SP DISTRIBUTION PLC

320 ST. VINCENT STREET, GLASGOW, G2 5AD

Company Number: SC189125
Incorporation date: 07-Sep-1998
Status: Active
Entity type: Public Limited Company

SIC codes:
35130 Distribution of electricity





SUMMARY

This company is 25.6 years old and is currently active. It is controlled by Scottish Power Energy Networks Holdings Limited. The company has positive equity (net assets) of GBP 926.6 million which has increased from GBP 910.9 million in the previous year. The latest reported revenue figure is GBP 449.7 million which is similar to the previous year's figure of GBP 432.5 million. The company has 5 active officers (directors or partners) who are or were officers of 15 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-Jun-2024
Accounts 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 449,700,000 177,900,000 40,300,000 -26,600,000
31-Dec-2018 GBP 432,500,000 176,000,000 38,400,000 -25,900,000
31-Dec-2017 GBP 389,600,000 170,300,000 37,300,000 -25,400,000
31-Dec-2016 GBP -404,000,000 186,000,000 39,800,000 -20,100,000
31-Dec-2015 GBP 22,000,000
31-Dec-2014 GBP 369,100,000
31-Dec-2013 GBP 378,700,000 37,100,000 -5,800,000
31-Dec-2012 GBP 376,500,000 23,900,000 -22,800,000
31-Dec-2011 GBP
31-Dec-2010 GBP 386,000,000 49,400,000 -55,900,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 97,000,000 373,700,000 300,000,000 626,600,000 926,600,000
31-Dec-2018 GBP 90,100,000 560,400,000 300,000,000 610,900,000 910,900,000
31-Dec-2017 GBP 72,600,000 421,700,000 300,000,000 571,000,000 871,000,000
31-Dec-2016 GBP 81,300,000 339,400,000 300,000,000 557,600,000 857,600,000
31-Dec-2015 GBP 300,000,000 499,900,000 300,000,000
31-Dec-2014 GBP 300,000,000 300,000,000
31-Dec-2013 GBP 7,900,000 80,000,000 252,800,000 300,000,000 462,700,000 762,700,000
31-Dec-2012 GBP 2,000,000 119,900,000 150,100,000 300,000,000 430,400,000 730,400,000
31-Dec-2011 GBP
31-Dec-2010 GBP 112,100,000 109,600,000 109,600,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2012 GBP 100.00% 300,000,000 0 300,000,000 149,000,000
31-Dec-2011 GBP inf% -109,600,000 109,600,000 0 54,800,000
* 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)
Active Seumus O'GORMAN 31 Dec 2014 29 Mar 2024 1 - 0
Resigned Michael Howard DAVIES 07 Jan 2011 31 Dec 2014 0 - 1
Resigned Marie Isobel ROSS 26 Oct 2007 07 Jan 2011 British 0 - 102
Resigned Rhona GREGG 30 Jun 2006 26 Oct 2007 0 - 73
Resigned Donald James MCPHERSON 30 Sep 2005 30 Jun 2006 0 - 205
Resigned Alan William MCCULLOCH 01 May 2003 30 Sep 2005 0 - 45
Resigned Andrew Ross MITCHELL 01 Dec 1998 01 May 2003 0 - 86

