GE VERNOVA INDUSTRIAL STERLING TREASURY SERVICES
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Confirmation statement due
2026-11-03 (in 6mo)
Last made up 2025-10-20
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£32M
-81.6% vs 2023
Employees
0
Average over period
Profit before tax
£6M
-57.3% vs 2023
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£6,000 | -£4,000 | |
| Profit before tax | £13,768,000 | £5,877,000 | |
| Net profit | £12,149,000 | £7,496,000 | |
| Cash | — | — | |
| Total assets less current liabilities | — | — | |
| Net assets | £174,698,000 | £32,194,000 | |
| Equity | £174,698,000 | £32,194,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| Directors' remuneration | £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. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
-81.6%
£174,698,000 £32,194,000
-
Employees
—
Not reported
-
Operating profit
+33.3%
-£6,000 -£4,000
-
Profit before tax
-57.3%
£13,768,000 £5,877,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Interest cover | -0.00x | -0.00x |
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.
Name history
Renamed 2 times since incorporation — the current trading name was adopted 2025-02-03
- GE VERNOVA INDUSTRIAL STERLING TREASURY SERVICES 2025-02-03 → present
- GE INDUSTRIAL STERLING TREASURY SERVICES 2016-12-16 → 2025-02-03
- GE INDUSTRIAL STERLING TREASURY SERVICES LIMITED 2015-10-21 → 2016-12-16
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has net assets of £32,194,000 as at 31 December 2024 (2023: £174,698,000) and a profit for the year ended of £7,496,000 (2023: £12,149,000). Based on this position the financial statements have been prepared on a going concern basis which the directors consider to be appropriate.”
Significant events
- “As a consequence of the spin-off by General Electric Company of its energy business operations on 2 April 2024, GE Vernova Industrial Sterling Treasury Services became part of GE Vernova.”
- “On 18 March 2024 the company reduced its issued share capital from £38,000,001 to one ordinary share of £1 by cancelling and extinguishing 38,000,000 of the issued and fully paid ordinary shares.”
- “On 19 March 2024 the company paid a dividend of £150,000,000 to its then parent GE Industrial Treasury Holdings.”
- “On 3 February 2025 the company changed its name to GE Vernova Industrial Sterling Treasury Services.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2015-10-21 | — | — |
| O'KEEFFE, John Kevin | Director | 2024-04-05 | May 1978 | British |
| SHELLARD, Craig Anthony | Director | 2024-04-05 | Nov 1972 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRENNAN, Ann Elizabeth | Director | 2015-10-21 | 2017-05-23 |
| BUDGE, Andrew Thomas Peter | Director | 2015-10-21 | 2024-04-05 |
| CITRON, Zachary Joseph | Director | 2015-10-21 | 2017-04-21 |
| DWYER, Stephen John | Director | 2015-10-21 | 2017-05-03 |
| MATHUR, Akhlesh Prasad | Director | 2015-10-21 | 2024-04-05 |
| MITTER, Akash | Director | 2015-10-21 | 2016-12-15 |
| WHEELER, Gillian May | Director | 2015-10-21 | 2017-06-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ge Vernova Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-04-02 | Active |
| General Electric Company | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-03-19 | Ceased 2024-04-02 |
| Ge Industrial Treasury Holdings | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-23 | Ceased 2024-03-19 |
Filing timeline
Last 20 of 50 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-02-03 CERTNM Certificate change of name company PDF
- 2024-03-22 RESOLUTIONS Resolution
- 2024-03-22 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-27 | AA | accounts | Accounts with accounts type full | |
| 2025-02-03 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-10-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-04 | AA | accounts | Accounts with accounts type full | |
| 2024-05-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-05-16 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-04-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-04-23 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-04-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-22 | RESOLUTIONS | resolution | Resolution | |
| 2024-03-22 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-24 | AA | accounts | Accounts with accounts type full | |
| 2022-10-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-26 | AA | accounts | Accounts with accounts type full | |
| 2021-10-21 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.