UK-visible control · infrastructure investor

Dalmore Capital

UK companies whose ownership chain resolves to Dalmore Capital, via 57 matched control vehicles. Two views: every company where the firm is a significant-control PSC, and the narrower set it majority-controls.

Dalmore Capital is a UK-based independent infrastructure fund manager, founded in 2009 and headquartered in London. It invests in and manages lower-volatility infrastructure assets, mainly in the UK but also in Ireland, continental Europe and Canada, through discretionary managed funds, co-investments and single-asset vehicles. The firm says it manages over £5.5 billion in assets under management and 130+ infrastructure assets.

External profile · [1] [2] [3] [4]

Majority control

≥50% shares/votes or board control

£184m

turnover · full accounts of controlled companies

Companies
202
Employees
0
PBT
£-10,773

All disclosed control

incl. minority (≥25%) PSC stakes

£747m

turnover · 491 companies

Employees
86
With accounts
159 (32%)

Control structure

Majority control · top platforms by turnover · 202 companies controlled in total

Platforms are the firm's accounts-filing holdings; figures are their (consolidated) turnover. Subsidiaries beneath them are already inside that total — shown for structure, not added again.

Largest UK holdings (2026)

Majority control · by turnover · 52 have filed accounts

Company PSC control Turnover PBT Emp.
PETERBOROUGH PRISON MANAGEMENT LIMITED controlled via 2 hops · every link ≥50% 75–100% £56m £7m 0
ASHFORD PRISON SERVICES LIMITED controlled via 2 hops · every link ≥50% 75–100% £44m £5m 0
HEALTH MANAGEMENT (CARLISLE) LIMITED controlled via 2 hops · every link ≥50% 75–100% £29m £5m 0
INTEQ SERVICES LTD. controlled via 2 hops · every link ≥50% 75–100% £21m £1m 0
INVESTORS IN THE COMMUNITY (BUXTON) LIMITED controlled via 4 hops · every link ≥25% 75–100% £12m £3m 0
NIHG SOUTH WEST HEALTH PARTNERSHIP LIMITED controlled via 4 hops · every link ≥25% 75–100% £8m £-3m 0
INSPIREDSPACES ROCHDALE (PROJECTCO2) LIMITED controlled via 2 hops · every link ≥75% 75–100% £3m £267,075 0
INSPIREDSPACES ROCHDALE (PROJECTCO1) LIMITED controlled via 2 hops · every link ≥50% 75–100% £3m £341,238 0
ACHNACARRY HYDRO LTD controlled via 5 hops · every link ≥25% 75–100% £3m £1m 0
BANGOR AND NENDRUM SCHOOLS SERVICES HOLDINGS LIMITED controlled directly · every link ≥50% 50–75% £3m £504,120
GREEN HIGHLAND ALLT PHOCACHAIN (1015) LIMITED controlled via 5 hops · every link ≥25% 75–100% £1m £369,638 0
GREEN HIGHLAND ALLT LADAIDH (1148) LIMITED controlled via 5 hops · every link ≥25% 75–100% £820,446 £197,473 0
GREEN HIGHLAND ALLT CHOIRE A BHALACHAIN (255) LIMITED controlled via 5 hops · every link ≥25% 75–100% £553,945 £133,996 0
GREEN HIGHLAND ALLT LUAIDHE (228) LIMITED controlled via 5 hops · every link ≥25% 75–100% £461,541 £76,724 0
ELEMENTARY ENERGY LIMITED controlled via 5 hops · every link ≥25% 75–100% £434,258 £131,319 0
ELGIN INFRASTRUCTURE LIMITED controlled via 2 hops · every link ≥50% 50–75% £328,000 £13m 0
GEORGE STREET CAPITAL LIMITED controlled via 2 hops · every link ≥75% 75–100% £62,000 £442,000 0

How this is built — and its limits

  • Control, not ownership. PSC filings disclose significant control (≥25% shares/votes, board rights, significant influence) — not economic ownership. We never assert a cap table.
  • "PSC control" is a band, not an exact stake. Companies House discloses control only in ranges (25–50%, 50–75%, 75–100%), and we show the stronger of the share or voting band on the holding's nearest disclosed edge — the firm's own stake for directly-held companies, the immediate intermediate's for those held through a chain. A band below 50% (or a blank —) here means control rests on board-appointment rights or significant influence rather than a majority shareholding — common in PE structures.
  • Every holding is chain-verified. The line under each company ("controlled via N hops · every link ≥X%") is the shortest PSC control chain we found from Dalmore Capital's vehicles down to it — each hop a real public ownership disclosure. Where a company is also controlled by another tracked firm, that's flagged inline.
  • Full accounts, not apportioned. A controlled company's figures are counted in full, not scaled by stake. A jointly-controlled asset counts fully under each controller.
  • No double-counting. Where a consolidated parent and its subsidiaries both file, only the topmost is counted.
  • Coverage is a floor. Only 52 of 202 majority-controlled companies file detailed accounts in our enriched set, so totals understate the true portfolio.
  • UK-visible only. Chains that exit to Jersey, Guernsey or other registries terminate there — we can't follow beyond the UK.