lightsource renewable services limited
lightsource renewable services limited Company Information
Company Number
08275681
Next Accounts
Sep 2025
Shareholders
lightsource renewable energy holdings limited
Group Structure
View All
Industry
Repair of electrical equipment
Registered Address
7th floor 33 holborn, london, EC1N 2HU
Website
www.lightsourcebp.comlightsource renewable services limited Estimated Valuation
Pomanda estimates the enterprise value of LIGHTSOURCE RENEWABLE SERVICES LIMITED at £15.6m based on a Turnover of £16.4m and 0.95x industry multiple (adjusted for size and gross margin).
lightsource renewable services limited Estimated Valuation
Pomanda estimates the enterprise value of LIGHTSOURCE RENEWABLE SERVICES LIMITED at £25.9m based on an EBITDA of £4m and a 6.48x industry multiple (adjusted for size and gross margin).
lightsource renewable services limited Estimated Valuation
Pomanda estimates the enterprise value of LIGHTSOURCE RENEWABLE SERVICES LIMITED at £18.8m based on Net Assets of £6.7m and 2.81x industry multiple (adjusted for liquidity).
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Lightsource Renewable Services Limited Overview
Lightsource Renewable Services Limited is a live company located in london, EC1N 2HU with a Companies House number of 08275681. It operates in the repair of electrical equipment sector, SIC Code 33140. Founded in October 2012, it's largest shareholder is lightsource renewable energy holdings limited with a 100% stake. Lightsource Renewable Services Limited is a established, mid sized company, Pomanda has estimated its turnover at £16.4m with healthy growth in recent years.
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Lightsource Renewable Services Limited Health Check
Pomanda's financial health check has awarded Lightsource Renewable Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £16.4m, make it larger than the average company (£2.8m)
£16.4m - Lightsource Renewable Services Limited
£2.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7.6%)
10% - Lightsource Renewable Services Limited
7.6% - Industry AVG
Production
with a gross margin of 25.9%, this company has a higher cost of product (42%)
25.9% - Lightsource Renewable Services Limited
42% - Industry AVG
Profitability
an operating margin of 20.8% make it more profitable than the average company (11.6%)
20.8% - Lightsource Renewable Services Limited
11.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (11)
3 - Lightsource Renewable Services Limited
11 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Lightsource Renewable Services Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £5.5m, this is more efficient (£152.6k)
£5.5m - Lightsource Renewable Services Limited
£152.6k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (53 days)
107 days - Lightsource Renewable Services Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (32 days)
5 days - Lightsource Renewable Services Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (32 days)
1 days - Lightsource Renewable Services Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (25 weeks)
14 weeks - Lightsource Renewable Services Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.9%, this is a lower level of debt than the average (55.7%)
32.9% - Lightsource Renewable Services Limited
55.7% - Industry AVG
LIGHTSOURCE RENEWABLE SERVICES LIMITED financials
Lightsource Renewable Services Limited's latest turnover from December 2023 is £16.4 million and the company has net assets of £6.7 million. According to their latest financial statements, Lightsource Renewable Services Limited has 3 employees and maintains cash reserves of £844.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,404,524 | 13,352,503 | 10,855,488 | 12,367,547 | 14,524,373 | 9,764,862 | 15,512,241 | 10,168,280 | 5,282,693 | 2,459,589 | 412,934 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 12,149,264 | 11,607,840 | 8,266,277 | 9,929,890 | 10,344,703 | 5,396,811 | 5,699,986 | 2,374,426 | 1,182,420 | 394,907 | 134,512 | |
| Gross Profit | 4,255,260 | 1,744,663 | 2,589,211 | 2,437,657 | 4,179,670 | 4,368,051 | 9,812,255 | 7,793,854 | 4,100,273 | 2,064,682 | 278,422 | |
| Admin Expenses | 849,514 | -171,226 | 36,903 | -28,086,154 | 238,345 | 4,119,798 | 9,873,180 | 9,591,131 | 3,556,002 | 1,794,127 | 256,535 | |
