national grid commercial holdings limited
national grid commercial holdings limited Company Information
Company Number
04042700
Next Accounts
Dec 2025
Shareholders
lattice group plc
Group Structure
View All
Industry
Activities of head offices
Registered Address
1-3 strand, london, WC2N 5EH
Website
www.nationalgrid.comnational grid commercial holdings limited Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL GRID COMMERCIAL HOLDINGS LIMITED at £121.6m based on a Turnover of £109m and 1.12x industry multiple (adjusted for size and gross margin).
national grid commercial holdings limited Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL GRID COMMERCIAL HOLDINGS LIMITED at £150m based on an EBITDA of £17m and a 8.82x industry multiple (adjusted for size and gross margin).
national grid commercial holdings limited Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL GRID COMMERCIAL HOLDINGS LIMITED at £692.9m based on Net Assets of £329m and 2.11x industry multiple (adjusted for liquidity).
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National Grid Commercial Holdings Limited Overview
National Grid Commercial Holdings Limited is a live company located in london, WC2N 5EH with a Companies House number of 04042700. It operates in the activities of head offices sector, SIC Code 70100. Founded in July 2000, it's largest shareholder is lattice group plc with a 100% stake. National Grid Commercial Holdings Limited is a mature, mega sized company, Pomanda has estimated its turnover at £109m with healthy growth in recent years.
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National Grid Commercial Holdings Limited Health Check
Pomanda's financial health check has awarded National Grid Commercial Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
1 Weak
Size
annual sales of £109m, make it larger than the average company (£20.3m)
£109m - National Grid Commercial Holdings Limited
£20.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (8.9%)
7% - National Grid Commercial Holdings Limited
8.9% - Industry AVG
Production
with a gross margin of 33.2%, this company has a comparable cost of product (33.2%)
33.2% - National Grid Commercial Holdings Limited
33.2% - Industry AVG
Profitability
an operating margin of 8.3% make it more profitable than the average company (5.8%)
8.3% - National Grid Commercial Holdings Limited
5.8% - Industry AVG
Employees
with 404 employees, this is above the industry average (114)
404 - National Grid Commercial Holdings Limited
114 - Industry AVG
Pay Structure
on an average salary of £175.7k, the company has a higher pay structure (£48.8k)
£175.7k - National Grid Commercial Holdings Limited
£48.8k - Industry AVG
Efficiency
resulting in sales per employee of £269.8k, this is more efficient (£196.5k)
£269.8k - National Grid Commercial Holdings Limited
£196.5k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (44 days)
6 days - National Grid Commercial Holdings Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 155 days, this is slower than average (42 days)
155 days - National Grid Commercial Holdings Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - National Grid Commercial Holdings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - National Grid Commercial Holdings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.2%, this is a lower level of debt than the average (54.7%)
27.2% - National Grid Commercial Holdings Limited
54.7% - Industry AVG
NATIONAL GRID COMMERCIAL HOLDINGS LIMITED financials
National Grid Commercial Holdings Limited's latest turnover from March 2024 is £109 million and the company has net assets of £329 million. According to their latest financial statements, National Grid Commercial Holdings Limited has 404 employees and maintains cash reserves of 0 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 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 109,000,000 | 110,000,000 | 108,000,000 | 88,000,000 | 84,000,000 | 67,000,000 | |||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | 50,000,000 | ||||||||||||||
