GRAIN LNG LIMITED

• ◆

  Outstanding charges registered

  One or more mortgages or charges remain undischarged on the Companies House register.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -17.1%

  £336,301,000 → £278,780,000

• Cash

  +15.9%

  £106,094,000 → £122,977,000

• Net assets

  +12.2%

  £738,535,000 → £828,666,000

• Employees

  +8%

  200 → 216

• Operating profit

  -16.8%

  £141,804,000 → £118,018,000

• Profit before tax

  -15.9%

  £142,456,000 → £119,764,000

• Wages

  +13.5%

  £14,415,000 → £16,361,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. GRAIN LNG LIMITED 2025-12-10 → present
2. NATIONAL GRID GRAIN LNG LIMITED 2005-10-10 → 2025-12-10
3. GRAIN LNG LIMITED 2003-01-27 → 2005-10-10
4. LATTICE LNG HOLDINGS LIMITED 2002-07-22 → 2003-01-27
5. LNG HOLDINGS LIMITED 2002-06-18 → 2002-07-22

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. The Company is self-sufficient and not reliant on external financial support, expecting to be profitable and to generate positive cash flows in the next twelve months from the date of signing.”

Significant events

• “In May 2024, the National Grid group announced its intention to sell the Grain LNG business. It is currently anticipated that the Company will form part of a disposal group, with the sale process anticipated to complete during the financial year ended 31 March 2026.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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