Lumen Technologies Europe Limited (03728783)
- Status
- active
- Formerly
- CENTURYLINK COMMUNICATIONS EUROPE LIMITED; LEVEL 3 COMMUNICATIONS EUROPE LIMITED; GLOBAL CROSSING EUROPE LIMITED
- Incorporated
- 1999-03-04
- Registered office
- 260-266 Goswell Road, London, EC1V 7EB, England
- Industry
- 61900 Other telecommunications activities
Profit and loss
| Line item | 2015-12-31 | 2016-12-31 | 2017-12-31 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|
| Revenue / turnover | 84,325,541 | 97,523,195 | 85,260,979 | 77,457,569 | 60,201,298 | 55,173,152 | 53,595,676 | 55,917,734 | 70,494,789 | 92,793,402 |
|---|
| Gross profit | 47,394,125 | 38,408,688 | 52,025,198 | 41,621,987 | 14,073,595 | 24,768,132 | 24,556,135 | 19,432,587 | 17,519,661 | 14,916,065 |
|---|
| Operating profit | -371,056 | -3,015,828 | 8,297,642 | -444,559 | -1,105,782 | -1,786,642 | 428,350 | -944,143 | -5,013,382 | -3,838,222 |
|---|
| Profit before tax | -20,076,027 | -4,759,243 | 383,019 | -3,291,880 | -1,434,186 | 1,454,826 | 733,349 | – | -5,047,658 | -4,728,007 |
|---|
| Tax charge / (credit) | -0 | 2,205,260 | 0 | -2,319,552 | -9,716,330 | 3,616,932 | 2,725,250 | -0 | -346,391 | 0 |
|---|
| Profit after tax | – | -6,964,503 | 383,019 | -972,328 | 8,282,144 | -2,162,106 | -1,991,901 | – | -4,701,267 | -4,728,007 |
|---|
Balance sheet
| Line item | 2015-12-31 | 2016-12-31 | 2017-12-31 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|
| Total fixed / non-current assets | 38,611,256 | 36,613,104 | 30,681,638 | 28,162,870 | 21,976,616 | 17,005,985 | 1,532,182 | 224,901 | 10,832,722 | 10,620,483 |
|---|
| Current assets | 119,531,324 | 157,232,718 | 140,678,497 | 63,823,452 | 62,173,507 | 35,515,588 | 40,973,311 | 37,222,422 | 31,987,852 | 68,665,234 |
|---|
| Cash at bank | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,030,057 |
|---|
| Creditors < 1 year (current liabilities) | 192,844,508 | 234,819,271 | 210,767,762 | 52,703,399 | 56,748,822 | 22,525,649 | 24,871,826 | 21,647,587 | 21,805,348 | 64,701,097 |
|---|
| Net current assets | -73,313,184 | -77,586,553 | -70,089,265 | 11,120,053 | 5,424,685 | 12,989,939 | 16,101,485 | 15,574,836 | 10,182,504 | 3,964,137 |
|---|
| Creditors > 1 year (non-current liabilities) | 19,959,057 | 20,051,508 | 35,820,101 | 34,581,778 | 16,584,764 | 13,283,330 | 9,569,661 | 6,589,006 | 4,486,300 | 1,586,740 |
|---|
| Net assets | -51,452,651 | -58,417,154 | -58,034,135 | 17,907,178 | 26,189,322 | 24,027,216 | 22,035,315 | 21,230,193 | 16,528,926 | 11,800,919 |
|---|
| Total equity | -51,452,651 | -58,417,154 | -58,034,135 | 17,907,178 | 26,189,322 | 24,027,216 | 22,035,315 | 21,230,193 | 16,528,926 | 11,800,919 |
|---|
Ratios
| Ratio | 2015-12-31 | 2016-12-31 | 2017-12-31 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|
| Revenue growth | -10.1% | 15.7% | -12.6% | -9.2% | -22.3% | -8.4% | -2.9% | 4.3% | 26.1% | 31.6% |
|---|
| Gross margin | 56.2% | 39.4% | 61.0% | 53.7% | 23.4% | 44.9% | 45.8% | 34.8% | 24.9% | 16.1% |
|---|
| Operating margin | -0.4% | -3.1% | 9.7% | -0.6% | -1.8% | -3.2% | 0.8% | -1.7% | -7.1% | -4.1% |
|---|
| Net margin | – | -7.1% | 0.4% | -1.3% | 13.8% | -3.9% | -3.7% | – | -6.7% | -5.1% |
|---|
| Return on equity | – | – | – | – | 37.6% | -8.6% | -8.6% | – | -24.9% | -33.4% |
|---|
| Return on capital employed | – | – | – | -0.8% | -2.6% | -4.8% | 1.4% | -3.4% | -23.9% | -26.3% |
|---|
| Return on invested capital (ROIC) | – | – | – | – | -4.1% | -5.8% | 1.5% | -3.5% | -19.9% | -40.3% |
|---|
| Current ratio | 0.62× | 0.67× | 0.67× | 1.21× | 1.10× | 1.58× | 1.65× | 1.72× | 1.47× | 1.06× |
|---|
| Effective tax rate | – | – | 0.0% | – | – | 248.6% | 371.6% | – | – | – |
|---|
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