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.
Redditch, GB
Size (employees)
216 (est)+35%
Solid State was founded in 1979 and is headquartered in Redditch, GB
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Solid State Office Locations

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

Solid State Financials

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

Revenue (FY, 2017)

40 m

Gross profit (FY, 2017)

12 m

Gross profit margin (FY, 2017), %


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)


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


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

Revenue growth, %


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
GBPY, 2017


248.6 k

Financial Leverage

1.4 x
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Solid State News and Updates

100 Terabyte Solid State Drive Introduced

Nimbus claims its latest drive adds more than three times the capacity of the closest competitor

Space-Qualified, Radiation-Tolerant Solid State Drives Introduced

Mercury Systems new storage devices include error correction algorithms prevent radiation damage to flash memory elements

Global Solid State (Smart) Transformers Market Professional Survey Report- Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2025

Global QYResearch has announced the addition of the "Global Solid State (Smart) Transformers Market" report to their offering. Posted via Industry Today. Follow us on Twitter @IndustryToday

Global Solid State (Smart) Transformer Market 2018 Size, Share, Growth, Trends, Type, Application, Analysis and Forecast by 2025 adds “Solid State (Smart) Transformer Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2025”reports to its database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Solid State Relay Market is Expected to Reach US$1.176 billion by 2022

Market Research Report on Solid State Relay Market Posted via Industry Today. Follow us on Twitter @IndustryToday

Audiotonix Group Brings in Solid State Logic

Audiotonix continues to grow its group of audio brands with the acquisition of Solid State Logic.
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