UK Companies House feature
LEVENSEAT RENEWABLE ENERGY HOLDINGS LIMITED
Profile
- Company number
- SC497284
- Status
- Active
- Incorporation
- 2015-02-09
- Last accounts made up
- 2023-12-31
- Account category
- GROUP
- Primary SIC
- 35110
- Hubs
- UK Energy & Climate
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- BDO LLP
- Audit opinion
- Disclaimer of opinion
- Going concern
- Material uncertainty disclosed
“The group currently has £219,083,793 (2022 - £201,479,449) of total debt and made a loss of £28,056,332 (2022 - £24,609,373). The financial statements of the group have been prepared on a basis other than going concern, due to the administration of its only subsidiary Levenseat Renewable Energy Limited (LREL") on 14 May 2025. ... This situation indicates the existence of a material uncertainty which may cast significant doubt about the Parent Company's ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities in the normal course of business.”
Subsidiaries
- Levenseat Renewable Energy Ltd · 100% held · UK · Renewable energy
Significant events
- “2023 was another challenging year for the business coming out of the EPC contract. A reduction in power produced and power prices meant that turnover reduced compared to 2022. Availability of the plant was similar to 2022 and is still impacted by stability issues.”
- “One of the key business counterparties, Levenseat Limited ("LL"), went into administration in March 2025 leaving significant debts unpaid to the business and thus putting a strain on cash.”
- “Ultimately the lenders unexpectedly withdrew support on the 2nd May 2025.”
- “On the 2 May 2025, Investec informed the group they would not participate in further funding negotiations, and a decision was taken by the directors on 2 May 2025 to cease trading, turn the plant off and appoint administrators of Levenseat Renewable Energy Limited which was formalized by the courts on the 14 May 2025 to allow the company to refinance its loans.”
- “The group was able to amend and restate the loan agreement with Investec in March 2024 which provided a waiver for the breach of loan and allowed the scheduled repayment of £1.8m which was due at 31 December 2023 to be deferred as PIK notes until June 2025.”
- “As part of the completion conditions for the amendment and restatement of the loan there was a requirement for the shareholders to provide additional funding to the company of £7.3m which was received on 22 March 2024.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAMPBELL, Colin | Director | 2015-03-20 | Jul 1966 | British |
| RENTON, Elliot Paul | Director | 2023-08-10 | May 1967 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HAMILTON, Angus James | Director | 2021-05-19 | 2025-05-08 |
| HAMILTON, Matthew James | Director | 2015-02-09 | 2021-05-19 |
| HARTWELL, Tylor | Director | 2022-02-14 | 2023-08-10 |
| MACLAREN, Peter James | Director | 2015-02-09 | 2024-04-15 |
| MCPHERSON, Robert Hamish | Director | 2018-12-19 | 2021-03-19 |
| RICHARDSON, Andrew | Director | 2021-03-19 | 2021-12-15 |
| SAMWORTH, James Peter | Director | 2015-03-20 | 2018-12-19 |
| WILLIAMS, James Benedict | Director | 2021-12-15 | 2022-02-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bih (Levenseat) Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2020-06-03 | Active |
| Uk Wrei (Lp) Ltd | Corporate entity | Shares 25–50% | 2017-08-18 | Ceased 2020-06-03 |
| Foresight Fund Managers Ltd | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2017-08-18 |
| Reeifii Luxembourg S.A.R.L. | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 87 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-07 | AD01 | address | change registered office address company with date old address new address |
| 2026-04-28 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2026-04-24 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2026-04-23 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2026-04-22 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2026-04-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-07-15 | AA01 | accounts | change account reference date company previous extended |
| 2025-07-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-07-10 | AA | accounts | accounts with accounts type group |
| 2025-05-15 | TM01 | officers | termination director company with name termination date |
| 2025-04-20 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-04-17 | 466(Scot) | mortgage | mortgage alter floating charge with number |
| 2025-04-17 | 466(Scot) | mortgage | mortgage alter floating charge with number |
| 2025-04-17 | 466(Scot) | mortgage | mortgage alter floating charge with number |
| 2025-04-17 | 466(Scot) | mortgage | mortgage alter floating charge with number |
| 2025-04-11 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-04-08 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-07-22 | TM01 | officers | termination director company with name termination date |
| 2024-04-09 | 466(Scot) | mortgage | mortgage alter floating charge with number |
| 2024-04-08 | 466(Scot) | mortgage | mortgage alter floating charge with number |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory