EDF ENERGY CUSTOMERS LIMITED

90 WHITFIELD STREET, LONDON, W1T 4EZ

Previous name: LONDON ENERGY PLC (changed on 05-Jun-2006)

Company Number: 02228297
Incorporation date: 08-Mar-1988
Status: Active
Entity type: Private Limited Company

SIC codes:
35130 Distribution of electricity
35220 Distribution of gaseous fuels through mains




SUMMARY

This company is 36.1 years old and is currently active. It is controlled by multiple entities. The company has negative equity (net assets) of GBP -153.1 million which has worsened since the previous year's figure of GBP -20 million. The latest reported revenue figure is GBP 7.2 billion which is up 10% on previous year's figure of GBP 6.6 billion. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -162.7 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 9 active officers (directors or partners) who are or were officers of 16 other companies, 1 (6.3%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There is one court case involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 7,201,100,000 4,000,000 29,300,000 -133,100,000
31-Dec-2018 GBP 6,602,500,000 5,900,000 -4,500,000 -68,800,000
31-Dec-2017 GBP 6,041,800,000 48,500,000 3,600,000 9,500,000 57,300,000
31-Dec-2016 GBP 8,971,300,000 10,000,000 412,000,000 -174,900,000
31-Dec-2015 GBP 6,372,800,000 -137,900,000 10,400,000 54,400,000 -74,600,000
31-Dec-2014 GBP 6,442,900,000 -207,700,000 559,200,000 3,000,000 394,000,000
31-Dec-2013 GBP 6,306,700,000 -326,000,000 700,000 2,200,000 52,700,000 -274,800,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 526,700,000 2,017,000,000 2,536,600,000 10,000,000 -400,000 -162,700,000 -153,100,000
31-Dec-2018 GBP 2,337,300,000 2,725,300,000 105,600,000 10,000,000 -400,000 -29,600,000 -20,000,000
31-Dec-2017 GBP 1,000,000,000 -400,000 -980,800,000 18,800,000
31-Dec-2016 GBP 10,000,000
31-Dec-2015 GBP 1,900,000 1,962,200,000 222,900,000 105,600,000 10,000,000 -400,000 -848,100,000 -838,500,000
31-Dec-2014 GBP 13,200,000 2,167,800,000 3,389,500,000 10,000,000 -400,000 -803,400,000 -793,800,000
31-Dec-2013 GBP 9,393,100,000 10,998,500,000 10,000,000 -1,162,900,000 -1,153,300,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2018 GBP -9,900.00% -990,000,000 1,000,000,000 10,000,000 557,800,000
31-Dec-2017 GBP 99.00% 989,600,000 9,995,960 999,595,960 504,795,960
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Joe SOUTO 17 Sep 2009 29 Mar 2024 1 - 0
Resigned Robert Ian HIGSON 02 Nov 1998 17 Sep 2009 0 - 165
Resigned Andrew James WHITTAKER 30 Sep 1997 02 Nov 1998 0 - 36
Resigned Andrew Bruce ROBERTSON 06 Sep 1996 30 Sep 1997 0 - 51
Resigned Anthony George GAJADHARSINGH 09 Nov 1994 06 Sep 1996 3 - 24
Resigned Angela SIGLEY 26 Sep 1994 09 Nov 1994 0 - 21
Resigned Dunstana Adeshola DAVIES 22 Mar 1993 26 Sep 1994 0 - 4
Resigned Andrew James WHITTAKER 22 Mar 1993 0 - 36

