uk power networks services (contracting) limited
uk power networks services (contracting) limited Company Information
Company Number
02228168
Next Accounts
Dec 2025
Shareholders
uk power networks services holdings ltd
Group Structure
View All
Industry
Distribution of electricity
Registered Address
newington house, 237 southwark bridge road, london, SE1 6NP
Website
www.ukpowernetworks.co.ukuk power networks services (contracting) limited Estimated Valuation
Pomanda estimates the enterprise value of UK POWER NETWORKS SERVICES (CONTRACTING) LIMITED at £304.1m based on a Turnover of £94.3m and 3.23x industry multiple (adjusted for size and gross margin).
uk power networks services (contracting) limited Estimated Valuation
Pomanda estimates the enterprise value of UK POWER NETWORKS SERVICES (CONTRACTING) LIMITED at £608m based on an EBITDA of £64.8m and a 9.39x industry multiple (adjusted for size and gross margin).
uk power networks services (contracting) limited Estimated Valuation
Pomanda estimates the enterprise value of UK POWER NETWORKS SERVICES (CONTRACTING) LIMITED at £304.8m based on Net Assets of £112.5m and 2.71x industry multiple (adjusted for liquidity).
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Uk Power Networks Services (contracting) Limited Overview
Uk Power Networks Services (contracting) Limited is a live company located in london, SE1 6NP with a Companies House number of 02228168. It operates in the distribution of electricity sector, SIC Code 35130. Founded in March 1988, it's largest shareholder is uk power networks services holdings ltd with a 100% stake. Uk Power Networks Services (contracting) Limited is a mature, large sized company, Pomanda has estimated its turnover at £94.3m with healthy growth in recent years.
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Uk Power Networks Services (contracting) Limited Health Check
Pomanda's financial health check has awarded Uk Power Networks Services (Contracting) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £94.3m, make it larger than the average company (£13.5m)
£94.3m - Uk Power Networks Services (contracting) Limited
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (10.7%)
4% - Uk Power Networks Services (contracting) Limited
10.7% - Industry AVG
Production
with a gross margin of 44.4%, this company has a comparable cost of product (44.4%)
44.4% - Uk Power Networks Services (contracting) Limited
44.4% - Industry AVG
Profitability
an operating margin of 58.4% make it more profitable than the average company (25.1%)
58.4% - Uk Power Networks Services (contracting) Limited
25.1% - Industry AVG
Employees
with 124 employees, this is below the industry average (200)
124 - Uk Power Networks Services (contracting) Limited
200 - Industry AVG
Pay Structure
on an average salary of £103.4k, the company has a higher pay structure (£69.5k)
£103.4k - Uk Power Networks Services (contracting) Limited
£69.5k - Industry AVG
Efficiency
resulting in sales per employee of £760.3k, this is more efficient (£290.1k)
£760.3k - Uk Power Networks Services (contracting) Limited
£290.1k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (26 days)
4 days - Uk Power Networks Services (contracting) Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (27 days)
