lumen technologies uk limited

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lumen technologies uk limited Company Information

Share LUMEN TECHNOLOGIES UK LIMITED

Company Number

02495998

Shareholders

lumen technologies emea holdings limited

Group Structure

View All

Industry

Other telecommunications activities

 

Registered Address

260-266 goswell road, london, EC1V 7EB

lumen technologies uk limited Estimated Valuation

£622.9m

Pomanda estimates the enterprise value of LUMEN TECHNOLOGIES UK LIMITED at £622.9m based on a Turnover of £327.5m and 1.9x industry multiple (adjusted for size and gross margin).

lumen technologies uk limited Estimated Valuation

£501.7m

Pomanda estimates the enterprise value of LUMEN TECHNOLOGIES UK LIMITED at £501.7m based on an EBITDA of £62.6m and a 8.02x industry multiple (adjusted for size and gross margin).

lumen technologies uk limited Estimated Valuation

£407.3m

Pomanda estimates the enterprise value of LUMEN TECHNOLOGIES UK LIMITED at £407.3m based on Net Assets of £168.9m and 2.41x industry multiple (adjusted for liquidity).

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Lumen Technologies Uk Limited Overview

Lumen Technologies Uk Limited is a live company located in london, EC1V 7EB with a Companies House number of 02495998. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in April 1990, it's largest shareholder is lumen technologies emea holdings limited with a 100% stake. Lumen Technologies Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £327.5m with declining growth in recent years.

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Lumen Technologies Uk Limited Health Check

Pomanda's financial health check has awarded Lumen Technologies Uk Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £327.5m, make it larger than the average company (£14.1m)

£327.5m - Lumen Technologies Uk Limited

£14.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.5%)

-1% - Lumen Technologies Uk Limited

4.5% - Industry AVG

production

Production

with a gross margin of 45.4%, this company has a comparable cost of product (39.1%)

45.4% - Lumen Technologies Uk Limited

39.1% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (4.3%)

0% - Lumen Technologies Uk Limited

4.3% - Industry AVG

employees

Employees

with 903 employees, this is above the industry average (54)

903 - Lumen Technologies Uk Limited

54 - Industry AVG

paystructure

Pay Structure

on an average salary of £93.4k, the company has a higher pay structure (£66.3k)

£93.4k - Lumen Technologies Uk Limited

£66.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £362.7k, this is more efficient (£238k)

£362.7k - Lumen Technologies Uk Limited

£238k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 61 days, this is later than average (40 days)

61 days - Lumen Technologies Uk Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 33 days, this is quicker than average (43 days)

33 days - Lumen Technologies Uk Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Lumen Technologies Uk Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Lumen Technologies Uk Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.9%, this is a lower level of debt than the average (65.7%)

