PREMIER TRANSMISSION LIMITED
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Cash
£4.7m
-71.8% lowest in 3 filed years
Net assets
£81m
+13.1% highest in 3 filed years
Employees
15
+7.1% vs 2025
Profit before tax
£12m
+10.3% 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 | £31,138,000 | £30,280,000 | £32,537,000 | +7.5% | |
| Operating profit | £14,533,000 | £13,978,000 | £16,389,000 | +17.2% | |
| Profit before tax | £7,195,000 | £10,990,000 | £12,123,000 | +10.3% | |
| Net profit | £5,293,000 | £8,826,000 | £9,455,000 | +7.1% | |
| Cash | £9,643,000 | £16,769,000 | £4,726,000 | -71.8% | |
| Total assets less current liabilities | £170,857,000 | £181,468,000 | £194,140,000 | +7% | |
| Net assets | £63,167,000 | £71,993,000 | £81,448,000 | +13.1% | |
| Equity | £63,167,000 | £71,993,000 | £81,448,000 | +13.1% | |
| Average employees | 17 | 14 | 15 | +7.1% | |
| Wages | £720,000 | £656,000 | £729,000 | +11.1% | |
| Directors' remuneration | £78,000 | £84,000 | £70,000 | -16.7% |
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 |
|---|---|---|---|---|
| Operating margin | 46.7% | 46.2% | 50.4% | |
| Net margin | 17.0% | 29.1% | 29.1% | |
| Return on capital employed | 8.5% | 7.7% | 8.4% | |
| Gearing (liabilities / total assets) | 65.1% | 63.7% | 60.8% | |
| Current ratio | 12.08x | 8.52x | 11.33x | |
| Interest cover | 1.50x | 2.65x | 2.52x |
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
- PREMIER TRANSMISSION LIMITED 2000-06-01 → present
- PREMIER TRANSCO LIMITED 1992-03-09 → 2000-06-01
Audit & accounting basis
- Accounting basis
- FRS 101 Reduced Disclosure Framework (UK-adopted IAS)
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton (NI) LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company is cash generative and is forecast to remain cash positive. The forecast cash generated is adequate to meet the Company's liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements including the scheduled partial repayment of bond capital and interest. In the unlikely event that a change in circumstances results in the Company being short of adequate cash to service the bond an arrangement approved by the Northern Ireland Authority for Utility Regulation would be triggered which would ensure bond payments are made. Accordingly, the Directors consider it appropriate to adopt the going concern basis in the preparation of the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 36 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARMSTRONG, Emma Jayne | Secretary | 2025-07-01 | — | — |
| GRAY, David Middleton | Director | 2019-01-01 | May 1952 | British |
| LARKIN, Patrick | Director | 2007-01-22 | Oct 1968 | Irish |
| LEWIS, Alexandra Morton | Director | 2026-01-01 | Jan 1972 | British |
| MCCRACKEN, Harold | Director | 2021-09-01 | Jun 1949 | British |
| MCILROY, Gerard Myles | Director | 2010-01-01 | Feb 1969 | British |
| MCKEOWN, Norman | Director | 2023-11-20 | Jun 1957 | British |
| O'REILLY, Maureen | Director | 2024-11-20 | Jan 1968 | Irish |
| RICHARDS, Ceri | Director | 2020-03-01 | Dec 1958 | British |
Show 36 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAPITAL HOUSE, Arthur Cox Northern Ireland | Secretary | 2005-03-18 | 2009-09-26 |
| INMAN, Carol Susan | Secretary | 1992-03-09 | 2005-03-18 |
| MCILROY, Gerard Myles | Secretary | 2009-08-26 | 2025-06-30 |
| ADAMSON, William Harvey | Director | 2002-09-18 | 2005-03-18 |
| ANDERSON, Patrick Michael | Director | 2016-10-01 | 2024-09-25 |
| ASPDEN, Christopher Jonathan | Director | 1992-03-09 | 1999-02-12 |
| BLACK, Clarke | Director | 2011-01-01 | 2017-09-30 |
| BURGESS, Brian Robert | Director | 1992-03-09 | 1999-09-21 |
| CARGO, William James | Director | 2005-03-18 | 2010-01-01 |
| COTGRAVE, Alexander George | Director | 1999-09-21 | 2000-08-15 |
| DAWSON, Leslie William | Director | 2000-11-13 | 2002-05-09 |
| DIBRITA, Anthony Joseph | Director | 1999-04-15 | 2002-03-19 |
| ELLIS, Stephen Francis | Director | 1999-09-21 | 2002-03-18 |
| FINN, Regina | Director | 2008-11-01 | 2018-12-31 |
| HUSTON, Felicity Victoria | Director | 2005-10-12 | 2010-09-21 |
| JAMIESON, Michael Alan | Director | 2000-11-01 | 2002-01-08 |
| KIRKPATRICK, Stephen | Director | 2010-04-01 | 2016-09-29 |
| LOCKE, Alasdair James Dougall | Director | 2005-03-18 | 2008-12-31 |
| MCATEER, Damian Gerard | Director | 2005-10-12 | 2009-09-29 |
| MCCALLUM, Angus Charles De Symons | Director | 2000-11-01 | 2002-03-04 |
| MCCLURE, Alan David | Director | 2005-10-12 | 2009-09-29 |
| MCKERNAN, Michael James | Director | 2018-01-01 | 2024-09-25 |
| MICHIE, Ross Thomas | Director | 2002-03-19 | 2005-03-18 |
| MINGAY, Katherine Jane | Director | 2014-05-01 | 2021-09-23 |
| MONTGOMERY, David John | Director | 2005-03-18 | 2008-03-31 |
| MURRAY, Christopher John | Director | 2014-05-01 | 2022-09-29 |
| NICHOLS, Harold Nielson | Director | 2002-06-25 | 2005-03-18 |
| PETER, Helmut William | Director | 1992-03-09 | 1999-02-12 |
| PLACKETT, Martin William | Director | 1992-03-09 | 1999-09-21 |
| RAINEY, Alan | Director | 2005-03-21 | 2007-06-21 |
| ROONEY, James Albert | Director | 1992-03-09 | 2005-03-18 |
| SHAW, Nigel Richard | Director | 1999-09-21 | 2001-07-27 |
| SHEERAN, Nuala | Director | 2005-10-12 | 2007-03-31 |
| SURRALL, Stephen John | Director | 2001-07-27 | 2002-09-18 |
| WALSH, Gerry | Director | 2008-10-01 | 2013-12-31 |
| WARRY, Peter Thomas, Dr | Director | 2008-09-23 | 2013-11-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Premier Transmission Financing Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 236 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-19 | AA | accounts | Accounts with accounts type full | |
| 2026-07-06 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-08 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-07-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-07-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-02 | AA | accounts | Accounts with accounts type full | |
| 2024-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-22 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-14 | AA | accounts | Accounts with accounts type full | |
| 2023-02-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-04 | AUD | auditors | Auditors resignation company | |
| 2022-10-04 | AUD | auditors | Auditors resignation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- 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.