VATTENFALL NETWORKS LTD

5TH FLOOR 70, ST MARY AXE, LONDON, EC3A 8BE

Previous name: BORDER WIND FARMS LIMITED (changed on 11-Apr-2017)

Company Number: 02731769
Incorporation date: 16-Jul-1992
Status: Active
Entity type: Private Limited Company

SIC codes:
35130 Distribution of electricity





SUMMARY

This company is 31.7 years old and is currently active. It is controlled by Vattenfall Ab. The company has negative equity (net assets) of GBP -3.3 million which has worsened since the previous year's figure of GBP -2.9 million. The latest reported revenue figure is GBP 250The 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 -3.3 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 3 active officers (directors or partners) who are or were officers of 2 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases 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 250 -1,113,607 -437,441
31-Dec-2018 GBP -2,047,477 2 -2,056,120
31-Dec-2017 GBP -850,411 -850,411
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 1,946,036 5,429,006 2 -3,343,972 -3,343,970
31-Dec-2018 GBP 96,772 3,003,301 2 -2,906,531 -2,906,529
31-Dec-2017 GBP 67,902 918,311 2 -850,411 -850,409
31-Dec-2016 GBP 2 2 2

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Darren John REEVE 01 Jun 2018 28 Mar 2024 1 - 0
Resigned Jonas VAN MANSFELD 11 Jul 2016 01 Jun 2018 0 - 1
Resigned Graham Thomas ELLIOTT 01 Jan 2014 31 Oct 2014 0 - 1
Resigned Aili Eva Margareta SOMERO SORENSON 06 Oct 2008 28 Apr 2010 0 - 21
Resigned Christopher Laskey FIDLER 29 May 2003 06 Oct 2008 British 10 - 325
Resigned Colin FELLOWES 31 Mar 2000 29 May 2003 3 - 137
Resigned David John STILL 16 Jul 1992 31 Mar 2000 7 - 29

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Ingela Birgitta HÅLLING 02 May 2023 Director Swedish 1 - 00 (0.0%)
Active Annika Maria VIKLUND 01 Dec 2022 Director Swedish 1 - 00 (0.0%)
Resigned Karin IFWER 01 Jul 2021 22 Mar 2023 Director Swedish 0 - 20 (0.0%)
Active Donald James Stewart DAWSON 19 Sep 2017 Director British 3 - 20 (0.0%)
Resigned Donald James Stewart DAWSON 11 Sep 2017 11 Sep 2017 Managing Director British 3 - 20 (0.0%)
Resigned Jesper KARPSEN 03 Apr 2017 01 Dec 2022 Director Danish 0 - 20 (0.0%)
Resigned Thomas Otto SCHÄFER 03 Apr 2017 31 Mar 2021 Director German 0 - 20 (0.0%)
Resigned Alper ELMAS 01 Jul 2015 03 Apr 2017 Director Cypriot 0 - 163 (18.8%)
Resigned Anna Barbara PYTEL 01 Jan 2014 01 Jul 2015 Finance Director Polish 0 - 71 (14.3%)
Resigned Piers Basil GUY 01 Jan 2014 03 Apr 2017 Uk Development Director British 2 - 314 (12.1%)
Resigned Alberto MENDEZ REBOLLO 16 Apr 2013 28 Jan 2014 Director Spanish 0 - 82 (25.0%)
Resigned Peter LOVGREN 28 Apr 2010 15 Apr 2013 None Swedish 0 - 152 (13.3%)
Resigned Anders DAHL 06 Oct 2008 15 Apr 2013 Managing Director Swedish 0 - 224 (18.2%)
Resigned Aili Eva Margareta SOMERO SORENSON 06 Oct 2008 28 Apr 2010 Head Of Controlling Swedish 0 - 213 (14.3%)
Resigned Peter Johan WESSLAU 06 Oct 2008 28 Jan 2014 Head Of Business Control & Strategy Swedish 0 - 255 (20.0%)
Resigned AMEC NOMINEES LIMITED 29 May 2003 06 Oct 2008 6 - 13760 (42.0%)
Resigned Peter James HOLLAND 29 May 2003 06 Oct 2008 Chartered Accountant British 0 - 10257 (55.9%)
Resigned AMEC NOMINEES LIMITED 11 Mar 2002 29 May 2003 6 - 13760 (42.0%)
Resigned Peter James HOLLAND 11 Mar 2002 29 May 2003 Chartered Accountant British 0 - 10257 (55.9%)
Resigned David John STILL 01 May 2000 11 Mar 2002 Director British 7 - 299 (25.0%)
Resigned Neil Alexander BRUCE 01 May 2000 11 Mar 2002 Director British 0 - 165 (31.3%)
Resigned Richard John CORKE 31 Mar 2000 11 Mar 2002 Commercial Director British 0 - 61 (16.7%)
Resigned Michael STRAUGHEN 31 Mar 2000 01 May 2000 General Manager British 0 - 324 (12.5%)
Resigned Grant Richmond LING 31 Mar 2000 15 Feb 2002 Co Director British 0 - 8216 (19.5%)
Resigned William GRAINGER 16 Jul 1992 31 Mar 2000 Engineer British 0 - 80 (0.0%)
Resigned CORPORATE NOMINEE SERVICES LIMITED 16 Jul 1992 16 Jul 1992 0 - 730309 (42.3%)
Resigned David John STILL 16 Jul 1992 31 Mar 2000 Wind Farm Manager British 7 - 299 (25.0%)
Resigned CORPORATE NOMINEE SECRETARIES LIMITED 16 Jul 1992 16 Jul 1992 0 - 757325 (42.9%)
Number of active directors: 3
Average tenure of active directors: 2.9 years
Average tenure of resigned directors: 2.8 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
VATTENFALL NETWORK SOLUTIONS LTD (02692708) - Active
VATTENFALL NETWORKS LTD (02731769) - Active
EC BUSINESS IMPROVEMENT DISTRICT LIMITED (12096445) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-06-082017-06-082016-06-082015-06-082014-06-08
VATTENFALL ABORDINARY15,000,002
100%
2
100%
0
0%
0
0%
0
0%
VATTENFALL WIND POWER LTDORDINARY0
0%
0
0%
2
100%
2
100%
2
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

VATTENFALL NETWORKS LTD

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

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
VATTENFALL NETWORKS LTD 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 0.7% 3.5% 7.0% Medium
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