Levenseat Renewable Energy Ltd
Registered name: LEVENSEAT RENEWABLE ENERGY LTD
Part of Investec PLC groupLevenseat Renewable Energy Ltd made £22.4m revenue and a £28.1m loss in the year to 31 Dec 2023.
Levenseat Renewable Energy Ltd’s revenue fell 14% to £22.4m in the year to 31 Dec 2023, with a loss of £28.1m and 31 employees. The company is classified under “production of electricity” and is based in Edinburgh; we hold 2 years of its filed accounts.
- Status
- Insolvency Proceedings
- Location
- Edinburgh
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £26m | £22.4m |
| Cost of sales | −£24.9m | −£28.7m |
| Gross profit | £1.1m | −£6.4m |
| Operating profit | −£3.4m | −£3.5m |
| Profit before tax | −£24.6m | −£28.1m |
| Profit after tax | −£24.6m | −£28.1m |
| Profit (best available) | −£24.6m | −£28.1m |
| Employees (average) | 0 | 31 |
| Ratios | ||
| Profit margin | −94.6% | −125.5% |
| Gross margin | 4.4% | −28.5% |
| Revenue per employee | — | £721k |
| Profit per employee | — | −£905k |
| Growth (year on year) | ||
| Revenue growth | — | ▼14.1% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data May 2025 |
How the business works
- Profit margin
- −125.5%
- Profit ÷ revenue.
- Gross margin
- −28.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £721k
- Revenue ÷ average employees.
- Profit per employee
- −£905k
- 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
- —
- Now 31
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Investec PLCultimate parent75–100%
- Investec 1 Limited75–100%
- Investec Bank PLC75–100%
- Levenseat Renewable Energy Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (18)
- Investec International Private Office LimitedRev. £316k · Profit −£107k
- Advanced Dentistry & Clinical Skills Centre LimitedFigures not disclosed
- CF Corporate Finance LimitedFigures not disclosed
- Diagonal Nominees LimitedFigures not disclosed
- Evo Nominees LimitedFigures not disclosed
- Investec Alternative Investment Management LimitedFigures not disclosed
- Investec Asset Finance PLCFigures not disclosed
- Investec Capital Solutions LimitedFigures not disclosed
- Investec Finance LimitedFigures not disclosed
- Investec Group Investments (UK) LimitedFigures not disclosed
- Investec Investments (UK) LimitedFigures not disclosed
- Investec-Capitalmind Investment LimitedFigures not disclosed
- Kendals Regeneration LimitedFigures not disclosed
- Ni (HH) LLPRev. — · Profit −£970k
- Pif Investments LimitedFigures not disclosed
- Quantum Funding LimitedFigures not disclosed
- Technology Nominees LimitedFigures not disclosed
- Torteval LM LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2023 (profit −£28.1m), from the Companies House accounts bulk data published May 2025. Spotted an error? Request a correction.
Updated from Companies House on 19 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.