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Company No. 08923473 · Incorporated 5 Mar 2014

Carnemough Solar Project Limited

Registered name: CARNEMOUGH SOLAR PROJECT LIMITED

Part of Greencoat Solar Assets I Limited group

Carnemough Solar Project Limited made £1.7m revenue and £448k profit in the year to 31 Dec 2025.

Carnemough Solar Project Limited’s revenue grew 8% to £1.7m in the year to 31 Dec 2025, with £448k profit and 0 employees. The company is classified under “production of electricity” and is based in Hove; 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
Hove, South East
Age
12 yrs · since 2014
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 31 Dec 2025

Key figures

Small team
Revenue
£1.7m
Growth ▲7.8%
Profit
£448k
Growth ▼19.6%
Profit margin
26.6%
Gross 94.5%
Employees
0
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 to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£1.7m£1.6m£1.7m
Cost of sales−£90.8k−£85.6k−£92.7k
Gross profit£1.6m£1.5m£1.6m
Operating profit£1.2m£999k£1.1m
Profit before tax£783k£592k£744k
Profit after tax£668k£557k£448k
Profit (best available)£668k£557k£448k
Employees (average)000
Ratios
Profit margin38.7%35.7%26.6%
Gross margin94.7%94.5%94.5%
Growth (year on year)
Revenue growth—▼9.4%▲7.8%
Profit growth—▼16.6%▼19.6%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Aug 2025Accounts · bulk data Aug 2025Accounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
26.6%
Profit ÷ revenue.
Gross margin
94.5%
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 0
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Greencoat Solar Assets I Limitedultimate parent75–100%
  2. Carnemough Solar Project Limitedthis company

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

Sister companies (24)

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 31 Dec 2025 (profit £448k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 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.