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Christopher DALLEY 02 Jan 2024 Director British 2 - 00 (0.0%)
Active Tobias ALLEN 02 Jan 2024 Director British 1 - 00 (0.0%)
Active Ceri HUMPHREY 07 Jul 2023 Director British 1 - 00 (0.0%)
Active Kaa Stuart HOLMES 01 Jan 2023 Director British 1 - 00 (0.0%)
Active Matthew DavidSamuel NUNN 01 Mar 2022 Director British 2 - 00 (0.0%)
Resigned Simon William TODD 01 May 2020 14 Apr 2023 Accountant British 1 - 20 (0.0%)
Resigned Jean-Benoit Marie RITZ 26 Feb 2020 27 Aug 2020 Company Director French 0 - 30 (0.0%)
Resigned Neville, Dr TOWERS 26 Feb 2020 01 Jan 2024 Company Director British 0 - 40 (0.0%)
Active Julie Ann MEANWELL 26 Feb 2020 Company Director British 1 - 00 (0.0%)
Resigned Sarah HANCOCK 01 Jan 2020 01 Jan 2021 Company Director British 0 - 10 (0.0%)
Active Philippe Andre Dominique COMMARET 06 Nov 2019 Company Director French 5 - 50 (0.0%)
Active Dawn FORTUNE 07 Mar 2018 Company Director British 2 - 00 (0.0%)
Resigned Katherine Rebecca JACOB 12 Jan 2017 04 Oct 2019 Company Director British 17 - 1310 (33.3%)
Active Richard Tudor HUGHES 30 May 2016 Company Director British 1 - 92 (20.0%)
Resigned Dimitri HOVINE 26 Nov 2015 20 Jun 2018 Company Director Belgian 0 - 10 (0.0%)
Resigned Mr John Edward HEALY 01 Jul 2014 30 Nov 2016 Company Director Irish 0 - 74 (57.1%)
Resigned Mr James Nicholas POOLE 18 Apr 2014 01 Jan 2024 Company Director British 0 - 43 (75.0%)
Resigned John KINIRONS 18 Apr 2014 11 Jun 2015 Company Director Irish 0 - 31 (33.3%)
Resigned Timothy John BOYLIN 18 Apr 2014 15 May 2015 H R Director British 1 - 51 (16.7%)
Resigned Sidney Robert Salvador COX 18 Apr 2014 01 Mar 2016 Contracts Manager British 0 - 52 (40.0%)
Resigned Beatrice BIGOIS 01 Jan 2014 01 Jan 2020 Company Director French 0 - 54 (80.0%)
Resigned Ronan Emmanuel LORY 16 Apr 2012 18 Apr 2014 Company Director French 0 - 4111 (26.8%)
Resigned Simone ROSSI 01 Apr 2011 16 Apr 2012 Chief Financial Officer Italian 0 - 4815 (31.3%)
Resigned Martin Charles LAWRENCE 27 Jul 2009 31 Dec 2013 Chief Operating Officer Energy British 0 - 3316 (48.5%)
Resigned Thomas Andreas KUSTERER 01 Apr 2009 29 Mar 2011 Cfo German 0 - 11655 (47.4%)
Resigned Eva Kristina EISENSCHIMMEL 23 Oct 2006 27 Jul 2009 Chief Operating Officer Custom British,Austrian 0 - 199 (47.4%)
Resigned Derek Arthur LICKORISH 01 Apr 2003 23 Oct 2006 Director Customer Services British 2 - 2111 (47.8%)
Resigned Michael James PAVIA 01 Apr 2003 31 Jul 2003 Chief Operating Officer Finan British 0 - 6319 (30.2%)
Resigned Humphrey Alan Edward CADOUX HUDSON 02 Dec 2002 01 Apr 2009 Chief Financial Officer British 0 - 9655 (57.3%)
