lyceum radiate 2 limited
lyceum radiate 2 limited Company Information
Company Number
09122666
Next Accounts
Sep 2025
Industry
Production of electricity
Shareholders
lyceum radiate 1 limited
Group Structure
View All
Contact
Registered Address
first floor 1 finsbury avenue, london, EC2M 2PF
Website
bp.comlyceum radiate 2 limited Estimated Valuation
Pomanda estimates the enterprise value of LYCEUM RADIATE 2 LIMITED at £75.1m based on a Turnover of £31.2m and 2.41x industry multiple (adjusted for size and gross margin).
lyceum radiate 2 limited Estimated Valuation
Pomanda estimates the enterprise value of LYCEUM RADIATE 2 LIMITED at £143.4m based on an EBITDA of £19.3m and a 7.41x industry multiple (adjusted for size and gross margin).
lyceum radiate 2 limited Estimated Valuation
Pomanda estimates the enterprise value of LYCEUM RADIATE 2 LIMITED at £0 based on Net Assets of £-68.7m and 2.7x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lyceum Radiate 2 Limited Overview
Lyceum Radiate 2 Limited is a live company located in london, EC2M 2PF with a Companies House number of 09122666. It operates in the production of electricity sector, SIC Code 35110. Founded in July 2014, it's largest shareholder is lyceum radiate 1 limited with a 100% stake. Lyceum Radiate 2 Limited is a established, large sized company, Pomanda has estimated its turnover at £31.2m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Lyceum Radiate 2 Limited Health Check
Pomanda's financial health check has awarded Lyceum Radiate 2 Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
2 Weak
Size
annual sales of £31.2m, make it larger than the average company (£1.7m)
£31.2m - Lyceum Radiate 2 Limited
£1.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Lyceum Radiate 2 Limited
- - Industry AVG
Production
with a gross margin of 67.5%, this company has a comparable cost of product (71.5%)
67.5% - Lyceum Radiate 2 Limited
71.5% - Industry AVG
Profitability
an operating margin of 62% make it more profitable than the average company (51.4%)
62% - Lyceum Radiate 2 Limited
51.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Lyceum Radiate 2 Limited
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Lyceum Radiate 2 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £15.6m, this is more efficient (£448.9k)
£15.6m - Lyceum Radiate 2 Limited
£448.9k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (16 days)
3 days - Lyceum Radiate 2 Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is slower than average (21 days)
26 days - Lyceum Radiate 2 Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lyceum Radiate 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (9 weeks)
30 weeks - Lyceum Radiate 2 Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 146.2%, this is a higher level of debt than the average (89.8%)
146.2% - Lyceum Radiate 2 Limited
89.8% - Industry AVG
LYCEUM RADIATE 2 LIMITED financials
Lyceum Radiate 2 Limited's latest turnover from December 2023 is £31.2 million and the company has net assets of -£68.7 million. According to their latest financial statements, Lyceum Radiate 2 Limited has 2 employees and maintains cash reserves of £21.4 million 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 31,189,749 | 29,930,918 | 25,213,709 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 10,130,571 | 9,277,034 | 10,379,220 | 7,113 | 0 | 0 | ||||
| Gross Profit | 21,059,178 | 20,653,884 | 14,834,489 | -7,113 | 0 | 0 | ||||
| Admin Expenses | 1,714,351 | 1,197,589 | 3,453,022 | 33,871 | 301,887 | 390,143 | ||||
| Operating Profit | 19,344,827 | 19,456,295 | 11,381,467 | -3,885,660 | -1,970,029 | -40,984 | -301,887 | -513,520 | -2,420,635 | -390,143 |
| Interest Payable | 14,785,852 | 28,583,642 | 14,136,068 | 6,235,387 | 8,649,986 | 8,065,924 | 12,463,479 | 12,825,114 | 8,279,686 | 959,922 |
| Interest Receivable | 439,656 | 120,577 | 3,004 | 11,061,583 | 11,857,550 | 8,396,403 | 13,170,587 | 17,723,090 | 6,033,649 | 840,261 |
| Pre-Tax Profit | 4,998,631 | -9,006,770 | -2,751,597 | -2,288,205 | -11,789,992 | 117,173 | -11,397,197 | 4,384,456 | -2,165,512 | -509,804 |
