renewable energy income partnership ii limited
renewable energy income partnership ii limited Company Information
Company Number
10347632
Next Accounts
Sep 2025
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
trustee of kb asset management
Group Structure
View All
Contact
Registered Address
uk house, 5th floor, 164-182 oxford street, london, W1D 1NN
Website
-renewable energy income partnership ii limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY INCOME PARTNERSHIP II LIMITED at £30.6m based on a Turnover of £13.8m and 2.22x industry multiple (adjusted for size and gross margin).
renewable energy income partnership ii limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY INCOME PARTNERSHIP II LIMITED at £77.4m based on an EBITDA of £9.1m and a 8.48x industry multiple (adjusted for size and gross margin).
renewable energy income partnership ii limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY INCOME PARTNERSHIP II LIMITED at £0 based on Net Assets of £-12.1m and 1.81x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Renewable Energy Income Partnership Ii Limited Overview
Renewable Energy Income Partnership Ii Limited is a live company located in london, W1D 1NN with a Companies House number of 10347632. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2016, it's largest shareholder is trustee of kb asset management with a 100% stake. Renewable Energy Income Partnership Ii Limited is a young, mid sized company, Pomanda has estimated its turnover at £13.8m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Renewable Energy Income Partnership Ii Limited Health Check
Pomanda's financial health check has awarded Renewable Energy Income Partnership Ii Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £13.8m, make it smaller than the average company (£19.3m)
£13.8m - Renewable Energy Income Partnership Ii Limited
£19.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (10.6%)
18% - Renewable Energy Income Partnership Ii Limited
10.6% - Industry AVG
Production
with a gross margin of 69.3%, this company has a lower cost of product (36.2%)
69.3% - Renewable Energy Income Partnership Ii Limited
36.2% - Industry AVG
Profitability
an operating margin of 33.1% make it more profitable than the average company (4.6%)
33.1% - Renewable Energy Income Partnership Ii Limited
4.6% - Industry AVG
Employees
with 72 employees, this is below the industry average (107)
- Renewable Energy Income Partnership Ii Limited
107 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Renewable Energy Income Partnership Ii Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £191k, this is equally as efficient (£193.5k)
- Renewable Energy Income Partnership Ii Limited
£193.5k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (45 days)
34 days - Renewable Energy Income Partnership Ii Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 307 days, this is slower than average (44 days)
307 days - Renewable Energy Income Partnership Ii Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Renewable Energy Income Partnership Ii Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (14 weeks)
39 weeks - Renewable Energy Income Partnership Ii Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 114.6%, this is a higher level of debt than the average (69.5%)
114.6% - Renewable Energy Income Partnership Ii Limited
69.5% - Industry AVG
RENEWABLE ENERGY INCOME PARTNERSHIP II LIMITED financials
Renewable Energy Income Partnership Ii Limited's latest turnover from December 2023 is £13.8 million and the company has net assets of -£12.1 million. According to their latest financial statements, we estimate that Renewable Energy Income Partnership Ii Limited has 72 employees and maintains cash reserves of £9.8 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 | Dec 2017 | Jun 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 13,755,490 | 12,929,787 | 10,324,211 | 8,476,564 | 9,724,404 | 4,075,525 | 2,332,751 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 4,225,109 | 2,822,399 | 2,782,820 | 2,338,051 | 2,401,993 | 2,998,608 | 1,988,387 | 682 |
