How much does Second Generation Coombeshead Limited make?

Second Generation Coombeshead Limited reported revenue of £1.5m and £248k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Second Generation Coombeshead Limited have?

Second Generation Coombeshead Limited reported an average of 0 employees in the year to 31 Dec 2023.

Is Second Generation Coombeshead Limited profitable?

Yes — Second Generation Coombeshead Limited reported a profit of £248k in the year to 31 Dec 2023.

Company No. 07424417 · Incorporated 29 Oct 2010

Second Generation Coombeshead Limited

Registered name: SECOND GENERATION COOMBESHEAD LIMITED

Part of Foresight Solar Fund Limited 113721 group

Second Generation Coombeshead Limited made £1.5m revenue and £248k profit in the year to 31 Dec 2023.

Second Generation Coombeshead Limited’s revenue grew 9% to £1.5m in the year to 31 Dec 2023, with £248k profit and 0 employees. The company is classified under “production of electricity” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35110Production of electricity

Status: Active
Location: London, London
Age: 15 yrs · since 2010
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2023

Key figures

Small teamOperating leverage

Revenue

£1.5m

Growth ▲8.9%

Profit

£248k

Growth ▲105.2%

Profit margin

16.3%

Gross 94.5%

Employees

Change —

Profit / employee

—

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.4m	£1.4m	£1.5m
Cost of sales	£122k	£138k	£83.4k
Gross profit	£1.2m	£1.3m	£1.4m
Operating profit	£763k	£776k	£865k
Profit before tax	£114k	£183k	£326k
Profit after tax	£89.7k	£121k	£248k
Profit (best available)	£89.7k	£121k	£248k
Employees (average)	0	0	0
Ratios
Profit margin	6.6%	8.6%	16.3%
Gross margin	91.1%	90.1%	94.5%
Growth (year on year)
Revenue growth	—	▲2.5%	▲8.9%
Profit growth	—	▲34.7%	▲105.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£389k	£410k	£605k
Net assets	£1.3m	£1.4m	£1.6m
Fixed assets	£7.1m	£6.7m	£6.3m
Current assets	£641k	£667k	£877k
Debtors	£70.4k	£80.9k	£20.2k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	Accounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 16.3%; Profit ÷ revenue.
Gross margin: 94.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 415.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.3%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲18%; Now £1.6m
Cash at bank: ▲48%; Now £605k
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: ▼6%; Now £6.3m

Corporate ownership

Group structure

Ownership chain

Foresight Solar Fund Limited 113721 (registered outside the UK register)ultimate parent75–100%
Foresight Solar (UK Holdco) Limited75–100%
FS RCF Debtco Limited75–100%
FS Holdco 3 Limited75–100%
Second Generation Portfolio 1 Holdings Limited75–100%
Second Generation Portfolio 1 Limited75–100%
Second Generation Coombeshead Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (5)

Second Generation Verwood LimitedRev. £3m · Profit −£628k
Second Generation Park Farm LimitedRev. £1.9m · Profit −£341k
Second Generation Sawmills LimitedRev. £997k · Profit −£160k
Second Generation Yardwall LimitedRev. £474k · Profit −£56.4k
Tengore Solar LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit £248k), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.