| Operating Profit | 3,405,746 | 1,915,889 | 2,552,308 | 30,523,811 | 3,941,325 | 248,253 | -60,925 | -1,797,277 | 544,271 | 270,555 | 21,887 | |
| Interest Payable | 7,173 | 10,073 | 10,070 | 12,983 | 16,487 | 15,303 | 8,449 | 1,535 | 681 | 0 | 0 | |
| Interest Receivable | 8,212 | 0 | 0 | 558,623 | 467,535 | 37,324 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 3,406,785 | 1,905,816 | 2,542,238 | 31,069,451 | 4,392,373 | 270,274 | -69,374 | -1,798,812 | 543,590 | 270,555 | 21,887 | |
| Tax | -129,678 | -156,409 | 87,691 | 63,003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | 3,277,107 | 1,749,407 | 2,629,929 | 31,132,454 | 4,392,373 | 270,274 | -69,374 | -1,798,812 | 543,590 | 270,555 | 21,887 | |
| Dividends Paid | 3,479,743 | 0 | 2,325,376 | 29,926,281 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -202,636 | 1,749,407 | 304,553 | 1,206,173 | 4,392,373 | 270,274 | -69,374 | -1,798,812 | 543,590 | 270,555 | 21,887 | |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Number Of Employees | 3 | 3 | 3 | |||||||||
| EBITDA* | 4,004,193 | 2,167,410 | 2,868,546 | 30,966,904 | 4,397,229 | 622,768 | 374,197 | -1,549,167 | 663,666 | 282,205 | 21,887 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,268,755 | 1,438,727 | 617,804 | 597,049 | 871,265 | 950,993 | 1,171,136 | 852,118 | 587,569 | 190,359 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 150,694 | 63,003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,268,755 | 1,438,727 | 768,498 | 660,052 | 871,265 | 950,993 | 1,171,136 | 852,118 | 587,569 | 190,359 | 0 | 0 |
| Stock & work in progress | 65,428 | 62,398 | 0 | 13,602 | 39,118 | 109,719 | 197,382 | 98,212 | 37,137 | 27,384 | 0 | 0 |
| Trade Debtors | 4,826,392 | 2,346,240 | 1,969,766 | 2,141,282 | 5,248,865 | 4,052,642 | 3,628,411 | 2,230,786 | 1,311,400 | 1,125,577 | 563,288 | 0 |
| Group Debtors | 68,864 | 2,815,195 | 804,747 | 914,031 | 3,709,773 | 6,172,533 | 1,737,317 | 833,146 | 2,082,884 | 0 | 0 | 0 |
| Misc Debtors | 1,898,658 | 3,697,111 | 2,101,719 | 1,625,202 | 935,306 | 1,427,447 | 3,666,807 | 2,138,633 | 758,494 | 302,695 | 0 | 0 |
| Cash | 844,396 | 722,841 | 5,454,035 | 3,585,958 | 2,310,716 | 903,619 | 2,269,682 | 3,366,070 | 1,291,907 | 1,255,900 | 259,462 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,703,738 | 9,643,785 | 10,330,267 | 8,280,075 | 12,243,778 | 12,665,960 | 11,499,599 | 8,666,847 | 5,481,822 | 2,711,556 | 822,750 | 0 |
| total assets | 9,972,493 | 11,082,512 | 11,098,765 | 8,940,127 | 13,115,043 | 13,616,953 | 12,670,735 | 9,518,965 | 6,069,391 | 2,901,915 | 822,750 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 170,071 | 200,584 | 32,702 | 168,706 | 83,472 | 322,255 | 375,745 | 369,559 | 285,089 | 188,105 | 0 | 0 |
| Group/Directors Accounts | 461,062 | 832,828 | 853,138 | 0 | 6,308,378 | 10,283,624 | 10,999,070 | 7,800,105 | 4,423,794 | 2,088,408 | 391,047 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 18,215 | 31,051 | 63,020 | 96,023 | 91,560 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,328,164 | 1,660,176 | 5,035,491 | 3,814,754 | 2,610,413 | 3,598,734 | 2,085,522 | 2,239,497 | 493,815 | 332,960 | 409,816 | 0 |
| total current liabilities | 2,959,297 | 2,693,588 | 5,939,546 | 4,014,511 | 9,065,283 | 14,300,636 | 13,551,897 | 10,409,161 | 5,202,698 | 2,609,473 | 800,863 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 18,215 | 49,267 | 78,197 | 150,992 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72,584 | 30,661 | 0 | 0 | 0 |
| provisions | 325,206 | 1,498,298 | 18,000 | 70,735 | 370,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 325,206 | 1,498,298 | 18,000 | 88,950 | 419,267 | 78,197 | 150,992 | 72,584 | 30,661 | 0 | 0 | 0 |
| total liabilities | 3,284,503 | 4,191,886 | 5,957,546 | 4,103,461 | 9,484,550 | 14,378,833 | 13,702,889 | 10,481,745 | 5,233,359 | 2,609,473 | 800,863 | 0 |
| net assets | 6,687,990 | 6,890,626 | 5,141,219 | 4,836,666 | 3,630,493 | -761,880 | -1,032,154 | -962,780 | 836,032 | 292,442 | 21,887 | 0 |
| total shareholders funds | 6,687,990 | 6,890,626 | 5,141,219 | 4,836,666 | 3,630,493 | -761,880 | -1,032,154 | -962,780 | 836,032 | 292,442 | 21,887 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 3,405,746 | 1,915,889 | 2,552,308 | 30,523,811 | 3,941,325 | 248,253 | -60,925 | -1,797,277 | 544,271 | 270,555 | 21,887 | |
