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Next accounts due

2027-06-30 (in 1y)

Last filed for 2025-12-31

Confirmation statement due

2027-01-02 (in 8mo)

Last made up 2025-12-19

Watchouts

None on the register

Cash

£1M

USD 1,531,000

+72% vs 2024

Net assets

£139M

USD 186,207,000

-4.1% vs 2024

Employees

14

-6.7% vs 2024

Profit before tax

-£6M

USD -8,552,000

+79.9% vs 2024

Accounts

2-year trend · latest reflected 2025-12-31

Metric Trend 2024-12-312025-12-31
Turnover £8,494,431£8,720,939
Operating profit
Profit before tax -£31,758,989-£6,393,063
Net profit -£26,076,101-£36,630
Cash £665,321£1,144,502
Total assets less current liabilities £145,138,671£139,199,372
Net assets £145,138,671£139,199,372
Equity £145,138,671£139,199,372
Average employees 1514
Wages £1,898,781£1,483,143
Directors' remuneration £63,542£53,076

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-12-312025-12-31
Net margin -307.0%-0.4%
Gearing (liabilities / total assets) 0.4%0.4%
Current ratio 2.08x2.89x

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
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In our opinion the financial statements have been prepared on the going concern basis, as detailed in Note 2 to the financial statements.”

Group structure

  1. US SOLAR FUND PLC · parent
    1. USF Holding Corp. 1% · Delaware, USA · solar power assets
    2. USF Avon LLC 1% · USA · solar power assets
    3. USF Bristol LLC 1% · USA · solar power assets
    4. USF Surrey LLC 1% · USA · solar power assets
    5. USF Essex LLC 1% · USA · solar power assets
    6. USF Dorset LLC 1% · USA · solar power assets

Significant events

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

People

5 active · 4 resigned

Name Role Appointed Born Nationality
JTC (UK) LIMITED Corporate Secretary 2019-01-10
LERDAL, Mark David Director 2024-10-01 Feb 1959 American
NOTT, Gillian Director 2019-02-15 May 1945 British
PLAGEMANN, Thomas Director 2020-06-29 Mar 1963 American
RICHARDS, Jamie Craig Director 2019-02-15 Jun 1972 British
Show 4 resigned officers
Name Role Appointed Resigned
MARTIN, John Stuart Director 2019-01-10 2019-02-15
NUTTER, Rachael Director 2019-02-15 2024-05-21
TAN, Josephine Director 2019-02-15 2020-05-15
VAN DER VLIES, Michael Declan Director 2019-01-10 2019-02-15

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 53 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-06-04 RESOLUTIONS Resolution
  • 2024-05-30 RESOLUTIONS Resolution
  • 2023-06-07 RESOLUTIONS Resolution
  • 2022-05-31 RESOLUTIONS Resolution
  • 2021-06-08 RESOLUTIONS Resolution
Date Type Category Description
2026-04-03 AA accounts Accounts with accounts type full
2025-12-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-06 AA accounts Accounts with accounts type full
2025-06-04 RESOLUTIONS resolution Resolution
2025-05-22 CH04 officers Change corporate secretary company with change date PDF
2024-12-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-29 AA accounts Accounts with accounts type interim
2024-10-02 AP01 officers Appoint person director company with name date PDF
2024-07-23 SH03 capital Capital return purchase own shares treasury capital date
2024-05-30 RESOLUTIONS resolution Resolution
2024-05-28 TM01 officers Termination director company with name termination date PDF
2024-04-10 AA accounts Accounts with accounts type full
2023-12-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-07 RESOLUTIONS resolution Resolution
2023-04-03 AA accounts Accounts with accounts type full
2022-12-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-05-31 RESOLUTIONS resolution Resolution
2022-04-28 AA accounts Accounts with accounts type full
2022-01-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-06-08 RESOLUTIONS resolution Resolution

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
1

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.

Official Companies House page