SSE UTILITY SOLUTIONS LIMITED

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

  +42.3%

  £28,607,000 → £40,701,000

• Cash

  —

  Not reported

• Net assets

  -89.1%

  £23,114,000 → £2,514,000

• Employees

  -5%

  464 → 441

• Operating profit

  -46.7%

  -£17,924,000 → -£26,291,000

• Profit before tax

  -39.1%

  -£21,260,000 → -£29,576,000

• Wages

  -3.6%

  £28,929,000 → £27,881,000

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are prepared on a going concern basis which has been supported by the provision of a parental letter of support from SSE plc. The Group letter of support confirms that the Group will provide support to 31 December 2026 where required. The Directors are satisfied that the Group has the ability to provide this support, should it be required.”

Group structure

1. SSE UTILITY SOLUTIONS LIMITED · parent
   1. SSE Imperial Park PN Limited 1% · England & Wales · Private Networks
   2. SSE Digital Services Limited 1% · England & Wales · Digital Services
   3. SSE BTM Holdco Limited 1% · England & Wales · Holding Company
   4. SSE DE Solar Holdco Limited 1% · England & Wales · Holding Company
   5. SSE Airtricity Distributed Energy Limited 1% · Ireland · Electrical Vehicles
   6. SSE Private Networks Holdco Limited 1% · England & Wales · Holding Company
   7. SSE HV Electricity Assets Limited 1% · England & Wales · Electrical Vehicles
   8. SSE IAMP Microgrid Limited 1% · England & Wales · Private Networks
   9. SSE BTM Operational Assets Limited 1% · England & Wales · Solar Storage

Significant events

• “In July 2024, SSE Utility Solutions Limited and Total Energies entered a joint venture to establish a new major player in EV charging infrastructure in the UK and Ireland, under the brand "Source". As a result of this transaction, an impairment of (£7,189k) is recorded in exceptional items in the profit and loss account.”
• “In March 2025, SSE Utility Solutions Limited sold its gas meter assets to Indigo Meters Limited, a business conducting service and delivery of gas connections. A gain on disposal of £7,348k is recognised in the accounts to Mar 25.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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