Sunlight Technology Plc

Company Overview

Sunlight Technology owns over 2,700 solar PV installations generating over seven megawatts of renewable electricity every year. Sunlight’s assets are fully-installed and income-producing domestic solar systems which benefit from the government’s Feed-In Tariff (FIT) scheme. Under the FIT scheme payments are received by Sunlight directly from an electricity supply company, as is obligated under government legislation. Payments continue for a period of 25 years or 20 years depending on the date of installation. 

Sunlight provides homeowners with affordable green energy at the point of use and shareholders with a reliable government-backed income stream. The company also trades and maintains solar and other green energy products. Sunlight’s office in the heart of Manchester monitors its asset portfolio to maintain and improve its performance. Sunlight has also recently established a subsidiary business to sell complementary technology to its customers and the wider UK renewables market. Business growth is now being driven via expansion into air source heat pump technologies, domestic battery solutions and other renewable product offerings.

  • Statistics
  • Company Updates
  • Management
  • Financials
Symbol SUN
Indicative price HALT
Change on price 0.00
Currency GBp
Market Cap £8,82m

Company Updates

Shareholders Update
Shareholder Update

Company Directors

Mark Read

Non-Executive Director

Mark has agreed to be the shareholder Board member and has worked in senior finance (CFO) and operational (COO) positions at JLT Re and at Aon which has included various board positions and Approved Status with the FCA (a regulated activity). His experience included business turn-rounds, new business set-ups, and he is currently the Chief Global Financial Officer for the Baltic Exchange.

Andrew Crowe

Executive Director

Andrew qualified as a Chartered Accountant at Pricewaterhouse Coopers and has since led numerous due diligence teams and business and purchase negotiations. This experience led to a prolonged period at Meggitt PLC managing their business acquisitions and included time in the US as a divisional Finance Director.

Damian McGann

Chairman

Damian has had a career spanning over 30 years within the finance and management function at Barclays, Lloyds Bank and most recently at Santander where his responsibilities included the outer London renewable energy lending team. He is currently Chairman of the Trustees at the Dean Trust, and Managing Director and owner of a management consultancy firm, Redocean Consultancy Ltd who are currently advising a US bank. In addition, he is a director at RVDL Developments Ltd and a board advisor at Nivo Solutions Ltd.

Martin Smith

Chief Executive Officer

Martin has extensive hands on experience in the UK renewable energy sector across commercial and domestic solar, biomass and air source heat pumps. He founded Aberla in 2015. Martin helped both secure multi-million-pound solar PV contracts with local authorities and raise investment through SEIS, EIS and institutions.

Company Financials

Download recent financial documents for Sunlight Technology Plc.

Consolidated Balance Sheet 31/12/2017

Financial Statements 31st Dec 2017

Company Information

ISIN GB00BG0CVD75
Company number 07769407
Par value 0.10 GBp
Class of security ORDINARY
Settlement type CREST
Registrar Share Registrars
Dealing restrictions

TRADING HALT

Country of incorporation UK
Status Live

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