There are 3 main parts to our business: 1. Contract manufacture: We manufacture the award-winning range of C21e tiles and slates. These solar tiles and slates fit onto your roof like a standard tile; a 21st century building product, integrated and seamless. 2. Projects: We work directly with our clients to develop, design and install commercial, industrial and utility-scale solar. From barn roofs to grand bridges to ground-mounted solar, we’ve put solar on more types of sites than any other company in the industry. 3. Residential programmes: We work with social housing groups, retailers, banks and utilities to set up a system whereby they can offer domestic-scale solar to their customers. Just look at our success selling solar in Ikea stores. All our customers benefit from our experience in terms of engineering quality, superior yields and sheer breadth of deployment.

Employee Rating

3.8More
TypePrivate
HQLondon, GB
Size (employees)227 (est)
Websitesolarcentury.com
Solarcentury is headquartered in London, GB
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Solarcentury Office Locations

Solarcentury has offices in London, Panama City, Nairobi, Las Condes and in 4 other locations
London, GB (HQ)
50 Great Sutton St
Las Condes, CL
5931 Cerro El Plomo
Heidelberg, DE
56 Uferstraße
Nairobi, KE
Marula Ln
Ciudad de México, MX
Polanco
Helmond, NL
10 Binnen Parallelweg
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Solarcentury Financials and Metrics

Summary Metrics

Solarcentury Revenue

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Solarcentury's revenue was reported to be £62.85 m in FY, 2018
GBP

Revenue (FY, 2018)

62.9m

Gross profit (FY, 2018)

15.4m

Gross profit margin (FY, 2018), %

24.5%

Net income (FY, 2018)

(651.0k)

EBITDA (FY, 2018)

1.5m

EBIT (FY, 2018)

596.0k

Cash (31-Mar-2018)

22.2m
GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

920.8k2.8m4.2m6.0m14.7m13.9m19.4m28.1m34.5m50.3m61.8m80.5m109.2m222.3m168.3m116.4m62.9m

Revenue growth, %

104%(24%)

Cost of goods sold

904.9k2.4m3.0m4.6m11.7m11.3m16.2m23.3m27.2m40.6m52.1m67.8m93.3m194.7m151.2m104.9m47.5m

Gross profit

15.9k386.4k1.1m1.4m3.0m2.5m3.2m4.8m7.3m9.7m9.6m12.6m15.9m27.6m17.1m11.5m15.4m
GBPFY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

121.6k624.0k1.8m435.4k556.1k2.1m1.9m2.9m9.8m9.5m10.0m6.0m15.0m24.4m30.7m33.6m36.6m31.3m22.2m

Accounts Receivable

640.4k649.4k570.9k903.0k919.0k857.5k2.9m3.7m6.1m6.8m4.7m3.4m12.0m10.6m13.1m27.4m3.3m

Inventories

211.4k379.1k556.9k456.0k460.0k938.2k2.4m4.9m7.1m5.8m7.8m10.7m5.3m4.5m12.7m17.7m15.3m14.3m11.1m

Current Assets

2.0564.9k1.6m3.3m1.8m1.8m4.2m6.0m9.1m20.6m19.4m25.0m26.1m26.0m40.2m76.2m89.0m80.7m77.9m46.6m
GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(2.8m)(1.5m)(534.6k)(97.9k)657.0k(2.5m)(3.2m)(2.9m)(726.9k)2.7m707.6k3.0m2.0m5.1m2.4m(2.9m)(651.0k)

Cash From Operating Activities

346.4k215.0k(3.9m)(6.5m)189.0k1.2m(3.7m)9.3m10.0m7.3m3.1m3.3m(3.9m)(6.0m)

Cash From Financing Activities

1.2m(3.0k)5.0m13.4m(27.8k)(21.4k)4.4k(7.1k)(388.0k)

Net Change in Cash

1.5m164.0k930.1k6.9m(278.5k)690.2k(3.8m)9.2m9.5m6.4m2.9m2.9m(5.0m)(8.9m)
GBPY, 2018

Revenue/Employee

294.6k

Financial Leverage

2.1 x
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Solarcentury Online and Social Media Presence

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Solarcentury Blogs

IKEA Germany launches home solar with Solarcentury, following successful soft launch

Solarcentury’s partnership with IKEA Germany will kick off today with the sale of SOLSTRÅLE solar systems from IKEA stores across the country. The solar systems will be available to buy online and in German IKEA stores for as little as 4,730 Euros. Dennis de Jong, Managing Director of Residential fo…

Liam Hicks: ‘My taste of fame with the BBC’

Solarcentury’s Senior Field Service Engineer, Liam Hicks, talks about his day of filming a solar education video for BBC Bitesize and winning a staff award for his efforts. The BBC approached Solarcentury looking for a solar engineer to interview for an educational video and I was really pleased to …

2018: A year of solar growth and optimism

Yes, we are in changing times. 2018 has thrown the world much environmental, social, political and economic turbulence; as our old systems continue to creak and crack around us. But there is good news and reasons to be positive. The growth of much needed clean, affordable, scalable solar power is on…

Solarcentury celebrates launch of East Africa’s largest solar powered airport, Moi International Airport

Senior officials from UN and Kenyan aviation bodies will visit Mombasa’s Moi International Airport today for a special event to launch Solarcentury’s new 503 kWp solar installation on site. Officials from the UN’s specialised agency for civil aviation, the International Civil Aviation Organisation, …

44MW solar park begins production in the Netherlands

Budel-Dorplein, Monday 3rd December 2018: A solar park the size of 120 football fields has begun producing clean electricity for the national grid in the Netherlands. 44 MW Budel Solar Park, one of the largest in the country, was built over five months near the city of Eindhoven and is a joint initi…

Solarcentury gets go ahead from Andalusian government for four solar power projects in Seville, Spain

Madrid. November 20, 2018. Solarcentury, a British solar power company, has received the go ahead from the regional government in Andalucia to construct four solar parks in Alcala de Guadaira, Seville, Spain. The projects are known as “Cerrado Cabrera”, “El primo Alemán”, “Hazas de los sesenta” and …
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Solarcentury Company Life and Culture

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Solarcentury Frequently Asked Questions

  • How many employees does Solarcentury have?

    Solarcentury has 227 employees.

  • What is Solarcentury revenue?

    Latest Solarcentury annual revenue is £62.9 m.

  • What is Solarcentury revenue per employee?

    Latest Solarcentury revenue per employee is £276.9 k.

  • Who are Solarcentury competitors?

    Competitors of Solarcentury include A&R Solar, BrightSource Energy and Affordable Solar.

  • Where is Solarcentury headquarters?

    Solarcentury headquarters is located at 50 Great Sutton St, London.

  • Where are Solarcentury offices?

    Solarcentury has offices in London, Panama City, Nairobi, Las Condes and in 4 other locations.

  • How many offices does Solarcentury have?

    Solarcentury has 8 offices.