Kronos Solar Projects Limited
Registered name: KRONOS SOLAR PROJECTS LIMITED
Part of Edp - Energias De Portugal S.A groupKronos Solar Projects Limited made £779k revenue and a £282k loss in the year to 31 Dec 2024. read from filing text
Kronos Solar Projects Limited’s revenue fell 32% to £779k in the year to 31 Dec 2024, with a loss of £282k and 5 employees. The company is classified under “production of electricity” and is based in Truro; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Truro, South West
- Age
- 13 yrs · since 2013
- 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: “During the period to 31 December 2024, the immediate parent is Kronos Solar Projects GmbH, incorporated in Germany. The ultimate controlling party is therefore EDP Renewables S.A, incorporated in Spai”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 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 | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £105k | £292k | £1.1m | £779k |
| Gross profit | £105k | £292k | £1.1m | £779k |
| Operating profit | £3.6k | £12.2k | £19.7k | £80.3k |
| Profit before tax | £1.9k | £11.3k | £13.1k | −£282k |
| Profit after tax | — | £11.6k | — | — |
| Profit (best available) | £1.9k | £11.6k | £13.1k | −£282k |
| Staff costs | £70.2k | £191k | £279k | £246k |
| Employees (average) | 2 | 5 | 5 | 5 |
| Ratios | ||||
| Profit margin | 1.8% | 4% | 1.1% | −36.2% |
| Gross margin | 100% | 100% | 100% | 100% |
| Revenue per employee | £52.5k | £58.4k | £229k | £156k |
| Profit per employee | £928 | £2.3k | £2.6k | −£56.4k |
| Cash conversion | — | — | −5580% | 209.7% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲293.1% | ▼32.1% |
| Profit growth | — | — | ▲13.4% | ▼2254% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £35.7k | £27.5k | £36.6k | £177k |
| Net assets | £7.6k | £19.1k | £28.2k | −£252k |
| Cash from operations | — | — | −£1.1m | £168k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −36.2%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £156k
- Revenue ÷ average employees.
- Profit per employee
- −£56.4k
- Profit ÷ average employees.
- Cash conversion
- 209.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼994%
- Now −£252k
- Cash at bank
- ▲383%
- Now £177k
- Headcount
- 0%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Edp - Energias De Portugal S.A (registered outside the UK register)ultimate parent75–100%
- Kronos Solar Projects Limitedthis company
Bands show the share of ownership each company holds in the one below it.
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 −£282k), 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.