| Operating Profit | 9,000,000 | -55,000,000 | -15,000,000 | -14,000,000 | -50,000,000 | -90,000,000 | -10,000,000 | -50,000,000 | -18,000,000 | -11,000,000 | -12,000,000 | -35,000,000 | -13,000,000 | -12,000,000 | 2,000,000 |
| Interest Payable | 3,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 4,000,000 | 2,000,000 | 3,000,000 | 30,000,000 | 4,000,000 | |
| Interest Receivable | 4,000,000 | 3,000,000 | 1,000,000 | 2,000,000 | 6,000,000 | 5,000,000 | 3,000,000 | 3,000,000 | 18,000,000 | 18,000,000 | 17,000,000 | 17,000,000 | 11,000,000 | 6,000,000 | 30,000,000 |
| Pre-Tax Profit | -47,000,000 | 57,000,000 | -112,000,000 | -44,000,000 | -44,000,000 | -53,000,000 | -9,000,000 | -76,000,000 | 93,000,000 | 13,000,000 | -2,000,000 | 60,000,000 | -9,000,000 | -44,000,000 | 6,000,000 |
| Tax | -8,000,000 | -12,000,000 | -6,000,000 | -7,000,000 | -5,000,000 | 2,000,000 | -1,000,000 | 5,000,000 | 2,000,000 | -9,000,000 | 7,000,000 | -1,000,000 | -4,000,000 | -2,000,000 | |
| Profit After Tax | -55,000,000 | 45,000,000 | -118,000,000 | -51,000,000 | -49,000,000 | -51,000,000 | -10,000,000 | -71,000,000 | 93,000,000 | 15,000,000 | -11,000,000 | 67,000,000 | -10,000,000 | -48,000,000 | 4,000,000 |
| Dividends Paid | 243,000,000 | ||||||||||||||
| Retained Profit | -55,000,000 | -198,000,000 | -118,000,000 | -51,000,000 | -49,000,000 | -51,000,000 | -10,000,000 | -71,000,000 | 93,000,000 | 15,000,000 | -11,000,000 | 67,000,000 | -10,000,000 | -48,000,000 | 4,000,000 |
| Employee Costs | 71,000,000 | 64,000,000 | 62,000,000 | 52,000,000 | 45,000,000 | 58,000,000 | 44,000,000 | 53,000,000 | 43,000,000 | 40,000,000 | 37,000,000 | 35,000,000 | 33,000,000 | 32,000,000 | 31,000,000 |
| Number Of Employees | 404 | 367 | 364 | 295 | 288 | 289 | 289 | 327 | 304 | 265 | 244 | 213 | 192 | 183 | 177 |
| EBITDA* | 17,000,000 | -44,000,000 | 1,000,000 | 3,000,000 | -34,000,000 | -82,000,000 | -8,000,000 | -48,000,000 | -15,000,000 | -11,000,000 | -12,000,000 | -35,000,000 | -13,000,000 | -12,000,000 | 2,000,000 |
* 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 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,000,000 | 9,000,000 | 11,000,000 | 13,000,000 | 15,000,000 | 4,000,000 | 5,000,000 | 9,000,000 | 6,000,000 | ||||||
| Intangible Assets | 12,000,000 | 16,000,000 | 20,000,000 | 26,000,000 | 33,000,000 | 42,000,000 | 25,000,000 | 4,000,000 | 5,000,000 | 6,000,000 | 4,000,000 | 8,000,000 | 6,000,000 | 6,000,000 | 12,000,000 |
| Investments & Other | 260,000,000 | 218,000,000 | 218,000,000 | 208,000,000 | 83,000,000 | 72,000,000 | 81,000,000 | 64,000,000 | 63,000,000 | 59,000,000 | 162,000,000 | 160,000,000 | 59,000,000 | 157,000,000 | 157,000,000 |
| Debtors (Due After 1 year) | 7,000,000 | 4,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 3,000,000 | 4,000,000 | 6,000,000 | 3,000,000 | 4,000,000 | 3,000,000 | 2,000,000 | 3,000,000 | 5,000,000 | 2,000,000 |
| Total Fixed Assets | 284,000,000 | 247,000,000 | 252,000,000 | 249,000,000 | 133,000,000 | 121,000,000 | 115,000,000 | 83,000,000 | 77,000,000 | 69,000,000 | 169,000,000 | 170,000,000 | 68,000,000 | 168,000,000 | 171,000,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 2,000,000 | 1,000,000 | 3,000,000 | 2,000,000 | |||||||||||
| Group Debtors | 142,000,000 | 221,000,000 | 435,000,000 | 485,000,000 | 682,000,000 | 743,000,000 | 745,000,000 | 1,011,000,000 | 912,000,000 | 790,000,000 | 1,236,000,000 | 1,142,000,000 | 1,165,000,000 | 1,456,000,000 | 1,327,000,000 |
| Misc Debtors | 24,000,000 | 24,000,000 | 19,000,000 | 19,000,000 | 15,000,000 | 15,000,000 | 13,000,000 | 16,000,000 | 4,000,000 | 25,000,000 | 3,000,000 | 6,000,000 | 4,000,000 | 3,000,000 | 4,000,000 |
| Cash | |||||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 168,000,000 | 245,000,000 | 454,000,000 | 504,000,000 | 697,000,000 | 758,000,000 | 759,000,000 | 1,030,000,000 | 918,000,000 | 815,000,000 | 1,239,000,000 | 1,148,000,000 | 1,169,000,000 | 1,459,000,000 | 1,331,000,000 |
