PREMIER TRANSMISSION FINANCING PUBLIC LIMITED COMPANY

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

Company Number: NI053751
Incorporation date: 28-Jan-2005
Status: Active
Entity type: Public Limited Company

SIC codes:
35220 Distribution of gaseous fuels through mains





SUMMARY

This company is 19.2 years old and is currently active. It is controlled by multiple entities. The company has negative equity (net assets) of GBP -1.9 million but has improved from GBP -8.2 million in the previous year. Retained earnings is negative (GBP -1.9 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 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 9,263,000 3,975,000 5,137,000 -1,856,000
31-Mar-2019 GBP
31-Mar-2018 GBP 3,348,000 2,408,000 4,733,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2020 GBP 5,151,000 44,525,000 14,994,000 13,000 -1,940,000 -1,927,000
31-Mar-2019 GBP 25,410,000 13,000 -8,205,000 -8,192,000
31-Mar-2018 GBP 33,847,000 41,761,000 13,940,000 62,466,000 13,000 -9,074,000

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 Sheeran NUALA 12 Oct 2005 31 Aug 2007 0 - 1
Resigned Arthur Cox NORTHERN IRELAND 02 Feb 2005 26 Sep 2009 0 - 3
Resigned MD SECRETARIES LIMITED 28 Jan 2005 02 Feb 2005 5 - 534

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 Alan David MCCLURE 12 Oct 2005 29 Sep 2009 Company Director British 0 - 279 (33.3%)
Resigned Damian Gerard MCATEER 12 Oct 2005 29 Sep 2009 Manager Northern Irish 1 - 194 (20.0%)
Resigned Felicity Victoria HUSTON 12 Oct 2005 21 Sep 2010 Tax Consultant British 4 - 140 (0.0%)
Resigned Damian Gerard MC ATEER 12 Oct 2005 29 Sep 2009 Manager Northern Irish 5 - 245 (17.2%)
Resigned William James CARGO 27 Apr 2005 01 Jan 2010 General Manager British 0 - 110 (0.0%)
Resigned Alan RAINEY 03 Mar 2005 21 Jun 2007 Engineer Irish 0 - 10 (0.0%)
Resigned Alasdair James Dougall LOCKE 02 Feb 2005 31 Dec 2008 Chairman British 14 - 417 (12.7%)
Resigned David John MONTGOMERY 02 Feb 2005 31 Mar 2008 Company Director British 25 - 4119 (28.8%)
Resigned MD DIRECTORS LIMITED 28 Jan 2005 02 Feb 2005 0 - 10753 (49.5%)
Number of active directors: 2
Average tenure of active directors: 15.7 years
Average tenure of resigned directors: 3.3 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
2020-01-282016-01-282015-01-282014-01-282013-01-28
PREMIER TRANSMISSION HOLDINGS LTDORDINARY49,999
100.0%
12,500
100%
12,500
100%
12,500
100%
12,500
100%
MUTUAL ENERGY LIMITEDORDINARY1
0.002%
0
0%
0
0%
0
0%
0
0%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

PREMIER TRANSMISSION 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: 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
PREMIER TRANSMISSION FINANCING PUBLIC LIMITED COMPANY 0.9% 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 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 0.7% 3.5% 7.0% Medium
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