| Gross Profit | 9,530,381 | 10,107,388 | 7,541,391 | 6,138,513 | 7,322,411 | 1,076,917 | 344,364 | -682 |
| Admin Expenses | 4,978,276 | 4,483,810 | 4,475,701 | 4,600,487 | 4,647,412 | 1,231,438 | 151,374 | 179,225 |
| Operating Profit | 4,552,105 | 5,623,578 | 3,065,690 | 1,538,026 | 2,674,999 | -154,521 | 192,990 | -179,907 |
| Interest Payable | 5,506,524 | 5,646,913 | 5,728,727 | 5,565,579 | 5,573,004 | 1,653,898 | 0 | 174 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 2,250 | 103,943 | 305,619 |
| Pre-Tax Profit | -954,419 | -23,335 | -2,663,037 | -4,027,553 | -2,898,005 | -1,806,169 | 296,933 | 125,538 |
| Tax | -466,196 | 628,992 | -304,948 | -140,750 | -29,522 | -3,546 | -150,226 | 0 |
| Profit After Tax | -1,420,615 | 605,657 | -2,967,985 | -4,168,303 | -2,927,527 | -1,809,715 | 146,707 | 125,538 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 28,700,000 | 0 | 0 |
| Retained Profit | -1,420,615 | 605,657 | -2,967,985 | -4,168,303 | -2,927,527 | -30,509,715 | 146,707 | 125,538 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | 3 | 3 | 3 | |||||
| EBITDA* | 9,134,906 | 10,071,561 | 7,299,369 | 5,762,064 | 6,903,196 | 2,056,703 | 1,200,880 | -179,907 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jun 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 54,225,330 | 57,883,744 | 58,363,438 | 61,211,545 | 64,154,645 | 66,881,778 | 20,535,746 | 0 |
| Intangible Assets | 16,136,110 | 17,267,402 | 18,398,694 | 19,529,986 | 20,661,278 | 21,792,571 | 5,734,219 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,979,856 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 70,361,440 | 75,151,146 | 76,762,132 | 80,741,531 | 84,815,923 | 88,674,349 | 26,269,965 | 5,979,856 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,289,377 | 1,010,392 | 649,264 | 546,604 | 518,704 | 570,268 | 88,756 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,636,030 | 1,577,389 | 1,619,172 | 1,141,417 | 1,926,725 | 1,551,047 | 859,205 | 24,353,299 |
| Cash | 9,795,846 | 12,927,249 | 8,334,128 | 5,748,901 | 4,258,713 | 5,262,229 | 5,466,753 | 1,911,194 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,721,253 | 15,515,030 | 10,602,564 | 7,436,922 | 6,704,142 | 7,383,544 | 6,414,714 | 26,264,493 |
| total assets | 83,082,693 | 90,666,176 | 87,364,696 | 88,178,453 | 91,520,065 | 96,057,893 | 32,684,679 | 32,244,349 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 4,324,612 | 2,436,165 | 1,607,205 | 1,504,214 | 1,504,213 | 752,106 | 0 | 0 |
| Trade Creditors | 3,561,803 | 2,791,405 | 1,707,183 | 182,441 | 61,801 | 518,351 | 28,592 | 5,065 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,094,810 | 6,686,428 | 6,512,685 | 4,823,454 | 2,893,795 | 3,464,033 | 2,982,519 | 3,123,743 |
| total current liabilities | 12,981,225 | 11,913,998 | 9,827,073 | 6,510,109 | 4,459,809 | 4,734,490 | 3,011,111 | 3,128,810 |
| loans | 79,750,042 | 86,982,840 | 88,235,225 | 89,702,909 | 91,067,268 | 92,432,410 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 276,406 | 0 |
| provisions | 2,492,978 | 2,490,275 | 628,992 | 324,044 | 183,294 | 153,772 | 150,226 | 0 |
| total long term liabilities | 82,243,020 | 89,473,115 | 88,864,217 | 90,026,953 | 91,250,562 | 92,586,182 | 426,632 | 0 |
| total liabilities | 95,224,245 | 101,387,113 | 98,691,290 | 96,537,062 | 95,710,371 | 97,320,672 | 3,437,743 | 3,128,810 |
| net assets | -12,141,552 | -10,720,937 | -11,326,594 | -8,358,609 | -4,190,306 | -1,262,779 | 29,246,936 | 29,115,539 |
| total shareholders funds | -12,141,552 | -10,720,937 | -11,326,594 | -8,358,609 | -4,190,306 | -1,262,779 | 29,246,936 | 29,115,539 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jun 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 4,552,105 | 5,623,578 | 3,065,690 | 1,538,026 | 2,674,999 | -154,521 | 192,990 | -179,907 |
| Depreciation | 3,451,509 | 3,316,691 | 3,102,387 | 3,092,746 | 3,096,904 | 1,679,753 | 706,091 | 0 |
