northern electric plc
northern electric plc Company Information
Company Number
02366942
Next Accounts
Jun 2025
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
northern powergrid limited
undisclosed
View AllGroup Structure
View All
Contact
Registered Address
lloyds court, 78 grey street, newcastle upon tyne, NE1 6AF
Website
www.northern-electric.co.uknorthern electric plc Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN ELECTRIC PLC at £2.4b based on a Turnover of £570.5m and 4.24x industry multiple (adjusted for size and gross margin).
northern electric plc Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN ELECTRIC PLC at £6.3b based on an EBITDA of £380.2m and a 16.48x industry multiple (adjusted for size and gross margin).
northern electric plc Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN ELECTRIC PLC at £1.9b based on Net Assets of £1.5b and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Northern Electric Plc Overview
Northern Electric Plc is a live company located in newcastle upon tyne, NE1 6AF with a Companies House number of 02366942. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in April 1989, it's largest shareholder is northern powergrid limited with a 85.6% stake. Northern Electric Plc is a mature, mega sized company, Pomanda has estimated its turnover at £570.5m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Northern Electric Plc Health Check
Pomanda's financial health check has awarded Northern Electric Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £570.5m, make it larger than the average company (£19m)
£570.5m - Northern Electric Plc
£19m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a slower rate (10.6%)
8% - Northern Electric Plc
10.6% - Industry AVG
Production
with a gross margin of 86.3%, this company has a lower cost of product (36.3%)
86.3% - Northern Electric Plc
36.3% - Industry AVG
Profitability
an operating margin of 37.7% make it more profitable than the average company (4.6%)
37.7% - Northern Electric Plc
4.6% - Industry AVG
Employees
with 1522 employees, this is above the industry average (105)
1522 - Northern Electric Plc
105 - Industry AVG
Pay Structure
on an average salary of £59.3k, the company has a higher pay structure (£44.7k)
£59.3k - Northern Electric Plc
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £374.8k, this is more efficient (£191.8k)
£374.8k - Northern Electric Plc
£191.8k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (45 days)
59 days - Northern Electric Plc
45 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (44 days)
22 days - Northern Electric Plc
44 days - Industry AVG
Stock Days
it holds stock equivalent to 139 days, this is more than average (40 days)
139 days - Northern Electric Plc
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - Northern Electric Plc
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.2%, this is a lower level of debt than the average (69.5%)
61.2% - Northern Electric Plc
69.5% - Industry AVG
NORTHERN ELECTRIC PLC financials
Northern Electric Plc's latest turnover from December 2023 is £570.5 million and the company has net assets of £1.5 billion. According to their latest financial statements, Northern Electric Plc has 1,522 employees and maintains cash reserves of £14.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 570,484,000 | 558,190,000 | 493,744,000 | 454,302,000 | 447,615,000 | 421,418,000 | 403,441,000 | 384,867,000 | 386,388,000 | 409,503,000 | 350,919,000 | 331,614,000 | 301,427,000 | 288,569,000 | 276,593,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 78,420,000 | 81,809,000 | 36,700,000 | 31,660,000 | 37,366,000 | 33,096,000 | 41,615,000 | 43,336,000 | 42,552,000 | 63,424,000 | 42,162,000 | 30,274,000 | 24,035,000 | 29,176,000 | 47,795,000 |
