UK POWER NETWORKS (SOUTH EAST SERVICES) LIMITED
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Cash
£3.3m
-21.6% lowest in 3 filed years
Net assets
£4.2m
+2.6% highest in 3 filed years
Employees
430
-6.1% lowest in 3 filed years
Profit before tax
£141k
-25% lowest in 3 filed years
Net assets
3-year trend · vs Industrials 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 | £35,941,000 | £36,207,000 | £35,824,000 | -1.1% | |
| Operating profit | £192,000 | £188,000 | £141,000 | -25% | |
| Profit before tax | £192,000 | £188,000 | £141,000 | -25% | |
| Net profit | £143,000 | £141,000 | £106,000 | -24.8% | |
| Cash | £4,846,000 | £4,198,000 | £3,290,000 | -21.6% | |
| Total assets less current liabilities | £3,995,000 | £4,136,000 | £4,242,000 | +2.6% | |
| Net assets | £3,995,000 | £4,136,000 | £4,242,000 | +2.6% | |
| Equity | £3,995,000 | £4,136,000 | £4,242,000 | +2.6% | |
| Average employees | 468 | 458 | 430 | -6.1% | |
| Wages | £29,746,000 | £29,969,000 | £29,224,000 | -2.5% | |
| Directors' remuneration | — | — | — | — |
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 | 0.5% | 0.5% | 0.4% | |
| Net margin | 0.4% | 0.4% | 0.3% | |
| Return on capital employed | 4.8% | 4.5% | 3.3% | |
| Gearing (liabilities / total assets) | 30.8% | 27.1% | 27.8% | |
| Current ratio | 2.87x | 3.26x | 3.19x |
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 (SOUTH EAST SERVICES) LIMITED 2010-11-01 → present
- EDF ENERGY (SOUTH EASTERN SERVICES) LIMITED 2003-06-30 → 2010-11-01
- SOUTH EASTERN SERVICES LIMITED 1992-11-04 → 2003-06-30
- DEALPROUD LIMITED 1992-09-01 → 1992-11-04
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's forecasts and projections, taking into account reasonably possible changes in trading performance show that the Company has adequate resources to continue operating for the foreseeable future. Accordingly, the Directors are satisfied it is appropriate to adopt the going concern basis of accounting in the preparation of these financial statements.”
Significant events
- “On 7 May 2026, the Group became a wholly owned subsidiary of Engie UK 2026 Limited, an indirect wholly owned subsidiary of Engie S.A., a French multinational energy company. The change in ownership is not expected to result in any significant change in business strategy or operations.”
- “On 25 February 2026, the shareholders of UK Power Networks Holdings Limited entered into a binding agreement to sell 100% of the share capital of UK Power Networks Holdings Limited to Engie UK 2026 Limited, an indirect wholly owned subsidiary of Engie S.A., a multinational energy company headquartered in France. The transaction completed on 7 May 2026, at which point Engie S.A. became the ultimate controlling party of the Group and its subsidiaries.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PACE, Andrew Charles | Secretary | 2018-04-30 | — | — |
| SCARSELLA, Basil | Director | 2010-10-29 | Sep 1955 | Australian |
Show 26 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 | 2002-11-15 | 2009-09-17 |
| NAGLE, Michael | Secretary | 2000-05-12 | 2002-11-15 |
| NAGLE, Michael Anthony | Secretary | 1992-09-22 | 1993-09-30 |
| SOUTO, Joe | Secretary | 2009-09-17 | 2010-10-29 |
| TORMEY, Sheila Grace | Secretary | 1993-10-01 | 2000-05-12 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1992-09-01 | 1992-09-22 |
| BAKER, Christopher John | Director | 2000-05-12 | 2001-05-08 |
| CADOUX HUDSON, Humphrey Alan Edward | Director | 2001-05-08 | 2009-04-01 |
| CHAN, Loi Shun | Director | 2012-09-10 | 2026-05-07 |
| CUTTILL, Paul Andrew | Director | 2006-10-13 | 2008-06-10 |
| DE RIVAZ, Vincent | Director | 2002-07-29 | 2004-01-01 |
| ELLIS, Thomas James | Director | 2001-05-08 | 2002-07-29 |
| FERRARI, Laurent | Director | 2008-07-21 | 2010-10-29 |
| HARPLEY, Richard Martin | Director | 2010-10-20 | 2010-10-29 |
| HUNTER, Andrew John | Director | 2010-10-29 | 2026-05-07 |
| KUSTERER, Thomas Andreas | Director | 2009-04-01 | 2010-10-29 |
| MAES, Miriam | Director | 2004-01-01 | 2006-10-12 |
| MCGEE, Neil Douglas | Director | 2010-10-29 | 2012-09-10 |
| NAGLE, Michael | Director | 1992-09-22 | 2001-05-08 |
| PAVIA, Michael James | Director | 2001-05-08 | 2003-07-31 |
| TORMEY, Sheila Grace | Director | 1993-10-01 | 2000-05-12 |
| WEIGHT, John | Director | 2001-05-08 | 2002-07-29 |
| WIDE, Stanley Maunder | Director | 1992-09-22 | 1993-09-30 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1992-09-01 | 1992-09-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Uk Power Networks Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 188 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-20 | AA | accounts | Accounts with accounts type full | |
| 2026-05-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-05-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-15 | AP01 | officers | Appoint person director company with name date | |
| 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 | |
| 2024-06-13 | 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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.