| total assets | 452,000,000 | 492,000,000 | 706,000,000 | 753,000,000 | 830,000,000 | 879,000,000 | 874,000,000 | 1,113,000,000 | 995,000,000 | 884,000,000 | 1,408,000,000 | 1,318,000,000 | 1,237,000,000 | 1,627,000,000 | 1,502,000,000 |
| Bank overdraft | 4,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | ||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 31,000,000 | 13,000,000 | 16,000,000 | 20,000,000 | 9,000,000 | 7,000,000 | 5,000,000 | 33,000,000 | 4,000,000 | 3,000,000 | 4,000,000 | 6,000,000 | 4,000,000 | 6,000,000 | 3,000,000 |
| Group/Directors Accounts | 67,000,000 | 43,000,000 | 97,000,000 | 29,000,000 | 77,000,000 | 89,000,000 | 42,000,000 | 234,000,000 | 75,000,000 | 75,000,000 | 624,000,000 | 517,000,000 | 524,000,000 | 899,000,000 | 736,000,000 |
| other short term finances | |||||||||||||||
| hp & lease commitments | 3,000,000 | 22,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | ||||||||||
| other current liabilities | 17,000,000 | 37,000,000 | 23,000,000 | 28,000,000 | 22,000,000 | 30,000,000 | 21,000,000 | 36,000,000 | 43,000,000 | 30,000,000 | 23,000,000 | 34,000,000 | 21,000,000 | 26,000,000 | 34,000,000 |
| total current liabilities | 118,000,000 | 115,000,000 | 142,000,000 | 80,000,000 | 111,000,000 | 126,000,000 | 69,000,000 | 303,000,000 | 122,000,000 | 108,000,000 | 651,000,000 | 558,000,000 | 549,000,000 | 931,000,000 | 773,000,000 |
| loans | |||||||||||||||
| hp & lease commitments | 2,000,000 | 4,000,000 | 6,000,000 | 9,000,000 | 11,000,000 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 3,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 6,000,000 | 5,000,000 | 8,000,000 | 9,000,000 | 12,000,000 | 9,000,000 | 9,000,000 | 12,000,000 | 3,000,000 | ||
| total long term liabilities | 5,000,000 | 5,000,000 | 7,000,000 | 10,000,000 | 11,000,000 | 6,000,000 | 5,000,000 | 8,000,000 | 9,000,000 | 12,000,000 | 9,000,000 | 9,000,000 | 12,000,000 | 3,000,000 | |
| total liabilities | 123,000,000 | 120,000,000 | 149,000,000 | 90,000,000 | 122,000,000 | 126,000,000 | 75,000,000 | 308,000,000 | 130,000,000 | 117,000,000 | 663,000,000 | 567,000,000 | 558,000,000 | 943,000,000 | 776,000,000 |
| net assets | 329,000,000 | 372,000,000 | 557,000,000 | 663,000,000 | 708,000,000 | 753,000,000 | 799,000,000 | 805,000,000 | 865,000,000 | 767,000,000 | 745,000,000 | 751,000,000 | 679,000,000 | 684,000,000 | 726,000,000 |
| total shareholders funds | 329,000,000 | 372,000,000 | 557,000,000 | 663,000,000 | 708,000,000 | 753,000,000 | 799,000,000 | 805,000,000 | 865,000,000 | 767,000,000 | 745,000,000 | 751,000,000 | 679,000,000 | 684,000,000 | 726,000,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 9,000,000 | -55,000,000 | -15,000,000 | -14,000,000 | -50,000,000 | -90,000,000 | -10,000,000 | -50,000,000 | -18,000,000 | -11,000,000 | -12,000,000 | -35,000,000 | -13,000,000 | -12,000,000 | 2,000,000 |
| Depreciation | 4,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | ||||||
| Amortisation | 4,000,000 | 8,000,000 | 13,000,000 | 14,000,000 | 14,000,000 | 7,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | ||||||
| Tax | -8,000,000 | -12,000,000 | -6,000,000 | -7,000,000 | -5,000,000 | 2,000,000 | -1,000,000 | 5,000,000 | 2,000,000 | -9,000,000 | 7,000,000 | -1,000,000 | -4,000,000 | -2,000,000 | |
| Stock | |||||||||||||||
| Debtors | -74,000,000 | -208,000,000 | -49,000,000 | -193,000,000 | -62,000,000 | -2,000,000 | -273,000,000 | 115,000,000 | 102,000,000 | -423,000,000 | 92,000,000 | -22,000,000 | -292,000,000 | 131,000,000 | 1,333,000,000 |
| Creditors | 18,000,000 | -3,000,000 | -4,000,000 | 11,000,000 | 2,000,000 | 2,000,000 | -28,000,000 | 29,000,000 | 1,000,000 | -1,000,000 | -2,000,000 | 2,000,000 | -2,000,000 | 3,000,000 | 3,000,000 |
| Accruals and Deferred Income | -20,000,000 | 14,000,000 | -5,000,000 | 6,000,000 | -8,000,000 | 9,000,000 | -15,000,000 | -7,000,000 | 13,000,000 | 7,000,000 | -11,000,000 | 13,000,000 | -5,000,000 | -8,000,000 | 34,000,000 |