| Gross Profit | 492,064,000 | 476,381,000 | 457,044,000 | 422,642,000 | 410,249,000 | 388,322,000 | 361,826,000 | 341,531,000 | 343,836,000 | 346,079,000 | 308,757,000 | 301,340,000 | 277,392,000 | 259,393,000 | 228,798,000 |
| Admin Expenses | 276,880,000 | 278,646,000 | 272,854,000 | 237,071,000 | 226,841,000 | 214,385,000 | 181,610,000 | 160,350,000 | 147,675,000 | 135,370,000 | 127,930,000 | 119,977,000 | 106,174,000 | 105,793,000 | 104,972,000 |
| Operating Profit | 215,184,000 | 197,735,000 | 184,190,000 | 185,571,000 | 183,408,000 | 173,937,000 | 180,216,000 | 181,181,000 | 196,161,000 | 210,709,000 | 180,827,000 | 181,363,000 | 171,218,000 | 153,600,000 | 123,826,000 |
| Interest Payable | 54,319,000 | 53,767,000 | 42,323,000 | 48,312,000 | 48,887,000 | 45,513,000 | 41,404,000 | 39,139,000 | 36,198,000 | 34,865,000 | 38,675,000 | 36,882,000 | 37,617,000 | 33,913,000 | 32,947,000 |
| Interest Receivable | 17,107,000 | 6,056,000 | 2,003,000 | 2,055,000 | 3,148,000 | 1,549,000 | 1,100,000 | 1,317,000 | 1,619,000 | 1,660,000 | 4,743,000 | 1,912,000 | 1,536,000 | 1,620,000 | 3,608,000 |
| Pre-Tax Profit | 179,510,000 | 151,102,000 | 145,545,000 | 139,386,000 | 140,363,000 | 130,882,000 | 140,243,000 | 143,918,000 | 162,056,000 | 178,256,000 | 147,339,000 | 146,678,000 | 135,887,000 | 122,301,000 | 95,123,000 |
| Tax | -44,890,000 | -34,179,000 | -67,816,000 | -40,303,000 | -26,542,000 | -24,864,000 | -28,805,000 | -7,210,000 | -17,282,000 | -38,015,000 | -14,971,000 | -15,370,000 | -19,748,000 | -25,131,000 | -27,316,000 |
| Profit After Tax | 134,620,000 | 116,923,000 | 77,729,000 | 99,083,000 | 113,821,000 | 106,018,000 | 111,438,000 | 136,708,000 | 144,774,000 | 140,241,000 | 132,368,000 | 131,308,000 | 116,139,000 | 97,170,000 | 67,807,000 |
| Dividends Paid | 48,000,000 | 114,946,000 | 26,000,000 | 25,400,000 | 24,600,000 | 0 | 22,700,000 | 100,000,000 | 20,600,000 | 30,000,000 | 30,000,000 | 30,000,000 | 30,000,000 | 60,000,000 | 0 |
| Retained Profit | 86,620,000 | 1,977,000 | 51,729,000 | 73,683,000 | 89,221,000 | 106,018,000 | 88,738,000 | 36,708,000 | 124,174,000 | 110,241,000 | 102,368,000 | 101,308,000 | 86,139,000 | 37,170,000 | 67,807,000 |
| Employee Costs | 90,208,000 | 89,087,000 | 86,469,000 | 74,222,000 | 72,089,000 | 72,005,000 | 72,191,000 | 69,469,000 | 27,537,000 | 65,881,000 | 58,604,000 | 52,450,000 | 41,293,000 | 53,487,000 | 55,633,000 |
| Number Of Employees | 1,522 | 1,417 | 1,416 | 1,332 | 1,286 | 1,274 | 1,260 | 1,270 | 1,281 | 1,289 | 1,234 | 1,205 | 1,157 | 1,166 | 1,347 |
| EBITDA* | 380,227,000 | 359,687,000 | 340,558,000 | 328,414,000 | 318,497,000 | 298,097,000 | 282,767,000 | 268,648,000 | 272,254,000 | 275,155,000 | 241,982,000 | 235,647,000 | 222,886,000 | 202,287,000 | 168,498,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,479,518,000 | 3,389,194,000 | 3,539,595,000 | 3,000,055,000 | 2,919,939,000 | 2,813,057,000 | 2,678,158,000 | 2,366,125,000 | 2,230,507,000 | 2,010,706,000 | 1,799,706,000 | 1,655,797,000 | 1,724,822,000 | 1,606,135,000 | 1,498,540,000 |
| Intangible Assets | 61,835,000 | 60,144,000 | 48,888,000 | 51,219,000 | 52,289,000 | 52,605,000 | 47,568,000 | 40,857,000 | 31,623,000 | 23,821,000 | 14,762,000 | 7,388,000 | 4,164,000 | 4,011,000 | 4,739,000 |
| Investments & Other | 12,464,000 | 22,908,000 | 4,842,000 | 91,748,000 | 3,539,000 | 3,494,000 | 3,428,000 | 3,319,000 | 3,556,000 | 3,441,000 | 3,392,000 | 3,325,000 | 3,346,000 | 3,328,000 | 3,257,000 |
