SOLAR INCOME AND GROWTH LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -6.4%

  £6,164,000 → £5,772,000

• Cash

  +12.5%

  £5,379,000 → £6,051,000

  highest in 4 filed years

• Net assets

  +10.5%

  £12,018,000 → £13,282,000

• Employees

  —

  Not reported

• Operating profit

  -26.5%

  £1,149,000 → £844,000

• Profit before tax

  +55%

  -£1,784,000 → -£803,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. SOLAR INCOME AND GROWTH LIMITED 2020-04-16 → present
2. ARMSTRONG ENERGY INCOME LIMITED 2013-03-05 → 2020-04-16

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Lubbock Fine LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“However management consider that the Group has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “The Group saw significant improvements in de-levering, issuing debt repayments totalling £2.9m in the year.”
• “The proceeds from the sale of its assets are comprised of the disposal of one of the Group's subsection of subsidiaries, SIG Renewables, which was sold for consideration of £2.3m.”
• “AEI Solar was disposed for consideration of £160k.”
• “Equity raises were also used to facilitate debt repayments of £480k.”
• “meters for the solar installations on poultry sheds (1.73 MW) were migrated to an electricity off-taker ... prompted the unlocking of £690k in aged accrued income.”
• “Group commenced its subscription onto an investment platform to avoid cash drag, with average returns of 4.02% being gained from short term fixed term funds.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

13

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.