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Company No. 06083205 · Incorporated 5 Feb 2007

ECO2 Solar Limited

Registered name: ECO2 SOLAR LIMITED

Part of E.On Se group

ECO2 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.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.
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”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light
Revenue
£27m
Growth ▲40.4%
Profit
£1.6m
Growth —
Profit margin
6.1%
Gross 28.8%
Employees
89
Change ▲36.9%
Profit / employee
£18.4k
Revenue/employee £303k
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull 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)566589
Ratios
Profit margin−0.4%−1.2%6.1%
Gross margin20.3%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
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

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.
Indirect — not revenue

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.

Corporate ownership

Group structure

Ownership chain

  1. E.On Se (registered outside the UK register)ultimate parent75–100%
  2. E.on UK Holding Company Limited75–100%
  3. E.on UK Limited75–100%
  4. ECO2 Solutions Group Limited75–100%
  5. ECO2 Solar Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.