gsii laceby 2 c.i.c.
gsii laceby 2 c.i.c. Company Information
Company Number
09648641
Next Accounts
Sep 2025
Shareholders
gsii laceby limited
Group Structure
View All
Industry
Production of electricity
Registered Address
27 old gloucester street, london, WC1N 3AX
Website
conergy.co.ukgsii laceby 2 c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of GSII LACEBY 2 C.I.C. at £2.5m based on a Turnover of £1.3m and 2x industry multiple (adjusted for size and gross margin).
gsii laceby 2 c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of GSII LACEBY 2 C.I.C. at £6.2m based on an EBITDA of £1.1m and a 5.69x industry multiple (adjusted for size and gross margin).
gsii laceby 2 c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of GSII LACEBY 2 C.I.C. at £175k based on Net Assets of £66.6k and 2.63x industry multiple (adjusted for liquidity).
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Gsii Laceby 2 C.i.c. Overview
Gsii Laceby 2 C.i.c. is a live company located in london, WC1N 3AX with a Companies House number of 09648641. It operates in the production of electricity sector, SIC Code 35110. Founded in June 2015, it's largest shareholder is gsii laceby limited with a 100% stake. Gsii Laceby 2 C.i.c. is a established, small sized company, Pomanda has estimated its turnover at £1.3m with high growth in recent years.
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Gsii Laceby 2 C.i.c. Health Check
Pomanda's financial health check has awarded Gsii Laceby 2 C.I.C. a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£1.8m)
£1.3m - Gsii Laceby 2 C.i.c.
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (10.8%)
25% - Gsii Laceby 2 C.i.c.
10.8% - Industry AVG
Production
with a gross margin of 97%, this company has a lower cost of product (71%)
97% - Gsii Laceby 2 C.i.c.
71% - Industry AVG
Profitability
an operating margin of 75.9% make it more profitable than the average company (51.1%)
75.9% - Gsii Laceby 2 C.i.c.
51.1% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
- Gsii Laceby 2 C.i.c.
3 - Industry AVG
Pay Structure
on an average salary of £78.6k, the company has an equivalent pay structure (£78.6k)
- Gsii Laceby 2 C.i.c.
£78.6k - Industry AVG
Efficiency
resulting in sales per employee of £419.3k, this is equally as efficient (£450.3k)
- Gsii Laceby 2 C.i.c.
£450.3k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is later than average (16 days)
42 days - Gsii Laceby 2 C.i.c.
16 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (21 days)
4 days - Gsii Laceby 2 C.i.c.
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gsii Laceby 2 C.i.c.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (9 weeks)
13 weeks - Gsii Laceby 2 C.i.c.
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.6%, this is a similar level of debt than the average (89.9%)
98.6% - Gsii Laceby 2 C.i.c.
89.9% - Industry AVG
GSII LACEBY 2 C.I.C. financials
Gsii Laceby 2 C.I.C.'s latest turnover from December 2023 is £1.3 million and the company has net assets of £66.6 thousand. According to their latest financial statements, we estimate that Gsii Laceby 2 C.I.C. has 3 employees and maintains cash reserves of £93.6 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 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,257,993 | 715,431 | 677,495 | 650,938 | 692,435 | 593,954 | 603,200 | 237,576 | |
| Other Income Or Grants | |||||||||
| Cost Of Sales | 37,600 | ||||||||
| Gross Profit | 1,220,393 | 715,431 | |||||||
| Admin Expenses | 265,715 | 438,192 | |||||||
| Operating Profit | 954,678 | 277,239 | 209,133 | 225,861 | 275,311 | 193,265 | 193,369 | 22,984 | |
| Interest Payable | 277,469 | 277,500 | 285,204 | 291,865 | 297,560 | 302,433 | 308,122 | 154,915 | |
| Interest Receivable | |||||||||
| Pre-Tax Profit | 677,209 | -261 | -76,071 | -66,004 | -22,249 | -109,168 | -114,753 | -131,931 | |
| Tax | -90,165 | ||||||||
| Profit After Tax | 587,044 | -261 | -76,071 | -66,004 | -22,249 | -109,168 | -114,753 | -131,931 | |
| Dividends Paid | |||||||||
| Retained Profit | 587,044 | -261 | -76,071 | -66,004 | -22,249 | -109,168 | -114,753 | -131,931 | |
| Employee Costs | |||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | |||
| EBITDA* | 1,094,423 | 530,979 | 462,873 | 479,601 | 529,051 | 447,005 | 447,109 | 149,859 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,285,745 | 3,425,490 | 3,679,230 | 3,932,970 | 4,186,710 | 4,440,450 | 4,694,190 | 4,947,930 | |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 3,285,745 | 3,425,490 | 3,679,230 | 3,932,970 | 4,186,710 | 4,440,450 | 4,694,190 | 4,947,930 | |
| Stock & work in progress | |||||||||
| Trade Debtors | 145,831 | ||||||||
| Group Debtors | 984,932 | 73,134 | 61,968 | ||||||
| Misc Debtors | 70,287 | 101,373 | 92,700 | 72,505 | 75,330 | 93,345 | 78,591 | 145,176 | 1 |
| Cash | 93,589 | 490,997 | 448,044 | 395,238 | 297,257 | 198,845 | 203,043 | 23,474 | |
| misc current assets | |||||||||
| total current assets | 1,294,639 | 665,504 | 540,744 | 467,743 | 372,587 | 292,190 | 281,634 | 230,618 | 1 |
