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Company No. NI626834 · Incorporated 24 Sep 2014

Carrowdore Solar Limited

Registered name: CARROWDORE SOLAR LIMITED

Part of Schroders Greencoat Solar Holdco Limited group

Carrowdore Solar Limited made £1m revenue and £227k profit in the year to 31 Dec 2025.

Carrowdore Solar Limited’s revenue was £1m in the year to 31 Dec 2025, with £227k profit and 0 employees. The company is classified under “production of electricity” and is based in Belfast; we hold 2 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35110Production of electricity
Status
Active
Location
Belfast, Northern Ireland
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
£1m
Growth ▼0.3%
Profit
£227k
Growth ▼53.5%
Profit margin
22.3%
Gross 93.5%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202431 Dec 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£1m£1m
Cost of sales£49.9k£66.2k
Gross profit£972k£953k
Operating profit£685k£663k
Profit before tax£465k£316k
Profit after tax£489k£227k
Profit (best available)£489k£227k
Employees (average)00
Ratios
Profit margin47.9%22.3%
Gross margin95.1%93.5%
Growth (year on year)
Revenue growth—▼0.3%
Profit growth—▼53.5%
Balance sheet — indirect signals, not revenue
Cash at bank£213k£306k
Net assets£382k£189k
Fixed assets£4.8m£4.7m
Current assets£423k£502k
Debtors£210k£183k
SourceFullAccounts · bulk data Sep 2026FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
22.3%
Profit ÷ revenue.
Gross margin
93.5%
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
458.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
17.9%
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
▼50%
Now £189k
Cash at bank
▲43%
Now £306k
Headcount
—
Now 0
Deferred income
—
Now —
Fixed assets
▼3%
Now £4.7m
Corporate ownership

Group structure

Ownership chain

  1. Schroders Greencoat Solar Holdco Limitedultimate parent50–75%
  2. Schroders Greencoat Solar Jvco 2023 Limited75–100%
  3. Schroders Greencoat Solar Bidco 2023 Limited75–100%
  4. Carrowdore Solar Limitedthis company

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

Sister companies (33)

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 FullAccounts for the year to 31 Dec 2025 (profit £227k), from the Companies House accounts bulk data published Sep 2026. 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.