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THE ELECTRICITY NETWORK COMPANY LIMITED
SYNERGY HOUSE WINDMILL AVENUE, WOOLPIT, BURY ST. EDMUNDS, IP30 9UPPrevious name: DE FACTO 1307 LIMITED (changed on 27-Feb-2006)
Company Number: 05581824
Incorporation date: 04-Oct-2005
Status: Active
Entity type: Private Limited Company
SIC codes:
35120 Transmission of electricity
SUMMARY
This company is 18.5 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 51.4 million which has increased from GBP 10.5 million in the previous year. The latest reported revenue figure is GBP 48.7 million which is up 30% on previous year's figure of GBP 38 million. The company has 4 active officers (directors or partners) who are or were officers of 56 other companies, 8 (14.3%) 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 are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts 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 | 48,672,684 | 6,834,254 | 2,806,315 | 673,101 | 3,354,838 | |
31-Dec-2018 | GBP | 38,001,055 | 7,169,217 | 1,240 | 2,241,743 | 833,562 | 4,095,152 |
31-Dec-2017 | GBP | 30,317,897 | 6,613,809 | 186 | 1,575,689 | 990,168 | 4,048,138 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 1,644 | 9,347,036 | 64,006,053 | 3 | 51,403,615 | 51,403,618 | ||
31-Dec-2018 | GBP | 6,249 | 7,295,085 | 77,817,406 | 2 | 10,548,778 | 10,548,780 | ||
31-Dec-2017 | GBP | 888,076 | 6,927,455 | 61,791,224 | 2 | 6,453,626 | 6,453,628 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 33.33% | 1 | 2 | 3 | -3,944 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Edward Andrew MANNING | 06 Nov 2023 | 28 Mar 2024 | 1 - 0 | ||
Resigned | Susan Lisa STANDRING | 18 Aug 2016 | 20 Apr 2022 | 0 - 1 | ||
Active | Christopher MUMFORD | 05 Mar 2013 | 28 Mar 2024 | 1 - 0 | ||
Resigned | Simon John LEE | 13 Feb 2009 | 17 Jun 2016 | Financial Controller | British | 0 - 3 |
Resigned | Barry Roy LARGENT | 24 Feb 2006 | 13 Feb 2009 | 0 - 7 | ||
Resigned | TRAVERS SMITH SECRETARIES LIMITED | 04 Oct 2005 | 24 Feb 2006 | 0 - 707 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Richard Mark BRETT | 28 Jul 2023 | Company Director | British | 27 - 2 | 2 (6.9%) | |
Resigned | Nicola Ruth HINDLE | 14 Apr 2021 | 20 Dec 2023 | Company Director | British | 0 - 38 | 0 (0.0%) |
Active | John TROUNSON | 01 Dec 2017 | Director | British | 10 - 0 | 0 (0.0%) | |
Resigned | Darryl John CORNEY | 09 Aug 2013 | 28 Jul 2023 | Company Director | British | 0 - 85 | 25 (29.4%) |
Active | David Walter OVERMAN | 08 May 2012 | Electricity Networks Manager | British | 2 - 1 | 0 (0.0%) | |
Active | Clive Eric LINSDELL | 01 Jun 2006 | Managing Director | British | 31 - 27 | 9 (15.5%) | |
Resigned | Michael Roy RICHARDS | 24 Feb 2006 | 30 Sep 2006 | Chartered Accountant | British | 7 - 18 | 2 (8.0%) |
Resigned | Dawn Caroline MORGAN | 24 Feb 2006 | 31 Oct 2011 | Director | British | 0 - 12 | 0 (0.0%) |
Resigned | Neil Edward SHAW | 24 Feb 2006 | 31 Dec 2013 | Managing Directors | British | 2 - 28 | 1 (3.3%) |
Resigned | TRAVERS SMITH SECRETARIES LIMITED | 04 Oct 2005 | 24 Feb 2006 | 0 - 707 | 287 (40.6%) | ||
Resigned | TRAVERS SMITH LIMITED | 04 Oct 2005 | 24 Feb 2006 | 0 - 268 | 110 (41.0%) |
Average tenure of active directors: 9.2 years
Average tenure of resigned directors: 3.9 years
Average active director Dissolution Rate: 5.6%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2020-10-04 | 2015-10-04 | 2014-10-04 | 2013-10-04 | 2012-10-04 | ||