| Amortisation | 1,131,292 | 1,131,292 | 1,131,292 | 1,131,292 | 1,131,293 | 531,471 | 301,799 | 0 |
| Tax | -466,196 | 628,992 | -304,948 | -140,750 | -29,522 | -3,546 | -150,226 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 337,626 | 319,345 | 580,415 | -757,408 | 324,114 | 1,173,354 | 947,961 | 24,353,299 |
| Creditors | 770,398 | 1,084,222 | 1,524,742 | 120,640 | -456,550 | 489,759 | 28,592 | 5,065 |
| Accruals and Deferred Income | -1,591,618 | 173,743 | 1,689,231 | 1,929,659 | -570,238 | 481,514 | 2,982,519 | 3,123,743 |
| Deferred Taxes & Provisions | 2,703 | 1,861,283 | 304,948 | 140,750 | 29,522 | 3,546 | 150,226 | 0 |
| Cash flow from operations | 7,512,567 | 13,500,456 | 9,932,927 | 8,569,771 | 5,552,294 | 1,854,622 | 3,264,030 | -21,404,398 |
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 2,988,212 | -9,445,023 | |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,979,856 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 2,988,212 | -9,445,023 | |
| Financing Activities | ||||||||
| Bank loans | 1,888,447 | 828,960 | 102,991 | 1 | 752,107 | 752,106 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -7,232,798 | -1,252,385 | -1,467,684 | -1,364,359 | -1,365,142 | 92,432,410 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -276,406 | 276,406 | 0 |
| share issue | ||||||||
| interest | -5,506,524 | -5,646,913 | -5,728,727 | -5,565,579 | -5,573,004 | -1,651,648 | 103,943 | 305,445 |
| cash flow from financing | -10,850,875 | -6,070,338 | -7,093,420 | -6,929,937 | -6,186,039 | 91,256,462 | 29,480,578 | 29,295,448 |
| cash and cash equivalents | ||||||||
| cash | -3,131,403 | 4,593,121 | 2,585,227 | 1,490,188 | -1,003,516 | -204,524 | 5,466,753 | 1,911,194 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,131,403 | 4,593,121 | 2,585,227 | 1,490,188 | -1,003,516 | -204,524 | 5,466,753 | 1,911,194 |
renewable energy income partnership ii limited Credit Report and Business Information
Renewable Energy Income Partnership Ii Limited Competitor Analysis
Perform a competitor analysis for renewable energy income partnership ii limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in W1D area or any other competitors across 12 key performance metrics.
renewable energy income partnership ii limited Ownership
RENEWABLE ENERGY INCOME PARTNERSHIP II LIMITED group structure
Renewable Energy Income Partnership Ii Limited has 15 subsidiary companies.
Ultimate parent company
KOREA INVESTMENT HOLDINGS CO LTD
#0114433
NONGHYUP BANK
#0133996
2 parents
RENEWABLE ENERGY INCOME PARTNERSHIP II LIMITED
10347632
15 subsidiaries
renewable energy income partnership ii limited directors
Renewable Energy Income Partnership Ii Limited currently has 4 directors. The longest serving directors include Mr Alexander Brierley (Sep 2018) and Mr Jong Kim (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Brierley | 45 years | Sep 2018 | - | Director | |
| Mr Jong Kim | United Kingdom | 55 years | Mar 2020 | - | Director |
| Mr Thomas Rosser | England | 39 years | Nov 2020 | - | Director |
| Mr Donghee Park | South Korea | 42 years | May 2023 | - | Director |
P&L
December 2023turnover
13.8m
+6%
operating profit
4.6m
-19%
gross margin
69.3%
-11.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-12.1m
+0.13%
total assets
83.1m
-0.08%
cash
9.8m
-0.24%
net assets
Total assets minus all liabilities
renewable energy income partnership ii limited company details
company number
10347632
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
August 2016
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
belisama energy limited (October 2018)
accountant
-
auditor
ERNST & YOUNG LLP
address
uk house, 5th floor, 164-182 oxford street, london, W1D 1NN
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
BURGES SALMON
renewable energy income partnership ii 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 renewable energy income partnership ii limited.
renewable energy income partnership ii limited Companies House Filings - See Documents
| date | description | view/download |
|---|