Resigned Vincent DE RIVAZ 07 Feb 2002 17 Feb 2012 Director French 0 - 5416 (29.6%)
Resigned Jonathan Robert KINSEY 19 Oct 2001 30 Sep 2002 Company Director British 1 - 103 (27.3%)
Resigned Ian Roger BEAMENT 15 Dec 1999 01 Jan 2001 Director British 0 - 175 (29.4%)
Resigned Bruno Jean LESCOEUR 15 Dec 1999 07 Feb 2002 Director French 0 - 204 (20.0%)
Resigned Martin Robert WENBAN 15 Dec 1999 08 Jun 2001 Commercial Director British 1 - 84 (44.4%)
Resigned Robert Ian HIGSON 05 Feb 1999 15 Dec 1999 Solicitor British 0 - 16594 (57.0%)
Resigned Gerald Langdon WINGROVE 03 Aug 1998 30 Sep 2002 Group Finance Director British 0 - 5829 (50.0%)
Resigned Alan Victor TOWERS 03 Jun 1997 03 Aug 1998 Accountant British 0 - 132 (15.4%)
Resigned Michael John KERSEY 09 Nov 1994 31 May 1997 Chartered Engineer British 0 - 121 (8.3%)
Resigned Andrew Bruce ROBERTSON 01 Feb 1994 30 Sep 1997 Company Executive British 0 - 5120 (39.2%)
Resigned Malcolm Waters SAUNDERS 22 Mar 1993 31 Jan 1994 Solicitor British 1 - 183 (15.8%)
Resigned Ian Louis PILSWORTH 22 Mar 1993 Solicitor British 0 - 32 (66.7%)
Number of active directors: 9
Average tenure of active directors: 3.0 years
Average tenure of resigned directors: 2.7 years
Average active director Dissolution Rate: 2.2%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
EDF ENERGY CUSTOMERS LIMITED (02228297) - Active
EDF ENERGY R&D UK CENTRE LIMITED (02948613) - Active
THE BARKANTINE HEAT AND POWER COMPANY LIMITED (03693914) - Active
EDF ENERGY 1 LIMITED (03986835) - Dissolved
HOPPY LIMITED (04049231) - Active
EDF ENERGY (LONDON HEAT AND POWER) LIMITED (04100229) - Dissolved
BRITISH ENERGY DIRECT LIMITED (04935015) - Active
EDF ENERGY RENEWABLES LIMITED (06456689) - Active
POD POINT LIMITED (06851754) - Active
POD POINT HOLDING LIMITED (07180463) - Active
SMART METERING COMMUNICATIONS BODY LTD (08455995) - Active
CONTACT T/A CONTACT SOLAR LTD (08847741) - Active
OPEN CHARGE LIMITED (09827454) - Active
CB HEATING LTD (09885603) - Active
EDF ENERGY SERVICES LIMITED (10275207) - Active
POD POINT ASSET ONE LTD (11685802) - Active
POD POINT GROUP HOLDINGS PLC (12431376) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-05-152019-05-152018-05-152016-05-152015-05-15
EDF ENERGY LIMITEDORDINARY100,000,000
100%
10,000,000
100%
0
0%
0
0%
0
0%
EDF ENERGY PLCORDINARY0
0%
0
0%
1,000,000,000
100%
0
0%
0
0%
EDF ENERGY INVESTMENTSORDINARY0
0%
0
0%
0
0%
10,000,000
100%
10,000,000
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2020-05-152019-05-152018-05-15
EDF ENERGY CUSTOMERS LIMITEDORDINARY4,590,051
100%
3,060,051
100%
51
0.003%
EDF ENERGY CUSTOMERS LIMITEDORDINARYB0
0%
0
0%
2,034,365
100.0%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

