ELECTRICITY SETTLEMENTS COMPANY LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-02 (in 8mo)
Last made up 2025-12-19
Watchouts
None on the register
Cash
£364M
+15.1% vs 2024
Net assets
£0
Equity attributable
Employees
0
Average over period
Profit before tax
—
Period ending 2025-03-31
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £0 | £0 | |
| Cash | £315,889,000 | £363,628,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £0 | £0 | |
| Equity | £0 | £0 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| Directors' remuneration | £157,000 | £147,577 |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
+15.1%
£315,889,000 £363,628,000
-
Net assets
—
Not reported
-
Employees
—
Not reported
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 100.0% | 100.0% | |
| Current ratio | 1.00x | 1.00x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Comptroller and Auditor General
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate resources to continue to operate for the foreseeable future. The financial statements therefore continue to be prepared on a going concern basis. I 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.”
Significant events
- “No post balance sheet events to be recognised or disclosed.”
- “Our overall risk landscape continued to evolve in 2024/25, particularly given the changes in the wider energy market and our growth strategy.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SANDLE, Allison Jane | Secretary | 2020-11-02 | — | — |
| ALDRIDGE, Amanda Jane | Director | 2020-04-02 | Dec 1962 | British |
| BICKERSTAFF, Anthony Oliver | Director | 2025-09-03 | Jun 1964 | British |
| COLEMAN, Joanna Clare | Director | 2024-06-06 | May 1968 | British |
| JONES, Hugo Owen | Director | 2026-03-30 | Sep 1991 | British |
| MAYHEW, Maxine Eleanor, Dr | Director | 2020-08-13 | Aug 1973 | British |
| MCDERMOTT, Neil | Director | 2014-07-22 | Sep 1964 | British |
| MCILROY, Gerard Myles | Director | 2020-10-27 | Feb 1969 | British |
| MCVICAR, Euan Forbes | Director | 2025-05-12 | Sep 1972 | British |
| OSGOOD, Dan | Director | 2023-11-06 | May 1976 | British |
| PITT, George Nicholas Edward | Director | 2020-08-13 | Jun 1977 | British |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HAMBROOK, Rachael | Secretary | 2020-06-06 | 2020-11-02 |
| MACRITCHIE, Kenneth Macmillan | Secretary | 2014-03-26 | 2014-10-09 |
| WILLIAMS, Claire Anne | Secretary | 2014-10-09 | 2020-06-06 |
| BALDOCK, Anne Elizabeth | Director | 2014-11-11 | 2021-05-11 |
| BICKERSTAFF, Anthony Oliver | Director | 2014-11-11 | 2020-10-02 |
| BURKE, Declan Patrick | Director | 2020-01-29 | 2023-07-10 |
| BURKE, Declan Patrick | Director | 2014-03-26 | 2014-07-22 |
| COLLYER, Katherine Sara | Director | 2018-09-13 | 2019-10-05 |
| ELLISTON, Simon James | Director | 2015-12-16 | 2018-04-12 |
| FINN, Regina | Director | 2019-09-02 | 2025-09-03 |
| GAN, Catherine | Director | 2017-04-24 | 2019-11-15 |
| HURST, Stephanie, Dr | Director | 2020-01-29 | 2026-03-29 |
| KEOHANE, James Anthony | Director | 2014-07-22 | 2020-02-29 |
| KING, Marion Ruth | Director | 2014-11-11 | 2017-11-11 |
| LAMPRELL, Helen Louise | Director | 2021-01-19 | 2024-10-31 |
| LONG, David Roger | Director | 2015-10-27 | 2019-12-12 |
| MILLS, Jonathan | Director | 2014-03-26 | 2015-10-27 |
| MURRAY, Christopher John | Director | 2018-06-26 | 2024-06-25 |
| ODGERS, Anthony Louis | Director | 2014-05-20 | 2015-10-27 |
| OREBI GANN, Simon James, Dr | Director | 2014-11-11 | 2020-11-11 |
| READ, CBE, Martin Peter, Dr | Director | 2014-07-22 | 2018-09-30 |
| TURNER, Helen Elizabeth | Director | 2014-07-22 | 2016-12-07 |
| WHITE, Anthony Alfred Leigh, Dr | Director | 2014-11-11 | 2018-07-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Secretary Of State For The Department Of Energy Security And Net Zero | Legal person | Shares 75–100% | 2023-05-03 | Active |
| Secretary Of State For Business, Energy And Industrial Strategy | Legal person | Shares 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-05-02 |
Filing timeline
Last 20 of 88 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-10 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-30 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-09-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-05 | AA | accounts | Accounts with accounts type full | |
| 2025-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-19 | PSC06 | persons-with-significant-control | Change to a person with significant control | |
| 2024-11-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-09 | AA | accounts | Accounts with accounts type full | |
| 2024-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-01 | AA | accounts | Accounts with accounts type full | |
| 2023-07-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-05-25 | PSC03 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 2
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.