3 days - Uk Power Networks Services (contracting) Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is more than average (4 days)
10 days - Uk Power Networks Services (contracting) Limited
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is more cash available to meet short term requirements (4 weeks)
5 weeks - Uk Power Networks Services (contracting) Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.4%, this is a lower level of debt than the average (77.5%)
69.4% - Uk Power Networks Services (contracting) Limited
77.5% - Industry AVG
UK POWER NETWORKS SERVICES (CONTRACTING) LIMITED financials
Uk Power Networks Services (Contracting) Limited's latest turnover from March 2024 is £94.3 million and the company has net assets of £112.5 million. According to their latest financial statements, Uk Power Networks Services (Contracting) Limited has 124 employees and maintains cash reserves of £25 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 94,279,000 | 95,980,000 | 81,161,000 | 83,204,000 | 80,246,000 | 78,133,000 | 75,983,000 | 72,079,000 | 90,574,000 | 76,045,000 | 75,829,000 | 71,067,000 | 71,689,000 | 66,154,000 | 67,136,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | 71,067,000 | 71,689,000 | 66,154,000 | 67,136,000 | |||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 55,068,000 | 53,014,000 | 46,335,000 | 48,538,000 | 46,078,000 | 45,316,000 | 42,286,000 | 39,059,000 | 52,921,000 | 47,040,000 | 47,623,000 | ||||
| Interest Payable | 56,000 | 61,000 | 147,000 | 29,000 | 69,000 | 98,000 | 150,000 | 78,000 | 117,000 | 2,251,000 | 2,082,000 | 255,000 | 24,130,000 | 1,561,000 | 3,301,000 |
| Interest Receivable | 8,572,000 | 3,554,000 | 381,000 | 565,000 | 2,175,000 | 1,974,000 | 1,242,000 | 1,354,000 | 1,249,000 | 3,085,000 | 2,309,000 | 107,000 | 2,329,000 | ||
| Pre-Tax Profit | 63,584,000 | 56,507,000 | 46,569,000 | 49,074,000 | 48,184,000 | 47,192,000 | 43,378,000 | 40,335,000 | 54,053,000 | 47,874,000 | 47,850,000 | 41,302,000 | 38,030,000 | 33,171,000 | 38,690,000 |
| Tax | -16,467,000 | -9,881,000 | -15,495,000 | -9,230,000 | -11,383,000 | -8,673,000 | -7,875,000 | -6,321,000 | -7,527,000 | -9,742,000 | -5,549,000 | -8,109,000 | -7,211,000 | -5,838,000 | -10,570,000 |
| Profit After Tax | 47,117,000 | 46,626,000 | 31,074,000 | 39,844,000 | 36,801,000 | 38,519,000 | 35,503,000 | 34,014,000 | 46,526,000 | 38,132,000 | 42,301,000 | 33,193,000 | 30,819,000 | 27,333,000 | 28,120,000 |
| Dividends Paid | 39,000,000 | 38,000,000 | 34,000,000 | 163,300,000 | 41,000,000 | 28,000,000 | 36,000,000 | 29,200,000 | 12,000,000 | 12,500,000 | 20,000,000 | 25,000,000 | 44,000,000 | ||
| Retained Profit | 8,117,000 | 8,626,000 | -2,926,000 | -123,456,000 | -4,199,000 | 10,519,000 | -497,000 | 4,814,000 | 34,526,000 | 25,632,000 | 22,301,000 | 8,193,000 | -13,181,000 | 27,333,000 | 28,120,000 |
| Employee Costs | 12,817,000 | 11,649,000 | 11,480,000 | 11,435,000 | 10,952,000 | 9,852,000 | 8,643,000 | 8,141,000 | 9,347,000 | 6,820,000 | 6,269,000 | 7,190,000 | 8,495,000 | 7,244,000 | 6,940,000 |
| Number Of Employees | 124 | 123 | 130 | 141 | 132 | 117 | 99 | 97 | 106 | 107 | 97 | 135 | 192 | 156 | 141 |
