SCOTTISHPOWER ENERGY RETAIL LIMITED

320 ST. VINCENT STREET, GLASGOW, G2 5AD

Company Number: SC190287
Incorporation date: 14-Oct-1998
Status: Active
Entity type: Private Limited Company

SIC codes:
35120 Transmission of electricity
35220 Distribution of gaseous fuels through mains




SUMMARY

This company is 25.5 years old and is currently active. It is controlled by Scottish Power Retail Holdings Limited. The company has positive equity (net assets) of GBP 117.7 million which has decreased from the previous year's figure of GBP 179.8 million. The latest reported revenue figure is GBP 13.9 billion which is up 260% on previous year's figure of GBP 3.9 billion. The company has 2 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-Sep-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 13,875,600,000 -80,800,000 100,000 15,400,000 -62,100,000
31-Dec-2018 GBP 3,883,600,000 141,400,000 100,000 -28,500,000
31-Dec-2017 GBP 3,770,100,000 -23,300,000 300,000 4,400,000 14,800,000
31-Dec-2015 GBP
31-Dec-2014 GBP
31-Dec-2013 GBP 4,133,300,000
31-Dec-2012 GBP 3,818,200,000 -45,700,000
31-Dec-2011 GBP 3,377,900,000 -1,100,000 -15,300,000
31-Dec-2010 GBP 3,454,400,000 -26,700,000
31-Dec-2009 GBP 3,629,400,000 142,100,000 4,400,000 41,600,000 104,900,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 1,020,300,000 1,327,000,000 55,400,000 62,300,000 117,700,000
31-Dec-2018 GBP 1,081,600,000 1,263,800,000 55,400,000 124,400,000 179,800,000
31-Dec-2017 GBP 1,092,600,000 1,264,000,000 55,400,000 47,400,000 102,800,000
31-Dec-2015 GBP
31-Dec-2014 GBP 1,117,800,000 34,000,000 100,000 91,000,000 10,000,000 187,800,000
31-Dec-2013 GBP 626,800,000 731,700,000 100,000 55,400,000 774,000,000 132,600,000
31-Dec-2012 GBP 549,300,000 583,700,000 101,100,000 112,900,000 168,300,000
31-Dec-2011 GBP 633,300,000 94,600,000 55,400,000 24,100,000 79,500,000
31-Dec-2010 GBP
31-Dec-2009 GBP 729,800,000 645,300,000 55,400,000 48,300,000 103,700,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2017 GBP 100.00% 55,400,000 0 55,400,000 27,700,000
31-Dec-2015 GBP inf% -91,000,000 91,000,000 0 45,550,000
31-Dec-2014 GBP 39.12% 35,600,000 55,400,000 91,000,000 73,300,000
31-Dec-2013 GBP -82.49% -45,700,000 101,100,000 55,400,000 78,300,000
31-Dec-2012 GBP 45.20% 45,700,000 55,400,000 101,100,000 78,250,000
31-Dec-2011 GBP 100.00% 55,400,000 0 55,400,000 27,700,000
31-Dec-2010 GBP inf% -55,400,000 55,400,000 0 27,700,000
* 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 Alistair ORR 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 01 May 2003 30 Jun 2006 0 - 205
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 Andrew Michael WARD 12 Feb 2020 Director British 6 - 40 (0.0%)
Resigned Colin Fyffe MCNEILL 11 Jul 2017 01 Nov 2019 Director British 5 - 112 (12.5%)
Active Valerie Margaret SIM 27 Apr 2017 Finance Director British 8 - 51 (7.7%)
Resigned Aitor Moso RAIGOSO 14 Nov 2011 28 Aug 2017 Director Spanish 0 - 10 (0.0%)
Resigned Neil David CLITHEROE 14 Nov 2011 30 Jun 2019 Director British 0 - 90 (0.0%)
Resigned Marc Domenico ROSSI 13 Aug 2010 01 Apr 2017 Finance Director Scottish Power Energ Retail British 4 - 84 (33.3%)
Resigned Neil David CLITHEROE 25 Sep 2009 31 Dec 2009 Customer Service Director British 0 - 90 (0.0%)
