PIERCES SOLAR 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

  -4%

  £288,901 → £277,325

• Cash

  +23.1%

  £20,918 → £25,745

• Net assets

  +9.9%

  £195,288 → £214,687

• Employees

  —

  Not reported

• Operating profit

  -8.8%

  £73,574 → £67,121

• Profit before tax

  +1.7%

  £28,311 → £28,793

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. PIERCES SOLAR LIMITED 2014-05-23 → present
2. ANESCO ASSET MANAGEMENT SEVEN LIMITED 2013-08-23 → 2014-05-23

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

KPMG Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have reviewed the Company's current position and are aware that the Company has significant net current liabilities, however given the continued financial support provided by the parent company, NextEnergy Solar Holdings III Limited, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the Directors' Report and financial statements. The financial support is made available for a period of not less than 12 months and one day from the date of signing these financial statements. The directors have received confirmation of this support.”

Significant events

• “The Ukraine conflict has had a sustained positive impact on the long-term power price projections. Management continue to closely monitor the situation and assess the implications the conflict has on these projections as well as the wider supply chain.”
• “The Trump administration has laid out a trade policy focused on increasing US tariffs. Given this could cause disruption and uncertainty for companies, the management team continues to closely monitor the situation and assess the implications the trade policy has on the wider supply chain.”
• “There were no significant events after the year ended 31 March 2025 that would require disclosure in or adjustment to the financial statements.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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