Solid State plc

AIM:SOLI Stock Report

Market Cap: UK£81.0m

Solid State Management

Management criteria checks 3/4

Solid State's CEO is John Macmichael, appointed in Nov 2025, has a tenure of 15.58 years. total yearly compensation is £309.00K, comprised of 63.4% salary and 36.6% bonuses, including company stock and options. directly owns 0.96% of the company’s shares, worth £777.98K. The average tenure of the management team and the board of directors is 1.6 years and 7.5 years respectively.

Key information

John Macmichael

Chief executive officer

UK£309.0k

Total compensation

CEO salary percentage63.43%
CEO tenureno data
CEO ownership1.0%
Management average tenure1.6yrs
Board average tenure7.5yrs

Recent management updates

Recent updates

Solid State's (LON:SOLI) Dividend Will Be £0.0167

Jul 11
Solid State's (LON:SOLI) Dividend Will Be £0.0167

Solid State plc (LON:SOLI) Shares Could Be 27% Above Their Intrinsic Value Estimate

Apr 23
Solid State plc (LON:SOLI) Shares Could Be 27% Above Their Intrinsic Value Estimate

Is Solid State (LON:SOLI) A Risky Investment?

Mar 26
Is Solid State (LON:SOLI) A Risky Investment?

Solid State plc's (LON:SOLI) Shares Climb 26% But Its Business Is Yet to Catch Up

Mar 06
Solid State plc's (LON:SOLI) Shares Climb 26% But Its Business Is Yet to Catch Up

Should You Investigate Solid State plc (LON:SOLI) At UK£1.33?

Feb 01
Should You Investigate Solid State plc (LON:SOLI) At UK£1.33?
User avatar

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 08
Subdued Growth No Barrier To Solid State plc (LON:SOLI) With Shares Advancing 30%

Is There An Opportunity With Solid State plc's (LON:SOLI) 31% Undervaluation?

Jan 07
Is There An Opportunity With Solid State plc's (LON:SOLI) 31% Undervaluation?

Market Cool On Solid State plc's (LON:SOLI) Earnings Pushing Shares 46% Lower

Nov 16
Market Cool On Solid State plc's (LON:SOLI) Earnings Pushing Shares 46% Lower

Solid State (LON:SOLI) Is Increasing Its Dividend To £0.145

Aug 09
Solid State (LON:SOLI) Is Increasing Its Dividend To £0.145

The Strong Earnings Posted By Solid State (LON:SOLI) Are A Good Indication Of The Strength Of The Business

Jul 15
The Strong Earnings Posted By Solid State (LON:SOLI) Are A Good Indication Of The Strength Of The Business

Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's

Jul 11
Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's

Solid State's (LON:SOLI) Dividend Will Be £0.07

Dec 11
Solid State's (LON:SOLI) Dividend Will Be £0.07

Here's Why We Think Solid State (LON:SOLI) Might Deserve Your Attention Today

Oct 12
Here's Why We Think Solid State (LON:SOLI) Might Deserve Your Attention Today

We Think Solid State (LON:SOLI) Can Manage Its Debt With Ease

Sep 23
We Think Solid State (LON:SOLI) Can Manage Its Debt With Ease

Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's

Aug 30
Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's

Solid State's (LON:SOLI) Dividend Will Be Increased To £0.135

Aug 16
Solid State's (LON:SOLI) Dividend Will Be Increased To £0.135

Solid State (LON:SOLI) Is Increasing Its Dividend To £0.135

Jul 07
Solid State (LON:SOLI) Is Increasing Its Dividend To £0.135

Solid State's (LON:SOLI) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 09
Solid State's (LON:SOLI) Shareholders Will Receive A Bigger Dividend Than Last Year

Solid State (LON:SOLI) Is Increasing Its Dividend To £0.065

Dec 23
Solid State (LON:SOLI) Is Increasing Its Dividend To £0.065

Solid State (LON:SOLI) Is Paying Out A Larger Dividend Than Last Year

Dec 09
Solid State (LON:SOLI) Is Paying Out A Larger Dividend Than Last Year

Calculating The Intrinsic Value Of Solid State plc (LON:SOLI)

Oct 27
Calculating The Intrinsic Value Of Solid State plc (LON:SOLI)

Solid State (LON:SOLI) Has Announced That It Will Be Increasing Its Dividend To £0.1325

Aug 13
Solid State (LON:SOLI) Has Announced That It Will Be Increasing Its Dividend To £0.1325

Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's

Jul 30
Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's

Estimating The Intrinsic Value Of Solid State plc (LON:SOLI)

Jul 20
Estimating The Intrinsic Value Of Solid State plc (LON:SOLI)

Is Now The Time To Look At Buying Solid State plc (LON:SOLI)?

