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Cash

£100k

Latest balance sheet

Net assets

£1.9bn

Equity attributable

Employees

1,989

Average over period

Profit before tax

£203m

Period ending 2024-03-31

Accounts

1-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-03-31 Δ vs prior
Turnover £572,200,000
Operating profit £288,300,000
Profit before tax £203,400,000
Net profit £154,000,000
Cash £100,000
Total assets less current liabilities £5,489,100,000
Net assets £1,947,000,000
Equity £1,947,000,000
Average employees 1,989
Wages £125,000,000
Directors' remuneration £1,100,000
Highest paid director £1,530,000

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 . Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-03-31
Operating margin 50.4%
Net margin 26.9%
Return on capital employed 5.3%
Gearing (liabilities / total assets) 66.3%
Current ratio 1.09x
Interest cover 2.76x

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 5 times since incorporation

  1. NATIONAL GRID ELECTRICITY DISTRIBUTION (EAST MIDLANDS) PLC 2022-09-20 → present
  2. WESTERN POWER DISTRIBUTION (EAST MIDLANDS) PLC 2011-04-01 → 2022-09-20
  3. CENTRAL NETWORKS EAST PLC 2004-04-05 → 2011-04-01
  4. EAST MIDLANDS ELECTRICITY DISTRIBUTION PLC. 2001-10-01 → 2004-04-05
  5. POWERGEN ENERGY PLC 1999-07-12 → 2001-10-01
  6. EAST MIDLANDS ELECTRICITY PLC 1989-04-01 → 1999-07-12

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Thus, the Directors have concluded that Company has sufficient resources available to enable it to continue in existence for the foreseeable future and for a period of at least 12 months from the date of signing the accounts and have therefore continued to adopt the going concern basis in preparing the financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