| EBITDA* | 64,758,000 | 63,012,000 | 56,248,000 | 59,208,000 | 56,276,000 | 55,410,000 | 52,363,000 | 49,100,000 | 65,476,000 | 56,894,000 | 58,752,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 213,528,000 | 213,548,000 | 215,186,000 | 218,375,000 | 222,039,000 | 226,242,000 | 229,428,000 | 237,414,000 | 247,551,000 | 258,079,000 | 264,824,000 | 269,741,000 | 274,864,000 | 277,410,000 | 277,859,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 2,319,000 | 3,398,000 | 4,690,000 | 1,184,000 | 1,029,000 | 8,477,000 | 17,144,000 | 18,240,000 | 23,057,000 | 26,821,000 | 31,267,000 | 32,863,000 | 35,574,000 | ||
| Total Fixed Assets | 215,847,000 | 216,946,000 | 219,876,000 | 219,559,000 | 223,068,000 | 226,242,000 | 229,428,000 | 245,891,000 | 264,695,000 | 276,319,000 | 287,881,000 | 296,562,000 | 306,131,000 | 310,273,000 | 313,433,000 |
| Stock & work in progress | 1,456,000 | 524,000 | 319,000 | 314,000 | 933,000 | 848,000 | 640,000 | 456,000 | 268,000 | 1,636,000 | 456,000 | 209,000 | 164,000 | 272,000 | 118,000 |
| Trade Debtors | 1,153,000 | 360,000 | 1,508,000 | 310,000 | 1,216,000 | 3,015,000 | 405,000 | 1,214,000 | 280,000 | 1,186,000 | 3,474,000 | 196,000 | 5,952,000 | 446,000 | 2,577,000 |
| Group Debtors | 124,085,000 | 119,737,000 | 80,095,000 | 62,060,000 | 151,098,000 | 149,102,000 | 79,248,000 | 121,728,000 | 103,713,000 | 40,562,000 | 10,149,000 | 137,000 | 275,000 | 192,000 | 308,000 |
| Misc Debtors | 392,000 | 426,000 | 578,000 | 275,000 | 307,000 | 396,000 | 4,464,000 | 89,000 | 99,000 | 57,000 | 281,000 | 346,000 | 172,000 | 142,000 | 175,000 |
| Cash | 25,000,000 | 40,000,000 | 67,000,000 | 55,000,000 | 44,000,000 | 27,399,000 | 85,166,000 | 34,385,000 | 36,722,000 | 39,746,000 | 35,020,000 | 18,898,000 | 4,075,000 | 10,307,000 | |
| misc current assets | |||||||||||||||
| total current assets | 152,086,000 | 161,047,000 | 149,500,000 | 117,959,000 | 197,554,000 | 180,760,000 | 169,923,000 | 157,872,000 | 141,082,000 | 83,187,000 | 49,380,000 | 19,786,000 | 10,638,000 | 11,359,000 | 3,178,000 |
| total assets | 367,933,000 | 377,993,000 | 369,376,000 | 337,518,000 | 420,622,000 | 407,002,000 | 399,351,000 | 403,763,000 | 405,777,000 | 359,506,000 | 337,261,000 | 316,348,000 | 316,769,000 | 321,632,000 | 316,611,000 |
| Bank overdraft | 31,761,000 | 62,145,000 | 63,017,000 | 45,693,000 | 8,915,000 | 139,613,000 | |||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 508,000 | 630,000 | 110,000 | 68,000 | 316,000 | 203,000 | 148,000 | 135,000 | 111,000 | 635,000 | 73,000 | 130,000 | 123,000 | 159,000 | 289,000 |
| Group/Directors Accounts | 137,571,000 | 136,925,000 | 137,293,000 | 137,097,000 | 137,310,000 | 138,463,000 | 137,348,000 | 136,545,000 | 136,284,000 | 136,430,000 | 136,155,000 | 134,823,000 | 135,045,000 | 137,107,000 | 2,644,000 |
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 53,220,000 | 42,976,000 | 37,818,000 | 29,203,000 | 23,110,000 | 15,460,000 | 18,553,000 | 23,373,000 | 29,367,000 | 12,654,000 | 16,045,000 | 12,979,000 | 17,479,000 | 5,788,000 | 22,542,000 |
| total current liabilities | 223,060,000 | 242,676,000 | 238,238,000 | 212,061,000 | 169,651,000 | 154,126,000 | 156,049,000 | 160,053,000 | 165,762,000 | 149,719,000 | 152,273,000 | 147,932,000 | 152,647,000 | 143,054,000 | 165,088,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 32,356,000 | 30,696,000 | 32,770,000 | 28,993,000 | 27,073,000 | 26,425,000 | 28,164,000 | 29,180,000 | 27,291,000 | 28,398,000 | 28,356,000 | 33,371,000 | 37,054,000 | 37,963,000 | 38,271,000 |