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Charles HENDRY 31 Jan 2023 Corporate Adviser British 4 - 00 (0.0%)
Active Vicky KELSALL 26 Aug 2022 Chief Executive Office - Sp Energy Networks British 6 - 11 (14.3%)
Resigned Suzanne FOX 02 Feb 2022 31 Jan 2023 Director British 0 - 90 (0.0%)
Resigned Lesley Anne, Professor Dame GLOVER 03 Jul 2019 20 Mar 2022 Scientist British 1 - 51 (16.7%)
Active Craig David ARTHUR 15 Nov 2018 Director British 1 - 00 (0.0%)
Active Alison Mary MCGREGOR 15 Nov 2018 Director British 9 - 10 (0.0%)
Resigned Suzanne FOX 27 Sep 2017 15 Nov 2018 Director British 0 - 90 (0.0%)
Resigned Suzanne FOX 27 Sep 2017 15 Nov 2018 Director British 0 - 50 (0.0%)
Resigned Guy Charles JEFFERSON 30 Apr 2015 15 Nov 2018 Director British 0 - 20 (0.0%)
Resigned Elizabeth Zaidee, Dr HAYWOOD 01 Jan 2015 31 Dec 2017 Company Director British 1 - 100 (0.0%)
Resigned Wendy Jacqueline BARNES 01 Jan 2015 06 May 2020 Company Director British 2 - 133 (20.0%)
Resigned James Rufus, Professor Sir MCDONALD 31 Mar 2014 18 Nov 2015 University Principal & Vice Chencellor British 3 - 135 (31.3%)
Resigned Denise Mary, Dame HOLT 31 Mar 2014 24 Jun 2014 Non Executive Director British 0 - 40 (0.0%)
Resigned Frank MITCHELL 01 Oct 2009 26 Aug 2022 Engineer British 0 - 186 (33.3%)
Resigned Alan Alexander BRYCE 31 Jan 2007 01 Oct 2009 Chartered Engineer British 2 - 217 (30.4%)
Active Scott Hamilton MATHIESON 18 Nov 2005 Regulation Director British 4 - 40 (0.0%)
Resigned David RUTHERFORD 06 Sep 2005 31 Jan 2007 Chartered Engineer British 3 - 164 (21.1%)
Resigned James SUTHERLAND 30 Mar 2005 18 Nov 2005 Electrical Engineer British 0 - 125 (41.7%)
Resigned David Thomas NISH 10 Jan 2005 06 Sep 2005 Chartered Accountant British 6 - 9255 (56.1%)
Resigned James Fleming WILSON 14 Aug 2001 23 Dec 2005 Chartered Certified Accountant British 0 - 30 (0.0%)
Resigned Ronnie Edward MERCER 14 Aug 2001 10 Jan 2005 Group Director, Infrastructure British 0 - 203 (15.0%)
Resigned Robert Francis Bayvel, Professor MACLAREN 14 Aug 2001 30 Mar 2005 Chartered Engineer British 0 - 124 (33.3%)
Resigned Kenneth Leslie, Professor VOWLES 08 Nov 1999 14 Aug 2001 Exec Dir-Uk Power Operations British 2 - 2912 (38.7%)
Resigned Duncan WHYTE 01 Dec 1998 31 May 1999 Director British 0 - 3310 (30.3%)
Resigned Ian Simon Macgregor RUSSELL 01 Dec 1998 14 Aug 2001 Chartered Accountant British 2 - 7044 (61.1%)
Resigned Iain Maury Campbell MEIKLEJOHN 07 Sep 1998 01 Dec 1998 British 0 - 325136 (41.8%)
Resigned Iain Maury Campbell MEIKLEJOHN 07 Sep 1998 01 Dec 1998 0 - 325136 (41.8%)
Resigned James Robert WILL 07 Sep 1998 01 Dec 1998 British 0 - 17069 (40.6%)
Number of active directors: 5
Average tenure of active directors: 6.4 years
Average tenure of resigned directors: 2.4 years
Average active director Dissolution Rate: 2.9%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
SP MANWEB PLC (02366937) - Active
SSE IMPERIAL PARK PN LIMITED (02631510) - Active
FIDELITY SPECIAL VALUES PLC (02972628) - Active
SP NETWORK CONNECTIONS LIMITED (04290066) - Liquidation
NGET/SPT UPGRADES LIMITED (07057886) - Active
EASTERN GREEN LINK 1 LIMITED (14979698) - Active
SCOTTISH FOOTBALL ASSOCIATION LIMITED (THE) (SC005453) - Active
ELECTRICITY SUPPLY NOMINEES (SCOTLAND) LIMITED (SC042623) - Active
SP DISTRIBUTION PLC (SC189125) - Active
SP TRANSMISSION PLC (SC189126) - Active
SP POWER SYSTEMS LIMITED (SC215841) - Active
MALCOLM PROPERTIES (HOLDINGS) LIMITED (SC283167) - Active
THE MALCOLM GROUP LIMITED (SC283168) - Active
SCOTTISH POWER ENERGY NETWORKS HOLDINGS LIMITED (SC389555) - Active
BEATSON CANCER CHARITY (SC461242) - Active
AMMG CONSULTING LTD (SC636557) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-02-192015-02-192014-02-192013-02-192012-02-19
SCOTTISH POWER ENERGY NETWORKS HOLDINGS LIMITEDORDINARY300,000,000
100%
300,000,000
100%
300,000,000
100%
300,000,000
100%
300,000,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SP DISTRIBUTION PLC

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
2023-07-01 2023-12-31 26 2% 17% 79299
2023-01-01 2023-06-30 29 3% 11% 73549
2022-07-01 2022-12-31 28 2% 18% 66572
2022-01-01 2022-06-30 27 2% 12% 60903
2021-07-01 2021-12-31 28 3% 12% 53987
2021-01-01 2021-06-30 27 3% 12% 46811
2020-07-01 2020-12-31 26 1% 7% 40146
2020-01-01 2020-06-30 26 1% 8% 33135
2019-07-01 2019-12-31 27 2% 6% 25577
2019-01-01 2019-06-30 25 2% 15% 18614
2018-07-01 2018-12-31 23 1% 14% 9997
2018-01-01 2018-06-30 24 2% 33% 3550


COURT CASES


No Court Cases found

PATENTS


No Patents found

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
SP DISTRIBUTION PLC 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 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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