UTILITYWISE PLC

UTILITYWISE HOUSE 3 & 4 COBALT PARK WAY, COBALT BUSINESS PARK, NORTH TYNESIDE, TYNE AND WEAR, NE28 9EJ

Previous name: COMMERCIAL UTILITY BROKERS LIMITED (changed on 23-Jun-2010)

Company Number: 05849580
Incorporation date: 19-Jun-2006
Status: Active
Entity type: Public Limited Company

SIC codes:
35130 Distribution of electricity
70229 Management consultancy activities other than financial management
74901 Environmental consulting activities



SUMMARY

This company is 18 years old and is currently active. It is controlled by Woodford Investment Management Limited. The company has negative equity (net assets) of GBP -15.6 million which has worsened since the previous year's figure of GBP 59.4 million. The latest reported revenue figure is GBP 67.8 millionThe 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. . 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: 31-Jan-2018
Accounts Filed: GROUP (31-Jul-2016)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Jul-2017 GBP 67,756,000 -9,535,000 1,777,000 765,000 8,523,000
31-Jul-2016 GBP


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Jul-2017 GBP 10,076,000 37,929,000 64,437,000 73,000 14,667,000 40,087,000 -15,641,000
31-Jul-2016 GBP 12,984,660 33,199,838 23,494,761 78,081 14,129,557 34,320,207 59,388,950

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Jul-2017 GBP -6.96% 532,362 -8,180,940 -7,648,578 -19,445,089
* 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)
unknown Natalie Claire GERRARD 23 Mar 2018 27 May 2024 0 - 1
Resigned Richard Stephen LAKER 01 Jan 2018 23 Mar 2018 0 - 1
Resigned Julianne MCCORRY 01 Nov 2016 31 Dec 2017 0 - 1
Resigned Jonathan KEMPSTER 05 Nov 2014 01 Nov 2016 0 - 1
Resigned Andrew RICHARDSON 01 Jun 2010 05 Nov 2014 0 - 1
Resigned Jacqueline MCDONNELL 10 Jan 2007 01 Jun 2010 Accounts Manager British 0 - 7
Resigned Scott Michael LYDON 20 Jul 2006 10 Jan 2007 Director British 1 - 5
Resigned Pamela Jane THOMPSON 29 Jun 2006 20 Jul 2006 Company Secretary British 0 - 2

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Debra Jane DAVIES 01 Jul 2018 10 Oct 2019 Director British 3 - 30 (0.0%)
Resigned Kathleen CHILD-VILLIERS 01 Feb 2017 03 Oct 2019 Director American 5 - 10 (0.0%)
Resigned Richard Stephen LAKER 01 Jan 2017 07 Jul 2020 Director British 3 - 11182 (71.9%)
Resigned? Simon WAUGH 01 Nov 2016 Director British 0 - 10 (0.0%)
Resigned Brendan Peter FLATTERY 01 Oct 2016 07 Jul 2020 Director British 0 - 4237 (88.1%)
Resigned Richard Brinsley SHERIDAN 16 Nov 2015 15 Mar 2021 Chief Operating Officer British 0 - 114 (36.4%)
Resigned Steven ATTWELL 12 Aug 2015 08 Aug 2016 Managing Director British 0 - 20 (0.0%)
Resigned Jeremy Peter MIDDLETON 15 Oct 2013 13 Dec 2017 Director British 3 - 328 (22.9%)
Resigned Jonathan KEMPSTER 15 Oct 2013 31 Dec 2016 Director British 3 - 12748 (36.9%)
Resigned Simon Edward BUTTERFIELD 03 Jul 2013 06 Mar 2014 Director British 0 - 31 (33.3%)
Resigned Michael Anthony DENT 01 Dec 2012 28 Oct 2014 Director British 0 - 20 (0.0%)
Resigned Paul HAILES 10 May 2012 30 Jan 2018 Non-Exec Director British 1 - 104 (36.4%)
Resigned Richard FEIGEN 10 May 2012 30 Jan 2018 Non-Exec Director British 2 - 2114 (60.9%)
Resigned Thomas Patrick MAXFIELD 10 May 2012 01 Feb 2017 Non-Executive Director British 3 - 179 (45.0%)
Resigned Andrew RICHARDSON 03 Nov 2009 27 Oct 2015 Director British 4 - 2717 (54.8%)
Resigned Geoffrey THOMPSON 22 Jan 2008 30 Jan 2018 Director British 5 - 142 (10.5%)
Resigned Geoffrey Adam THOMPSON 01 Oct 2006 28 Oct 2014 Director British 6 - 88 (57.1%)
Resigned Scott Michael LYDON 20 Jul 2006 02 Feb 2007 Director British 1 - 53 (50.0%)
Resigned Stephen Thomas WEAVERS 20 Jul 2006 24 Feb 2010 Director British 0 - 10 (0.0%)
Resigned Siona COPELAND 29 Jun 2006 15 Oct 2006 Director British 0 - 10 (0.0%)
Resigned Pamela Jane THOMPSON 29 Jun 2006 20 Jul 2006 Director British 0 - 20 (0.0%)
Resigned @UKPLC CLIENT SECRETARY LTD 19 Jun 2006 29 Jun 2006 1 - 77434374 (56.5%)
Resigned @UKPLC CLIENT DIRECTOR LTD 19 Jun 2006 29 Jun 2006 0 - 68063877 (57.0%)
No director information in our Database

