SUNGROW POWER UK LIMITED
Operating as the British subsidiary of Chinese manufacturer Sungrow Power Supply Co Ltd, the company supplies photovoltaic solar inverters, energy storage systems, and electric vehicle chargers for residential, commercial, and utility-scale applications.
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Cash
£3.6M
+3,011.3% highest in 3 filed years
Net assets
£7.8M
+233.8% highest in 3 filed years
Employees
63
+65.8% highest in 3 filed years
Profit before tax
£19M
+412.3% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £14,386,848 | £69,322,595 | £201,020,033 | +190% | |
| Operating profit | £250,419 | -£5,951,903 | £18,588,378 | +412.3% | |
| Profit before tax | £250,419 | -£5,951,903 | £18,589,396 | +412.3% | |
| Net profit | £200,459 | -£4,757,025 | £13,713,294 | +388.3% | |
| Cash | £464,427 | £115,964 | £3,608,027 | +3,011.3% | |
| Total assets less current liabilities | £990,513 | -£1,413,389 | £14,872,120 | +1,152.2% | |
| Net assets | £548,369 | -£5,865,278 | £7,848,016 | +233.8% | |
| Equity | £548,369 | -£5,865,278 | £7,848,016 | +233.8% | |
| Average employees | 7 | 38 | 63 | +65.8% | |
| Wages | £336,492 | £2,951,758 | £4,288,741 | +45.3% | |
| Directors' remuneration | £32,000 | £184,240 | £266,614 | +44.7% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | 1.7% | -8.6% | 9.2% | |
| Net margin | 1.4% | -6.9% | 6.8% | |
| Return on capital employed | 25.3% | — | 125.0% | |
| Current ratio | — | 0.99x | 1.13x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Alliotts LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The accounts have been prepared on the going concern basis, as the ultimate parent company has confirmed they will provide continued financial support for at least 12 months from the date of signing the financial statements. The Company meets its day-to-day working capital requirements through trading facilities provided by its ultimate parent company.”
Significant events
- “The company has provided a credit guarantee of £3,322,097 (2023: £Nil) in connection with a customer project, the guarantee expired on 31 August 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHI, Xiaofeng | Director | 2026-03-11 | Nov 1983 | Chinese |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUANG, Yong | Director | 2014-10-21 | 2019-07-30 |
| LI, Jindong | Director | 2019-07-30 | 2025-10-03 |
| YANG, Meng | Director | 2025-05-20 | 2026-04-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Renxian Cao | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 36 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-16 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-09-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-17 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-17 | CH01 | officers | Change person director company with change date | |
| 2025-01-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-25 | AA | accounts | Accounts with accounts type full | |
| 2023-08-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-10 | AA | accounts | Accounts with accounts type full | |
| 2022-11-21 | CH01 | officers | Change person director company with change date | |
| 2022-09-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-03-16 | AA | accounts | Accounts with accounts type small | |
| 2021-09-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-05-18 | AA | accounts | Accounts with accounts type full | |
| 2020-10-08 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.