56.9% - Lumen Technologies Uk Limited

65.7% - Industry AVG

LUMEN TECHNOLOGIES UK LIMITED financials

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Lumen Technologies Uk Limited's latest turnover from December 2023 is £327.5 million and the company has net assets of £168.9 million. According to their latest financial statements, Lumen Technologies Uk Limited has 903 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover327,510,000316,149,000317,852,000340,888,000282,626,000272,305,000290,249,000296,872,000316,654,000202,497,000220,085,000249,789,000285,221,000314,009,000308,864,000
Other Income Or Grants
Cost Of Sales178,877,000192,883,000179,973,000193,853,000150,268,000147,049,000158,608,000167,186,000187,451,000135,418,000134,852,000160,863,000184,654,000197,063,000197,160,000
Gross Profit148,633,000123,266,000137,879,000147,035,000132,358,000125,256,000131,641,000129,686,000129,203,00067,079,00085,233,00088,926,000100,567,000116,946,000111,704,000
Admin Expenses148,488,000115,202,000127,946,000140,020,000127,677,000119,514,000112,184,000122,269,000122,894,00080,910,00078,947,000103,883,000134,829,00087,646,00088,060,000
Operating Profit145,0008,064,0009,933,0007,015,0004,681,0005,742,00019,457,0007,417,0006,309,000-13,831,0006,286,000-14,957,000-34,262,00029,300,00023,644,000
Interest Payable8,333,00027,033,00010,144,00010,729,0004,621,0001,137,0001,211,0001,373,0001,232,00036,640,00037,222,00034,136,00049,045,00036,647,00034,311,000
Interest Receivable2,156,000180,00010,879,0002,688,0004,111,0005,506,0004,093,0006,041,0007,955,0004,408,0004,301,0004,312,0004,661,0004,924,000
Pre-Tax Profit-6,032,000-18,789,000-211,0007,165,0002,748,0008,823,00021,924,00016,973,0008,951,000-10,379,000-27,109,000-44,064,000-80,312,000-6,708,0005,266,000
Tax-73,978,00010,681,0002,272,0004,019,000-1,235,000-4,460,000-6,348,000-57,094,000123,209,00060,000-243,000-598,000
Profit After Tax-80,010,000-18,789,00010,470,0009,437,0006,767,0007,588,00017,464,00010,625,000-48,143,000112,830,000-27,109,000-44,064,000-80,252,000-6,951,0004,668,000
Dividends Paid
Retained Profit-80,010,000-18,789,00010,470,0009,437,0006,767,0007,588,00017,464,00010,625,000-48,143,000112,830,000-27,109,000-44,064,000-80,252,000-6,951,0004,668,000
Employee Costs84,349,00088,748,00091,775,000101,640,00074,069,00076,384,00073,595,00079,430,00076,948,00046,337,00051,871,00055,097,00058,505,00053,396,00050,857,000
Number Of Employees9039761,0561,176901916858903887619627786786780764
EBITDA*62,559,00076,495,00071,747,00073,155,00050,474,00049,457,00062,995,00050,550,00049,323,00014,256,00036,259,00019,231,000-1,455,00065,599,00060,703,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets273,950,000412,116,000497,791,000474,189,000378,630,000262,132,000281,019,000286,428,000288,456,000343,827,000134,124,000152,972,000172,211,000178,554,000191,434,000
Intangible Assets9,523,00010,154,0009,865,0009,830,0009,911,00010,090,00010,593,00012,235,00014,940,00013,142,0005,520,0008,334,00010,180,00010,524,00011,417,000
Investments & Other6,276,000952,000952,0006,875,00010,000309,000218,000210,000
Debtors (Due After 1 year)5,354,00096,669,00087,368,00077,081,00060,311,0001,362,0001,287,00061,807,00066,861,000133,018,00039,209,00040,836,00040,266,00038,768,00033,230,000
Total Fixed Assets283,473,000422,270,000421,727,000409,540,000329,502,000272,222,000291,612,000298,663,000303,396,000356,969,000139,644,000161,306,000182,391,000189,078,000202,851,000
Stock & work in progress
Trade Debtors55,248,000120,855,00036,595,00038,841,00023,002,00029,694,00024,204,00031,022,00030,511,00048,820,00041,721,00052,899,00049,187,00034,037,00035,448,000
Group Debtors38,960,00035,029,00028,806,00036,398,00028,466,00068,365,000105,696,00065,487,00084,913,00042,901,00015,550,0009,569,0002,984,0008,996,000
Misc Debtors13,905,00026,298,00030,846,00021,563,00011,628,0005,366,0006,221,00010,175,00016,164,00014,490,00010,862,0007,949,00012,697,00013,681,000
Cash153,00019,064,00020,236,00015,305,00012,096,00049,224,00037,331,000
misc current assets
total current assets108,113,000120,855,00097,922,00098,493,00080,963,00069,788,00097,935,000142,939,000106,326,000168,961,000119,348,00094,616,00078,801,00098,942,00095,456,000
total assets391,586,000543,125,000519,649,000508,033,000410,465,000342,010,000389,547,000441,602,000409,722,000525,930,000258,992,000255,922,000261,192,000288,020,000298,307,000
Bank overdraft
Bank loan
Trade Creditors 16,274,000162,061,00023,370,00022,511,00021,422,00015,930,00015,420,00027,820,00025,112,00027,081,00012,829,00014,737,00029,025,00032,362,00035,407,000
Group/Directors Accounts
other short term finances19,350,000
hp & lease commitments5,987,00012,670,00012,834,00014,641,00011,305,000886,000978,0001,033,0005,532,0004,808,0003,046,0002,398,0005,669,0007,111,0007,310,000
other current liabilities134,418,00024,716,000125,672,000127,397,00099,646,00090,018,000141,081,000190,293,000155,894,000215,040,000163,802,000155,703,000127,356,00092,812,00096,376,000
