Solid State Management
Management criteria checks 4/4
Solid State's CEO is Gary Marsh, appointed in Mar 2011, has a tenure of 14.33 years. total yearly compensation is £457.00K, comprised of 52.5% salary and 47.5% bonuses, including company stock and options. directly owns 2.34% of the company’s shares, worth £2.72M. The average tenure of the management team and the board of directors is 8.4 years and 7.2 years respectively.
Key information
Gary Marsh
Chief executive officer
UK£457.0k
Total compensation
| CEO salary percentage | 52.52% |
| CEO tenure | 14.3yrs |
| CEO ownership | 2.3% |
| Management average tenure | 8.4yrs |
| Board average tenure | 7.2yrs |
Recent management updates
Recent updates
Solid State plc (LON:SOLI) Shares Could Be 27% Above Their Intrinsic Value Estimate
Apr 23
Is Solid State (LON:SOLI) A Risky Investment?
Mar 26Solid State plc's (LON:SOLI) Shares Climb 26% But Its Business Is Yet to Catch Up
Mar 06Should You Investigate Solid State plc (LON:SOLI) At UK£1.33?
Feb 01
Future Investments In Production And US Expansion May Face Challenges From Expected Revenue Declines
Strategic investments in production and product development across key business units and acquisitions aim to boost revenue, margins, and earnings through enriched offerings.Subdued Growth No Barrier To Solid State plc (LON:SOLI) With Shares Advancing 30%
Jan 08Is There An Opportunity With Solid State plc's (LON:SOLI) 31% Undervaluation?
Jan 07Market Cool On Solid State plc's (LON:SOLI) Earnings Pushing Shares 46% Lower
Nov 16Solid State (LON:SOLI) Is Increasing Its Dividend To £0.145
Aug 09The Strong Earnings Posted By Solid State (LON:SOLI) Are A Good Indication Of The Strength Of The Business
Jul 15Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's
Jul 11Solid State's (LON:SOLI) Dividend Will Be £0.07
Dec 11Here's Why We Think Solid State (LON:SOLI) Might Deserve Your Attention Today
Oct 12We Think Solid State (LON:SOLI) Can Manage Its Debt With Ease
Sep 23Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's
Aug 30Solid State's (LON:SOLI) Dividend Will Be Increased To £0.135
Aug 16Solid State (LON:SOLI) Is Increasing Its Dividend To £0.135
Jul 07Solid State's (LON:SOLI) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 09Solid State (LON:SOLI) Is Increasing Its Dividend To £0.065
Dec 23Solid State (LON:SOLI) Is Paying Out A Larger Dividend Than Last Year
Dec 09Calculating The Intrinsic Value Of Solid State plc (LON:SOLI)
Oct 27Solid State (LON:SOLI) Has Announced That It Will Be Increasing Its Dividend To £0.1325
Aug 13Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's
Jul 30Estimating The Intrinsic Value Of Solid State plc (LON:SOLI)
Jul 20Is Now The Time To Look At Buying Solid State plc (LON:SOLI)?
Apr 28Solid State (LON:SOLI) Might Be Having Difficulty Using Its Capital Effectively
Mar 23Is Now The Time To Put Solid State (LON:SOLI) On Your Watchlist?
Jan 11Solid State (LON:SOLI) Is Paying Out A Larger Dividend Than Last Year
Dec 23Here's Why Solid State (LON:SOLI) Can Manage Its Debt Responsibly
Dec 23Solid State (LON:SOLI) Is Increasing Its Dividend To UK£0.063
Dec 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | UK£5m |
| Jun 30 2024 | n/a | n/a | UK£7m |
| Mar 31 2024 | UK£457k | UK£240k | UK£9m |
| Dec 31 2023 | n/a | n/a | UK£8m |
| Sep 30 2023 | n/a | n/a | UK£8m |
| Jun 30 2023 | n/a | n/a | UK£7m |
| Mar 31 2023 | UK£511k | UK£218k | UK£7m |
| Dec 31 2022 | n/a | n/a | UK£5m |
| Sep 30 2022 | n/a | n/a | UK£4m |
| Jun 30 2022 | n/a | n/a | UK£3m |
| Mar 31 2022 | UK£315k | UK£200k | UK£3m |
| Dec 31 2021 | n/a | n/a | UK£3m |
| Sep 30 2021 | n/a | n/a | UK£4m |
| Jun 30 2021 | n/a | n/a | UK£4m |
| Mar 31 2021 | UK£330k | UK£185k | UK£4m |
| Dec 31 2020 | n/a | n/a | UK£4m |
| Sep 30 2020 | n/a | n/a | UK£3m |
| Jun 30 2020 | n/a | n/a | UK£3m |
| Mar 31 2020 | UK£427k | UK£175k | UK£3m |
| Dec 31 2019 | n/a | n/a | UK£4m |
| Sep 30 2019 | n/a | n/a | UK£4m |
| Jun 30 2019 | n/a | n/a | UK£3m |
| Mar 31 2019 | UK£267k | UK£163k | UK£3m |
Compensation vs Market: Gary's total compensation ($USD623.82K) is about average for companies of similar size in the UK market ($USD734.00K).
Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.
CEO
Gary Marsh (59 yo)
Mr. Gary Stephen Marsh has been the Chief Executive Officer of Solid State plc since March 2011 and also serves as its Executive Director. Mr. Marsh served as Managing Director at Solid State plc. Mr. Mars...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 14.3yrs | UK£457.00k | 2.34% £ 2.7m | |
| CFO, Group Finance Director & Executive Director | 8.4yrs | UK£429.00k | 0.19% £ 217.8k | |
| Executive Director | no data | UK£376.00k | 0.96% £ 1.1m | |
| Executive Director | no data | UK£376.00k | 0.17% £ 196.2k | |
| Group HR Director | no data | no data | no data | |
| Managing Director of Steatite Systems | no data | no data | no data | |
| Group Financial Controller & Company Secretary | 1.3yrs | no data | no data |
Experienced Management: SOLI's management team is seasoned and experienced (8.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | no data | UK£457.00k | 2.34% £ 2.7m | |
| CFO, Group Finance Director & Executive Director | 8.4yrs | UK£429.00k | 0.19% £ 217.8k | |
| Executive Director | 15.3yrs | UK£376.00k | 0.96% £ 1.1m | |
| Executive Director | 9.3yrs | UK£376.00k | 0.17% £ 196.2k | |
| Senior Independent Non-Executive Director | 4.5yrs | UK£40.00k | 0.074% £ 86.5k | |
| Independent Non-Executive Chairman | 6yrs | UK£66.00k | 0.070% £ 81.3k | |
| Independent Non-Executive Director | 1.9yrs | UK£27.00k | 0.030% £ 35.3k |
Experienced Board: SOLI's board of directors are considered experienced (7.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/06 01:12 |
| End of Day Share Price | 2025/07/04 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Solid State plc is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Buxton | Cavendish |
| Natalya Davies | Edison Investment Research |
| John Stephen Cummins | Zeus Capital Limited |