Sunamp designs, produces and sells non-toxic, compact highly efficient modular Heat Batteries that use non-toxic Phase Change Material (PCM) to store heat energy for a wide range of applications including energy efficiency, grid balancing and renewable energy. Sunamp has immense growth potential not only in the Built Environment in the UK but also many other industry sectors and worldwide markets. Sunamp Heat Batteries make sense for all customers who want to make their energy systems work better and deliver higher yield. Sunamp Heat Batteries are a packaged store of heat energy using Phase Change Materials (PCMs). They are scalable and can be tailored to specific applications from large-scale industrial use to household and to compact automotive solutions. Sunamp Ltd is based near Edinburgh SunampPV This is a system that uses excess electricity from a Solar PV array to provide hot water without the need for an immersion heater or hot water tank. It does this by electrically charging heat batteries inside the SunampPV. Instantaneous hot water is available on demand for direct customer use or as a preheat to a combi boiler, saving up to £418 per year from the customer’s energy bills (on top of the Feed In Tariff, if applicable).
Company Growth (employees)
Type
Private
HQ
East Lothian, GB
Founded
2006
Size (employees)
22 (est)
Website
sunamp.com
Sunamp was founded in 2006 and is headquartered in East Lothian, GB

Key People/Management at Sunamp

Andrew Bissell

Andrew Bissell

Chief Executive Officer

Sunamp Office Locations

Sunamp has an office in East Lothian
East Lothian, GB (HQ)
1 Satellite Park

Sunamp Financials and Metrics

Summary Metrics

Founding Date

2006

Total Funding

$6.1 m

Latest funding size

$4.1 m

Time since last funding

over 1 year

Investors

Sunamp's latest funding round in April 2016 was reported to be $4.1 m. In total, Sunamp has raised $6.1 m

Sunamp Financials

Sunamp's revenue was reported to be £1.9 m in FY, 2016 which is a 333% increase from the previous period.
GBP

Revenue (FY, 2016)

1.9 m

Gross profit (FY, 2016)

(1.3 m)

Gross profit margin (FY, 2016), %

(68%)

Net income (FY, 2016)

(522.9 k)

EBITDA (FY, 2016)

(681.2 k)

EBIT (FY, 2016)

(711.1 k)

Cash (31-Dec-2016)

2.4 m
GBPFY, 2014FY, 2015FY, 2016

Revenue

105.5 k443.6 k1.9 m

Revenue growth, %

321%

Cost of goods sold

273.9 k453.9 k3.2 m

Gross profit

(168.4 k)(10.3 k)(1.3 m)
GBPFY, 2014FY, 2015FY, 2016

Net Income

(560.3 k)(452.5 k)(522.9 k)

Income Taxes Paid

46.3 k100 k
    GBPY, 2016

    Revenue/Employee

    158.9 k

    Financial Leverage

    1.2 x
    Show all financial metrics

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