EDF ENERGY CUSTOMERS LIMITED

Controlled companies below

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-07-01 2023-12-31 4 1% 2% 78473
2023-01-01 2023-06-30 5 1% 2% 73196
2022-07-01 2022-12-31 4 1% 2% 66035
2022-01-01 2022-06-30 5 1% 3% 60029
2021-07-01 2021-12-31 6 2% 3% 52446
2021-01-01 2021-06-30 5 2% 3% 46974
2020-07-01 2020-12-31 11 2% 3% 39794
2020-01-01 2020-06-30 12 2% 3% 32118
2019-07-01 2019-12-31 11 2% 3% 26840
2019-01-01 2019-06-30 11 2% 3% 20533
2018-07-01 2018-12-31 56 17% 29% 9808
2018-01-01 2018-06-30 54 17% 29% 4485


COURT CASES


Date Title Reference Subject
2017-02-17 Mrs V Smith v EDF Energy Customers plc [2017] UKET 2500959/2016 Disability Discrimination : Equal Pay Act : Sex Discrimination : Unlawful Deduction from Wages

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 35130 Distribution of electricity)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
BRITISH GAS TRADING LIMITED MILLSTREAM MAIDENHEAD ROAD, WINDSOR, BERKSHIRE, SL4 5GD 03078711 2017-12-31 8,911,100,000 465,200,000 35220-Distribution of gaseous fuels through mains
EDF ENERGY CUSTOMERS LIMITED 90 WHITFIELD STREET, LONDON, ENGLAND, W1T 4EZ 02228297 2017-12-31 6,041,800,000 66,800,000 35220-Distribution of gaseous fuels through mains
NPOWER LIMITED WESTWOOD WAY, WESTWOOD BUSINESS PARK, COVENTRY, ENGLAND, CV4 8LG 03653277 2018-12-31 3,441,000,000 -31,000,000
TOTAL GAS & POWER LIMITED BRIDGE GATE, 55 - 57 HIGH STREET, REDHILL, SURREY, RH1 1RX 02172239 2017-12-31 1,343,902,000 220,254,000 35140-Trade of electricity
35220-Distribution of gaseous fuels through mains
35230-Trade of gas through mains
GAZPROM MARKETING & TRADING RETAIL LIMITED 20 TRITON STREET, LONDON, NW1 3BF 03904624 2017-12-31 1,313,344,000 -1,213,000 35220-Distribution of gaseous fuels through mains
SOUTHERN ELECTRIC POWER DISTRIBUTION PLC NO.1 FORBURY PLACE, 43 FORBURY ROAD, READING, UNITED KINGDOM, RG1 3JH 04094290 2018-03-31 675,400,000 148,700,000
EASTERN POWER NETWORKS PLC NEWINGTON HOUSE, 237 SOUTHWARK BRIDGE ROAD, LONDON, SE1 6NP 02366906 2018-03-31 642,600,000 185,300,000
LONDON POWER NETWORKS PLC NEWINGTON HOUSE, 237 SOUTHWARK BRIDGE ROAD, LONDON, SE1 6NP 03929195 2018-03-31 501,500,000 183,600,000 70100-Activities of head offices
WESTERN POWER DISTRIBUTION (WEST MIDLANDS) PLC AVONBANK, FEEDER ROAD, BRISTOL, BS2 0TB 03600574 2018-03-31 496,700,000 187,200,000
WESTERN POWER DISTRIBUTION (EAST MIDLANDS) PLC AVONBANK, FEEDER ROAD, BRISTOL, BS2 0TB 02366923 2018-03-31 491,000,000 188,300,000
POWER NI ENERGY LIMITED GREENWOOD HOUSE, 64 NEWFORGE LANE, BELFAST, BT9 5NF NI027394 2018-03-31 461,400,000 27,900,000 35140-Trade of electricity
SMARTESTENERGY LIMITED THE COLUMBUS BUILDING, 7 WESTFERRY CIRCUS, LONDON, ENGLAND, E14 4HD 03994598 2018-03-31 438,176,000 14,460,000
ELECTRICITY NORTH WEST LIMITED ELECTRICITY NORTH WEST, BORRON STREET, STOCKPORT, ENGLAND, SK1 2JD 02366949 2018-03-31 430,200,000 116,300,000
SOUTH EASTERN POWER NETWORKS PLC NEWINGTON HOUSE, 237 SOUTHWARK BRIDGE ROAD, LONDON, SE1 6NP 03043097 2018-03-31 421,300,000 139,800,000
NORTHERN POWERGRID (YORKSHIRE) PLC LLOYDS COURT, 78 GREY STREET, NEWCASTLE UPON TYNE, NE1 6AF 04112320 2017-12-31 413,477,000 113,608,000
SP DISTRIBUTION PLC 320 ST. VINCENT STREET, GLASGOW, SCOTLAND, G2 5AD SC189125 2017-12-31 389,600,000 107,700,000
SCOTTISH HYDRO ELECTRIC POWER DISTRIBUTION PLC INVERALMOND HOUSE, 200 DUNKELD ROAD, PERTH, PH1 3AQ SC213460 2018-03-31 371,500,000 75,000,000
WESTERN POWER DISTRIBUTION (SOUTH WEST) PLC AVONBANK, FEEDER ROAD, BRISTOL, AVON, BS2 0TB 02366894 2018-03-31 364,400,000 147,700,000
NORTHERN POWERGRID (NORTHEAST) LIMITED LLOYDS COURT, 78 GREY STREET, NEWCASTLE UPON TYNE, NE1 6AF 02906593 2017-12-31 328,300,000 85,586,000
