lyceum radiate 2 limited
lyceum radiate 2 limited Company Information
Company Number
09122666
Website
-Registered Address
first floor 1 finsbury avenue, london, EC2M 2PF
Industry
Production of electricity
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
lightsource radiate 1 ltd 100%
lyceum radiate 2 limited Estimated Valuation
Pomanda estimates the enterprise value of LYCEUM RADIATE 2 LIMITED at £87m based on a Turnover of £29.9m and 2.91x 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 £170.7m based on an EBITDA of £19.5m and a 8.77x 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 £-72.2m and 2.69x industry multiple (adjusted for liquidity).
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Lyceum Radiate 2 Limited AI Business Plan
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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 lightsource radiate 1 ltd with a 100% stake. Lyceum Radiate 2 Limited is a established, large sized company, Pomanda has estimated its turnover at £29.9m with unknown growth in recent years.
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Lyceum Radiate 2 Limited Health Check
Pomanda's financial health check has awarded Lyceum Radiate 2 Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
2 Weak
Size
annual sales of £29.9m, make it larger than the average company (£1.3m)
£29.9m - Lyceum Radiate 2 Limited
£1.3m - 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 69%, this company has a comparable cost of product (70.5%)
69% - Lyceum Radiate 2 Limited
70.5% - Industry AVG
Profitability
an operating margin of 65% make it more profitable than the average company (45.7%)
65% - Lyceum Radiate 2 Limited
45.7% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - 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 £10m, this is more efficient (£315.7k)
£10m - Lyceum Radiate 2 Limited
£315.7k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (16 days)
13 days - Lyceum Radiate 2 Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (22 days)
0 days - Lyceum Radiate 2 Limited
22 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 7 weeks, this is average cash available to meet short term requirements (8 weeks)
7 weeks - Lyceum Radiate 2 Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 145%, this is a higher level of debt than the average (94.7%)
145% - Lyceum Radiate 2 Limited
94.7% - Industry AVG
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 and benchmarking them against 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 3 directors. The longest serving directors include Mr Neil Wood (Jan 2024) and Ms Julia Carter (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Wood | England | 43 years | Jan 2024 | - | Director |
| Ms Julia Carter | United Kingdom | 32 years | Jan 2024 | - | Director |
| Mr Jonathan Ord | United Kingdom | 41 years | Jan 2024 | - | Director |
LYCEUM RADIATE 2 LIMITED financials
Lyceum Radiate 2 Limited's latest turnover from December 2022 is £29.9 million and the company has net assets of -£72.2 million. According to their latest financial statements, Lyceum Radiate 2 Limited has 3 employees and maintains cash reserves of £6.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 29,930,918 | 25,213,709 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 9,277,034 | 10,379,220 | 7,113 | 0 | 0 | ||||
| Gross Profit | 20,653,884 | 14,834,489 | -7,113 | 0 | 0 | ||||
| Admin Expenses | 1,197,589 | 3,453,022 | 33,871 | 301,887 | 390,143 | ||||
| Operating Profit | 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 | 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 | 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 | -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 | 2,344,327 | 614,209 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -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 | 54,065,000 | 0 |
| Retained Profit | -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 |
| Number Of Employees | 3 | 3 | 3 | 2 | 2 | 2 | 4 | ||
| EBITDA* | 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 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 101,270,559 | 110,700,837 | 0 | 0 | 0 | 0 | 126,404 | 132,720 | 0 |
| Intangible Assets | 26,642,176 | 28,785,712 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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) | 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 | 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 | 109,791 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,079,431 | 217,745 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 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 | 21,978,951 | 3,655,790 | 354,157 | 1,458 | 6,343 | 4,312,710 | 4,809,142 | 2,501,161 | 10,940 |
| Cash | 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 |
| total current assets | 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 | 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 | 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 | 12,682,370 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,429 | 174,852 | 685 | 685 | 10,285 | 16,675 | 0 | 0 | 509,195 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 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 | 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 | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 9,138,403 | 15,441,592 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 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 | 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 | -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 | -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 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 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 | 172,322 | 5,511 | 6,316 | 5,052 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 2,344,327 | 614,209 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | -109,791 | 109,791 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 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 | -160,423 | 174,167 | 0 | -9,600 | 10,285 | 16,675 | 0 | -509,195 | 509,195 |
| Accruals and Deferred Income | 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 | -6,303,189 | 15,441,592 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -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 | |||||||
| Change in Investments | 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 | 60,031,902 | |||||||
| Financing Activities | |||||||||
| Bank loans | 0 | -12,682,370 | 12,682,370 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -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 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -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 | -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 | -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 | 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 | -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 |
P&L
December 2022turnover
29.9m
+19%
operating profit
19.5m
+71%
gross margin
69.1%
+17.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-72.2m
+0.1%
total assets
160.5m
-0.02%
cash
6.1m
-0.69%
net assets
Total assets minus all liabilities
Similar Companies
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
10
accounts
Group
ultimate parent company
previous names
lightsource radiate 2 limited (February 2024)
incorporated
UK
address
first floor 1 finsbury avenue, london, EC2M 2PF
last accounts submitted
December 2022
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 Companies House Filings - See Documents
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