| Debtors (Due After 1 year) | 155,063,000 | 155,587,000 | 264,902,000 | 4,598,000 | 101,130,000 | 6,877,000 | 6,358,000 | 8,406,000 | 8,769,000 | 7,494,000 | 6,081,000 | 4,658,000 | 3,780,000 | 4,609,000 | 5,410,000 |
| Total Fixed Assets | 3,392,753,000 | 3,297,838,000 | 3,326,283,000 | 3,051,274,000 | 2,972,228,000 | 2,865,662,000 | 2,725,726,000 | 2,406,982,000 | 2,262,130,000 | 2,034,527,000 | 1,814,468,000 | 1,663,185,000 | 1,728,986,000 | 1,610,146,000 | 1,503,279,000 |
| Stock & work in progress | 29,904,000 | 25,740,000 | 20,382,000 | 18,699,000 | 20,192,000 | 13,409,000 | 13,382,000 | 12,836,000 | 13,452,000 | 12,304,000 | 10,399,000 | 11,009,000 | 13,383,000 | 10,341,000 | 13,712,000 |
| Trade Debtors | 92,610,000 | 83,753,000 | 85,294,000 | 72,976,000 | 84,673,000 | 0 | 0 | 0 | 0 | 0 | 34,819,000 | 52,759,000 | 49,703,000 | 46,254,000 | 54,509,000 |
| Group Debtors | 242,733,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 14,657,000 | 16,391,000 | 11,589,000 | 9,516,000 | 0 | 78,010,000 | 84,600,000 | 83,640,000 | 73,879,000 | 72,029,000 | 15,373,000 | 13,489,000 | 5,179,000 | 4,912,000 | 3,512,000 |
| Cash | 14,760,000 | 268,661,000 | 42,140,000 | 38,632,000 | 36,540,000 | 28,143,000 | 16,612,000 | 515,000 | 8,824,000 | 85,586,000 | 105,897,000 | 150,071,000 | 229,632,000 | 67,161,000 | 141,385,000 |
| misc current assets | 5,861,000 | 2,781,000 | 204,000 | 6,214,000 | 8,132,000 | 19,928,000 | 11,903,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 400,525,000 | 398,380,000 | 161,903,000 | 146,037,000 | 149,537,000 | 139,490,000 | 126,497,000 | 96,991,000 | 96,155,000 | 169,919,000 | 166,488,000 | 227,328,000 | 297,897,000 | 128,668,000 | 213,118,000 |
| total assets | 3,793,278,000 | 3,696,218,000 | 3,488,186,000 | 3,197,311,000 | 3,121,765,000 | 3,005,152,000 | 2,852,223,000 | 2,503,973,000 | 2,358,285,000 | 2,204,446,000 | 1,980,956,000 | 1,890,513,000 | 2,026,883,000 | 1,738,814,000 | 1,716,397,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,842,000 | 4,838,000 | 4,956,000 | 2,823,000 | 5,536,000 | 3,112,000 | 5,683,000 | 5,037,000 | 7,817,000 | 5,542,000 | 6,486,000 | 5,348,000 | 5,575,000 | 8,544,000 | 8,093,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 135,284,000 | 125,040,000 | 51,379,000 | 77,060,000 | 346,502,000 | 297,803,000 | 203,972,000 | 153,844,000 | 13,917,000 | 85,204,000 | 44,536,000 | 11,425,000 | 80,955,000 | 31,070,000 | 41,670,000 |
| hp & lease commitments | 3,231,000 | 3,402,000 | 3,431,000 | 3,036,000 | 2,289,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 186,508,000 | 144,405,000 | 130,610,000 | 122,219,000 | 132,200,000 | 138,979,000 | 149,486,000 | 129,331,000 | 107,164,000 | 149,187,000 | 116,851,000 | 126,054,000 | 78,754,000 | 61,112,000 | 83,278,000 |
| total current liabilities | 329,865,000 | 277,685,000 | 190,376,000 | 205,138,000 | 486,527,000 | 439,894,000 | 359,141,000 | 288,212,000 | 128,898,000 | 239,933,000 | 167,873,000 | 142,827,000 | 165,284,000 | 100,726,000 | 133,041,000 |
| loans | 2,322,926,000 | 2,405,844,000 | 1,994,694,000 | 1,918,134,000 | 1,319,723,000 | 1,340,722,000 | 1,388,511,000 | 1,174,828,000 | 1,174,350,000 | 933,920,000 | 933,518,000 | 940,172,000 | 937,280,000 | 698,944,000 | 699,006,000 |
| hp & lease commitments | 8,395,000 | 9,791,000 | 11,359,000 | 11,295,000 | 7,002,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 668,067,000 | 652,476,000 | 649,013,000 | 641,727,000 | 637,700,000 | 627,051,000 | 584,348,000 | 562,308,000 | 526,800,000 | 500,762,000 | 484,500,000 | 473,421,000 | 441,679,000 | 417,504,000 | 397,552,000 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 325,046,000 | 330,278,000 | 370,386,000 | 219,178,000 | 200,548,000 | 197,110,000 | 205,104,000 | 182,530,000 | 213,686,000 | 219,794,000 | 211,654,000 | 275,150,000 | 349,428,000 | 361,370,000 | 366,088,000 |