| Deferred Taxes & Provisions | 2,000,000 | 1,000,000 | -6,000,000 | 1,000,000 | -3,000,000 | -1,000,000 | -3,000,000 | 3,000,000 | -3,000,000 | 9,000,000 | 3,000,000 | ||||
| Cash flow from operations | 83,000,000 | 163,000,000 | 35,000,000 | 207,000,000 | 17,000,000 | -73,000,000 | 222,000,000 | -139,000,000 | -104,000,000 | 417,000,000 | -123,000,000 | 9,000,000 | 268,000,000 | -143,000,000 | -1,293,000,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 42,000,000 | 10,000,000 | 125,000,000 | 11,000,000 | -9,000,000 | 17,000,000 | 1,000,000 | 4,000,000 | -103,000,000 | 2,000,000 | 101,000,000 | -98,000,000 | 157,000,000 | ||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 24,000,000 | -54,000,000 | 68,000,000 | -48,000,000 | -12,000,000 | 47,000,000 | -192,000,000 | 159,000,000 | -549,000,000 | 107,000,000 | -7,000,000 | -375,000,000 | 163,000,000 | 736,000,000 | |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -21,000,000 | 18,000,000 | -3,000,000 | -2,000,000 | 13,000,000 | ||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 1,000,000 | 2,000,000 | 1,000,000 | 5,000,000 | 5,000,000 | 1,000,000 | 2,000,000 | 16,000,000 | 17,000,000 | 13,000,000 | 15,000,000 | 8,000,000 | -24,000,000 | 26,000,000 | |
| cash flow from financing | 16,000,000 | -21,000,000 | 77,000,000 | -43,000,000 | 10,000,000 | 57,000,000 | -187,000,000 | 172,000,000 | 21,000,000 | -525,000,000 | 125,000,000 | 13,000,000 | -362,000,000 | 145,000,000 | 1,484,000,000 |
| cash and cash equivalents | |||||||||||||||
| cash | |||||||||||||||
| overdraft | -4,000,000 | 3,000,000 | 1,000,000 | -1,000,000 | 1,000,000 | -1,000,000 | 1,000,000 | ||||||||
| change in cash | 4,000,000 | -3,000,000 | -1,000,000 | 1,000,000 | -1,000,000 | 1,000,000 | -1,000,000 |
national grid commercial holdings limited Credit Report and Business Information
National Grid Commercial Holdings Limited Competitor Analysis
Perform a competitor analysis for national grid commercial holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in WC2N area or any other competitors across 12 key performance metrics.
national grid commercial holdings limited Ownership
NATIONAL GRID COMMERCIAL HOLDINGS LIMITED group structure
National Grid Commercial Holdings Limited has 8 subsidiary companies.
Ultimate parent company
2 parents
NATIONAL GRID COMMERCIAL HOLDINGS LIMITED
04042700
8 subsidiaries
national grid commercial holdings limited directors
National Grid Commercial Holdings Limited currently has 6 directors. The longest serving directors include Mr David Preston (Mar 2013) and Mr Andrew Mead (Dec 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Preston | 53 years | Mar 2013 | - | Director | |
| Mr Andrew Mead | 53 years | Dec 2015 | - | Director | |
| Ms Deborah Waller | 49 years | Jul 2017 | - | Director | |
| Miss Kylee Dickie | 43 years | Nov 2017 | - | Director | |
| Mrs Alexandra Lewis | 53 years | Oct 2019 | - | Director | |
| Ms Rebecca Vass | United Kingdom | 47 years | Oct 2024 | - | Director |
P&L
March 2024turnover
109m
-1%
operating profit
9m
-116%
gross margin
33.3%
+0.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
329m
-0.12%
total assets
452m
-0.08%
cash
0
0%
net assets
Total assets minus all liabilities
national grid commercial holdings limited company details
company number
04042700
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
July 2000
age
25
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
lattice group holdings limited (October 2005)
hackremco (no.1694) limited (September 2000)
accountant
-
auditor
DELOITTE LLP
address
1-3 strand, london, WC2N 5EH
Bank
-
Legal Advisor
-
national grid commercial holdings 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 national grid commercial holdings limited.
national grid commercial holdings limited Capital Raised & Share Issues BETA
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national grid commercial holdings limited Companies House Filings - See Documents
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