Skip to content
CompanySight
Company No. 08532326 · Incorporated 16 May 2013

Millclose Solar Limited

Registered name: MILLCLOSE SOLAR LIMITED

Part of Elm Trading Limited group

Millclose Solar Limited made £7m revenue and £6.7m profit in the year to 30 Sep 2025.

Millclose Solar Limited’s revenue grew 268% to £7m in the year to 30 Sep 2025, with £6.7m profit. The company is classified under “production of electricity” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35110Production of electricity
Status
Active
Location
London, London
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.

Latest accounts · year to 30 Sep 2025

Key figures

Operating leverage
Revenue
£7m
Growth ▲267.7%
Profit
£6.7m
Growth ▲399.4%
Profit margin
95.7%
 
Employees
—
Change —
Profit / employee
—
 
Profitable streak
3yrs
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 to30 Sep 202330 Sep 202430 Sep 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£776k£1.9m£7m
Cost of sales−£371k−£813k−£3.5m
Operating profit£405k£1.1m£3.5m
Profit before tax£561k£4.8m£6.9m
Profit after tax£427k£1.3m£6.7m
Profit (best available)£427k£1.3m£6.7m
Employees (average)———
Ratios
Profit margin55.1%70.5%95.7%
Growth (year on year)
Revenue growth—▲144.3%▲267.7%
Profit growth—▲212.6%▲399.4%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Jul 2025Accounts · bulk data Jul 2025Accounts · bulk data May 2026
Derived from the latest filing

How the business works

Profit margin
95.7%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
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.
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
—
Now —
Cash at bank
—
Now —
Headcount
—
Now —
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Elm Trading Limitedultimate parent75–100%
  2. Millclose Solar Limitedthis company

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

Subsidiaries (7)

Sister companies (8)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Sep 2025 (profit £6.7m), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.

Updated from Companies House on 14 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.