total current liabilities176,029,000199,447,000161,876,000164,549,000132,373,000106,834,000157,479,000219,146,000186,538,000246,929,000179,677,000172,838,000162,050,000132,285,000139,093,000
loans51,882,000161,835,000170,355,000181,386,00074,632,000736,0001,906,000389,409,000356,584,000324,245,00038,916,00033,859,000
hp & lease commitments25,941,00030,065,00037,133,00042,048,00037,316,000368,000953,0002,171,0003,635,0006,082,0008,109,00012,262,000
Accruals and Deferred Income6,316,00012,087,0009,796,0005,525,0009,085,00014,901,00021,633,00028,994,00037,161,00047,645,00052,439,00060,743,00070,644,00079,099,00090,326,000
other liabilities3,550,0007,596,0007,675,0007,377,0006,917,0001,764,000304,000348,0005,378,000575,000397,000714,000837,000262,714,000257,000,000
provisions21,738,00020,742,00044,560,00057,620,00034,794,00034,444,00039,772,00045,076,00026,712,00037,450,00038,374,00043,030,00023,502,0006,956,0009,524,000
total long term liabilities46,676,000161,824,000172,973,000181,050,00070,715,00033,887,00041,823,00051,880,00056,263,00067,898,000459,261,000435,921,000401,395,000376,098,000373,685,000
total liabilities222,705,000361,271,000334,849,000345,599,000203,088,000140,721,000199,302,000271,026,000242,801,000314,827,000638,938,000608,759,000563,445,000508,383,000512,778,000
net assets168,881,000181,854,000184,800,000162,434,000207,377,000201,289,000190,245,000170,576,000166,921,000211,103,000-379,946,000-352,837,000-302,253,000-220,363,000-214,471,000
total shareholders funds168,881,000181,854,000184,800,000162,434,000207,377,000201,289,000190,245,000170,576,000166,921,000211,103,000-379,946,000-352,837,000-302,253,000-220,363,000-214,471,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit145,0008,064,0009,933,0007,015,0004,681,0005,742,00019,457,0007,417,0006,309,000-13,831,0006,286,000-14,957,000-34,262,00029,300,00023,644,000
Depreciation61,018,00067,030,00060,483,00063,075,00044,562,00041,808,00041,911,00040,814,00039,555,00024,625,00025,709,00029,783,00030,707,00034,199,00035,256,000
Amortisation1,396,0001,401,0001,331,0003,065,0001,231,0001,907,0001,627,0002,319,0003,459,0003,462,0004,264,0004,405,0002,100,0002,100,0001,803,000
Tax-73,978,00010,681,0002,272,0004,019,000-1,235,000-4,460,000-6,348,000-57,094,000123,209,00060,000-243,000-598,000
Stock
Debtors-104,057,00032,234,0009,716,00034,300,00070,124,000-28,072,000-105,524,00031,712,000-109,881,000144,594,00018,174,00013,176,00018,485,000-2,869,00091,355,000
Creditors-145,787,000138,691,000859,0001,089,0005,492,000510,000-12,400,0002,708,000-1,969,00014,252,000-1,908,000-14,288,000-3,337,000-3,045,00035,407,000
Accruals and Deferred Income103,931,000-98,665,0002,546,00024,191,0003,812,000-57,795,000-56,573,00026,232,000-69,630,00046,444,000-205,00018,446,00026,089,000-14,791,000186,702,000
Deferred Taxes & Provisions996,000-23,818,000-13,060,00022,826,000350,000-5,328,000-5,304,00018,364,000-10,738,000-924,000-4,656,00019,528,00016,546,000-2,568,0009,524,000
Cash flow from operations51,778,00060,469,00063,057,00089,233,000-5,977,00013,681,00089,782,00059,794,00019,773,00052,643,00011,316,00029,741,00019,418,00047,821,000200,383,000
Investing Activities
capital expenditure76,383,00016,955,000-85,451,000-161,618,000-162,112,000-24,325,000-36,487,000-38,400,00010,559,000-245,412,000-8,311,000-13,103,000-26,120,000-22,526,000-239,910,000
Change in Investments5,324,000952,000-6,875,0006,875,000-10,00010,000-309,00091,0008,000210,000
cash flow from investments71,059,00016,955,000-86,403,000-154,743,000-168,987,000-24,315,000-36,497,000-38,400,00010,559,000-245,412,000-8,311,000-12,794,000-26,211,000-22,534,000-240,120,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans 19,350,000
Long term loans-109,953,000-8,520,000-11,031,000106,754,00074,632,000-736,000-1,170,000-387,503,00032,825,00032,339,000285,329,0005,057,00033,859,000
Hire Purchase and Lease Commitments-10,807,000-7,232,000-6,722,0008,068,00047,735,000-92,000-55,000-4,867,000139,000544,000-816,000-5,718,000-3,469,000-4,352,00019,572,000
other long term liabilities-4,046,000-79,000298,000460,0005,153,0001,460,000-44,000-5,030,0004,803,000178,000-317,000-123,000-261,877,0005,714,000257,000,000
share issue67,037,00015,843,00011,896,000-54,380,000-679,0003,456,0002,205,000-6,970,0003,961,000478,219,000-6,520,000-1,638,0001,059,000-219,139,000
interest-6,177,000-26,853,000-10,144,000150,000-1,933,0002,974,0004,295,0002,720,0004,809,000-28,685,000-32,814,000-29,835,000-44,733,000-31,986,000-29,387,000
cash flow from financing-44,596,000-26,841,000-15,703,00061,052,000124,908,0007,798,0006,401,000-14,883,00012,542,00062,753,000-1,122,000-9,857,000-26,388,000-24,508,00061,905,000
cash and cash equivalents
cash-153,000-18,911,000-1,172,0004,931,0003,209,000-37,128,00011,893,00037,331,000
overdraft
change in cash-153,000-18,911,000-1,172,0004,931,0003,209,000-37,128,00011,893,00037,331,000