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

No information on directors in other companies.

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-06-192014-06-192011-06-192010-06-19
AIM LISTEDORDINARY32,010,141
41.8%
33,166,173
45.8%
0
0%
0
0%
WOODFORD INVESTMENT MANAGEMENT LLPORDINARY18,492,367
24.1%
0
0%
0
0%
0
0%
GEOFFREY THOMPSONORDINARY8,546,101
11.2%
13,468,101
18.6%
7,000
70%
7,000
70%
RIVER AND MERCANTILE ASSET MANAGEMENT LLPORDINARY7,568,319
9.88%
0
0%
0
0%
0
0%
INVESCO PERPETUALORDINARY3,490,946
4.56%
8,639,138
11.9%
0
0%
0
0%
JEREMY MIDDLETONORDINARY3,287,559
4.29%
0
0%
0
0%
0
0%
GEOFFREY ADAM THOMPSONORDINARY1,969,068
2.57%
3,764,544
5.20%
2,000
20%
2,000
20%
ANDREW RICHARDSONORDINARY1,028,171
1.34%
1,590,075
2.19%
1,000
10%
1,000
10%
RICHARD FEIGENORDINARY68,675
0.090%
66,667
0.092%
0
0%
0
0%
THOMAS MAXFIELDORDINARY66,668
0.087%
66,668
0.092%
0
0%
0
0%
PAUL HAILESORDINARY33,334
0.044%
33,334
0.046%
0
0%
0
0%
JON KEMPSTERORDINARY21,000
0.027%
0
0%
0
0%
0
0%
INVESTEC UK SMALLER CO FUNDORDINARY0
0%
6,650,000
9.18%
0
0%
0
0%
ANDREA THOMPSONORDINARY0
0%
5,000,000
6.90%
0
0%
0
0%

This is a Public Limited Company therefore the list of shareholders is not publicly available.

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2015-10-082015-07-082014-07-082013-07-08
UTILITYWISE PLCA ORDINARY 1 GBP250
25%
0
0%
0
0%
0
0%
UTILITYWISE PLCB ORDINARY 1 GBP250
25%
0
0%
0
0%
0
0%
UTILITYWISE PLCC ORDINARY 1 GBP250
25%
0
0%
0
0%
0
0%
UTILITYWISE PLCD ORDINARY 1 GBP250
25%
0
0%
0
0%
0
0%
UTILITYWISE PLCORDINARY0
0%
44,053
100%
44,053
100%
44,053
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

UTILITYWISE PLC

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
2018-02-01 2018-07-31 37 9% 36% 6660
2017-08-01 2018-01-31 33 10% 40% 754


COURT CASES


Date Title Reference Subject
2017-11-02 Mrs J Robson v Utilitywise Plc and Another [2017] UKET 2500586/2017 Disability Discrimination

PATENTS


Title Date filed Status Publication number
Voltage regulator 2013-08-22 Terminated GB2517475

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
UTILITYWISE PLC 0.9% 4.3% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 1.7% 4.0% 5.9% Medium
Accounts category 0.6% 1.5% 2.5% Medium
Accounting Month 0.6% 7.2% 9.6% Medium
Sic code count 0.8% 4.4% 8.7% Medium
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