CANADIAN SOLAR SSES (UK) LTD
Operating as a UK subsidiary of the NASDAQ-listed Canadian Solar group, the company provides wholesale, installation, and repair services for industrial solar and electrical equipment.
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Cash
£17m
+163.1% vs 2024
Net assets
£31m
+68.8% highest in 3 filed years
Employees
75
+53.1% highest in 3 filed years
Profit before tax
£4.2m
+48% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
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 | £58,435,729 | £138,933,000 | £265,796,000 | +91.3% | |
| Operating profit | £967,407 | £2,553,000 | £3,249,000 | +27.3% | |
| Profit before tax | £1,283,633 | £2,857,000 | £4,227,000 | +48% | |
| Net profit | £798,687 | £661,000 | £1,154,000 | +74.6% | |
| Cash | £54,668,453 | £6,521,000 | £17,159,000 | +163.1% | |
| Total assets less current liabilities | £53,933,489 | £21,802,000 | £80,133,000 | +267.5% | |
| Net assets | £17,698,484 | £18,357,000 | £30,991,000 | +68.8% | |
| Equity | £17,698,484 | £18,357,000 | £30,991,000 | +68.8% | |
| Average employees | 18 | 49 | 75 | +53.1% | |
| Wages | £1,465,789 | £3,248,000 | £5,563,000 | +71.3% | |
| Directors' remuneration | £188,595 | £336,000 | £363,000 | +8% | |
| Directors' pension contributions | £11,254 | £14,000 | £12,000 | -14.3% | |
| Highest paid director | — | £320,321 | £363,321 | +13.4% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 1.7% | 1.8% | 1.2% | |
| Net margin | 1.4% | 0.5% | 0.4% | |
| Return on capital employed | 1.8% | 11.7% | 4.1% | |
| Gearing (liabilities / total assets) | 82.3% | 82.3% | 78.9% | |
| Current ratio | 2.12x | 1.24x | 2.12x |
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
- Sayers Butterworth LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- CANADIAN SOLAR SSES (UK) LTD · parent
- Canadian Solar SSES (US) Inc. 100%
- Canadian Solar SSES (Australia) Pty Ltd 100%
- Canadian Solar SSES Japan K.K. 100%
- Shelbyville Battery Manufacturing LLC 100%
- Canadian Solar SSES (Chile) SpA 100%
- IQ Storage Canada Ltd 100%
- Bess Investment UK Ltd 100%
- Canadian Solar SSES (Germany) GmbH 100%
Significant events
- “During 2025, the Company continued its international expansion strategy. Two wholly owned subsidiaries were incorporated during the year, namely Canadian Solar SSES (Germany) GmbH and BESS Investment UK Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAS, Susmita | Director | 2025-12-31 | Feb 1973 | Indian |
| O'BRIEN, Alice Joanne | Director | 2025-12-31 | May 1994 | British |
| PATERSON, Matthew James, Mr. | Director | 2024-11-29 | Mar 1985 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEAVERS, Matthew David | Secretary | 2024-06-24 | 2024-11-29 |
| DICKSON, Frances Victoria | Secretary | 2024-11-29 | 2026-08-07 |
| PRAXIS SECRETARIES (UK) LIMITED | Corporate Secretary | 2019-12-18 | 2024-06-24 |
| GODFREY, Philip John | Director | 2021-12-17 | 2024-11-29 |
| MARNER, John Paul | Director | 2019-12-18 | 2021-08-18 |
| PARKIN, Colin David | Director | 2019-12-18 | 2025-12-31 |
| RIVOLLIER, Frederic | Director | 2019-12-18 | 2021-12-17 |
| ROY, Jeffrey David | Director | 2024-06-24 | 2025-12-31 |
| ROY, Jeffrey David | Director | 2021-08-18 | 2021-12-17 |
| WANG, Allen Minyi | Director | 2021-08-18 | 2021-12-17 |
| ZHANG, Huifeng | Director | 2019-12-18 | 2021-08-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Canadian Solar Inc | Corporate entity | Shares 75–100% (as firm), Voting 75–100% (as firm), Appoints directors (as firm) | 2019-12-18 | Active |
Filing timeline
Last 20 of 46 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-21 | AA | accounts | Accounts with accounts type full | |
| 2026-08-10 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-26 | AA | accounts | Accounts with accounts type full | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-06 | CH01 | officers | Change person director company with change date | |
| 2024-12-18 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-12-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-02 | AA | accounts | Accounts with accounts type full | |
| 2024-07-03 | CH01 | officers | Change person director company with change date | |
| 2024-06-25 | CH01 | officers | Change person director company with change date | |
| 2024-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-25 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-06-25 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
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.