Solwaybank Energy Limited
Registered name: SOLWAYBANK ENERGY LIMITED
Part of The Renewables Infrastructure Group Limited groupSolwaybank Energy Limited made £10.2m revenue and £1.3m profit in the year to 31 Oct 2024.
Solwaybank Energy Limited’s revenue grew 21% to £10.2m in the year to 31 Oct 2024, with £1.3m profit. The company is classified under “production of electricity” and is based in Kings Langley; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Kings Langley
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £9.3m | £8.4m | £10.2m |
| Cost of sales | −£4m | −£5m | −£4.6m |
| Gross profit | £5.4m | £3.4m | £5.6m |
| Operating profit | £5.2m | £3.2m | £5.4m |
| Profit before tax | £1.5m | −£304k | £2.2m |
| Profit after tax | £594k | −£948k | £1.3m |
| Profit (best available) | £594k | −£948k | £1.3m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 6.4% | −11.3% | 13% |
| Gross margin | 57.6% | 40.3% | 54.8% |
| Growth (year on year) | |||
| Revenue growth | — | ▼9.7% | ▲21.4% |
| Profit growth | — | ▼259.6% | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 13%
- Profit ÷ revenue.
- Gross margin
- 54.8%
- 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.
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 —
Group structure
Ownership chain
- The Renewables Infrastructure Group Limited (registered outside the UK register)ultimate parent75–100%
- The Renewables Infrastructure Group (UK) Limited75–100%
- The Renewables Infrastructure Group (UK) Investments Limited75–100%
- European Wind Investments Group 2 Limited75–100%
- Solwaybank Energy 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).
Sources
Latest figures from accounts for the year to 31 Oct 2024 (profit £1.3m), from the Companies House accounts bulk data published Aug 2025. Spotted an error? Request a correction.
Updated from Companies House on 20 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.