| Tax | -1,527,790 | 2,344,327 | 614,209 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 3,470,841 | -6,662,443 | -2,137,388 | -2,288,205 | -11,789,992 | 117,173 | -11,397,197 | 4,384,456 | -2,165,512 | -509,804 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54,065,000 | 0 |
| Retained Profit | 3,470,841 | -6,662,443 | -2,137,388 | -2,288,205 | -11,789,992 | 117,173 | -11,397,197 | 4,384,456 | -56,230,512 | -509,804 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 2 | 3 | 3 | 3 | 2 | 2 | 2 | 4 | ||
| EBITDA* | 19,344,827 | 19,456,295 | 11,381,467 | -3,885,660 | -1,970,029 | 131,338 | -296,376 | -507,204 | -2,415,583 | -390,143 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 95,021,233 | 101,270,559 | 110,700,837 | 0 | 0 | 0 | 0 | 126,404 | 132,720 | 0 |
| Intangible Assets | 24,498,639 | 26,642,176 | 28,785,712 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 60,031,902 | 63,260,643 | 76,288,170 | 76,460,492 | 88,262,910 | 88,262,910 | 56,356,860 |
| Debtors (Due After 1 year) | 1,904,105 | 3,431,895 | 1,091,447 | 88,353,044 | 100,375,858 | 112,505,368 | 0 | 0 | 129,169,337 | 40,622,083 |
| Total Fixed Assets | 121,423,977 | 131,344,630 | 140,577,996 | 148,384,946 | 163,636,501 | 188,793,538 | 76,460,492 | 88,389,314 | 217,564,967 | 96,978,943 |
| Stock & work in progress | 0 | 0 | 109,791 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 324,217 | 1,079,431 | 217,745 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 30,713,195 | 34,242,433 | 34,628,116 | 151,441,558 | 156,169,864 | 29,285,987 | 42,598,457 |
| Misc Debtors | 5,602,414 | 21,978,951 | 3,655,790 | 354,157 | 1,458 | 6,343 | 4,312,710 | 4,809,142 | 2,501,161 | 10,940 |
| Cash | 21,409,338 | 6,083,258 | 19,824,980 | 18,926,317 | 17,516,358 | 15,198,206 | 9,138,767 | 8,732,565 | 9,294,031 | 3,017,729 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 27,335,969 | 29,141,640 | 23,808,306 | 49,993,669 | 51,760,249 | 49,832,665 | 164,893,035 | 169,711,571 | 41,081,179 | 45,627,126 |
| total assets | 148,759,946 | 160,486,270 | 164,386,302 | 198,378,615 | 215,396,750 | 238,626,203 | 241,353,527 | 258,100,885 | 258,646,146 | 142,606,069 |
| Bank overdraft | 16,340,524 | 15,344,807 | 13,332,592 | 0 | 12,324,226 | 12,028,361 | 10,827,094 | 10,581,324 | 0 | 3,612,435 |
| Bank loan | 0 | 0 | 0 | 12,682,370 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 747,563 | 14,429 | 174,852 | 685 | 685 | 10,285 | 16,675 | 0 | 0 | 509,195 |
| Group/Directors Accounts | 18,213,211 | 24,665,344 | 28,120,206 | 21,928,199 | 29,354,776 | 35,776,339 | 39,264,518 | 44,075,859 | 20,721,325 | 253,500 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,628,375 | 3,199,232 | 2,126,665 | 10,931,482 | 8,825,697 | 6,303,433 | 4,034,736 | 694,303 | 315,127 | 585,799 |
| total current liabilities | 36,929,673 | 43,223,812 | 43,754,315 | 45,542,736 | 50,505,384 | 54,118,418 | 54,143,023 | 55,351,486 | 21,036,452 | 4,960,929 |
| loans | 175,613,386 | 180,321,441 | 170,725,338 | 172,977,669 | 182,744,951 | 190,571,378 | 193,391,270 | 197,532,968 | 236,777,719 | 93,609,409 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 4,943,432 | 9,138,403 | 15,441,592 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 180,556,818 | 189,459,844 | 186,166,930 | 172,977,669 | 182,744,951 | 190,571,378 | 193,391,270 | 197,532,968 | 236,777,719 | 93,609,409 |
| total liabilities | 217,486,491 | 232,683,656 | 229,921,245 | 218,520,405 | 233,250,335 | 244,689,796 | 247,534,293 | 252,884,454 | 257,814,171 | 98,570,338 |
| net assets | -68,726,545 | -72,197,386 | -65,534,943 | -20,141,790 | -17,853,585 | -6,063,593 | -6,180,766 | 5,216,431 | 831,975 | 44,035,731 |
| total shareholders funds | -68,726,545 | -72,197,386 | -65,534,943 | -20,141,790 | -17,853,585 | -6,063,593 | -6,180,766 | 5,216,431 | 831,975 | 44,035,731 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 19,344,827 | 19,456,295 | 11,381,467 | -3,885,660 | -1,970,029 | -40,984 | -301,887 | -513,520 | -2,420,635 | -390,143 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 172,322 | 5,511 | 6,316 | 5,052 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,527,790 | 2,344,327 | 614,209 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | -109,791 | 109,791 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -18,659,541 | 21,525,295 | -114,455,414 | -15,199,353 | -12,520,078 | -13,839,179 | -5,224,738 | 22,521 | 77,725,005 | 83,231,480 |
