ECO2 Solar Limited
Registered name: ECO2 SOLAR LIMITED
Part of E.On Se groupECO2 Solar Limited made £27m revenue and £1.6m profit in the year to 31 Dec 2024. read from filing text
ECO2 Solar Limited’s revenue grew 40% to £27m in the year to 31 Dec 2024, with £1.6m profit and 89 employees. The company is classified under “other business support service activities” and is based in Kidderminster; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Kidderminster, West Midlands
- Age
- 19 yrs · since 2007
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Ultimate parent company”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £17.6m | £19.2m | £27m |
| Cost of sales | £14m | £14.6m | £19.2m |
| Gross profit | £3.6m | £4.6m | £7.8m |
| Operating profit | −£20k | £14.2k | £2.5m |
| Profit before tax | −£120k | −£227k | £2.2m |
| Profit after tax | −£62.1k | −£223k | £1.6m |
| Profit (best available) | −£62.1k | −£223k | £1.6m |
| Staff costs | £2.5m | £2.9m | £3.4m |
| Employees (average) | 56 | 65 | 89 |
| Ratios | |||
| Profit margin | −0.4% | −1.2% | 6.1% |
| Gross margin | 20.3% | 23.7% | 28.8% |
| Revenue per employee | £314k | £295k | £303k |
| Profit per employee | −£1.1k | −£3.4k | £18.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▲9.3% | ▲40.4% |
| Headcount growth | — | ▲16.1% | ▲36.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £479k | £251k | £283k |
| Net assets | £1m | £781k | £2.4m |
| Fixed assets | £248k | £197k | £167k |
| Current assets | £6.3m | £6.1m | £9.6m |
| Debtors | £3.6m | £3.2m | £4.5m |
| Deferred income | £149k | £174k | £492k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 6.1%
- Profit ÷ revenue.
- Gross margin
- 28.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £303k
- Revenue ÷ average employees.
- Profit per employee
- £18.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.5%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲210%
- Now £2.4m
- Cash at bank
- ▲13%
- Now £283k
- Headcount
- ▲37%
- Now 89
- Deferred income
- ▲184%
- Now £492k
- Fixed assets
- ▼15%
- Now £167k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- E.On Se (registered outside the UK register)ultimate parent75–100%
- E.on UK Holding Company Limited75–100%
- E.on UK Limited75–100%
- ECO2 Solutions Group Limited75–100%
- ECO2 Solar Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- ECO2 Energy LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.6m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.