NATIONAL GAS METERING LIMITED
Operating as a subsidiary of National Gas Transmission plc, the company manages and maintains traditional gas meters across Great Britain following its separation from National Grid.
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Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
—
Average over period
Profit before tax
£5m
-31.1% lowest 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 | £55,595,000 | £56,111,000 | £57,149,000 | +1.8% | |
| Operating profit | £4,681,000 | £4,043,000 | £3,851,000 | -4.7% | |
| Profit before tax | £10,178,000 | £7,270,000 | £5,008,000 | -31.1% | |
| Net profit | £7,479,000 | £5,478,000 | £3,775,000 | -31.1% | |
| Cash | £4,000 | £1,000 | — | — | |
| Total assets less current liabilities | £150,451,000 | £35,801,000 | — | — | |
| Net assets | £148,819,000 | £34,297,000 | — | — | |
| Equity | £148,819,000 | £34,297,000 | — | — | |
| Average employees | 178 | 149 | — | — | |
| Wages | £7,336,000 | £7,079,000 | — | — | |
| 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 | 8.4% | 7.2% | 6.7% | |
| Net margin | 13.5% | 9.8% | 6.6% | |
| Return on capital employed | 3.1% | 11.3% | — | |
| Gearing (liabilities / total assets) | 13.0% | 35.0% | — | |
| Current ratio | 7.75x | 2.38x | — | |
| Interest cover | 74.30x | 41.68x | 43.27x |
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 4 times since incorporation
- NATIONAL GAS METERING LIMITED 2023-02-06 → present
- NATIONAL GRID METERING LIMITED 2005-10-10 → 2023-02-06
- TRANSCO METERING SERVICES LIMITED 2002-04-26 → 2005-10-10
- TRANSCO METERING SERVICES (WALES) LIMITED 2000-10-13 → 2002-04-26
- BG METERING SERVICES (WALES) LIMITED 1999-02-02 → 2000-10-13
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These financial statements have been prepared on a going concern basis, which presumes that the Company has adequate resources to remain in operation, and that the Directors intend it to do so, for at least one year from the date the financial statements are signed. In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 55 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BERNSAND, Charlotta Sofia | Secretary | 2022-10-21 | — | — |
| BYRNE, David | Secretary | 2022-10-21 | — | — |
| AUER, Liam Patrick | Director | 2025-01-06 | May 1989 | Australian |
| DELA CRUZ, Jenny Lyn | Director | 2024-01-29 | Dec 1990 | Canadian |
| DIVOKY, Jerry James | Director | 2023-01-31 | Aug 1966 | Canadian |
| HIGGINS, Howard Charles | Director | 2023-01-31 | Mar 1953 | British |
| MATHIESON, Mark William | Director | 2023-01-31 | Sep 1966 | British |
| PRICE, William David George | Director | 2023-01-31 | Sep 1984 | British |
| QURESHI, Abdul Moiz | Director | 2023-07-21 | Aug 1986 | Canadian,Pakistani |
| WATSON, Robin | Director | 2025-03-21 | Feb 1967 | British |
Show 55 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAKER, Helen Alice | Secretary | 2006-10-16 | 2007-10-22 |
| BARNES, Megan | Secretary | 2018-11-30 | 2022-10-21 |
| COCKBURN, Emma Suzanne | Secretary | 2007-10-19 | 2008-09-26 |
| DURRANT, Andrew Peter | Secretary | 2006-10-16 | 2007-10-19 |
| EVES, Richard Anthony | Secretary | 2000-09-05 | 2006-10-16 |
| FORWARD, David Charles | Secretary | 2010-11-11 | 2013-11-30 |
| GRIFFIN, John Edward Henry | Secretary | 1999-03-16 | 2000-09-05 |
| HAGAN, Lawrence | Secretary | 2018-01-09 | 2022-10-21 |
| HIGGINS, Philip Lyndon | Secretary | 2008-09-26 | 2009-11-24 |
| JAMES, Ceri | Secretary | 2015-07-24 | 2018-01-09 |
| MORGAN, Alice Parker | Secretary | 2016-03-01 | 2018-11-30 |
| NOBLE, Mark David | Secretary | 2007-10-22 | 2010-11-01 |
| POOLE, Andrew Philip | Secretary | 2000-09-05 | 2002-10-31 |
| RAYNER, Heather Maria | Secretary | 2009-11-24 | 2016-03-01 |