GTC INFRASTRUCTURE LIMITED | ORDINARY | 3 100% | 0 0% | 0 0% | 0 0% | 0 0% |
THE GAS TRANSPORTATION COMPANY LIMITED | ORDINARY | 0 0% | 2 100% | 2 100% | 2 100% | 2 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
THE ELECTRICITY NETWORK COMPANY LIMITED
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:
35120 Transmission of electricity)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
SCOTTISHPOWER ENERGY MANAGEMENT LIMITED | 320 ST. VINCENT STREET, GLASGOW, SCOTLAND, G2 5AD | SC215843 | 2017-12-31 | 5,248,300,000 | -25,800,000 |
35220-Distribution of gaseous fuels through mains |
NATIONAL GRID ELECTRICITY TRANSMISSION PLC | 1 - 3 STRAND, LONDON, WC2N 5EH | 02366977 | 2018-03-31 | 4,158,000,000 | 689,000,000 | |
SCOTTISHPOWER ENERGY RETAIL LIMITED | 320 ST. VINCENT STREET, GLASGOW, SCOTLAND, G2 5AD | SC190287 | 2017-12-31 | 3,770,100,000 | -14,800,000 |
35220-Distribution of gaseous fuels through mains |
NPOWER NORTHERN LIMITED | C/O NPOWER LIMITED, WESTWOOD WAY, WESTWOOD BUSINESS PARK, COVENTRY, ENGLAND, CV4 8LG | 03432100 | 2017-12-31 | 1,889,000,000 | -104,000,000 | |
SP TRANSMISSION PLC | 320 ST. VINCENT STREET, GLASGOW, SCOTLAND, G2 5AD | SC189126 | 2017-12-31 | 338,100,000 | 149,100,000 | |
SCOTTISH HYDRO ELECTRIC TRANSMISSION PLC | INVERALMOND HOUSE, 200 DUNKELD ROAD, PERTH, PH1 3AQ | SC213461 | 2018-03-31 | 325,800,000 | 131,100,000 | |
NORTHERN IRELAND ELECTRICITY NETWORKS LIMITED | 120 MALONE ROAD, BELFAST, BT9 5HT | NI026041 | 2018-12-31 | 275,800,000 | 55,000,000 |
35130-Distribution of electricity |
NPOWER YORKSHIRE LIMITED | C/O NPOWER LIMITED, WESTWOOD WAY, WESTWOOD BUSINESS PARK, COVENTRY, ENGLAND, CV4 8LG | 03937808 | 2017-12-31 | 151,379,000 | -23,613,000 | |
BRITNED DEVELOPMENT LIMITED | 1-3 STRAND, LONDON, WC2N 5EH | 04251409 | 2017-12-31 | 145,700,000 | 89,800,000 | |
NATIONAL GRID INTERCONNECTORS LIMITED | 1-3 STRAND, LONDON, WC2N 5EH | 03385525 | 2018-03-31 | 86,753,000 | 52,920,000 | |
ENEL X UK LIMITED | EPWORTH HOUSE, 25 CITY ROAD, LONDON, ENGLAND, EC1Y 1AA | 06937931 | 2017-12-31 | 5,059,469 | 0 |
46180-Agents specialized in the sale of other particular products |
HARGRAVE CONSULTING LIMITED | 2 CROSSFIELDS, ST. ALBANS, HERTFORDSHIRE, AL3 4NF | 04245286 | 2017-12-31 | 175,335 | 0 |
42220-Construction of utility projects for electricity and telecommunications |
PRO-FIT CONTRACTORS LTD | 76 LEATFIELD DRIVE, DERRIFORD, PLYMOUTH, UNITED KINGDOM, PL6 5HL | 09488934 | 2018-03-31 | 168,456 | 0 | |
CHRIS HEZLETT LTD | SUITE 3 GRAPES HOUSE, 79A HIGH STREET, ESHER, ENGLAND, KT10 9QA | 08423711 | 2018-02-28 | 94,719 | 0 | |
SCARLETTE HAZE LTD | 15 ESSENDINE ROAD, MAIDA VALE, LONDON, W9 2LT | 08485909 | 2018-04-30 | 23,352 | 0 | |
FS PORT OF TYNE LIMITED | C/O GRESHAM HOUSE ASSET MANAGEMENT LIMITED, 5 NEW STREET SQUARE, LONDON, ENGLAND, EC4A 3TW | 10272711 | 2018-10-31 | 0 | 0 |
35130-Distribution of electricity 42220-Construction of utility projects for electricity and telecommunications 96090-Other service activities not elsewhere classified |
HERITAGE ENERGY LIMITED | 31B ENTERPRISE WAY ENTERPRISE WAY, THORNTON ROAD INDUSTRIAL ESTATE, PICKERING, NORTH YORKSHIRE, YO18 7NA | 07338760 | 2018-08-31 | 0 | 0 | |
KUBON LIMITED | 1 ROSEGARTH, SLYNE, LANCASTER, LA2 6AT | 09107737 | 2018-06-30 | 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 |
---|---|---|---|---|
THE ELECTRICITY NETWORK COMPANY LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.4% | 1.7% | 3.3% | 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 |