| total long term liabilities | 1,992,053,000 | 2,020,537,000 | 1,831,553,000 | 1,711,970,000 | 1,398,401,000 | 1,395,967,000 | 1,381,319,000 | 1,240,987,000 | 1,220,818,000 | 1,077,619,000 | 1,057,086,000 | 1,081,082,000 | 1,085,033,000 | 947,661,000 | 930,099,000 |
| total liabilities | 2,321,918,000 | 2,298,222,000 | 2,021,929,000 | 1,917,108,000 | 1,884,928,000 | 1,835,861,000 | 1,740,460,000 | 1,529,199,000 | 1,349,716,000 | 1,317,552,000 | 1,224,959,000 | 1,223,909,000 | 1,250,317,000 | 1,048,387,000 | 1,063,140,000 |
| net assets | 1,471,360,000 | 1,397,996,000 | 1,466,257,000 | 1,280,203,000 | 1,236,837,000 | 1,169,291,000 | 1,111,763,000 | 974,774,000 | 1,008,569,000 | 886,894,000 | 755,997,000 | 666,604,000 | 776,566,000 | 690,427,000 | 653,257,000 |
| total shareholders funds | 1,471,360,000 | 1,397,996,000 | 1,466,257,000 | 1,280,203,000 | 1,236,837,000 | 1,169,291,000 | 1,111,763,000 | 974,774,000 | 1,008,569,000 | 886,894,000 | 755,997,000 | 666,604,000 | 776,566,000 | 690,427,000 | 653,257,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 215,184,000 | 197,735,000 | 184,190,000 | 185,571,000 | 183,408,000 | 173,937,000 | 180,216,000 | 181,181,000 | 196,161,000 | 210,709,000 | 180,827,000 | 181,363,000 | 171,218,000 | 153,600,000 | 123,826,000 |
| Depreciation | 150,345,000 | 146,778,000 | 144,493,000 | 132,628,000 | 125,810,000 | 115,086,000 | 97,845,000 | 83,737,000 | 73,419,000 | 62,435,000 | 59,753,000 | 53,548,000 | 49,167,000 | 47,116,000 | 43,174,000 |
| Amortisation | 14,698,000 | 15,174,000 | 11,875,000 | 10,215,000 | 9,279,000 | 9,074,000 | 4,706,000 | 3,730,000 | 2,674,000 | 2,011,000 | 1,402,000 | 736,000 | 2,501,000 | 1,571,000 | 1,498,000 |
| Tax | -44,890,000 | -34,179,000 | -67,816,000 | -40,303,000 | -26,542,000 | -24,864,000 | -28,805,000 | -7,210,000 | -17,282,000 | -38,015,000 | -14,971,000 | -15,370,000 | -19,748,000 | -25,131,000 | -27,316,000 |
| Stock | 4,164,000 | 5,358,000 | 1,683,000 | -1,493,000 | 6,783,000 | 27,000 | 546,000 | -616,000 | 1,148,000 | 1,905,000 | -610,000 | -2,374,000 | 3,042,000 | -3,371,000 | 13,712,000 |
| Debtors | 249,332,000 | -106,054,000 | 274,695,000 | -98,713,000 | 100,916,000 | -6,071,000 | -1,088,000 | 9,398,000 | 3,125,000 | 23,250,000 | -14,633,000 | 12,244,000 | 2,887,000 | -7,656,000 | 63,431,000 |
| Creditors | 4,000 | -118,000 | 2,133,000 | -2,713,000 | 2,424,000 | -2,571,000 | 646,000 | -2,780,000 | 2,275,000 | -944,000 | 1,138,000 | -227,000 | -2,969,000 | 451,000 | 8,093,000 |
| Accruals and Deferred Income | 57,694,000 | 17,258,000 | 15,677,000 | -5,954,000 | 3,870,000 | 32,196,000 | 42,195,000 | 57,675,000 | -15,985,000 | 48,598,000 | 1,876,000 | 79,042,000 | 41,817,000 | -2,214,000 | 480,830,000 |
| Deferred Taxes & Provisions | -5,232,000 | -40,108,000 | 151,208,000 | 18,630,000 | 3,438,000 | -7,994,000 | 22,574,000 | -31,156,000 | -6,108,000 | 8,140,000 | -63,496,000 | -74,278,000 | -11,942,000 | -4,718,000 | 366,088,000 |
| Cash flow from operations | 134,307,000 | 403,236,000 | 165,382,000 | 398,280,000 | 193,988,000 | 300,908,000 | 319,919,000 | 276,395,000 | 230,881,000 | 267,779,000 | 181,772,000 | 214,944,000 | 224,115,000 | 181,702,000 | 919,050,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -10,444,000 | 18,066,000 | -86,906,000 | 88,209,000 | 45,000 | 66,000 | 109,000 | -237,000 | 115,000 | 49,000 | 67,000 | -21,000 | 18,000 | 71,000 | 3,257,000 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 10,244,000 | 73,661,000 | -25,681,000 | -269,442,000 | 48,699,000 | 93,831,000 | 50,128,000 | 139,927,000 | -71,287,000 | 40,668,000 | 33,111,000 | -69,530,000 | 49,885,000 | -10,600,000 | 41,670,000 |