Apr 28
Is Now The Time To Look At Buying Solid State plc (LON:SOLI)?

CEO Compensation Analysis

How has John Macmichael's remuneration changed compared to Solid State's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025UK£309kUK£196k

UK£512k

Dec 31 2024n/an/a

UK£3m

Sep 30 2024n/an/a

UK£5m

Jun 30 2024n/an/a

UK£7m

Mar 31 2024UK£376kUK£190k

UK£9m

Dec 31 2023n/an/a

UK£8m

Sep 30 2023n/an/a

UK£8m

Jun 30 2023n/an/a

UK£7m

Mar 31 2023UK£474kUK£175k

UK£7m

Dec 31 2022n/an/a

UK£5m

Sep 30 2022n/an/a

UK£4m

Jun 30 2022n/an/a

UK£3m

Mar 31 2022UK£296kUK£165k

UK£3m

Dec 31 2021n/an/a

UK£3m

Sep 30 2021n/an/a

UK£4m

Jun 30 2021n/an/a

UK£4m

Mar 31 2021UK£293kUK£160k

UK£4m

Dec 31 2020n/an/a

UK£4m

Sep 30 2020n/an/a

UK£3m

Jun 30 2020n/an/a

UK£3m

Mar 31 2020UK£376kUK£150k

UK£3m

Dec 31 2019n/an/a

UK£4m

Sep 30 2019n/an/a

UK£4m

Jun 30 2019n/an/a

UK£3m

Mar 31 2019UK£254kUK£140k

UK£3m

Compensation vs Market: John's total compensation ($USD404.07K) is about average for companies of similar size in the UK market ($USD393.56K).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

CEO

John Macmichael (64 yo)

no data
Tenure
UK£309,000
Compensation

Mr. John Lawford Macmichael has been the Managing Director of Solid State Supplies Limited, a subsidiary of Solid State plc since April 1, 2010. Mr. Macmichael served as Commercial Director of Solid State...

Leadership Team

NamePositionTenureCompensationOwnership
John Macmichael
Interim CEO & Executive Directorno dataUK£309.00k0.96%
£ 778.0k
Peter James
CFO, Group Finance Director & Executive Director8.8yrsUK£346.00k0.27%
£ 221.1k
Matthew Richards
Executive Directorno dataUK£271.00k0.26%
£ 211.3k
Jon Baxter
Executive Director of Sales & Operations EMEAno datano data0.012%
£ 9.5k
Lyenka Haffner
Group HR Directorno datano datano data
Alastair Wallace
Managing Director of Steatite Systemsno datano datano data
Lyn Davidson
Group Financial Controller & Company Secretary1.6yrsno datano data
1.6yrs
Average Tenure
62yo
Average Age

Experienced Management: SOLI's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
John Macmichael
Interim CEO & Executive Director15.6yrsUK£309.00k0.96%
£ 778.0k
Peter James
CFO, Group Finance Director & Executive Director8.8yrsUK£346.00k0.27%
£ 221.1k
Matthew Richards
Executive Director9.6yrsUK£271.00k0.26%
£ 211.3k
Peter Magowan
Senior Independent Non-Executive Director4.8yrsUK£41.00k0.074%
£ 60.2k
Nigel Rogers
Independent Non-Executive Chairman6.3yrsUK£73.00k0.070%
£ 56.5k
Samantha Smith
Independent Non-Executive Director2.3yrsUK£41.00k0.030%
£ 24.5k
7.5yrs
Average Tenure
60yo
Average Age

Experienced Board: SOLI's board of directors are considered experienced (7.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/20 03:38
End of Day Share Price 2025/11/20 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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.

AnalystInstitution
David BuxtonCavendish
Natalya DaviesEdison Investment Research
John Stephen CumminsZeus Capital Limited