ABSOLAR SOLUTIONS LTD

Active
Company number 12322471Private limited companyIncorporated 2019

Key figures

£141,716-68.6%
Net assets 2024/25
+26.1%
Average annual growth 2020/21–2024/25
0200 k400 k600 k2020/212021/222022/232023/242024/25

Like most small UK companies, ABSOLAR SOLUTIONS LTD does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 71122

Where the company stands among the 22,048 active companies whose first SIC code is 71122 (Engineering related scientific and technical consulting activities).

Net assets£141,716
Higher than 85% · median £13,197
Total assets£571,887
Higher than 93% · median £37,911
Cash£392,921
Higher than 91% · median £25,837
Employees11
Higher than 96% · median 1
Company age7.0 years
Older than 65% · median 4.4 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 22,048. The line on each bar marks the median.

Summary: ABSOLAR SOLUTIONS LTD

What kind of company is it?

ABSOLAR SOLUTIONS LTD is a private limited company registered with Companies House under company number 12322471. It was incorporated on 19 Nov 2019. Its status is active. The registered office is in Southampton (SO16). Its nature of business (SIC 2007) is engineering related scientific and technical consulting activities (71122).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 30 Nov 2025); the company files small company accounts (filleted). Net assets were £141,716, down 68.6% on the previous year. Cash at bank and in hand was £392,921. The company had an average of 11 employees. Figures are available for 5 financial years (2020/21–2024/25).

How does it compare with similar companies?

Compared with 22,048 active companies whose first SIC code is 71122: By net assets it ranks higher than 85% of them (median £13,197). By total assets it ranks higher than 93% of them (median £37,911). By cash it ranks higher than 91% of them (median £25,837). By number of employees it ranks higher than 96% of them (median 1). It is older than 65% of them (median age 4.4 years).

Does it supply the public sector?

The company is named as a supplier in 4 public contract award notices from 4 public sector buyers since 2022. Contracts awarded to it alone have a combined published value of £70k. 3 of the awards are shared with other suppliers, typically framework agreements.

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Skilled Worker). HMRC lists it as an importer of goods, mainly electrical equipment.

Who runs and controls the company?

The company has 2 current directors. One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Aug 2027. The next confirmation statement is due by 2 Dec 2026.

Filed accounts2020/21–2024/25
2020/212021/222022/232023/242024/25
Cash at bank and in hand——337,264—392,921
Total assets132,523348,282423,887697,152571,887
Total liabilities82,728172,870179,933245,647—
Net assets / total equity55,995175,412243,954451,505141,716
Average number of employees67101111

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

4 contracts

ABSOLAR SOLUTIONS LTD is named as a supplier in 4 public contract award notices from 4 public sector buyers since 2022. The 1 contract awarded to it alone with a published value add up to £70k. 3 awards are shared with other suppliers and not counted in that total.

Contracts per year
Main buyers4
Rother District Council
1 contract · £70k
Commercial Services
1 contract
Kent County Council (t/a LASER Energy)
1 contract
Ofgem
1 contract
Contracts
  1. REX2604 DLWP Solar PanelsRother District Council · £69,958
  2. Supply and/or Install of Rooftop Solar Photovoltaic Systems and Associated Equipment Y24013‡Commercial Services · shared by 29 suppliers, up to £89,000,000 in total
  3. Supply and/or Install of Rooftop Solar Photovoltaic Systems and Associated Equipment Y24013‡Kent County Council (t/a LASER Energy) · shared by 10 suppliers, up to £1 in total · 3 lots
  4. Energy and Economic Services and Advice Framework Agreement‡Ofgem · shared by 4 suppliers, up to £1,120,000 in total

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Route
Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

International trade‡

Listed by HMRC as an importer of goods in 1 of the last 12 months on record, most recently July 2026. Main goods: electrical equipment.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

9 events
  1. Financial year 2024/25 endedAccounts: net assets £141.7k, 11 employees
  2. Financial year 2023/24 endedAccounts: net assets £451.5k, 11 employees
  3. Financial year 2022/23 endedAccounts: net assets £244k, 10 employees
  4. Financial year 2021/22 endedAccounts: net assets £175.4k, 7 employees
  5. Financial year 2020/21 endedAccounts: net assets £56k, 6 employees
  6. Nicholas CORY appointedDirector
  7. Yue WU appointedDirector
  8. Dr Yue Wu registered as a person with significant control
Earlier events (1)
  1. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.