| Depreciation | 598,447 | 251,521 | 316,238 | 443,093 | 455,904 | 374,515 | 435,122 | 248,110 | 119,395 | 11,650 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -129,678 | -156,409 | 87,691 | 63,003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stock | 3,030 | 62,398 | -13,602 | -25,516 | -70,601 | 11,507 | 99,170 | 61,075 | 9,753 | 27,384 | 0 | 0 |
| Debtors | -2,064,632 | 3,831,620 | 283,408 | -5,150,426 | -1,758,678 | 6,450,057 | 3,829,970 | 1,049,787 | 2,724,506 | 864,984 | 563,288 | 0 |
| Creditors | -30,513 | 167,882 | -136,004 | 85,234 | -238,783 | -47,304 | 6,186 | 84,470 | 96,984 | 188,105 | 0 | 0 |
| Accruals and Deferred Income | 667,988 | -3,375,315 | 1,220,737 | 1,204,341 | -988,321 | 1,359,237 | -153,975 | 1,745,682 | 160,855 | -76,856 | 409,816 | 0 |
| Deferred Taxes & Provisions | -1,173,092 | 1,480,298 | -52,735 | -299,265 | 370,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 5,400,500 | -3,610,152 | 3,718,429 | 37,196,159 | 5,369,404 | -4,526,863 | -3,702,732 | -829,877 | -1,812,754 | -498,914 | -131,585 | |
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -371,766 | -20,310 | 853,138 | -6,308,378 | -3,975,246 | 2,483,519 | 3,198,965 | 3,376,311 | 2,335,386 | 1,697,361 | 391,047 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -18,215 | -31,051 | -63,021 | -61,933 | 174,220 | 242,552 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -72,584 | -72,584 | 41,923 | 30,661 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 1,039 | -10,073 | -10,070 | 545,640 | 451,048 | 22,021 | -8,449 | -1,535 | -681 | 0 | 0 | |
| cash flow from financing | -370,727 | -48,598 | 812,017 | -5,825,759 | -3,586,131 | 2,537,802 | 3,360,484 | 3,416,699 | 2,365,366 | 1,697,361 | 391,047 | |
| cash and cash equivalents | ||||||||||||
| cash | 121,555 | -4,731,194 | 1,868,077 | 1,275,242 | 1,407,097 | -2,462,451 | -1,096,388 | 2,074,163 | 36,007 | 996,438 | 259,462 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 121,555 | -4,731,194 | 1,868,077 | 1,275,242 | 1,407,097 | -2,462,451 | -1,096,388 | 2,074,163 | 36,007 | 996,438 | 259,462 | 0 |
lightsource renewable services limited Credit Report and Business Information
Lightsource Renewable Services Limited Competitor Analysis
Perform a competitor analysis for lightsource renewable services limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in EC1N area or any other competitors across 12 key performance metrics.
lightsource renewable services limited Ownership
LIGHTSOURCE RENEWABLE SERVICES LIMITED group structure
Lightsource Renewable Services Limited has no subsidiary companies.
Ultimate parent company
2 parents
LIGHTSOURCE RENEWABLE SERVICES LIMITED
08275681
lightsource renewable services limited directors
Lightsource Renewable Services Limited currently has 3 directors. The longest serving directors include Mr Neil Barber (Dec 2017) and Mr Jason Lingard (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Barber | England | 52 years | Dec 2017 | - | Director |
| Mr Jason Lingard | 54 years | Mar 2019 | - | Director | |
| Ms Alexandra Desouza | England | 46 years | May 2022 | - | Director |
P&L
December 2023turnover
16.4m
+23%
operating profit
3.4m
+78%
gross margin
26%
+98.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6.7m
-0.03%
total assets
10m
-0.1%
cash
844.4k
+0.17%
net assets
Total assets minus all liabilities
lightsource renewable services limited company details
company number
08275681
Type
Private limited with Share Capital
industry
33140 - Repair of electrical equipment
incorporation date
October 2012
age
13
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
7th floor 33 holborn, london, EC1N 2HU
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
lightsource renewable services 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 3 charges/mortgages relating to lightsource renewable services limited. Currently there are 0 open charges and 3 have been satisfied in the past.
lightsource renewable services 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.
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lightsource renewable services limited Companies House Filings - See Documents
| date | description | view/download |
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