MIKADO SOLAR PROJECTS (1) LIMITED - Profile & Financials

Accounts Submitted 14 Feb 2025

Confirmation Statement Submitted 12 Jun 2025

Net assets £-16.75M £4.41M 2024 year on year

Total assets £12.85M £2.05M 2024 year on year

Total Liabilities £29.59M £2.36M 2024 year on year

Charges 1

1 outstanding

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Contact & Details

Contact

Update Details

Registered Address

2nd Floor 2 City Place Beehive Ring Road Gatwick West Sussex RH6 0PA England

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£61.83k

Increased by £17.04k (+38%)

Net Assets

-£16.75M

Decreased by £4.41M (-36%)

Total Liabilities

£29.59M

Increased by £2.36M (+9%)

Turnover

£493.85k

Increased by £34.97k (+8%)

Employees

Debt Ratio

230%

Increased by 47 (+26%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 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

Officers

2 active 10 resigned

Show resigned officers

						Status
Kevin Paul O'connor	Director	British	United Kingdom	44	18 Jul 2024	Active
Neil Anthony Wood	Director	British	England	45	22 Jan 2016	Active

Shareholders

Shareholders (2)


Bluefield Sif Investments Limited	100.0%	2	Ordinary	15 Jun 2016
Primrose Solar Management Limited	0.0%	0	Ordinary	15 Jun 2016

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Bluefield Sif Investments Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

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

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Group Structure

BLUEFIELD SIF INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

BLUEFIELD RENEWABLES 2 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

BLUEFIELD RENEWABLES 1 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

BLUEFIELD SOLAR INCOME FUND LTD british channel islands

MIKADO SOLAR PROJECTS (1) LIMITED Current Company

Charges

1 outstanding

Documents

Company Filings

Date	Category	Description	Document
12 Jun 2025	Address	Move Registers To Registered Office Company With New Address	View(1 page)
12 Jun 2025	Confirmation Statement	Confirmation statement made on 2025-06-12 with no updates	View(3 pages)
14 Feb 2025	Accounts	Annual accounts made up to 2024-06-30	View(26 pages)
25 Jul 2024	Officers	Termination of Luke James Brandon Roberts as director on 2024-07-18	View(1 page)
25 Jul 2024	Officers	Appointment of Kevin Paul O'connor as director on 2024-07-18	View(2 pages)