| Creditors | 733,134 | -160,423 | 174,167 | 0 | -9,600 | 10,285 | 16,675 | 0 | -509,195 | 509,195 |
| Accruals and Deferred Income | -1,570,857 | 1,072,567 | -8,804,817 | 2,105,785 | 2,522,264 | 5,609,130 | 3,340,433 | 379,176 | -270,672 | 585,799 |
| Deferred Taxes & Provisions | -4,194,971 | -6,303,189 | 15,441,592 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 31,443,884 | -5,005,927 | 133,152,241 | 13,419,478 | 13,062,713 | 19,589,932 | 8,285,470 | -150,549 | -80,920,455 | -82,526,629 |
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | 0 | |||||||
| Change in Investments | 0 | 0 | -60,031,902 | -3,228,741 | -13,027,527 | -11,974,740 | -11,802,418 | 0 | 31,906,050 | 56,356,860 |
| cash flow from investments | 0 | 0 | 60,031,902 | |||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | -12,682,370 | 12,682,370 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -6,452,133 | -3,454,862 | 6,192,007 | -7,426,577 | -6,421,563 | -8,299,520 | -4,811,341 | 23,354,534 | 20,467,825 | 253,500 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -4,708,055 | 9,596,103 | -2,252,331 | -9,767,282 | -7,826,427 | -6,961,590 | -4,141,698 | -39,244,751 | 143,168,310 | 93,609,409 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -14,346,196 | -28,463,065 | -14,133,064 | 4,826,196 | 3,207,564 | 330,479 | 707,108 | 4,897,976 | -2,246,037 | -119,661 |
| cash flow from financing | -25,506,384 | -22,321,824 | -66,131,523 | 314,707 | -11,040,426 | -26,327,828 | -8,245,931 | -10,992,241 | 174,416,854 | 138,288,783 |
| cash and cash equivalents | ||||||||||
| cash | 15,326,080 | -13,741,722 | 898,663 | 1,409,959 | 2,318,152 | 6,465,641 | 406,202 | -561,466 | 6,276,302 | 3,017,729 |
| overdraft | 995,717 | 2,012,215 | 13,332,592 | -12,324,226 | 295,865 | 1,447,037 | 245,770 | 10,581,324 | -3,612,435 | 3,612,435 |
| change in cash | 14,330,363 | -15,753,937 | -12,433,929 | 13,734,185 | 2,022,287 | 5,018,604 | 160,432 | -11,142,790 | 9,888,737 | -594,706 |
lyceum radiate 2 limited Credit Report and Business Information
Lyceum Radiate 2 Limited Competitor Analysis
Perform a competitor analysis for lyceum radiate 2 limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other large companies, companies in EC2M area or any other competitors across 12 key performance metrics.
lyceum radiate 2 limited Ownership
LYCEUM RADIATE 2 LIMITED group structure
Lyceum Radiate 2 Limited has 33 subsidiary companies.
Ultimate parent company
2 parents
LYCEUM RADIATE 2 LIMITED
09122666
33 subsidiaries
lyceum radiate 2 limited directors
Lyceum Radiate 2 Limited currently has 2 directors. The longest serving directors include Mr Jonathan Ord (Jan 2024) and Mr Neil Wood (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Ord | 41 years | Jan 2024 | - | Director | |
| Mr Neil Wood | United Kingdom | 44 years | Jan 2024 | - | Director |
P&L
December 2023turnover
31.2m
+4%
operating profit
19.3m
-1%
gross margin
67.6%
-2.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-68.7m
-0.05%
total assets
148.8m
-0.07%
cash
21.4m
+2.52%
net assets
Total assets minus all liabilities
lyceum radiate 2 limited company details
company number
09122666
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
July 2014
age
11
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
lightsource radiate 2 limited (February 2024)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
first floor 1 finsbury avenue, london, EC2M 2PF
Bank
BARCLAYS BANK PLC
Legal Advisor
-
lyceum radiate 2 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 did not find charges/mortgages relating to lyceum radiate 2 limited.
lyceum radiate 2 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 LYCEUM RADIATE 2 LIMITED. This can take several minutes, an email will notify you when this has completed.
lyceum radiate 2 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
