Solid State

Solid State is a high value-add manufacturer and specialist design-in distributor to the electronics industry. It has particular expertise in industrial/ruggedized computers, specialist electronic components and battery power solutions. Serving industries with demands for complex, performance-critical products, the Solid State trading brands have become recognised industry leaders through consistently delivering product quality, high service standards and comprehensive technical support. Solid State plc has two principal trading companies in the UK; Solid State Supplies Ltd and Steatite Ltd. In addition we market our products through a number of industry leading brands which include ndura RUGGED®, Steatite Rugged Systems, RZ Pressure and Steatite Wordsworth.
Company Growth (employees)
Type
Public
HQ
Redditch, GB
Founded
1979
Size (employees)
161 (est)
Solid State was founded in 1979 and is headquartered in Redditch, GB

Solid State Office Locations

Solid State has an office in Redditch
Redditch, GB (HQ)
Hedera Rd

Solid State Financials and Metrics

Solid State Financials

Solid State's revenue was reported to be £44.1 m in FY, 2016 which is a 21% increase from the previous period.
GBP

Revenue (FY, 2016)

44.1 m

Revenue growth (FY, 2015 - FY, 2016), %

21%

Gross profit (FY, 2016)

14 m

Gross profit margin (FY, 2016), %

32%

Net income (FY, 2016)

4.2 m

Market capitalization (11-Sep-2017)

40.6 m

Closing share price (11-Sep-2017)

4.9
Solid State's current market capitalization is £40.6 m.
GBPFY, 2014FY, 2015FY, 2016

Revenue

32.1 m36.6 m44.1 m

Revenue growth, %

14%21%

Cost of goods sold

22.7 m25.4 m30.1 m

Gross profit

9.4 m11.2 m14 m
GBPFY, 2014FY, 2015FY, 2016

Cash

685.4 k1.7 m

Accounts Receivable

9.9 m7.3 m12.7 m

Current Assets

15.7 m16.1 m20 m

PP&E

1.1 m1.2 m1.4 m
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

2.1 m2.2 m1.8 m

Cash From Financing Activities

773.3 k(2.3 m)(1.1 m)

Income Taxes Paid

(277.6 k)(122 k)(27.8 k)
GBPY, 2016

Revenue/Employee

302.1 k

Financial Leverage

1.7 x
Show all financial metrics

Solid State Market Value History

Traffic Overview of Solid State

Solid State Online and Social Media Presence

Solid State News and Updates

Spinning Lighter, More Sustainable Solid State Electrodes For Batteries & Supercapacitors

Researchers at Drexel University have created a solid state, non-flammable electrode for lithium ion supercapacitors and batteries. Spinning Lighter, More Sustainable Solid State Electrodes For Batteries & Supercapacitors was originally published on CleanTechnica. To read more from CleanTechni…

AEye Completes Live Demo Of 360 Degree Solid State LiDAR System

The robotic vision tech company AEye has successfully completed a live demo of its solid-state commercial LiDAR system (with 360° vehicle coverage) in a metropolitan setting, according to a new press release AEye Completes Live Demo Of 360 Degree Solid State LiDAR System was originally published on …

Solid State Lighting System Market Revenue, Opportunity, Forecast and Value Chain 2017-2027

Future Market Insights has announced the addition of the “Solid State Lighting System Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027" report to their offering. Posted via Industry Today. Follow us on Twitter @IndustryToday

Solid State Transformers Could Be Key To Smart Grid Functionality

Researchers at North Carolina State University have been using complex computational models to explore ways to make a "smart grid" a reality. Their recommendation? Solid state transformers Solid State Transformers Could Be Key To Smart Grid Functionality was originally published on CleanTechnica. T…

LC Technology's Solid State Doctor SSD Utility Toolkit

LC Technology International, Inc., a data recovery, security and utility solutions concern, has released an updated version of its Solid State Doctor, a utility suite that optimizes the performance of SSDs. Posted via Industry Today. Follow us on Twitter @IndustryToday

Client Solid State Drive Based on 64-layer 3-D NAND Technology

Western Digital’s new drive is targeted at DIY enthusiasts, resellers and system builders

Solid State Company Life and Culture

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