| Long term loans | -82,918,000 | 411,150,000 | 76,560,000 | 598,411,000 | -20,999,000 | -47,789,000 | 213,683,000 | 478,000 | 240,430,000 | 402,000 | -6,654,000 | 2,892,000 | 238,336,000 | -62,000 | 699,006,000 |
| Hire Purchase and Lease Commitments | -1,567,000 | -1,597,000 | 459,000 | 5,040,000 | 9,291,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -37,212,000 | -47,711,000 | -40,320,000 | -46,257,000 | -45,739,000 | -43,964,000 | -40,304,000 | -37,822,000 | -34,579,000 | -33,205,000 | -33,932,000 | -34,970,000 | -36,081,000 | -32,293,000 | -29,339,000 |
| cash flow from financing | -124,709,000 | 365,265,000 | 145,343,000 | 257,435,000 | -30,423,000 | -46,412,000 | 271,758,000 | 32,080,000 | 132,065,000 | 28,521,000 | -20,450,000 | -312,878,000 | 252,140,000 | -42,955,000 | 1,296,787,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -253,901,000 | 226,521,000 | 3,508,000 | 2,092,000 | 8,397,000 | 11,531,000 | 16,097,000 | -8,309,000 | -76,762,000 | -20,311,000 | -44,174,000 | -79,561,000 | 162,471,000 | -74,224,000 | 141,385,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -253,901,000 | 226,521,000 | 3,508,000 | 2,092,000 | 8,397,000 | 11,531,000 | 16,097,000 | -8,309,000 | -76,762,000 | -20,311,000 | -44,174,000 | -79,561,000 | 162,471,000 | -74,224,000 | 141,385,000 |
northern electric plc Credit Report and Business Information
Northern Electric Plc Competitor Analysis
Perform a competitor analysis for northern electric plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in NE1 area or any other competitors across 12 key performance metrics.
northern electric plc Ownership
NORTHERN ELECTRIC PLC group structure
Northern Electric Plc has 63 subsidiary companies.
Ultimate parent company
BERKSHIRE HATHAWAY INC.
#0022714
2 parents
NORTHERN ELECTRIC PLC
02366942
63 subsidiaries
northern electric plc directors
Northern Electric Plc currently has 4 directors. The longest serving directors include Mr John Reynolds (Oct 2017) and Mr Stephen Lockwood (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Reynolds | Scotland | 58 years | Oct 2017 | - | Director |
| Mr Stephen Lockwood | England | 59 years | Apr 2022 | - | Director |
| Mr Alexander Jones | United Kingdom | 39 years | Apr 2022 | - | Director |
| Mrs Jennifer Riley | 43 years | Oct 2024 | - | Director |
P&L
December 2023turnover
570.5m
+2%
operating profit
215.2m
+9%
gross margin
86.3%
+1.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.5b
+0.05%
total assets
3.8b
+0.03%
cash
14.8m
-0.95%
net assets
Total assets minus all liabilities
northern electric plc company details
company number
02366942
Type
Public limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
April 1989
age
36
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
electricity north east plc (September 1989)
accountant
-
auditor
DELOITTE LLP
address
lloyds court, 78 grey street, newcastle upon tyne, NE1 6AF
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
northern electric plc 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 found 2 charges/mortgages relating to northern electric plc. Currently there are 1 open charges and 1 have been satisfied in the past.
northern electric plc Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for NORTHERN ELECTRIC PLC. This can take several minutes, an email will notify you when this has completed.
northern electric plc Companies House Filings - See Documents
| date | description | view/download |
|---|
