SOLARPRO HOLDING PLC
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Cash
£13m
EUR 15,455,000
+22.7% highest in 3 filed years
Net assets
£46m
EUR 53,500,000
+71.1% highest in 3 filed years
Employees
732
+10.1% highest in 3 filed years
Profit before tax
£34m
EUR 39,624,000
+116.6% 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 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £101,899,623 | £179,331,963 | £294,179,514 | +64% | |
| Operating profit | £6,366,050 | £13,934,567 | £34,063,035 | +144.4% | |
| Profit before tax | £2,677,287 | £15,666,324 | £33,936,280 | +116.6% | |
| Net profit | £2,162,556 | £14,172,662 | £30,085,646 | +112.3% | |
| Cash | £1,250,428 | £10,789,654 | £13,236,554 | +22.7% | |
| Total assets less current liabilities | £38,929,428 | £30,113,909 | £72,953,923 | +142.3% | |
| Net assets | £25,770,812 | £26,787,427 | £45,820,486 | +71.1% | |
| Equity | £25,770,812 | £26,787,427 | £45,820,486 | +71.1% | |
| Average employees | 529 | 665 | 732 | +10.1% | |
| Wages | £11,385,749 | £17,446,900 | £22,625,043 | +29.7% | |
| Directors' remuneration | £1,113,407 | £3,016,648 | — | — |
Figures converted to GBP from EUR at 0.856 per EUR (Frankfurter spot rate) — hover any figure for the original. — 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 6.2% | 7.8% | 11.6% | |
| Net margin | 2.1% | 7.9% | 10.2% | |
| Return on capital employed | 16.4% | 46.3% | 46.7% | |
| Gearing (liabilities / total assets) | 61.6% | 79.4% | 82.4% | |
| Current ratio | 1.51x | 1.12x | 1.13x | |
| Interest cover | 10.96x | 16.48x | 36.09x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the analysis the directors consider there are no material uncertainties that may cast a significant doubt on the Group's ability to continue as a going concern and the going concern basis is appropriate for the preparation and presentation of the financial statements of the Group for the year ended 31 December 2025.”
Group structure
- SOLARPRO HOLDING PLC · parent
- Solarpro Holding AD 99.03%
- Solarpro Polska 85%
- Solarpro Construction AD 51%
- Solarpro Technology AD 99.98%
- Solarpro Power Dooel 100%
- Solarpro India LLC 100%
- Solarpro SRL 100%
- Solarpro Turkey INSAAT ENERJI 100%
- Enica Ltd. 75%
- Advanced Wind Services EAD 100%
- E-waste Silistra 100%
- GMS Internacional 60%
Significant events
- “On 12.03.2026 Solarpro Technology AD acquired 100% of the shares of Tina Park, gaining full ownership and control of the company.”
- “On 24.02.2026 Enika Ltd distributed dividend from its 2025 profit amounting to € 128,500.”
- “On 18.03.2026 Solarpro SRL distributed dividend from its 2023 and 2024 profit amounting to RON 3,575,218.”
- “On 28.04.2026 Solarpro SRL approved an early distribution from its 2025 profit amounting to RON 1,800,000.”
- “By resolution of the sole owner, and with effect from 17.04.2026 Razlog Bioenergy merged into Solarpro Technology”
- “With written resolution of the board of directors on 25.02.2026 Solarpro Technology established its branch in Bucarest, Romania.”
- “On 22 May 2026, the shareholders of Solarpro Technology approved the distribution of a dividend from the company's 2025 profit amounting to EUR 19,999,998.”
- “On 25 June 2026, Advanced Wind Services distributed a dividend from its 2025 profits in the amount of BGN 448,310.43.”
- “During FY2025, a force majeure event occurred at a construction site operated by a Group subsidiary, giving rise to a claim under the Contractors' All Risks (CAR) insurance policy. The Group recognized insurance compensation of EUR 23.9 million within other income.”
- “On 11 November 2025 Solarpro Technology AD (a 100% owned subsidiary of Solarpro Holding PLC) acquired 100% of the shares of Razlog Bioenergy - Bulgaria, gaining full ownership and control of the company.”
- “On 23 August 2024 Solarpro Holding PLC acquired 93% of the shares of E-waste Silistra, company registered under Bulgarian Law”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MSP CORPORATE SERVICES LIMITED | Corporate Secretary | 2023-06-01 | — | — |
| IKONOMOV, Simeon Donchev | Director | 2023-06-26 | Mar 1969 | British |
| MATEEV, Krasen Petrov | Director | 2019-09-03 | Apr 1988 | Bulgarian |
| NENOV, Konstantin Vassilev | Director | 2019-09-03 | Dec 1971 | Bulgarian |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| @UKPLC CLIENT SECRETARY LTD | Corporate Secretary | 2018-11-16 | 2018-12-04 |
| LONDON REGISTRARS LTD | Corporate Secretary | 2018-12-04 | 2023-06-01 |
| BIZHEVA, Daniela Hristova | Director | 2019-01-25 | 2021-01-04 |
| GORDON, Michael Thomas | Director | 2018-11-16 | 2019-01-25 |
| NIKOLOVA, Aleksandra Nikolaeva | Director | 2019-01-25 | 2019-09-03 |
| POPOV, Julian Georgiev | Director | 2023-01-17 | 2023-06-05 |
| @UKPLC CLIENT DIRECTOR LTD | Corporate Director | 2018-11-16 | 2019-01-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ivo Georgiev Prokopiev | Individual | Shares 25–50%, Voting 25–50% | 2023-02-10 | Active |
| @Ukplc Client Director Ltd | Corporate entity | Shares 50–75%, Voting 50–75% | 2018-11-16 | Ceased 2019-01-25 |
Filing timeline
Last 20 of 59 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-05-19 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-11 | AA | accounts | Accounts with accounts type group | |
| 2026-05-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-03 | RP01CS01 | confirmation-statement | Replacement filing of confirmation statement with made up date | |
| 2025-08-21 | AA | accounts | Accounts with accounts type group | |
| 2025-08-14 | CH01 | officers | Change person director company with change date | |
| 2025-05-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-11 | AA | accounts | Accounts with accounts type group | |
| 2024-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-04 | AA | accounts | Accounts with accounts type group | |
| 2023-07-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-07 | AD02 | address | Change sail address company with old address new address | |
| 2023-06-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-06-06 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2023-06-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-05-19 | RESOLUTIONS | resolution | Resolution | |
| 2023-05-02 | CS01 | confirmation-statement | Confirmation statement | |
| 2023-05-02 | SH01 | capital | Capital allotment shares | |
| 2023-04-14 | AA | accounts | Accounts with accounts type group | |
| 2023-02-24 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.