ESP ELECTRICITY LIMITED
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Cash
£5.6m
-20.3% vs 2024
Net assets
£46m
+12.6% highest in 3 filed years
Employees
77
+13.2% highest in 3 filed years
Profit before tax
£24m
+22.6% 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 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £66,773,000 | £93,087,000 | £97,898,000 | +5.2% | |
| Operating profit | £16,074,000 | £24,409,000 | £29,814,000 | +22.1% | |
| Profit before tax | £12,801,000 | £19,646,000 | £24,081,000 | +22.6% | |
| Net profit | £10,586,000 | — | £20,134,000 | — | |
| Cash | £1,457,000 | £7,033,000 | £5,602,000 | -20.3% | |
| Total assets less current liabilities | £40,363,000 | £52,583,000 | £61,828,000 | +17.6% | |
| Net assets | £34,378,000 | £40,644,000 | £45,778,000 | +12.6% | |
| Equity | £34,378,000 | £40,644,000 | £45,778,000 | +12.6% | |
| Average employees | 53 | 68 | 77 | +13.2% | |
| Wages | £2,637,000 | £3,276,000 | £4,158,000 | +26.9% | |
| Directors' remuneration | £0 | £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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 24.1% | 26.2% | 30.5% | |
| Net margin | 15.9% | — | 20.6% | |
| Return on capital employed | 39.8% | 46.4% | 48.2% | |
| Gearing (liabilities / total assets) | 72.6% | 75.8% | 75.8% | |
| Current ratio | 0.14x | 0.20x | 0.15x | |
| Interest cover | 4.74x | 4.85x | 5.01x |
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
- ESP ELECTRICITY LIMITED 2008-02-05 → present
- LAING O'ROURKE ENERGY LIMITED 2006-06-12 → 2008-02-05
- LAING ENERGY LIMITED 2003-06-19 → 2006-06-12
- SHELFCO (NO. 2836) LIMITED 2003-04-01 → 2003-06-19
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis, notwithstanding that at 31 December 2025 the Company had net current liabilities of £108,618,000 (2024: £92,425,000). The Company is dependent for its working capital on funds provided to it by a fellow group undertaking.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BEACH SECRETARIES LIMITED | Corporate Secretary | 2008-02-04 | — | — |
| BARTER, Justin | Director | 2026-01-01 | Oct 1982 | British |
| LEES, Simon Christopher | Director | 2020-09-07 | Sep 1968 | British |
| LOH, Simon Oliver | Director | 2024-03-18 | Sep 1983 | British |
| MCAVOY, Liam Michael John | Director | 2025-01-01 | May 1987 | British |
| MILES, Paul | Director | 2019-01-21 | Jun 1971 | British |
| O'CONNOR, Kevin | Director | 2018-12-10 | May 1976 | British |
| SPIERS, Victoria Caroline | Director | 2008-02-04 | Aug 1969 | British |
| WHITTAKER, Peter James | Director | 2023-02-21 | Sep 1961 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCKENZIE, Clive William Price | Secretary | 2003-06-18 | 2008-02-04 |
| EPS SECRETARIES LIMITED | Corporate Nominee Secretary | 2003-04-01 | 2003-06-18 |
| ATKINS, Duncan Ross | Director | 2003-06-18 | 2008-02-04 |
| BROWN, James Andrew | Director | 2003-06-18 | 2005-04-30 |
| BUTLER, Thomas William | Director | 2013-08-28 | 2019-05-31 |
| CARR, Michael | Director | 2008-02-04 | 2016-06-03 |
| CLARK, Nicholas John | Director | 2008-02-04 | 2020-06-30 |
| FERGUSON, Iain Donald | Director | 2007-07-23 | 2008-02-04 |
| HARRIS, Sidney Christopher John | Director | 2003-06-18 | 2005-08-31 |
| HUNTER, David John | Director | 2006-05-02 | 2008-02-04 |
| JOHNSON, Dennis Arthur | Director | 2004-02-02 | 2007-07-23 |
| MILLER, Adam | Director | 2019-09-17 | 2024-12-31 |
| MORRIS, Stephen James | Director | 2021-10-25 | 2024-07-09 |
| O'ROURKE, Raymond Gabriel | Director | 2004-02-02 | 2006-05-02 |
| SPETCH, John Gregory | Director | 2006-05-02 | 2008-02-04 |
| WALLACE, Robert William | Director | 2008-02-04 | 2018-06-13 |
| WILLIAMS, Stuart Peter | Director | 2016-05-16 | 2019-09-17 |
| MIKJON LIMITED | Corporate Nominee Director | 2003-04-01 | 2003-06-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Espug Finance Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-09-27 | Active |
| Esp Utilities Group Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2017-09-27 |
Filing timeline
Last 20 of 124 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-15 | AA | accounts | Accounts with accounts type full | |
| 2026-08-09 | AD02 | address | Change sail address company with old address new address | |
| 2026-08-06 | CH04 | officers | Change corporate secretary company with change date | |
| 2026-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-19 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-09-25 | AA | accounts | Accounts with accounts type full | |
| 2025-05-20 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-05-20 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-07-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2023-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-13 | PSC05 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- 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.