| total long term liabilities | 32,356,000 | 30,696,000 | 32,770,000 | 28,993,000 | 27,073,000 | 26,425,000 | 28,164,000 | 29,180,000 | 27,291,000 | 30,868,000 | 34,418,000 | 39,310,000 | 43,863,000 | 42,750,000 | 40,950,000 |
| total liabilities | 255,416,000 | 273,372,000 | 271,008,000 | 241,054,000 | 196,724,000 | 180,551,000 | 184,213,000 | 189,233,000 | 193,053,000 | 180,587,000 | 186,691,000 | 187,242,000 | 196,510,000 | 185,804,000 | 206,038,000 |
| net assets | 112,517,000 | 104,621,000 | 98,368,000 | 96,464,000 | 223,898,000 | 226,451,000 | 215,138,000 | 214,530,000 | 212,724,000 | 178,919,000 | 150,570,000 | 129,106,000 | 120,259,000 | 135,828,000 | 110,573,000 |
| total shareholders funds | 112,517,000 | 104,621,000 | 98,368,000 | 96,464,000 | 223,898,000 | 226,451,000 | 215,138,000 | 214,530,000 | 212,724,000 | 178,919,000 | 150,570,000 | 129,106,000 | 120,259,000 | 135,828,000 | 110,573,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 55,068,000 | 53,014,000 | 46,335,000 | 48,538,000 | 46,078,000 | 45,316,000 | 42,286,000 | 39,059,000 | 52,921,000 | 47,040,000 | 47,623,000 | ||||
| Depreciation | 9,690,000 | 9,998,000 | 9,913,000 | 10,670,000 | 10,198,000 | 10,094,000 | 10,077,000 | 10,041,000 | 12,555,000 | 9,854,000 | 11,129,000 | 10,240,000 | 10,783,000 | 11,058,000 | 11,052,000 |
| Amortisation | |||||||||||||||
| Tax | -16,467,000 | -9,881,000 | -15,495,000 | -9,230,000 | -11,383,000 | -8,673,000 | -7,875,000 | -6,321,000 | -7,527,000 | -9,742,000 | -5,549,000 | -8,109,000 | -7,211,000 | -5,838,000 | -10,570,000 |
| Stock | 932,000 | 205,000 | 5,000 | -619,000 | 85,000 | 208,000 | 184,000 | 188,000 | 268,000 | 1,180,000 | 247,000 | 45,000 | -108,000 | 154,000 | 118,000 |
| Debtors | 4,028,000 | 37,050,000 | 23,042,000 | -89,821,000 | 1,137,000 | 68,396,000 | -47,391,000 | 10,272,000 | 121,236,000 | 23,084,000 | 9,461,000 | -10,166,000 | 4,023,000 | -4,991,000 | 38,634,000 |
| Creditors | -122,000 | 520,000 | 42,000 | -248,000 | 113,000 | 55,000 | 13,000 | 24,000 | 111,000 | 562,000 | -57,000 | 7,000 | -36,000 | -130,000 | 289,000 |
| Accruals and Deferred Income | 10,244,000 | 5,158,000 | 8,615,000 | 6,093,000 | 7,650,000 | -3,093,000 | -4,820,000 | -5,994,000 | 29,367,000 | -3,391,000 | 3,066,000 | -4,500,000 | 11,691,000 | -16,754,000 | 22,542,000 |
| Deferred Taxes & Provisions | 1,660,000 | -2,074,000 | 3,777,000 | 1,920,000 | 648,000 | -1,739,000 | -1,016,000 | 1,889,000 | 27,291,000 | 42,000 | -5,015,000 | -3,683,000 | -909,000 | -308,000 | 38,271,000 |
| Cash flow from operations | 55,113,000 | 19,480,000 | 30,140,000 | 148,183,000 | 52,082,000 | -26,644,000 | 85,872,000 | 28,238,000 | -6,786,000 | 20,101,000 | 41,489,000 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 646,000 | -368,000 | 196,000 | -213,000 | -1,153,000 | 1,115,000 | 803,000 | 261,000 | 136,284,000 | 275,000 | 1,332,000 | -222,000 | -2,062,000 | 134,463,000 | 2,644,000 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 8,516,000 | 3,493,000 | 234,000 | 536,000 | 2,106,000 | 1,876,000 | 1,092,000 | 1,276,000 | 1,132,000 | 834,000 | 227,000 | -148,000 | -21,801,000 | -1,561,000 | -3,301,000 |
