How much does Growatt New Energy Technology Limited make?

Growatt New Energy Technology Limited reported revenue of £17.5m and a loss of £564k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Growatt New Energy Technology Limited have?

Growatt New Energy Technology Limited reported an average of 9 employees in the year to 31 Dec 2025.

Is Growatt New Energy Technology Limited profitable?

No — Growatt New Energy Technology Limited reported a loss of £564k in the year to 31 Dec 2025.

Company No. 08660706 · Incorporated 22 Aug 2013

Growatt New Energy Technology Limited

Registered name: GROWATT NEW ENERGY TECHNOLOGY LIMITED

Growatt New Energy Technology Limited made £17.5m revenue and a £564k loss in the year to 31 Dec 2025.

Growatt New Energy Technology Limited’s revenue fell 3% to £17.5m in the year to 31 Dec 2025, with a loss of £564k and 9 employees. The company is classified under “agents specialized in the sale of other particular products” and is based in Ilford; we hold 5 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46180Agents specialized in the sale of other particular products

Status: Active
Location: Ilford, London
Age: 13 yrs · since 2013
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentSmall teamCapital-lightCash flow filed

Revenue

£17.5m

Growth ▼3.2%

Profit

−£564k

Growth —

Profit margin

−3.2%

Gross 0.2%

Employees

Change ▼40%

Profit / employee

−£62.7k

Revenue/employee £1.9m

Profitable streak

0yrs

Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£7.1m	£38.5m	£39.2m	£18m	£17.5m
Cost of sales	£5.6m	£29.1m	£38.8m	£20.2m	£17.4m
Gross profit	£1.5m	£9.4m	£380k	−£2.1m	£34.6k
Profit before tax	£1.3m	£7.9m	−£1.1m	−£3.9m	−£789k
Profit after tax	£1.3m	£6.3m	−£1.1m	−£3.9m	−£564k
Profit (best available)	£1.3m	£6.3m	−£1.1m	−£3.9m	−£564k
Employees (average)	2	6	11	15	9
Ratios
Profit margin	18.7%	16.4%	−2.8%	−21.7%	−3.2%
Gross margin	21.4%	24.4%	1%	−11.8%	0.2%
Revenue per employee	£3.6m	£6.4m	£3.6m	£1.2m	£1.9m
Profit per employee	£666k	£1.1m	−£101k	−£261k	−£62.7k
Growth (year on year)
Revenue growth	—	▲439.6%	▲1.7%	▼53.9%	▼3.2%
Profit growth	—	▲373.9%	▼117.6%	—	—
Headcount growth	—	▲200%	▲83.3%	▲36.4%	▼40%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£5.9m	£3.3m	£1.8m	£1.7m
Net assets	−£740k	£5.6m	£4.5m	£539k	−£25.1k
Fixed assets	£241	£855	£4.7k	£34.6k	£25.9k
Current assets	£8.6m	£24.2m	£14.5m	£9.2m	£6.9m
Debtors	£1.1m	£4.3m	£2.4m	£2.3m	£1.8m
Cash from operations	−£449k	−£3.8m	£919k	£1.5m	£22k
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2025	FullAccounts · bulk data Nov 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −3.2%; Profit ÷ revenue.
Gross margin: 0.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.9m; Revenue ÷ average employees.
Profit per employee: −£62.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.2%; 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: ▼105%; Now −£25.1k
Cash at bank: ▼4%; Now £1.7m
Headcount: ▼40%; Now 9
Deferred income: —; Now —
Fixed assets: ▼25%; Now £25.9k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£564k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 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.