THE ELECTRICITY NETWORK COMPANY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-18 (in 5mo)
Last made up 2025-10-04
Watchouts
None on the register
Cash
£860
-99.9% vs 2023
Net assets
£560M
+8.6% vs 2023
Employees
—
Average over period
Profit before tax
£11M
+577.1% vs 2023
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £111,333,775 | £149,318,784 | |
| Operating profit | £3,944,918 | £20,539,192 | |
| Profit before tax | -£2,348,141 | £11,203,761 | |
| Net profit | -£1,895,694 | £8,329,307 | |
| Cash | £909,575 | £860 | |
| Total assets less current liabilities | £676,536,392 | £739,670,953 | |
| Net assets | £515,485,831 | £559,632,696 | |
| Equity | £515,485,831 | £559,632,696 | |
| Average employees | — | — | |
| Wages | — | — | |
| 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. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+34.1%
£111,333,775 £149,318,784
-
Cash
-99.9%
£909,575 £860
-
Net assets
+8.6%
£515,485,831 £559,632,696
-
Employees
—
Not reported
-
Operating profit
+420.6%
£3,944,918 £20,539,192
-
Profit before tax
+577.1%
-£2,348,141 £11,203,761
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.5% | 13.8% | |
| Net margin | -1.7% | 5.6% | |
| Return on capital employed | 0.6% | 2.8% | |
| Current ratio | 0.13x | 0.14x | |
| Interest cover | 0.63x | 2.20x |
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 1 time since incorporation
- THE ELECTRICITY NETWORK COMPANY LIMITED 2006-02-27 → present
- DE FACTO 1307 LIMITED 2006-02-02 → 2006-02-27
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue to adopt the going concern basis in preparing the annual report and financial statements.”
Significant events
- “The profit for the year, after taxation, amounted to £8,329,307 (2023: loss of £1,895,694), the result is largely driven by pricing due to one-off industry rate increases.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MUMFORD, Christopher | Secretary | 2013-03-05 | — | British |
| BRETT, Richard Mark | Director | 2023-07-28 | Jun 1985 | British |
| HOCKMAN, Samuel | Director | 2025-03-31 | Sep 1982 | British |
| LINSDELL, Clive Eric | Director | 2006-06-01 | Mar 1962 | British |
| OVERMAN, David Walter | Director | 2012-05-08 | Jan 1961 | British |
| TROUNSON, John | Director | 2017-12-01 | Dec 1966 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LARGENT, Barry Roy | Secretary | 2006-02-24 | 2009-02-13 |
| LEE, Simon John | Secretary | 2009-02-13 | 2016-06-17 |
| MANNING, Edward Andrew | Secretary | 2023-11-06 | 2024-06-25 |
| STANDRING, Susan Lisa | Secretary | 2016-08-18 | 2022-04-20 |
| TRAVERS SMITH SECRETARIES LIMITED | Corporate Secretary | 2005-10-04 | 2006-02-24 |
| CORNEY, Darryl John | Director | 2013-08-09 | 2023-07-28 |
| HINDLE, Nicola Ruth | Director | 2021-04-14 | 2023-12-20 |
| MORGAN, Dawn Caroline | Director | 2006-02-24 | 2011-10-31 |
| RICHARDS, Michael Roy | Director | 2006-02-24 | 2006-09-30 |
| SHAW, Neil Edward | Director | 2024-05-09 | 2025-09-17 |
| SHAW, Neil Edward | Director | 2006-02-24 | 2013-12-31 |
| TRAVERS SMITH LIMITED | Corporate Director | 2005-10-04 | 2006-02-24 |
| TRAVERS SMITH SECRETARIES LIMITED | Corporate Director | 2005-10-04 | 2006-02-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Gas Transportation Company Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2016-04-06 |
| Buuk Infrastructure No 2 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 91 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-21 | AA | accounts | Accounts with accounts type full | |
| 2025-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-10 | AA | accounts | Accounts with accounts type full | |
| 2024-06-25 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-05-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-06 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-23 | AA | accounts | Accounts with accounts type full | |
| 2023-07-28 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-28 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-20 | AA | accounts | Accounts with accounts type full | |
| 2022-04-20 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-10-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-14 | AA | accounts | Accounts with accounts type full | |
| 2021-04-14 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.