| cash flow from financing | 8,941,000 | 752,000 | 5,260,000 | -3,655,000 | 2,599,000 | 3,785,000 | 3,000,000 | -1,471,000 | 315,614,000 | 3,826,000 | 722,000 | 284,000 | -26,251,000 | 130,824,000 | 81,796,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -15,000,000 | -27,000,000 | 12,000,000 | 11,000,000 | 16,601,000 | -57,767,000 | 50,781,000 | -2,337,000 | 36,722,000 | 4,726,000 | 16,122,000 | 14,823,000 | -6,232,000 | 10,307,000 | |
| overdraft | -30,384,000 | -872,000 | 17,324,000 | 36,778,000 | 8,915,000 | -139,613,000 | 139,613,000 | ||||||||
| change in cash | 15,384,000 | -26,128,000 | -5,324,000 | -25,778,000 | 7,686,000 | -57,767,000 | 50,781,000 | -2,337,000 | 36,722,000 | 4,726,000 | 16,122,000 | 14,823,000 | -6,232,000 | 149,920,000 | -139,613,000 |
uk power networks services (contracting) limited Credit Report and Business Information
Uk Power Networks Services (contracting) Limited Competitor Analysis
Perform a competitor analysis for uk power networks services (contracting) limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other large companies, companies in SE1 area or any other competitors across 12 key performance metrics.
uk power networks services (contracting) limited Ownership
UK POWER NETWORKS SERVICES (CONTRACTING) LIMITED group structure
Uk Power Networks Services (Contracting) Limited has no subsidiary companies.
Ultimate parent company
2 parents
UK POWER NETWORKS SERVICES (CONTRACTING) LIMITED
02228168
uk power networks services (contracting) limited directors
Uk Power Networks Services (Contracting) Limited currently has 5 directors. The longest serving directors include Mr Thomas Kusterer (Apr 2009) and Mr Basil Scarsella (Oct 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Kusterer | United Kingdom | 57 years | Apr 2009 | - | Director |
| Mr Basil Scarsella | England | 69 years | Oct 2010 | - | Director |
| Mr Andrew Hunter | Hong Kong | 66 years | Oct 2010 | - | Director |
| Mr Basil Scarsella | England | 69 years | Oct 2010 | - | Director |
| Mr Loi Chan | 62 years | Sep 2012 | - | Director |
P&L
March 2024turnover
94.3m
-2%
operating profit
55.1m
+4%
gross margin
44.5%
-6.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
112.5m
+0.08%
total assets
367.9m
-0.03%
cash
25m
-0.38%
net assets
Total assets minus all liabilities
uk power networks services (contracting) limited company details
company number
02228168
Type
Private limited with Share Capital
industry
35130 - Distribution of electricity
incorporation date
March 1988
age
37
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
edf energy (services) limited (November 2010)
london electricity services limited (June 2003)
accountant
-
auditor
DELOITTE LLP
address
newington house, 237 southwark bridge road, london, SE1 6NP
Bank
-
Legal Advisor
-
uk power networks services (contracting) limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to uk power networks services (contracting) limited.
uk power networks services (contracting) limited Capital Raised & Share Issues BETA
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uk power networks services (contracting) limited Companies House Filings - See Documents
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