MOYLE INTERCONNECTOR (FINANCING) PUBLIC LIMITED COMPANY

FIRST FLOOR, THE ARENA BUILDING, 85 ORMEAU ROAD, BELFAST, BT7 1SH

Company Number: NI045625
Incorporation date: 03-Mar-2003
Status: Active
Entity type: Public Limited Company

SIC codes:
35120 Transmission of electricity
70100 Activities of head offices




SUMMARY

This company is 21.1 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 92.9 million which has increased from GBP 86.2 million in the previous year. The company has 2 active officers (directors or partners) who are or were officers of 16 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: GROUP (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2020 GBP 14,183,000 926,000 4,304,000 -3,180,000
31-Mar-2019 GBP 1,256,000 9,899,000 762,000 5,398,000
31-Mar-2018 GBP 1,000,000 815,000 9,116,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2020 GBP 67,028,000 86,013,000 15,490,000 50,000 92,803,000 92,853,000
31-Mar-2019 GBP 57,597,000 70,803,000 50,000 86,104,000 86,154,000
31-Mar-2018 GBP 46,519,000 58,032,000 15,624,000 82,052,000 50,000 75,126,000 75,176,000

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 Gerard MCILROY 26 Sep 2009 29 Mar 2024 1 - 0
Resigned RTHUR COX NORTHERN IRELAND 03 Mar 2003 26 Sep 2009 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Gerard Myles MCILROY 01 Jan 2010 Accountant British 17 - 10 (0.0%)
Active Patrick LARKIN 22 Jan 2007 Director Irish 12 - 20 (0.0%)
Resigned Nuala SHEERAN 12 Oct 2005 31 Aug 2007 Solicitor Irish 0 - 10 (0.0%)
Resigned William James CARGO 27 Apr 2005 01 Jan 2010 General Manager British 0 - 110 (0.0%)
Resigned Alasdair James Dougall LOCKE 14 Apr 2005 31 Dec 2008 Chairman British 14 - 417 (12.7%)
Resigned Damian Gerard MC ATEER 30 Sep 2003 29 Sep 2009 Manager Northern Irish 5 - 245 (17.2%)
Resigned Damian Gerard MCATEER 30 Sep 2003 29 Sep 2009 Manager Northern Irish 1 - 194 (20.0%)
Resigned Felicity Victoria HUSTON 30 Sep 2003 21 Sep 2010 Tax Consultant British 4 - 140 (0.0%)
Resigned David MONTGOMERY 07 Jul 2003 31 Mar 2008 Company Director British 0 - 20 (0.0%)
Resigned Edward, Dr HAUGHEY 14 Apr 2003 07 Jul 2003 Chairman British 0 - 10 (0.0%)
Resigned Alan David MCCLURE 14 Apr 2003 29 Sep 2009 Company Director British 0 - 279 (33.3%)
Resigned Patrick Francis John O'DONNELL BOURKE 25 Mar 2003 14 Apr 2003 Finance Director British 0 - 10 (0.0%)
Resigned Harold MCCRACKEN 03 Mar 2003 14 Apr 2003 Managing Director British 7 - 215 (17.9%)
Resigned Alan RAINEY 03 Mar 2003 21 Jun 2007 Engineer Irish 0 - 10 (0.0%)
Number of active directors: 2
Average tenure of active directors: 15.7 years
Average tenure of resigned directors: 3.8 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
BELFAST GAS TRANSMISSION LIMITED (NI026420) - Active
PREMIER TRANSMISSION LIMITED (NI026421) - Active
MOYLE INTERCONNECTOR LIMITED (NI036562) - Active
MOYLE INTERCONNECTOR (FINANCING) PUBLIC LIMITED COMPANY (NI045625) - Active
MOYLE HOLDINGS LIMITED (NI045738) - Active
PREMIER TRANSMISSION FINANCING PUBLIC LIMITED COMPANY (NI053751) - Active
PREMIER TRANSMISSION HOLDINGS LIMITED (NI053757) - Active
MUTUAL ENERGY LIMITED (NI053759) - Active
NORTHERN IRELAND GAS TRANSMISSION HOLDINGS LIMITED (NI053763) - Active
NORTHERN IRELAND WATER LIMITED (NI054463) - Active
MOYLE ENERGY INVESTMENTS LIMITED (NI056562) - Active
INTERCONNECTOR SERVICES (NI) LIMITED (NI058161) - Active
ISLANDMAGEE ENERGY LIMITED (NI059776) - Active
BELFAST GAS TRANSMISSION FINANCING PLC (NI067348) - Active
BELFAST GAS TRANSMISSION HOLDINGS LIMITED (NI067681) - Active
WEST TRANSMISSION LIMITED (NI073229) - Active
MOYLE HOLDINGS NO.2 LIMITED (NI696994) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-03-032015-03-032014-03-032013-03-032012-03-03
MOYLE HOLDINGS LTDORDINARY50,000
100%
50,000
100%
50,000
100%
50,000
100%
50,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

MOYLE INTERCONNECTOR (FINANCING) PUBLIC LIMITED COMPANY

Controlled companies below

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
MOYLE INTERCONNECTOR (FINANCING) PUBLIC LIMITED COMPANY 0.9% 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 1.7% 4.0% 5.9% Medium
Accounts category 0.6% 1.5% 2.5% Medium
Accounting Month 0.5% 1.8% 3.9% Medium
Sic code count 0.8% 3.8% 7.5% Medium
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