| WATERLOW REGISTRARS LIMITED | Corporate Secretary | 1999-02-02 | 1999-03-16 |
| WATERLOW SECRETARIES LIMITED | Corporate Nominee Secretary | 1999-02-02 | 1999-02-02 |
| AGOUMI, Mia | Director | 2023-01-31 | 2024-03-11 |
| ASTLE, Edward Morrison | Director | 2003-10-16 | 2008-04-30 |
| BRACKEN, Vivienne | Director | 2008-10-27 | 2011-04-21 |
| BUTTERWORTH, Jonathan | Director | 2021-10-21 | 2023-01-31 |
| BUTTERWORTH, Jonathan | Director | 2020-05-26 | 2021-05-01 |
| BUTTERWORTH, Jonathan | Director | 2013-11-05 | 2017-12-01 |
| CARLTON, Jonathan Mark Guille | Director | 2011-04-21 | 2013-11-05 |
| COOPER, Malcolm Charles | Director | 2002-05-17 | 2003-10-16 |
| DICKIE, Kylee Marie | Director | 2023-01-31 | 2024-03-11 |
| DUNKERLEY, Guy Allyson | Director | 2011-04-21 | 2014-12-01 |
| EDWARDS, Mark | Director | 1999-03-16 | 2000-09-05 |
| EVES, Richard Anthony | Director | 2000-09-05 | 2002-05-17 |
| FARKAS, David | Director | 2024-10-21 | 2025-02-28 |
| FENN, Jonathan Charles | Director | 2018-07-13 | 2021-07-31 |
| FOSTER, Alan Peter | Director | 2008-04-30 | 2010-12-31 |
| GRIFFIN, John Edward Henry | Director | 1999-03-16 | 2000-09-05 |
| HALLAM-JONES, Emily Jane | Director | 2021-05-01 | 2022-10-21 |
| HOOPER, Nick | Director | 2021-10-21 | 2023-01-31 |
| HOOPER, Nick | Director | 2014-12-05 | 2021-05-01 |
| HUMPHREYS, Stuart Calvin | Director | 2014-02-01 | 2019-12-31 |
| HUMPHRIES-NEW, Natalie | Director | 2023-01-31 | 2024-09-26 |
| JORDAN, Mark, Mr | Director | 2008-04-30 | 2009-07-31 |
| KEELING, Timothy | Director | 2023-03-04 | 2023-11-30 |
| KELLY, Rhian Catriona | Director | 2023-01-31 | 2024-03-11 |
| LONG, Maxine Yvette | Director | 2018-04-19 | 2023-01-31 |
| MEDALOVA, Nicola | Director | 2014-11-24 | 2018-07-13 |
| PHAM, Nghi Do Truong | Director | 2023-03-04 | 2023-07-21 |
| POOLE, Andrew Philip | Director | 2000-09-05 | 2002-05-17 |
| PULLEN, Neil James | Director | 2011-07-15 | 2014-09-26 |
| RYAN, Linda Claire | Director | 2006-07-14 | 2008-06-02 |
| SELLARS, Melissa Jane | Director | 2003-10-16 | 2006-07-14 |
| SHOESMITH, Colin Michael | Director | 2002-05-17 | 2008-03-31 |
| SYSON, Edward Charles | Director | 2010-11-01 | 2011-06-30 |
| TSIRIMPA, Aikaterini | Director | 2023-01-31 | 2024-09-26 |
| WEBB, Lincoln Hillier | Director | 2023-01-31 | 2024-10-21 |
| WESTERMAN, Daniel Francis | Director | 2017-12-01 | 2020-05-26 |
| WILSON, Benjamin Hollis | Director | 2023-01-31 | 2024-09-26 |
| WATERLOW DOMICILIARY LIMITED | Corporate Director | 1999-02-02 | 1999-03-16 |
| WATERLOW NOMINEES LIMITED | Corporate Nominee Director | 1999-02-02 | 1999-02-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Macquarie Infrastructure And Real Assets (Europe) Limited | Corporate entity | Significant influence | 2023-01-31 | Active |
| National Gas Transmission Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 218 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-02-19 RESOLUTIONS Resolution
- 2025-02-19 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-14 | AA | accounts | Accounts with accounts type full | |
| 2026-08-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-07-16 | TM01 | officers | Termination director company with name termination date | |
| 2026-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-12 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-08-07 | CS01 | confirmation-statement | Confirmation statement | |
| 2025-07-30 | AA | accounts | Accounts with accounts type full | |
| 2025-04-03 | CH03 | officers | Change person secretary company with change date | |
| 2025-03-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-19 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-19 | MA | incorporation | Memorandum articles | |
| 2025-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.