SCOTTISH HYDRO ELECTRIC POWER DISTRIBUTION PLC

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

  +20.1%

  £368,700,000 → £442,700,000

• Cash

  +1.6%

  £19,200,000 → £19,500,000

• Net assets

  +6.8%

  £450,900,000 → £481,600,000

• Employees

  +26.5%

  1,456 → 1,842

• Operating profit

  +58.9%

  £82,700,000 → £131,400,000

• Profit before tax

  +103.7%

  £49,300,000 → £100,400,000

• Wages

  +19.5%

  £71,300,000 → £85,200,000

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. SCOTTISH HYDRO ELECTRIC POWER DISTRIBUTION PLC 2007-02-02 → present
2. SCOTTISH HYDRO-ELECTRIC POWER DISTRIBUTION PLC 2006-08-25 → 2007-02-02
3. SCOTTISH HYDRO-ELECTRIC POWER DISTRIBUTION LIMITED 2001-03-08 → 2006-08-25
4. SSE DISTRIBUTION (NORTH) LIMITED 2001-01-08 → 2001-03-08
5. DUNWILCO (847) LIMITED 2000-12-04 → 2001-01-08

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“the Directors are satisfied that the Group, and the Company itself, will remain funded for the going concern period through to 31 December 2026. The Directors have therefore concluded it is appropriate for the financial statements to be prepared on a going concern basis.”

Group structure

1. SCOTTISH HYDRO ELECTRIC POWER DISTRIBUTION PLC · parent
   1. Electralink Limited 4.89% · England and Wales · Data Transfer Service Operator
   2. DCUSA Limited 1.69% · England and Wales · Billing Framework Operator
   3. Smart Energy Code Company Limited 0.33% · England and Wales · Smart Metering Implementation Management
   4. Retail Energy Code Company Limited 0.01% · England and Wales · Management of Retail Energy Code

Significant events

• “During the year, the Company was adversely impacted by Storm Éowyn which was described by the Met Office as "the strongest storm in a decade" with winds of up to 100mph, causing 92,000 customers to lose electricity supply with the scale of the damage being immense, resulting in some stretches of the network having to be completely rebuilt.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

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.