CANADIAN SOLAR SSES (UK) LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-06 (in 1y)
Last made up 2026-04-22
Watchouts
None on the register
Cash
£7M
-88.1% vs 2023
Net assets
£18M
+3.7% vs 2023
Employees
49
+172.2% vs 2023
Profit before tax
£3M
+122.4% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £58,435,729 | £138,932,614 | |
| Operating profit | £967,407 | £2,551,311 | |
| Profit before tax | £1,283,633 | £2,855,145 | |
| Net profit | £798,687 | £659,059 | |
| Cash | £54,668,453 | £6,520,523 | |
| Total assets less current liabilities | £53,933,489 | £21,802,128 | |
| Net assets | £17,698,484 | £18,357,543 | |
| Equity | £17,698,484 | £18,357,543 | |
| Average employees | 18 | 49 | |
| Wages | £1,465,789 | £3,247,657 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 1.7% | 1.8% | |
| Net margin | 1.4% | 0.5% | |
| Return on capital employed | 1.8% | 11.7% | |
| Gearing (liabilities / total assets) | 82.3% | 82.3% | |
| Current ratio | 2.12x | 1.24x | |
| Interest cover | — | 249.22x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Sayers Butterworth LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- CANADIAN SOLAR SSES (UK) LTD · parent
- Canadian Solar SSES (US) Inc. 100%
- Canadian Solar SSES (Australia) Pty Ltd 100%
- Canadian Solar SSES Japan K.K. 100%
- Shelbyville Battery Manufacturing LLC 100%
- Canadian Solar SSES (Chile) SPA 100%
- IQ Storage Canada Ltd 100%
Significant events
- “In 2024, e-STORAGE UK expanded its global energy storage presence, incorporating four new legal entities, and delivered over 659MWh of contracted capacity across various UK projects. Post period-end, in Feb 2025, Canadian Solar Energy Holding Company Limited provided a £120M capital contribution, which the Company then contributed to Shelbyville Battery Manufacturing LLC.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DICKSON, Frances Victoria | Secretary | 2024-11-29 | — | — |
| DAS, Susmita | Director | 2025-12-31 | Feb 1973 | Indian |
| O'BRIEN, Alice Joanne | Director | 2025-12-31 | May 1994 | British |
| PATERSON, Matthew James, Mr. | Director | 2024-11-29 | Mar 1985 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEAVERS, Matthew David | Secretary | 2024-06-24 | 2024-11-29 |
| PRAXIS SECRETARIES (UK) LIMITED | Corporate Secretary | 2019-12-18 | 2024-06-24 |
| GODFREY, Philip John | Director | 2021-12-17 | 2024-11-29 |
| MARNER, John Paul | Director | 2019-12-18 | 2021-08-18 |
| PARKIN, Colin David | Director | 2019-12-18 | 2025-12-31 |
| RIVOLLIER, Frederic | Director | 2019-12-18 | 2021-12-17 |
| ROY, Jeffrey David | Director | 2024-06-24 | 2025-12-31 |
| ROY, Jeffrey David | Director | 2021-08-18 | 2021-12-17 |
| WANG, Allen Minyi | Director | 2021-08-18 | 2021-12-17 |
| ZHANG, Huifeng | Director | 2019-12-18 | 2021-08-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Canadian Solar Inc | Corporate entity | ownership-of-shares-75-to-100-percent-as-firm, voting-rights-75-to-100-percent-as-firm, right-to-appoint-and-remove-directors-as-firm | 2019-12-18 | Active |
Filing timeline
Last 20 of 44 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-26 | AA | accounts | Accounts with accounts type full | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-06 | CH01 | officers | Change person director company with change date | |
| 2024-12-18 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-12-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-02 | AA | accounts | Accounts with accounts type full | |
| 2024-07-03 | CH01 | officers | Change person director company with change date | |
| 2024-06-25 | CH01 | officers | Change person director company with change date | |
| 2024-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-25 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-06-25 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-26 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+137.8%
£58,435,729 £138,932,614
-
Cash
-88.1%
£54,668,453 £6,520,523
-
Net assets
+3.7%
£17,698,484 £18,357,543
-
Employees
+172.2%
18 49
-
Operating profit
+163.7%
£967,407 £2,551,311
-
Profit before tax
+122.4%
£1,283,633 £2,855,145
-
Wages
+121.6%
£1,465,789 £3,247,657
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