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.
TypePrivate
HQLondon, GB
Size (employees)221 (est)
Websitesolarcentury.com
Solarcentury is headquartered in London, GB
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Solarcentury Office Locations

Solarcentury has offices in Las Condes, Panama City, London, Helmond 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

Solarcentury closes deal with Encavis to finance Talayuela Solar

Madrid: October 9, 2018. Solarcentury, a global leader in the development and operation of solar energy has announced the signing of a deal with the German solar and wind park operator, Encavis AG, for Encavis to acquire the 300 Megawatts (MWp) Talayuela solar plant project (Cáceres). The deal will …

IKEA selects Solarcentury for German solar launch

Solarcentury to install solar systems for IKEA customers in Germany as part of a developing partnership. Solarcentury has been chosen by IKEA as its official solar partner in Germany. The announcement follows a successful existing partnership between the two companies in the UK, Netherlands and Belg…

Solarcentury installs 506 kWp hybrid solar PV plant in Nairobi

The solar system is expected to generate 800,000 kWh annually and save the firm KES12 million per year. Solarcentury has installed a 506 kWp hybrid solar PV plant at Africa Logistics Properties (ALP), one of the first developments recently commissioned in Tatu City, Nairobi. The solar system has bee…

Solarcentury becomes first European solar company to support the recommendations of the Financial Stability Board’s Taskforce on Climate-related Financial Disclosure

Solarcentury today signed on to landmark recommendations to industry, by a pan-industry taskforce set up by the G20’s Financial Stability Board (FSB), on the disclosure by companies of financial information relevant to climate risk. The FSB announced the creation of its Taskforce on Climate-related …

Day in the life: Schola Wangui, Administration and Accounts Manager for East Africa

In the latest of our Day in the Life series, we chat to Administration and Accounts Manager, Schola Wangui, to find out what’s special about life at Solarcentury’s Kenya office. What do you do in a nutshell? My role entails two main aspects – taking care of the Kenyan accounts and taking care of the…

Solarcentury hits an important milestone in developing one of Europe’s largest solar farms

The Spanish Ministry for Ecological Transition has granted an Environmental Impact Declaration to Solarcentury’s Talayuela solar farm in an important step towards the site’s development. The 300MWp solar farm in the region of Extremadura will be one of Europe’s largest to date. Neil Perry, Chief Fin…
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Solarcentury Company Life and Culture

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