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.
Type
Public
HQ
Redditch, GB
Founded
1979
Size (employees)
216 (est)+35%
Solid State was founded in 1979 and is headquartered in Redditch, GB
Report incorrect company information

Solid State Office Locations

Solid State has an office in Redditch
Redditch, GB (HQ)
Hedera Rd
Show all (1)
Report incorrect company information

Solid State Financials and Metrics

Solid State Financials

Solid State's revenue was reported to be £40.02 m in FY, 2017
GBP

Revenue (FY, 2017)

40 m

Gross profit (FY, 2017)

12 m

Gross profit margin (FY, 2017), %

30.1%

Net income (FY, 2017)

2.3 m

EBITDA (FY, 2017)

3.6 m

EBIT (FY, 2017)

2.7 m

Market capitalization (11-Sep-2017)

40.6 m

Closing share price (11-Sep-2017)

4.9

Cash (31-Mar-2017)

909 k
Solid State's current market capitalization is £40.6 m.
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

10.7 m12.5 m13.5 m21.2 m25.9 m31.5 m32.1 m36.6 m36.8 m40 m

Revenue growth, %

14%21%

Cost of goods sold

7.6 m9 m9.9 m15.3 m18.7 m23.3 m22.7 m25.4 m25.3 m28 m

Gross profit

3.2 m3.5 m3.6 m5.9 m7.2 m8.2 m9.4 m11.2 m11.5 m12 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

340 k216.8 k343.8 k73 k41.9 k1.1 m685.4 k1.7 m994 k909 k

Accounts Receivable

2 m2.1 m2.5 m3.9 m6.5 m6.7 m9.9 m7.3 m12.7 m7.4 m

Inventories

1.6 m1.6 m1.8 m2.8 m3.1 m3.1 m4.6 m5.4 m5.5 m5.6 m

Current Assets

3.9 m4 m4.7 m7.1 m10 m11.3 m15.7 m16.1 m20 m14.6 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

333 k485.8 k405.6 k968.5 k1.3 m1.5 m1.9 m2.9 m2.3 m2.3 m

Cash From Operating Activities

859 k546.2 k300.7 k439.6 k(27.9 k)831.1 k2.1 m2.2 m1.8 m9.2 m

Dividends Paid

169 k184.7 k246.3 k441.4 k513.9 k603.3 k810.4 k1 m1 m

Cash From Financing Activities

(311 k)(446.2 k)144.3 k(240.1 k)(429.6 k)516.4 k773.3 k(2.3 m)(1.1 m)(1.1 m)
GBPY, 2017

Revenue/Employee

248.6 k

Financial Leverage

1.4 x
Show all financial metrics
Report incorrect company information

Solid State Online and Social Media Presence

Embed Graph
Report incorrect company information

Solid State News and Updates

Sensata’s NOVA22 Solid State Relay Now Features 45mm DIN Rail Model

The relays offer higher power ratings, IP20 protection and output wire capacity up to 3 AWG with quick, ‘no-accessories-necessary’ installation.

Sensata NOVA22 Solid State Relay now features 45mm DIN Rail Model

Sensata Technologies (ST) announced today it has added the Crydom DR45 Series solid state relay (SSR) to its innovative NOVA22 family for use in industrial machinery, HVAC&R and railway vehicles. This new DIN rail mount SSR offers high power density up to 60 Amps at 40°C in a compact, 45mm packa…

A Solid State Replacement for Ultraviolet Photomultiplier Tubes

An avalanche photodiode (APD) with a silicon carbide substrate (SiC) exhibits the sensitivity and high signal gain of a traditional APD with a signal response confined to the ultraviolet (UV) region of the electromagnetic spectrum. The SiC UV APD serves as an ideal replacement for UV photomultiplier…

APAC Solid State Transformers Market to Develop Rapidly by 2020

A solid state transformers (SST)is considered a key enabler for power grids, as they provide better control over the system, with high load handling capacity as well as efficient bi-directional power flow. Posted via Industry Today. Follow us on Twitter @IndustryToday

Japanese Government Partners With Manufacturers On Solid State Battery Research

The Japanese government is funding a new solid state battery research center to boost Japan's battery market share, which has fallen dramatically in the past 5 years.

100 Terabyte Solid State Drive Introduced

Nimbus claims its latest drive adds more than three times the capacity of the closest competitor
Show more
Report incorrect company information