Resigned Donald Crawford JOYCE 20 Mar 2008 13 Aug 2010 Director British 0 - 60 (0.0%)
Resigned Raymond JACK 06 Mar 2007 31 Dec 2011 Chartered Accountant British 14 - 94 (17.4%)
Resigned David Lewis WARK 14 Aug 2001 20 Mar 2008 Chartered Accountant British 0 - 5244 (84.6%)
Resigned Donald William MACDIARMID 14 Aug 2001 25 Sep 2009 Managing Director-Customer Sal British 1 - 4011 (26.8%)
Resigned Charles Andrew BERRY 08 Nov 1999 06 Sep 2005 Electrical Engineer British 0 - 6139 (63.9%)
Resigned Ian Simon Macgregor RUSSELL 01 Dec 1998 14 Aug 2001 Chartered Accountant British 2 - 7044 (61.1%)
Resigned Duncan WHYTE 01 Dec 1998 31 May 1999 Director British 0 - 3310 (30.3%)
Resigned James Robert WILL 14 Oct 1998 01 Dec 1998 British 0 - 17069 (40.6%)
Resigned Iain Maury Campbell MEIKLEJOHN 14 Oct 1998 01 Dec 1998 British 0 - 325136 (41.8%)
Resigned Iain Maury Campbell MEIKLEJOHN 14 Oct 1998 01 Dec 1998 0 - 325136 (41.8%)
Number of active directors: 2
Average tenure of active directors: 5.5 years
Average tenure of resigned directors: 3.6 years
Average active director Dissolution Rate: 3.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
ST. CLEMENTS SERVICES LIMITED (02455347) - Active
SCOTTISHPOWER (SCPL) LIMITED (02532240) - Active
SCOTTISHPOWER (DCL) LIMITED (02675504) - Active
ASSOCIATION OF ELECTRICITY PRODUCERS LIMITED (02779199) - Active
SCOTASH LIMITED (03791569) - Active
SMART METERING COMMUNICATIONS BODY LTD (08455995) - Active
ALT HAN COMPANY LIMITED (10002859) - Active
THE AYRSHIRE HOSPICE (SC102741) - Active
SCOTTISHPOWER ENERGY RETAIL LIMITED (SC190287) - Active
SP DATASERVE LIMITED (SC215842) - Active
SCOTTISHPOWER ENERGY MANAGEMENT LIMITED (SC215843) - Active
SCOTTISHPOWER ENERGY MANAGEMENT (AGENCY) LIMITED (SC222524) - Active
SP GAS TRANSPORTATION COCKENZIE LIMITED (SC361054) - Liquidation
SP GAS TRANSPORTATION HATFIELD LIMITED (SC361055) - Active
SCOTTISH POWER RETAIL HOLDINGS LIMITED (SC389556) - Active
SCOTTISHPOWER GENERATION (ASSETS) LIMITED (SC591507) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2019-03-052016-02-192015-02-192014-02-192013-02-19
SCOTTISH POWER RETAIL HOLDINGS LIMITEDORDINARY5,407,000
100%
0
0%
0
0%
0
0%
0
0%
SCOTTISH POWER GENERATION HOLDINGS LIMITEDORDINARY0
0%
55,407,000
100%
55,407,000
100%
55,407,000
100%
55,407,000
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2017-06-202016-06-202015-06-202014-06-202013-06-20
SCOTTISHPOWER ENERGY RETAIL LIMITEDORDINARY50
100%
50
100%
50
100%
50
100%
50
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SCOTTISHPOWER ENERGY RETAIL LIMITED

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 24 1% 13% 79304
2023-01-01 2023-06-30 25 3% 11% 73567
2022-07-01 2022-12-31 27 4% 15% 66579
2022-01-01 2022-06-30 22 2% 12% 60912
2021-07-01 2021-12-31 20 2% 16% 53995
2021-01-01 2021-06-30 20 3% 18% 46827
2020-07-01 2020-12-31 23 2% 15% 40151
2020-01-01 2020-06-30 20 2% 14% 33141
2019-07-01 2019-12-31 22 2% 13% 25624
2019-01-01 2019-06-30 19 2% 17% 18630
2018-07-01 2018-12-31 20 2% 20% 9988
2018-01-01 2018-06-30 19 2% 38% 3542


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
SCOTTISHPOWER ENERGY RETAIL LIMITED 0.7% 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 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 0.8% 3.8% 7.5% Medium
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