NPOWER DIRECT LIMITED WESTWOOD WAY, WESTWOOD BUSINESS PARK, COVENTRY, ENGLAND, CV4 8LG 03782443 2017-12-31 269,168,000 -38,223,000 35220-Distribution of gaseous fuels through mains
WESTERN POWER DISTRIBUTION (SOUTH WALES) PLC AVONBANK, FEEDER ROAD, BRISTOL, BS2 0TB 02366985 2018-03-31 245,800,000 88,500,000
POWER4ALL LIMITED LEGAL DEPARTMENT, ASDA HOUSE, SOUTHBANK GREAT WILSON STREET, LEEDS WEST YORKSHIRE, LS11 5AD 06222064 2017-12-31 109,898,000 2,608,000
UTILITYWISE PLC UTILITYWISE HOUSE 3 & 4 COBALT PARK WAY, COBALT BUSINESS PARK, NORTH TYNESIDE, TYNE AND WEAR, NE28 9EJ 05849580 2017-07-31 67,756,000 -27,127,000 70229-Management consultancy activities other than financial management
74901-Environmental consulting activities
SSE RENEWABLES WALNEY (UK) LIMITED 5TH FLOOR, 20, FENCHURCH STREET, LONDON, ENGLAND, EC3M 3BY 07541609 2018-03-31 52,100,000 21,700,000
SJS SWITCHGEAR SERVICES LIMITED THE WILLOWS, ARNCLIFFE RISE, OLDHAM, ENGLAND, OL4 2LZ 08907688 2018-03-31 164,750 0
EMOL ELECTRICAL LIMITED 150 HAWTHORNE AVE, GILLINGHAM, UNITED KINGDOM, ME8 6YF 10388623 2018-09-30 104,699 0
SMK JOINTING LIMITED 42 AKETON ROAD, CASTLEFORD, ENGLAND, WF10 5DL 10728435 2018-04-30 85,405 0
ART HEATING PLUMBING LIMITED 139 LINKS ROAD, LONDON, ENGLAND, SW17 9EW 06496076 2018-02-28 73,746 0 43220-Plumbing, heat and air-conditioning installation
43341-Painting
BUSINESS ENERGY ADVISORS LTD ASPEN HOUSE, 16 TULIP WALK 16 TULIP WALK, ROGERSTONE, NEWPORT, WALES, NP10 9LF 04936569 2017-10-31 72,765 0 35220-Distribution of gaseous fuels through mains
DELLIAN LTD 29 NEW STREET, LYDD, ROMNEY MARSH, KENT, ENGLAND, TN29 9DJ 09793552 2018-09-30 65,161 0
HTS TOTTON LIMITED 80 RUSHINGTON LANE, TOTTON, SOUTHAMPTON, HAMPSHIRE, UNITED KINGDOM, SO40 9AJ 10422268 2018-10-31 53,805 0
RON EVANS ELECTRICAL LTD 72A DOUGLAS AVENUE, WHITSTABLE, ENGLAND, CT5 1RU 05552424 2018-04-05 45,154 0
HARDY'S ELECTRICAL SERVICES LIMITED 6 YEOVIL ROAD, MONTACUTE, SOMERSET, ENGLAND, TA15 6XG 09799483 2019-03-31 36,198 0
NICKE ELECTRICAL DISTRIBUTION CONSTRUCTION LTD 2A MELBOURNE ROAD, CHATHAM, ENGLAND, ME4 5PD 09672424 2018-07-31 34,894 0
CRISTIAN ELECTRICAL SERVICES LTD 33 HAIG GARDENS, GRAVESEND, KENT, UNITED KINGDOM, DA12 1NE 08448874 2018-03-31 21,247 0
GRAHAM BROWN ELECTRICAL LTD 152 DARLAND AVENUE, GILLINGHAM, ENGLAND, ME7 3AS 05552419 2018-04-05 17,740 0
TGGE LTD 3F EDEN STREET, DUNDEE, UNITED KINGDOM, DD4 6HL SC534218 2019-05-31 16,654 0
G.W. FIRTH ELECTRICAL LIMITED 100 SPORTS ROAD, GLENFIELD, LEICESTER, LEICESTERSHIRE, LE3 8AJ 03847175 2017-09-30 9,488 0
ZYNERGY POWER LIMITED AIDAN HOUSE, AIDEN HOUSE, SUNDERLAND ROAD, GATESHEAD, ENGLAND, NE8 3HU 10435983 2017-10-31 2,433 0
BALTIC ELECTRO LIMITED SARATON HOUSE, 157, WEST END LANE, WEST HAMPSTEAD, LONDON, NW6 2LG 06158904 2019-03-31 1,000 0
GORDON'S ENERGY SERVICES LIMITED 59 CHAPEL STREET, ABERDEEN, SCOTLAND, AB10 1SS SC541920 2018-08-31 0 0 42110-Construction of roads and motorways
42220-Construction of utility projects for electricity and telecommunications
70229-Management consultancy activities other than financial management
ESBNI LIMITED 2 ELECTRA ROAD, MAYDOWN, LONDONDERRY, NORTHERN IRELAND, BT47 6UL NI603561 0000-00-00 0 0
INOVYN ENERGY LIMITED BANKES LANE OFFICE, BANKES LANE, RUNCORN, CHESHIRE, UNITED KINGDOM, WA7 4EL 02076043 0000-00-00 0 0
OVO (S) ENERGY SERVICES LIMITED 1 RIVERGATE, TEMPLE QUAY, BRISTOL, ENGLAND, BS1 6ED 11046212 0000-00-00 0 0 35220-Distribution of gaseous fuels through mains
SCOTTISH AND SOUTHERN ENERGY POWER DISTRIBUTION LIMITED INVERALMOND HOUSE, 200 DUNKELD ROAD, PERTH, PH1 3AQ SC213459 0000-00-00 0 0
WESTERN POWER DISTRIBUTION PLC AVONBANK, FEEDER ROAD, BRISTOL, AVON, BS2 0TB 09223384 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
EDF ENERGY CUSTOMERS LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.8% 3.8% 7.5% Medium
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