UK POWER NETWORKS SERVICES (CONTRACTING) LIMITED
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Cash
£88m
+3,920.6% highest in 3 filed years
Net assets
£135m
+9.4% highest in 3 filed years
Employees
153
+11.7% highest in 3 filed years
Profit before tax
£66m
+1.9% highest in 3 filed years
Net assets
3-year trend · vs Utilities median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £94,279,000 | £110,924,000 | £140,307,000 | +26.5% | |
| Operating profit | £55,068,000 | £57,780,000 | £59,451,000 | +2.9% | |
| Profit before tax | £63,584,000 | £64,348,000 | £65,602,000 | +1.9% | |
| Net profit | £47,117,000 | £49,885,000 | £50,393,000 | +1% | |
| Cash | £25,000,000 | £2,183,000 | £87,770,000 | +3,920.6% | |
| Total assets less current liabilities | £144,873,000 | £155,486,000 | £166,987,000 | +7.4% | |
| Net assets | £112,517,000 | £123,498,000 | £135,117,000 | +9.4% | |
| Equity | £112,517,000 | £123,498,000 | £135,117,000 | +9.4% | |
| Average employees | 124 | 137 | 153 | +11.7% | |
| Wages | £10,490,000 | £12,187,000 | £15,057,000 | +23.5% | |
| Directors' remuneration | £0 | £0 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 58.4% | 52.1% | 42.4% | |
| Net margin | 50.0% | 45.0% | 35.9% | |
| Return on capital employed | 38.0% | 37.2% | 35.6% | |
| Gearing (liabilities / total assets) | 69.4% | 65.1% | 64.2% | |
| Current ratio | 0.69x | 0.73x | 0.82x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- UK POWER NETWORKS SERVICES (CONTRACTING) LIMITED 2010-11-01 → present
- EDF ENERGY (SERVICES) LIMITED 2003-06-30 → 2010-11-01
- LONDON ELECTRICITY SERVICES LIMITED 1989-04-01 → 2003-06-30
- LONDON ELECTRICITY LIMITED 1988-03-08 → 1989-04-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are therefore satisfied that, taking into account reasonably possible changes in trading performance, the Company has adequate resources to continue operating for the foreseeable future and accordingly continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “On 7 May 2026, following the reporting date, there was a change in ownership of the Group. Engie UK 2026 Limited, an indirect wholly owned subsidiary of Engie S.A., a French multinational energy company, acquired 100% of the Group and its subsidiaries, including the Company.”
- “Subsequent to the reporting date, a dividend of £13.0m was approved on 13 April 2026 and paid on 27 April 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PACE, Andrew Charles | Secretary | 2018-04-30 | — | — |
| CHAN, Loi Shun | Director | 2012-09-10 | Aug 1962 | Chinese |
| HUNTER, Andrew John | Director | 2010-10-29 | Oct 1958 | British |
| SCARSELLA, Basil | Director | 2010-10-29 | Sep 1955 | Australian |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAKER, Christopher | Secretary | 2010-10-29 | 2017-11-23 |
| BLACKBURN, William Nathan | Secretary | 2017-11-23 | 2018-04-30 |
| HIGSON, Robert Ian | Secretary | 1998-11-02 | 2009-09-17 |
| ROBERTSON, Andrew Bruce | Secretary | 1994-02-01 | 1997-09-30 |
| SAUNDERS, Malcolm Waters | Secretary | — | 1994-01-31 |
| SOUTO, Joe | Secretary | 2009-09-17 | 2010-10-29 |
| WHITTAKER, Andrew James | Secretary | 1997-09-30 | 1998-11-02 |
| BARNES, Ronald | Director | 1993-03-24 | 1999-05-31 |
| BEAMENT, Ian Roger | Director | 1993-03-24 | 2000-12-22 |
| CADOUX HUDSON, Humphrey Alan Edward | Director | 2003-04-01 | 2009-04-01 |
| CUTTILL, Paul Andrew | Director | 2006-10-13 | 2008-07-21 |
| CUTTILL, Paul Andrew | Director | 2001-01-04 | 2003-04-01 |
| FERRARI, Laurent | Director | 2008-07-21 | 2010-10-29 |
| FERRARI, Laurent | Director | 2008-07-21 | 2008-07-21 |
| GRAY, Brian John Scott | Director | 2004-09-17 | 2006-03-28 |
| HARPLEY, Richard Martin | Director | 2010-10-20 | 2010-10-29 |
| KUSTERER, Thomas Andreas | Director | 2009-04-01 | 2010-10-29 |
| MACASKILL, Andrew | Director | 2001-07-06 | 2004-09-17 |
| MAES, Miriam | Director | 2004-01-01 | 2006-10-12 |
| MCGEE, Neil Douglas | Director | 2010-10-29 | 2012-09-10 |
| MORTON, Kevin | Director | 2001-01-04 | 2003-04-01 |
| NORMAN, Angus Tindale | Director | 1999-06-01 | 2001-01-01 |
| PAVIA, Michael James | Director | 2003-04-01 | 2003-07-31 |
| PHILLIPS, John | Director | — | 1994-06-07 |
| TOWERS, Alan Victor | Director | — | 1998-08-03 |
| TURNER, John Victor | Director | — | 1998-03-31 |
| URWIN, Roger John, Dr | Director | — | 1995-09-29 |
| WALLACE, Steven Ian | Director | — | 1993-03-24 |
| WINGROVE, Gerald Langdon | Director | 1998-08-03 | 2002-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Uk Power Networks Services Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 201 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-19 | AA | accounts | Accounts with accounts type full | |
| 2026-05-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-05-15 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-13 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-12 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-12 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-02 | CH01 | officers | Change person director company with change date | |
| 2025-08-15 | AA | accounts | Accounts with accounts type full | |
| 2025-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-23 | AA | accounts | Accounts with accounts type full | |
| 2024-06-12 | CH01 | officers | Change person director company with change date | |
| 2024-06-12 | CH01 | officers | Change person director company with change date | |
| 2024-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-25 | CH01 | officers | Change person director company with change date | |
| 2023-09-14 | CH01 | officers | Change person director company with change date | |
| 2023-08-24 | AA | accounts | Accounts with accounts type full | |
| 2023-08-16 | CH01 | officers | Change person director company with change date | |
| 2023-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-24 | AA | accounts | Accounts with accounts type full | |
| 2022-08-10 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.