PREMIER TRANSMISSION FINANCING PUBLIC LIMITED COMPANY

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

  -2.8%

  £31,138,000 → £30,280,000

• Cash

  +73.5%

  £9,693,000 → £16,819,000

• Net assets

  +46.7%

  £17,489,000 → £25,664,000

  highest in 3 filed years

• Employees

  -17.6%

  17 → 14

• Operating profit

  -4.3%

  £13,042,000 → £12,484,000

• Profit before tax

  +21.9%

  £9,191,000 → £11,202,000

• Wages

  -8.9%

  £720,000 → £656,000

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.

1. PREMIER TRANSMISSION FINANCING PUBLIC LIMITED COMPANY 2005-01-28 → present
2. PUBLIC TRANMISSIONS FINANCING PUBLIC LIMITED COMPANY 2005-01-28 → 2005-01-28

Accounting basis

UK-adopted IAS

Reporting scope

Consolidated group

Auditor

Grant Thornton (NI) LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group is cash generative and is forecast to remain cash positive. The forecast cash generated is adequate to meet the Group's liabilities as they fall due for 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 Group”

Group structure

1. PREMIER TRANSMISSION FINANCING PUBLIC LIMITED COMPANY · parent
   1. Premier Transmission Limited 100% · Northern Ireland · Operation of the Scotland to Northern Ireland pipeline

Significant events

• “The Mutual Energy group delivered the first new gas transmission connection in over a decade by providing the connection for gas supply to the Kilroot power station.”
• “During storm Darragh in December 2024, the Ballylumford power station became unavailable as the storm caused damage to one of the plant's chimneys. The Kilroot station was brought on to run continuously during the Ballylumford plant outage.”
• “The new long term Maintenance and Emergency Response and Project Services contract for the gas businesses was awarded to SGN in November 2024.”
• “ISO 55001 (Asset Management System) re-certification achieved in October 2024.”
• “The Mutual Energy group achieved Gold status in Northern Ireland's Business in the Community's annual environmental benchmarking survey 2024.”

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.