| total assets | 4,580,384 | 4,090,994 | 4,219,974 | 4,400,713 | 4,559,297 | 4,732,640 | 4,975,824 | 5,178,548 | 1 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 463 | 602 | 1,170 | 1,448 | 605 | 755 | 36,328 | 28,691 | |
| Group/Directors Accounts | 174,356 | 181,187 | 164,513 | 148,305 | 131,949 | 178,986 | 177,753 | 236,116 | |
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 178,976 | 90,675 | 83,957 | 68,889 | 63,740 | 66,516 | 81,635 | 49,670 | |
| total current liabilities | 353,795 | 272,464 | 249,640 | 218,642 | 196,294 | 246,257 | 295,716 | 314,477 | |
| loans | 4,137,222 | 4,311,578 | 4,465,437 | 4,600,257 | 4,717,405 | 4,818,160 | 4,903,721 | 4,974,491 | |
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 27,388 | 25,072 | 25,918 | 23,698 | 24,074 | 23,070 | 21,510 | ||
| provisions | 22,759 | ||||||||
| total long term liabilities | 4,159,981 | 4,338,966 | 4,490,509 | 4,626,175 | 4,741,103 | 4,842,234 | 4,926,791 | 4,996,001 | |
| total liabilities | 4,513,776 | 4,611,430 | 4,740,149 | 4,844,817 | 4,937,397 | 5,088,491 | 5,222,507 | 5,310,478 | |
| net assets | 66,608 | -520,436 | -520,175 | -444,104 | -378,100 | -355,851 | -246,683 | -131,930 | 1 |
| total shareholders funds | 66,608 | -520,436 | -520,175 | -444,104 | -378,100 | -355,851 | -246,683 | -131,930 | 1 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 954,678 | 277,239 | 209,133 | 225,861 | 275,311 | 193,265 | 193,369 | 22,984 | |
| Depreciation | 139,745 | 253,740 | 253,740 | 253,740 | 253,740 | 253,740 | 253,740 | 126,875 | |
| Amortisation | |||||||||
| Tax | -90,165 | ||||||||
| Stock | |||||||||
| Debtors | 1,026,543 | 81,807 | 20,195 | -2,825 | -18,015 | 14,754 | -128,553 | 207,143 | 1 |
| Creditors | -139 | -568 | -278 | 843 | -150 | -35,573 | 7,637 | 28,691 | |
| Accruals and Deferred Income | 88,301 | 6,718 | 15,068 | 5,149 | -2,776 | -15,119 | 31,965 | 49,670 | |
| Deferred Taxes & Provisions | 22,759 | ||||||||
| Cash flow from operations | 88,636 | 455,322 | 457,468 | 488,418 | 544,140 | 381,559 | 615,264 | 21,077 | |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -6,831 | 16,674 | 16,208 | 16,356 | -47,037 | 1,233 | -58,363 | 236,116 | |
| Other Short Term Loans | |||||||||
| Long term loans | -174,356 | -153,859 | -134,820 | -117,148 | -100,755 | -85,561 | -70,770 | 4,974,491 | |
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -27,388 | 2,316 | -846 | 2,220 | -376 | 1,004 | 1,560 | 21,510 | |
| share issue | |||||||||
| interest | -277,469 | -277,500 | -285,204 | -291,865 | -297,560 | -302,433 | -308,122 | -154,915 | |
| cash flow from financing | -486,044 | -412,369 | -404,662 | -390,437 | -445,728 | -385,757 | -435,695 | 5,077,202 | |
| cash and cash equivalents | |||||||||
| cash | -397,408 | 42,953 | 52,806 | 97,981 | 98,412 | -4,198 | 179,569 | 23,474 | |
| overdraft | |||||||||
| change in cash | -397,408 | 42,953 | 52,806 | 97,981 | 98,412 | -4,198 | 179,569 | 23,474 |
gsii laceby 2 c.i.c. Credit Report and Business Information
Gsii Laceby 2 C.i.c. Competitor Analysis
Perform a competitor analysis for gsii laceby 2 c.i.c. by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in WC1N area or any other competitors across 12 key performance metrics.
gsii laceby 2 c.i.c. Ownership
GSII LACEBY 2 C.I.C. group structure
Gsii Laceby 2 C.I.C. has no subsidiary companies.
Ultimate parent company
HYFE HOLDING GMBH
#0009680
2 parents
GSII LACEBY 2 C.I.C.
09648641
gsii laceby 2 c.i.c. directors
Gsii Laceby 2 C.I.C. currently has 5 directors. The longest serving directors include Mr Lee Moscovitch (Apr 2023) and Mr Matthew Yard (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lee Moscovitch | Northern Ireland | 48 years | Apr 2023 | - | Director |
| Mr Matthew Yard | Northern Ireland | 45 years | Apr 2023 | - | Director |
| Mr Ralph Nash | United Kingdom | 37 years | Aug 2023 | - | Director |
| Mr Marco Rossi | United Kingdom | 43 years | Aug 2024 | - | Director |
| Mr Marco Rossi | United Kingdom | 43 years | Aug 2024 | - | Director |
P&L
December 2023turnover
1.3m
+76%
operating profit
954.7k
+244%
gross margin
97.1%
-2.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
66.6k
-1.13%
total assets
4.6m
+0.12%
cash
93.6k
-0.81%
net assets
Total assets minus all liabilities
gsii laceby 2 c.i.c. company details
company number
09648641
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
community green energy north east lincolnshire c.i.c. (August 2023)
accountant
-
auditor
SHIPLEYS LLP
address
27 old gloucester street, london, WC1N 3AX
Bank
-
Legal Advisor
-
gsii laceby 2 c.i.c. 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 gsii laceby 2 c.i.c..
gsii laceby 2 c.i.c. 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 GSII LACEBY 2 C.I.C.. This can take several minutes, an email will notify you when this has completed.
gsii laceby 2 c.i.c. Companies House Filings - See Documents
| date | description | view/download |
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