lumen technologies uk limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Lumen Technologies Uk Limited Competitor Analysis

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Perform a competitor analysis for lumen technologies uk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mega companies, companies in EC1V area or any other competitors across 12 key performance metrics.

lumen technologies uk limited Ownership

LUMEN TECHNOLOGIES UK LIMITED group structure

Lumen Technologies Uk Limited has 2 subsidiary companies.

Ultimate parent company

SHM LIGHTNING INVESTORS LLC

#0093624

2 parents

LUMEN TECHNOLOGIES UK LIMITED

02495998

2 subsidiaries

LUMEN TECHNOLOGIES UK LIMITED Shareholders

lumen technologies emea holdings limited 100%

lumen technologies uk limited directors

Lumen Technologies Uk Limited currently has 5 directors. The longest serving directors include Mr Dougald Robinson (Nov 2010) and Mr Thomas Jennings (Mar 2019).

officercountryagestartendrole
Mr Dougald RobinsonEngland69 years Nov 2010- Director
Mr Thomas JenningsEngland52 years Mar 2019- Director
Ms Annette MurphyEngland51 years Jun 2021- Director
Mr Charles Foster-KempEngland52 years Nov 2023- Director
Mrs Kerry OakdenEngland56 years Feb 2025- Director

P&L

December 2023

turnover

327.5m

+4%

operating profit

145k

-98%

gross margin

45.4%

+16.4%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

168.9m

-0.07%

total assets

391.6m

-0.28%

cash

0

0%

net assets

Total assets minus all liabilities

lumen technologies uk limited company details

company number

02495998

Type

Private limited with Share Capital

industry

61900 - Other telecommunications activities

incorporation date

April 1990

age

35

incorporated

UK

ultimate parent company

SHM LIGHTNING INVESTORS LLC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

centurylink communications uk limited (April 2021)

level 3 communications uk limited (January 2018)

See more

accountant

-

auditor

KPMG LLP

address

260-266 goswell road, london, EC1V 7EB

Bank

-

Legal Advisor

-

lumen technologies uk limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 112 charges/mortgages relating to lumen technologies uk limited. Currently there are 11 open charges and 101 have been satisfied in the past.

lumen technologies uk limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for LUMEN TECHNOLOGIES UK LIMITED. This can take several minutes, an email will notify you when this has completed.

lumen technologies uk limited Companies House Filings - See Documents

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