INDIGO PIPELINES HOLDCO 2 LIMITED
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Cash
£442k
-27.8% lowest in 3 filed years
Net assets
£16m
+39.1% highest in 3 filed years
Employees
0
Average over period
Profit before tax
£7.3m
+84.6% 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 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | -£30,000 | -£23,000 | -£62,000 | -169.6% | |
| Profit before tax | £2,947,000 | £3,975,000 | £7,338,000 | +84.6% | |
| Net profit | £3,023,000 | £3,981,000 | £7,253,000 | +82.2% | |
| Cash | £729,000 | £612,000 | £442,000 | -27.8% | |
| Total assets less current liabilities | £95,794,000 | £103,901,000 | £116,883,000 | +12.5% | |
| Net assets | £9,499,000 | £11,477,000 | £15,969,000 | +39.1% | |
| Equity | £9,499,000 | £11,477,000 | £15,969,000 | +39.1% | |
| Average employees | — | 0 | 0 | — | |
| Wages | — | £0 | £0 | — | |
| Directors' remuneration | — | £0 | £0 | — | |
| Directors' pension contributions | — | £0 | £0 | — | |
| Highest paid director | — | £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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Return on capital employed | -0.0% | -0.0% | -0.1% | |
| Gearing (liabilities / total assets) | 90.1% | 89.0% | 86.4% | |
| Interest cover | -0.01x | -0.00x | -0.01x |
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
- INDIGO PIPELINES HOLDCO 2 LIMITED 2014-05-29 → present
- MM&S (5827) LIMITED 2014-04-15 → 2014-05-29
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board of Directors expects that the strong operational and financial performance of the business will continue into 2026/27 and beyond, in line with its business plan. The Group's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the Group should be able to continue to be cash generative going forward. This level of reduction is not deemed likely.”
Group structure
- INDIGO PIPELINES HOLDCO 2 LIMITED · parent
- Indigo Pipelines Limited 100%
- Indigo Power Limited 100%
- Indigo Water Limited 100%
- Indigo Meters Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DELANEY, Adam Karl | Director | 2020-10-09 | Jan 1980 | British |
| HAZELWOOD, Charles John Gore | Director | 2019-02-28 | Jul 1963 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DENTONS SECRETARIES LIMITED | Corporate Secretary | 2017-10-27 | 2017-10-27 |
| MACLAY MURRAY & SPENS LLP | Corporate Secretary | 2014-04-15 | 2014-09-18 |
| DELANEY, Adam Karl | Director | 2017-04-12 | 2019-02-28 |
| LE SUEUR, Gary De Vinchelez | Director | 2014-05-28 | 2019-02-28 |
| LOW, Andrew William Lochhead | Director | 2014-09-01 | 2019-02-28 |
| ROBINSON, Tony | Director | 2014-11-24 | 2019-02-28 |
| TOOR, Surinder Singh | Director | 2019-02-28 | 2020-10-09 |
| TRUESDALE, Christine | Director | 2014-04-15 | 2014-05-14 |
| VINDEX LIMITED | Corporate Director | 2014-04-15 | 2014-05-28 |
| VINDEX SERVICES LIMITED | Corporate Director | 2014-04-15 | 2014-05-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Scottish Equity Partners Llp | Corporate entity | Appoints directors | 2016-04-06 | Ceased 2019-02-28 |
| Indigo Pipelines Holdco 1 Limited | Corporate entity | Shares 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 67 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-09 | AA | accounts | Accounts with accounts type full | |
| 2026-06-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-03 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-07-25 | AA | accounts | Accounts with accounts type full | |
| 2025-04-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-07-25 | AA | accounts | Accounts with accounts type full | |
| 2024-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-24 | AA | accounts | Accounts with accounts type full | |
| 2023-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-04-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-04-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-03-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-07-19 | AA | accounts | Accounts with accounts type full | |
| 2022-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-27 | AA | accounts | Accounts with accounts type full | |
| 2021-04-21 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- 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.