PROJECT SOLAR UK LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In light of the ongoing threat posed by a volatile macro-economic environment, the Company board of directors has completed a rigorous review of its going concern assessment and undertaken a series of actions to test and enhance the robustness of its approach to cash flow and liquidity planning for a period of at least twelve months from the date of signing these financial statements. This review included consideration of the cash flow forecasts, revenue projections across, and reasonably possible changes in trading performance, including a number of downside scenarios. After reviewing these forecasts, risk assessments, and making the necessary enquiries, the board has formed the judgement, at the time of approving these financial statements, that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for at least the twelve-month period from the date of signing.”

Significant events

• “In 2024/25 the company has seen significant success regarding Financial Ombudsman Service (FOS) and court outcomes.”
• “The company is party to an unlimited cross-company guarantee in respect of the bank borrowings of its parent company, Project Better Energy Limited. As at 31 March 2025, the aggregate borrowings of the group subject to this guarantee totalled £1,671,753 (2024: £4,205,408).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -26%

  £79,315,085 → £58,728,831

• Cash

  -30.7%

  £2,005,089 → £1,390,454

• Net assets

  0%

  £601 → £601

• Employees

  —

  Not reported

• Operating profit

  -41.1%

  £185,517 → £109,271

• Wages

  -24%

  £7,572,835 → £5,758,516

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers