SSE HORNSEA LIMITED

NO.1 FORBURY PLACE, 43 FORBURY ROAD, READING, RG1 3JH

Company Number: 04467860
Incorporation date: 24-Jun-2002
Status: Active
Entity type: Private Limited Company

SIC codes:
35220 Distribution of gaseous fuels through mains





SUMMARY

This company is 21.8 years old and is currently active. It is controlled by Sse Plc. The company has 12 active officers (directors or partners) who are or were officers of 56 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: 31-Dec-2024
Accounts Filed: FULL (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2019 GBP
31-Mar-2018 GBP -6,500,000 200,000 14,500,000 8,400,000
31-Mar-2017 GBP 294,600,000 -36,000,000 600,000 14,800,000 -44,600,000
31-Mar-2016 GBP 220,700,000 -146,900,000 700,000 14,500,000 27,600,000 -233,100,000
31-Mar-2015 GBP 221,400,000 -160,000,000 16,200,000 25,900,000 -150,300,000
31-Mar-2014 GBP -109,800,000 16,000,000 28,600,000 -97,200,000
31-Mar-2013 GBP 112,700,000 18,200,000 10,000,000 200,000 8,000,000
31-Mar-2012 GBP 82,200,000 7,300,000 -700,000 -46,200,000
31-Mar-2011 GBP 72,700,000 -3,400,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2019 GBP 12,000,000 42,000,000 6,000,000
31-Mar-2018 GBP 61,800,000 21,400,000 240,000,000 126,900,000 -409,700,000
31-Mar-2017 GBP 85,000,000 25,700,000 240,000,000 126,900,000 -391,300,000
31-Mar-2016 GBP 100,300,000 23,500,000 240,000,000 126,900,000 -346,700,000
31-Mar-2015 GBP 13,500,000 27,900,000 240,000,000 126,900,000 -213,800,000
31-Mar-2014 GBP 101,800,000 30,200,000 300,000,000 126,900,000 -63,700,000 63,200,000
31-Mar-2013 GBP 101,700,000 29,800,000 300,000,000 126,900,000 33,500,000 160,400,000
31-Mar-2012 GBP 14,900,000 33,300,000 200,000,000 126,900,000 25,100,000 152,000,000
31-Mar-2011 GBP 29,600,000 23,200,000 200,000,000 126,900,000 41,200,000 168,100,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Mar-2019 GBP -2,015.00% -120,900,000 126,900,000 6,000,000 207,450,000
* 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)
Resigned Yvonne Louise TAYLOR-ROBERTSON 04 Nov 2015 10 Nov 2020 0 - 1
Resigned Sally FAIRBAIRN 10 Dec 2014 04 Nov 2015 0 - 1
Resigned Lawrence John Vincent DONNELLY 03 Mar 2011 10 Dec 2014 0 - 1
Resigned Peter Grant LAWNS 12 Feb 2009 03 Mar 2011 British 4 - 25
Resigned Ailsa Mary GRAY 30 Sep 2002 12 Feb 2009 0 - 29
Resigned Yehuda COHEN 23 Jul 2002 30 Sep 2002 2 - 11

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Hannah Zoe BRONWIN 18 Apr 2023 Company Director British 31 - 20 (0.0%)
Active John JOHNSON 18 Apr 2023 Company Director Irish 16 - 20 (0.0%)
Active Hannah Zoe BRONWIN 18 Apr 2023 Company Director British 29 - 10 (0.0%)
Active Zahida ZAKIR 18 Apr 2023 Company Director British 20 - 00 (0.0%)
Active Charles CRYANS 18 Apr 2023 Company Director British 20 - 90 (0.0%)
Active Mandy MACKAY 18 Apr 2023 Company Director British 1 - 00 (0.0%)
Active Catherine RAW 07 Jul 2022 Company Director British 19 - 00 (0.0%)
Resigned Stephen WHEELER 16 Apr 2021 16 Dec 2021 Company Director Irish 26 - 282 (3.7%)
Active Mark Richard HAYWARD 09 Nov 2020 Manager British 34 - 100 (0.0%)
Active Adrian Marc James RUDD 16 Oct 2019 Chartered Mechanical Engineer British 17 - 10 (0.0%)
Active Ann Miriam Georgina GRAY 16 Oct 2019 Company Director British 27 - 60 (0.0%)
Active Michael GILLATT 16 Oct 2019 Company Director British 1 - 80 (0.0%)
Active Martin BEATTIE 16 Oct 2019 Accountant British 20 - 40 (0.0%)
Resigned Stephen WHEELER 27 Sep 2019 09 Nov 2020 Company Director Irish 26 - 282 (3.7%)
Resigned James Isaac SMITH 15 Mar 2018 27 Sep 2019 Engineer British 2 - 11320 (17.4%)
Resigned Elizabeth Anne TANNER 04 Jan 2017 15 Mar 2018 Barrister British 0 - 346 (17.6%)
Resigned Alastair Iain CLELAND 22 May 2012 16 Oct 2019 Business Manager British 0 - 10 (0.0%)
Resigned Paul Richard SMITH 30 Sep 2002 22 May 2012 Chartered Engineer British 0 - 479 (19.1%)
Resigned Fraser Mcgregor ALEXANDER 30 Sep 2002 04 Jan 2017 Chartered Accountant British 4 - 6817 (23.6%)
Resigned John Matthew BOARDMAN 23 Jul 2002 26 Sep 2002 Finance Director American 0 - 41 (25.0%)
Resigned Nigel John WAKEFIELD 23 Jul 2002 30 Sep 2002 Asset Manager British 0 - 41 (25.0%)
Resigned Michael Edwin FLINN 23 Jul 2002 30 Sep 2002 President Europe American 0 - 52 (40.0%)
Resigned David Naughton KEANE 23 Jul 2002 30 Sep 2002 Business Executive British 0 - 41 (25.0%)
Resigned John Richard OLIVER 23 Jul 2002 30 Sep 2002 Operations Manager British 0 - 52 (40.0%)
Resigned Matthew Giles SCRIMSHAW 23 Jul 2002 30 Sep 2002 Business Executive British 0 - 1612 (75.0%)
Resigned Martin Edgar RICHARDS 24 Jun 2002 23 Jul 2002 British 0 - 873442 (50.6%)
Resigned CLIFFORD CHANCE SECRETARIES LIMITED 24 Jun 2002 23 Jul 2002 0 - 19461092 (56.1%)
Resigned Matthew Robert LAYTON 24 Jun 2002 23 Jul 2002 British 0 - 565330 (58.4%)
Number of active directors: 12
Average tenure of active directors: 2.4 years
Average tenure of resigned directors: 2.3 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
SLOUGH HEAT & POWER LIMITED (00174142) - Active
SSE GENERATION LIMITED (02310571) - Active
SLOUGH ENERGY SUPPLIES LIMITED (02474514) - Active
SSE PRODUCTION SERVICES LIMITED (02499702) - Active
MEDWAY POWER LIMITED (02537903) - Active
SEABANK POWER LIMITED (02591188) - Active
SSE SEABANK INVESTMENTS LIMITED (02631512) - Active
SSE MEDWAY OPERATIONS LIMITED (02647585) - Active
KEADBY DEVELOPMENTS LIMITED (02691516) - Active
KEADBY GENERATION LIMITED (02729513) - Active
SSEPG (OPERATIONS) LIMITED (02764438) - Active
FIBRE FUEL LIMITED (02902165) - Active
FIBRE POWER (SLOUGH) LIMITED (02902170) - Active
SLOUGH ELECTRICITY CONTRACTS LIMITED (02902219) - Active
POWER FROM WASTE LIMITED (02902302) - Active
INDIAN QUEENS POWER LIMITED (02928100) - Active
SALTEND COGENERATION COMPANY LIMITED (03274929) - Active
SLOUGH DOMESTIC ELECTRICITY LIMITED (03486588) - Active
SLOUGH UTILITY SERVICES LIMITED (03486590) - Active
SSE MINERAL SOLUTIONS LIMITED (04146274) - Active
MARCHWOOD POWER LIMITED (04229146) - Active
SALTEND OPERATIONS COMPANY LIMITED (04241615) - Active
SSE HORNSEA LIMITED (04467860) - Active
SIMEC USKMOUTH POWER LIMITED (05104786) - Active
THE CARBON CAPTURE AND STORAGE ASSOCIATION (05650208) - Active
SSE INSOURCE ENERGY LIMITED (05888980) - Active
SSE ROGERSTONE LIMITED (06312223) - Active
RESTLESS DEVELOPMENT (06741123) - Active
SSE USKMOUTH ACQUISITION COMPANY LIMITED (06917629) - Active
ENFINIUM FERRYBRIDGE 1 LIMITED (07712297) - Active
RENEWI BDR HOLDINGS LIMITED (07820781) - Active
RENEWI BDR LIMITED (07820886) - Active
SSE SEABANK LAND INVESTMENTS LIMITED (07877772) - Active
ENERGY SYSTEMS CATAPULT LIMITED (08705784) - Active
DEESIDE POWER (UK) LIMITED (08887001) - Active
ENFINIUM FERRYBRIDGE 2 LIMITED (09685158) - Active
SSE SLOUGH MULTIFUEL LIMITED (11271136) - Active
SCCL HOLDINGS LTD (11503714) - Active
SSE SLOUGH MULTIFUEL HOLDCO LIMITED (12525388) - Active
DEESIDE POWER OPERATIONS LIMITED (12549459) - Active
SSE THERMAL ENERGY HOLDINGS LIMITED (12650549) - Active
SSE MULTIFUEL GENERATION HOLDINGS LIMITED (12661566) - Active
SSE THERMAL GENERATION HOLDINGS LIMITED (12662248) - Active
SSE THERMAL ENERGY OPERATIONS LIMITED (12697902) - Active
SEVERNSIDE CARBON CAPTURE AND SHIPPING HUB LTD (14247126) - Active
H2NE PARENTCO LIMITED (14538885) - Active
H2NORTHEAST LIMITED (14538969) - Active
SSE LOW CARBON HOLDINGS LIMITED (15052653) - Active
SSE LOW CARBON DEVELOPMENTS LIMITED (15069108) - Active
SSE HYDROGEN HOLDINGS LIMITED (15231331) - Active
SSE HYDROGEN DEVELOPMENTS LIMITED (15238086) - Active
ALDBROUGH PATHFINDER LIMITED (15238323) - Active
FERRYBRIDGE HYDROGEN LIMITED (15238441) - Active
ENFINIUM ENERGY LIMITED (SC286672) - Active
INSTANT IMPACT GARDENS LIMITED (SC299676) - Active
ENFINIUM ENERGY 2 LIMITED (SC573334) - Active
SSE THERMAL GENERATION (SCOTLAND) LIMITED (SC664055) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-06-162015-08-012014-08-012013-08-012012-08-01
SSE PLCORDINARY126,942,309
100%
126,942,309
100%
126,942,309
100%
126,942,309
100%
126,942,309
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES


    • >75%:Sse Plc (Sc117119 - United Kingdom) active

    Controlling entities above

    SSE HORNSEA LIMITED

    no controlled companies

    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
    2023-04-01 2023-09-30 27 1% 26% 77046
    2022-10-01 2023-03-31 27 2% 21% 70644
    2022-04-01 2022-09-30 28 1% 16% 64160
    2021-10-01 2022-03-31 32 3% 20% 57526
    2021-04-01 2021-09-30 28 3% 29% 51218
    2020-10-01 2021-03-31 28 4% 31% 44075
    2020-04-01 2020-09-30 26 5% 30% 37353
    2019-10-01 2020-03-31 29 3% 34% 30409
    2019-04-01 2019-09-30 37 11% 74% 23602
    2018-10-01 2019-03-31 30 6% 92% 14609
    2018-04-01 2018-09-30 39 11% 90% 7546


    COURT CASES


    No Court Cases found

    PATENTS


    No Patents found

    COMPETITORS

    (Based on Sic code: 35220 Distribution of gaseous fuels through mains)

    Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
    CADENT GAS LIMITED CADENT, PILOT WAY, ANSTY, COVENTRY, ENGLAND, CV7 9JU 10080864 2018-03-31 1,852,000,000 465,000,000
    SOUTHERN ELECTRIC GAS LIMITED 1 RIVERGATE, TEMPLE QUAY, BRISTOL, ENGLAND, BS1 6ED 02716495 2018-03-31 1,424,000,000 151,500,000
    SOUTHERN GAS NETWORKS PLC ST LAWRENCE HOUSE, STATION APPROACH, HORLEY, SURREY, RH6 9HJ 05167021 2018-03-31 746,100,000 159,300,000
    WALES & WEST UTILITIES LIMITED WALES & WEST HOUSE, SPOONER CLOSE COEDKERNEW, NEWPORT, SOUTH WALES, NP10 8FZ 05046791 2018-03-31 425,200,000 -600,000
    SCOTLAND GAS NETWORKS PLC AXIS HOUSE 5 LONEHEAD DRIVE, NEWBRIDGE, EDINBURGH, SCOTLAND, EH28 8TG SC264065 2018-03-31 336,700,000 49,600,000
    SSE HORNSEA LIMITED NO.1 FORBURY PLACE, 43 FORBURY ROAD, READING, UNITED KINGDOM, RG1 3JH 04467860 2018-03-31 317,600,000 -18,400,000
    ENGIE GAS LIMITED NO. 1 LEEDS, 26 WHITEHALL ROAD, LEEDS, LS12 1BE 03814495 2017-12-31 312,063,000 -1,083,000 46120-Agents involved in the sale of fuels, ores, metals and industrial chemicals
    ENGIE FM LIMITED FIRST FLOOR, NEON Q10 QUORUM BUSINESS PARK, BENTON LANE, NEWCASTLE UPON TYNE, ENGLAND, NE12 8BU 00665702 2014-12-31 269,062,000 -4,010,000 35300-Steam and air conditioning supply
    43220-Plumbing, heat and air-conditioning installation
    81100-Combined facilities support activities
    NPOWER GAS LIMITED C/O NPOWER LIMITED, WESTWOOD WAY, WESTWOOD BUSINESS PARK, COVENTRY, ENGLAND, CV4 8LG 02999919 2017-12-31 197,513,000 -2,040,000
    SONATRACH GAS MARKETING UK LIMITED FIFTH FLOOR PANTON HOUSE, 25-26 HAYMARKET, LONDON, SW1Y 4EN 05646983 2017-12-31 124,197,019 1,487,268
    NPOWER COMMERCIAL GAS LIMITED WESTWOOD WAY, WESTWOOD BUSINESS PARK, COVENTRY, ENGLAND, CV4 8LG 03768856 2017-12-31 77,651,000 5,026,000
    REGENT GAS LIMITED REGENT HOUSE, KENDAL AVENUE, LONDON, W3 0XA 03117150 2018-03-31 65,444,310 0 35230-Trade of gas through mains
    INDEPENDENT PIPELINES LIMITED SYNERGY HOUSE WINDMILL AVENUE, WOOLPIT, BURY ST. EDMUNDS, ENGLAND, IP30 9UP 02828692 2017-12-31 48,361,256 25,969,252
    AIR LIQUIDE ADVANCED BUSINESS AND TECHNOLOGIES UK LIMITED 13TH FLOOR ALPHA TOWER, SUFFOLK STREET QUEENSWAY, BIRMINGHAM, ENGLAND, B1 1TT 08676392 2017-12-31 366,586 0
    L.D PIPELINES LTD 4 STATION COURT, GIRTON ROAD, CANNOCK, STAFFORDSHIRE, WS11 0EJ 08412761 2019-03-31 315,924 0
    PROTHERMAL ENGINEERING SERVICES LIMITED 41 ELMDON PARK ROAD, SOLIHULL, WEST MIDLANDS, ENGLAND, B92 9HB 09993401 2018-03-31 140,400 0
    TERENCE HAYES GAS INSTALLATIONS LTD 66 THORNLEIGH GARDENS, BANGOR, CO DOWN, BT20 4NP NI062777 2018-03-31 62,350 0
    SIMONS UTILITIES LTD 228 MIDDLEWOOD ROAD, SHEFFIELD, UNITED KINGDOM, S6 1TE 09684034 2017-07-31 37,528 0
    ABLE GAS HEATING LTD 5 MAULDETH ROAD WEST 5 MAULDETH ROAD WEST, WITHINGTON, MANCHESTER, LANCASHIRE, ENGLAND, M20 3WB 10366249 2018-09-30 26,208 0 35230-Trade of gas through mains
    46190-Agents involved in the sale of a variety of goods

    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
    SSE HORNSEA 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 0.5% 1.8% 3.9% Medium
    Sic code count 0.7% 3.5% 7.0% Medium
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