Lightsource BP Renewable Energy Investments Holdings Limited
Registered name: LIGHTSOURCE BP RENEWABLE ENERGY INVESTMENTS HOLDINGS LIMITED
Part of BP P.L.C. groupLightsource BP Renewable Energy Investments Holdings Limited made £324m revenue and a £236m loss in the year to 31 Dec 2024.
Lightsource BP Renewable Energy Investments Holdings Limited’s revenue fell 5% to £324m in the year to 31 Dec 2024, with a loss of £236m and 1,170 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 2 yrs · since 2024
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £341m | £324m |
| Cost of sales | −£335m | −£241m |
| Gross profit | £5.2m | £82.9m |
| Operating profit | −£171m | −£123m |
| Profit before tax | −£264m | −£207m |
| Profit after tax | −£285m | −£236m |
| Profit (best available) | −£285m | −£236m |
| Employees (average) | 1,101 | 1,170 |
| Ratios | ||
| Profit margin | −83.6% | −72.9% |
| Gross margin | 1.5% | 25.6% |
| Revenue per employee | £309k | £277k |
| Profit per employee | −£259k | −£202k |
| Growth (year on year) | ||
| Revenue growth | — | ▼4.9% |
| Headcount growth | — | ▲6.3% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Aug 2025 | Accounts · bulk data Aug 2025 |
How the business works
- Profit margin
- −72.9%
- Profit ÷ revenue.
- Gross margin
- 25.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £277k
- Revenue ÷ average employees.
- Profit per employee
- −£202k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲6%
- Now 1,170
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- BP P.L.C.ultimate parent75–100%
- BP International Limited75–100%
- BP Alternative Energy Investments Limited75–100%
- Lightsource BP Renewable Energy Investments Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Lightsource BP Renewable Energy Investments LimitedFigures not disclosed
Sister companies (1)
- BP Koppa LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£236m), from the Companies House accounts bulk data published Aug 2025. 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.