Triple Solar Ltd
Registered name: TRIPLE SOLAR LTD
Triple Solar Ltd made £43.7m revenue and £1.5m profit in the year to 31 Dec 2025.
Triple Solar Ltd’s revenue was £43.7m in the year to 31 Dec 2025, with £1.5m profit and 28 employees. The company is classified under “electrical installation” and is based in Harlow; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Harlow, East of England
- Age
- 15 yrs · since 2011
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | £50.9m | £25m | £28.6m | £43.7m |
| Cost of sales | — | £48.5m | £20.3m | £24.5m | £39.2m |
| Gross profit | — | £2.4m | £4.8m | £4.1m | £4.5m |
| Operating profit | — | £2.1m | £1.4m | £1.4m | £2m |
| Profit before tax | — | £2.1m | £1.4m | £1.4m | £2m |
| Profit after tax | — | £1.7m | £1.1m | £1.1m | £1.5m |
| Profit (best available) | — | £1.7m | £1.1m | £1.1m | £1.5m |
| Staff costs | — | £157k | £378k | — | — |
| Employees (average) | 4 | 11 | 20 | 25 | 28 |
| Ratios | |||||
| Profit margin | — | 3.3% | 4.2% | 3.8% | 3.5% |
| Gross margin | — | 4.7% | 19% | 14.3% | 10.3% |
| Revenue per employee | — | £4.6m | £1.3m | £1.1m | £1.6m |
| Profit per employee | — | £155k | £52.7k | £43k | £54.2k |
| Cash conversion | — | −67.8% | 67.8% | −64.5% | −336.3% |
| Growth (year on year) | |||||
| Revenue growth | — | — | ▼50.8% | ▲14.2% | — |
| Profit growth | — | — | ▼37.9% | ▲1.9% | — |
| Headcount growth | — | ▲175% | ▲81.8% | ▲25% | — |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £2.5m | £602k | £1m | £1.4m | £7.4m |
| Net assets | £1.7m | £3.4m | £4.4m | £5.5m | £7m |
| Fixed assets | £338k | £382k | £365k | £366k | £358k |
| Current assets | £4.5m | £7.8m | £12.1m | £15.8m | £27.3m |
| Debtors | £1.6m | £5.6m | £4.7m | £3.9m | £7.1m |
| Cash from operations | — | −£1.4m | £956k | −£932k | −£6.8m |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Aug 2026 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 3.5%
- Profit ÷ revenue.
- Gross margin
- 10.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.6m
- Revenue ÷ average employees.
- Profit per employee
- £54.2k
- Profit ÷ average employees.
- Cash conversion
- −336.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.4%
- 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
- —
- Now £7m
- Cash at bank
- —
- Now £7.4m
- Headcount
- —
- Now 28
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £358k
Similar profitable businesses
- The James Mercer Group LimitedAshton on Ribble, Preston · Electrical installation
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- £42.3m
- Profit
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- Staff
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- Gloster Mep LimitedTunbridge Wells · Electrical installation
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- Profit
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- Arc Group London LimitedUpper Edmonton · Electrical installation
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- Profit
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- Ameon LimitedBlackpool · Electrical installation
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- Polyteck Building Services LimitedLondon · Electrical installation
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- H.malone and Sons LimitedNewcastle Upon Tyne · Electrical installation
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.5m), from the Companies House accounts bulk data published Aug 2026. 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.