9 active · 59 resigned

Name Role Appointed Born Nationality
HOLLIS, Katie Suzanne Secretary 2024-05-31
BEINART, Janette Carolyn Mitchell Director 2025-04-01 Mar 1956 British
BRANSTON, Paul Director 2023-12-15 Nov 1975 British
DILLON, Jennifer Ann Director 2024-04-01 May 1972 British
FUSSELL, Lindsey Director 2023-08-21 Mar 1973 British
O’HARA, Cordelia Director 2023-04-01 Mar 1974 British
PETTIFER, Darren Director 2022-08-17 Apr 1980 British
QUINN, Roisin Anne Director 2025-12-18 Apr 1981 Irish
SHARMA, Tanya Joy Director 2024-07-01 Nov 1986 British
Show 59 resigned officers
Name Role Appointed Resigned
CAMPBELL, Jeremy George Mungo Secretary 1998-12-22
COX, Mark Richard Secretary 2023-06-16 2024-05-31
JACKSON, David John Secretary 1998-12-22 2001-10-01
JONES, Sally Ann Secretary 2011-04-01 2023-06-16
PICKERELL, Stephanie Kay Secretary 2001-10-01 2009-08-28
THOMAS, Chantal Secretary 2009-08-28 2011-04-01
ALLEN, Philip Gerald Director 2013-09-01 2015-02-09
ASKEW, Norman Brian Montague Director 1997-07-01
BALDWIN, Nicholas Peter Director 1998-07-27 2001-10-02
BARBER, Rodney George Director 1999-06-16 1999-07-08
BARBROOK, Laura Sophie Scudamore, Dr Director 2022-01-31 2024-03-31
BARTLETT, Graham John Director 2001-09-26 2007-07-04
BOON, Christopher John Director 1996-01-16 1999-03-19
BRIDGEWATER, Peter Jeremy Director 2002-03-01 2006-10-02
CAMPBELL, Justine Director 2022-01-31 2024-06-30
CAPPS, Thomas Director 1997-02-04 1998-07-27
CARDEW, Anthony John Director 2017-03-23 2025-04-23
CARUS, Alexander Michael Director 1993-07-06 1994-01-31
CHAMP, Philip James Director 1993-05-23
CHEWNING, Thomas Norman Director 1997-02-04 1998-07-27
COOPER, William Gareth Director 1994-09-01 1997-02-04
CORAH, George Nicholas Director 1997-02-04
COWE, Dan Williamson Director 1992-09-30
CRACKETT, John Director 2007-07-04 2011-04-01
DAVIES, Robert John Director 1994-02-01 1998-12-10
FARRELL, Thomas Francis Director 1997-02-04 1998-07-27
FLETCHER, Maurice Edwin Director 2011-10-31 2023-03-31
GOLBY, Paul, Dr Director 2001-09-26 2011-04-01
GUNN, Robert Norman, Sir Director 1995-09-08
HALFORD, Andrew Nigel Director 1997-07-01 1998-12-22
HALLADAY, Graham Roy Director 2019-01-14 2026-03-18
HARRIS, David Gene Director 2011-04-01 2013-08-31
HARRIS, John Frederick Director 1994-04-30
HEAVENRIDGE, David Lyman Director 1997-02-04 1998-07-27
HICKSON, Peter Charles Fletcher Director 1998-07-27 2001-10-02
JACKSON, David John Director 1999-06-16 1999-07-08
JACKSON, Keith Howard Director 1993-05-20
KEOHANE, James Anthony Director 1997-03-24
KLINGENSMITH, Ricky Lee Director 2011-04-01 2015-07-16
OOSTHUIZEN, Daniel Charl Stephanus Director 2011-04-01 2018-03-31
RICHARDS, Simon Leonard Christopher Director 2001-09-26 2002-03-01
ROACH, Edgar Mayo Director 1998-01-06 1998-07-27
ROBERTSON, Linwood Righter Director 1997-02-04 1997-12-12
RUDD, Anthony Nigel Russell, Sir Director 1997-02-04
SAXELBY, Mark Robert Director 2001-10-22 2003-12-10
SCHROEDER, Alan Geoffrey Director 1997-02-04
SLEIGHTHOLM, Alison Jane Director 2018-04-01 2023-12-15
SMEDLEY, Sally Claire Director 1997-03-21 1998-12-21
SPENCE, William Harold Director 2015-07-16 2017-07-31
STANYARD, Keith Director 1998-12-22
SWIFT, Philip Director 2013-07-01 2023-03-31
SYMONS, Robert Arthur Director 2011-04-01 2018-11-07
TAYLOR, Robert Director 2001-09-26 2007-07-04
TEAR, Brian Jefferson Director 2011-02-16 2011-03-03
THOMAS, William Griffith Director 1997-02-04 1998-07-27
THOMPSON, David Anthony Roland Director 1996-04-01 1997-02-04
THOMPSON, Graeme Mark Director 2006-10-02 2011-04-01
WATTS, Clive Royston Director 2014-04-01 2017-07-03
WILLIAMS, Ian Robert Director 2015-03-09 2022-07-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
National Grid Electricity Distribution Network Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 499 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-06-03 RESOLUTIONS Resolution
  • 2024-05-15 MA Memorandum articles
Date Type Category Description
2026-09-04 TM01 officers Termination director company with name termination date PDF
2026-08-09 AA accounts Accounts with accounts type full
2026-03-19 TM01 officers Termination director company with name termination date PDF
2026-02-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-12-18 AP01 officers Appoint person director company with name date PDF
2025-08-07 AA accounts Accounts with accounts type full
2025-04-24 TM01 officers Termination director company with name termination date PDF
2025-04-03 AP01 officers Appoint person director company with name date PDF
2025-02-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-13 AA accounts Accounts with accounts type full
2024-07-01 AP01 officers Appoint person director company with name date
2024-07-01 TM01 officers Termination director company with name termination date PDF
2024-06-10 RP04TM01 officers Second filing of director termination with name
2024-06-03 RESOLUTIONS resolution Resolution
2024-05-31 TM02 officers Termination secretary company with name termination date PDF
2024-05-31 AP03 officers Appoint person secretary company with name date PDF
2024-05-15 MA incorporation Memorandum articles
2024-04-12 AP01 officers Appoint person director company with name date PDF
2024-04-12 TM01 officers Termination director company with name termination date
2024-02-13 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page