORDINARY	1,500,000	£150	£0
28 Mar 2013	B ORDINARY	1,000,000	£1.00m	£1

Officers

5 active 5 resigned

Show resigned officers

						Status
Jamie Darren Kerle	Director	British	United Kingdom	38	23 Feb 2023	Active
Lee Shamai Moscovitch	Director	British	England	49	23 Feb 2023	Active
Matthew James Yard	Director	British	England	46	23 Feb 2023	Active
Ralph Simon Fleetwood Nash	Director	British	United Kingdom	38	23 Feb 2023	Active
Sajeel Pradip Joshi	Director	British	England	35	23 Feb 2023	Active

Shareholders

Shareholders (4)


Velanidia	49.0%	1,500,000	C Ordinary	14 Apr 2023
Foresight Solar & Infrastructure Vct Plc	32.7%	1,000,000	B Ordinary	14 Apr 2023
Jenson Funding Partners Llp	2.0%	61,225	D Ordinary	14 Apr 2023

Persons with Significant Control

Persons with Significant Control (1)

1 Active 5 Ceased

Sious Limited

United Kingdom

Active

Notified 14 Mar 2023

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Foresight Solar & Infrastructure Vct Plc

Ceased 14 Mar 2023

Ceased

Foresight Solar & Technology Vct Plc

Ceased 23 Feb 2023

Ceased

Sious Limited

Ceased 23 Feb 2023

Ceased

The Vct Charitable Trust

Ceased 23 Feb 2023

Ceased

Velanidia

Ceased 14 Mar 2023

Ceased

See All Controllers

Group Structure

SIOUS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

GREENCOAT SOLAR ASSETS II LIMITED united kingdom significant influence or control

GREENCOAT SOLAR II GP UNLIMITED united kingdom shares 75 to 100 percent as firm, voting rights 75 to 100 percent as firm

GREENCOAT SOLAR II INVESTMENTS LLP united kingdom voting rights 25 to 50 percent limited liability partnership, right to share surplus assets 25 to 50 percent limited liability partnership

SCHRODERS GREENCOAT LLP united kingdom voting rights 75 to 100 percent limited liability partnership, right to share surplus assets 75 to 100 percent limited liability partnership, appoint/remove members limited liability partnership

SCHRODERS GREENCOAT INVESTMENT LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

SCHRODERS GREENCOAT HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SCHRODER INTERNATIONAL HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SCHRODER ADMINISTRATION LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SCHRODERS PLC united kingdom

VEGA SOLAR LIMITED Current Company

VEGA SOLAR TRADING LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

1 satisfied

Documents

Company Filings

Date	Category	Description	Document
12 Mar 2024	Gazette	Gazette Dissolved Voluntary	View(1 page)
13 Feb 2024	Dissolution	Dissolution Voluntary Strike Off Suspended	View(1 page)
26 Dec 2023	Gazette	Gazette Notice Voluntary	View(1 page)
19 Dec 2023	Dissolution	Dissolution Application Strike Off Company	View(2 pages)
16 Nov 2023	Persons With Significant Control	Sious Limited notified as a person with significant control	View(2 pages)