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Solid State Fundamentals

Company Name Solid State Last Updated 17 Sep 2020
Industry Industrials Sector Electrical Components & Equipment
Shares in Issue (m) 8.56 Market Cap (£m) 51.77
PE Ratio 15.09 Div per Share (p) 12.50
Div Yield 2.07 Div Cover 3.21
EPS 40.10 EPS Growth (%) 28.12
PEG 0.54 DPS Growth (%) 0.00
Debt Ratio 6.20 Debt Equity Ratio 0.09
Net Gearing 32.66 Gross Gearing 41.75
Asset Equity Ratio 1.72 Cash Equity Ratio 15.61
Quick Ratio 1.19 Current Ratio 1.85
Price To Book Value 2.30 ROCE 16.65

Solid State Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total
H2 Dividend 03 Sep 2020 23 Sep 2020 GBX 7.25 12.50
H1 Dividend 23 Jan 2020 14 Feb 2020 GBX 5.25
H2 Dividend 29 Aug 2019 19 Sep 2019 GBX 8.30 12.50
H1 Dividend 24 Jan 2019 15 Feb 2019 GBX 4.20
H2 Dividend 30 Aug 2018 20 Sep 2018 GBX 8.00 12.00
H1 Dividend 25 Jan 2018 16 Feb 2018 GBX 4.00
H2 Dividend 31 Aug 2017 22 Sep 2017 GBX 8.00 12.00
H1 Dividend 22 Dec 2016 20 Jan 2017 GBX 4.00
H2 Dividend 01 Sep 2016 23 Sep 2016 GBX 8.00 12.00
H1 Dividend 07 Jan 2016 26 Feb 2016 GBX 4.00
H2 Dividend 03 Sep 2015 29 Sep 2015 GBX 8.00 12.00

Solid State Company Financials

Assets (£m) 2020 2019 2018
Tangible Assets 2 2 2
Intangible Assets 8 9 6
Investments 1 0 0
Total Fixed Assets 12 11 8
Stocks 10 10 7
Debtors 14 13 10
Cash & Equivalents 4 4 1
Other Assets 0 0 0
Total Assets 39 38 26
Liabilities (£m) 2020 2019 2018
Creditors within 1 year 15 13 7
Creditors after 1 year 1 5 0
Other Liabilities 0 0 0
Total Liabilities 16 18 8
Net assets 23 20 18
Equity (£m) 2020 2019 2018
Called up share capital 0 0 0
Share Premium 4 4 4
Profit / Loss 4 3 2
Other Equity -0 -0 -0
Preference & Minorities 0 0 0
Total Capital Employed 23 20 18
Ratios 2020 2019 2018
Debt Ratio 6.20 20.59 2.32
Debt-to-Equity 0.09 0.28 0.05
Net Gearing 32.66 38.15 28.11
Gross Gearing 41.75 47.83 30.33
Assets / Equity 1.72 1.92 1.44
Cash / Equity 15.61 18.55 3.19
EPS 40.10 31.30 26.50
Cash Flow (£m) 2020 2019 2018
Cash from operating activities 8 5 1
Cashflow before financing 7 0 1
Increase in Cash -0 3 -0
Income (£m) 2020 2019 2018
Turnover 67 56 46
Cost of sales 47 40 34
Gross Profit 21 16 13
Operating Profit 4 3 3
Pre-Tax profit 4 3 2
Profit / Loss for the year 0 0 0

Solid State Company Background

Sector Electrical Components & Equipment
Activities Solid State plc (formerly Solid State Supplies plc) is a value added electronics group supplying industrial and military markets with ruggedised/durable components, assemblies and manufactured units for use in harsh environments. Operating through two main divisions: Manufacturing (Steatite) and Value Added Distribution (Solid State Supplies & Pacer); the Group specialises in complex engineering challenges often requiring design-in support and component sourcing for computing, power, communications, electronic and optoelectronic products. Headquartered in Redditch, Solid State employs over 200 staff across the UK with a branch office in the USA, serving niche markets in oil & gas production, transportation, medical, construction, security, military and field maintenance.
Latest Interim Date 03 Dec 2019
Latest Fiscal Year End Date 30 Jun 2020

Solid State Directors

Appointed Director Position
1996-06-26 Gary Stephen Marsh Chief Executive Officer
2016-04-18 Matthew Thomas Richards Executive Director
2010-04-01 John Lawford Macmichael Executive Director
2017-02-20 Peter Owen James Finance Director
1996-06-26 Peter Haining Non-Executive Chairman
2019-07-01 Nigel Foster Rogers Non-Executive Director

Solid State Contact Details

Company Name Solid State
Company Address 2 Ravensbank Business Park, Hedera Road, Redditch, Worcestershire B98 9EY.
Company Telephone +44 (0)1527 830 630
Company Website http://www.solidstateplc.com/

Solid State Advisors

Auditor Name haysmacintyre
Auditor Address Fairfax House, 15 Fulwood Place, London WC1V 6AY.
Auditor Website http://www.haysmacintyre.com/
Auditor Telephone +44 (0) 20 7969 5500
Registrar Name Link Asset Services
Registrar Address The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU.
Registrar Website http://www.linkassetservices.com/
Registrar Telephone 0870 162 3100
Broker Name W H Ireland Limited
Broker Address 24 Martin Lane, London EC4R 0DR.
Broker Website http://www.wh-ireland.co.uk/
Broker Telephone +44 (0)20 7220 1666
Adviser Name W H Ireland Limited
Adviser Address 24 Martin Lane, London EC4R 0DR.
Adviser Website http://www.wh-ireland.co.uk/
Adviser Telephone +44 (0)20 7220 1666
Solicitor Name Shakespeare Putsman LLP
Solicitor Address Somerset House, Temple Street, Birmingham B2 5DJ.
Solicitor Website http://www.sp-legal.co.uk/
Solicitor Telephone +44 (0)121 237 3000
Stockbroker Name n/a
Stockbroker Address n/a
Stockbroker Website n/a
Stockbroker Telephone n/a