PENNINGTON SOLAR LIMITED - Profile & Financials

Accounts Submitted

Confirmation Statement Submitted 12 Feb 2025

Net assets £1.29M £1.42M 2022 year on year

Total assets £2.31M £1.34M 2022 year on year

Total Liabilities £1.03M £78.39K 2022 year on year

Charges 3

1 outstanding 2 satisfied

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Contact & Details

Contact

Update Details

Registered Address

6th Floor 9 Appold Street London EC2A 2AP

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2022

Type Total Exemption Full

Next accounts 31 December 2023

Due by 30 September 2024 9 months

Net Assets, Total Assets & Total Liabilities (2015–2022)

Cash in Bank

£144.46k

Increased by £106.44k (+280%)

Net Assets

£1.29M

Increased by £1.42M (+1047%)

Total Liabilities

£1.03M

Decreased by £78.39k (-7%)

Turnover

£211.93k

Increased by £40.69k (+24%)

Employees

N/A

Debt Ratio

44%

Decreased by 70 (-61%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2022 Dec Year End	2021 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

1 Allotment 48,567,188 Shares £486k Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
21 Sept 2023	ORDINARY	48,567,188	£486k	£0.01

Officers

1 active 6 resigned

Show resigned officers

						Status
Edward William Mole	Director	English	United Kingdom	42	23 Dec 2021	Active

Shareholders

Shareholders (2)


Elm Solar Energy Limited	100.0%	100	Ordinary	12 Feb 2025
Elm Uk Solar Limited	0.0%	0	Ordinary	12 Feb 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 5 Ceased

Elm Solar Energy Limited

United Kingdom

Active

Notified 28 May 2024

Nature of Control

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

Innova Energy Ltd

Ceased 18 Nov 2020

Ceased

Innova Energy Holdings Limited

Ceased 23 Dec 2021

Ceased

Elm Uk Solar Limited

Ceased 28 May 2024

Ceased

Novus Solar Developments Limited

Ceased 13 Feb 2017

Ceased

Elm Solar Holdings Limited

Ceased 23 Dec 2021

Ceased

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Group Structure

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

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

ELM TRADING LIMITED united kingdom

PENNINGTON SOLAR LIMITED Current Company

Charges

1 outstanding 2 satisfied

Documents

Company Filings

Date	Category	Description	Document
16 Apr 2025	Insolvency	Liquidation Voluntary Appointment Of Liquidator	View(3 pages)
16 Apr 2025	Address	Change Registered Office Address Company With Date Old Address New Address	View(3 pages)
16 Apr 2025	Resolution	Resolutions	View(1 page)
16 Apr 2025	Insolvency	Liquidation Voluntary Declaration Of Solvency	View(5 pages)
13 Mar 2025	Officers	Termination of Elliot Tegerdine as director on 2025-03-12	View(1 page)