ngg finance plc
ngg finance plc Company Information
Company Number
04220381
Next Accounts
Sep 2025
Shareholders
national grid plc
ng nominees ltd
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
1 - 3 strand, london, WC2N 5EH
Website
http://nationalgrid.comngg finance plc Estimated Valuation
Pomanda estimates the enterprise value of NGG FINANCE PLC at £0 based on a Turnover of £0 and 0.54x industry multiple (adjusted for size and gross margin).
ngg finance plc Estimated Valuation
Pomanda estimates the enterprise value of NGG FINANCE PLC at £0 based on an EBITDA of £-45k and a 3.95x industry multiple (adjusted for size and gross margin).
ngg finance plc Estimated Valuation
Pomanda estimates the enterprise value of NGG FINANCE PLC at £1.2b based on Net Assets of £569.8m and 2.13x industry multiple (adjusted for liquidity).
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Ngg Finance Plc Overview
Ngg Finance Plc is a live company located in london, WC2N 5EH with a Companies House number of 04220381. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2001, it's largest shareholder is national grid plc with a 100% stake. Ngg Finance Plc is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Ngg Finance Plc Health Check
There is insufficient data available to calculate a health check for Ngg Finance Plc. Company Health Check FAQs
0 Strong
0 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ngg Finance Plc
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
with 1 employees, this is below the industry average (22)
- Ngg Finance Plc
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (26 weeks)
- - Ngg Finance Plc
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.9%, this is a higher level of debt than the average (58.7%)
- - Ngg Finance Plc
- - Industry AVG
NGG FINANCE PLC financials
Ngg Finance Plc's latest turnover from March 2024 is 0 and the company has net assets of £569.8 million. According to their latest financial statements, we estimate that Ngg Finance Plc has 1 employee and maintains cash reserves of £88 thousand 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 | 24,000 | ||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | 31,000 | ||||||||||||||
| Operating Profit | -45,000 | -46,000 | -42,000 | -38,000 | -37,000 | -35,000 | -33,000 | -33,000 | -36,000 | -31,000 | -30,000 | -23,000 | -28,000 | 24,000 | -26,000 |
| Interest Payable | 107,942,000 | 122,501,000 | 87,801,000 | 122,866,000 | 151,491,000 | 104,052,000 | 137,284,000 | 101,128,000 | 98,673,000 | 223,053,000 | 101,439,000 | 4,061,000 | 12,513,000 | 8,288,000 | 20,022,000 |
| Interest Receivable | 146,684,000 | 140,450,000 | 92,151,000 | 127,407,000 | 159,608,000 | 112,761,000 | 143,987,000 | 108,188,000 | 106,359,000 | 230,524,000 | 108,852,000 | 29,523,000 | 32,035,000 | 39,798,000 | 49,056,000 |
| Pre-Tax Profit | 38,697,000 | 17,903,000 | 4,308,000 | 4,503,000 | 8,080,000 | 8,675,000 | 6,670,000 | 7,001,000 | 7,652,000 | 7,440,000 | 7,393,000 | 25,433,000 | 19,501,000 | 31,534,000 | 29,008,000 |
| Tax | -9,674,000 | -3,402,000 | -818,000 | -856,000 | -1,535,000 | -1,648,000 | -1,267,000 | -1,400,000 | -1,530,000 | -1,577,000 | -1,658,000 | -2,249,000 | -533,000 | -3,866,000 | -3,977,000 |
| Profit After Tax | 29,023,000 | 14,501,000 | 3,490,000 | 3,647,000 | 6,545,000 | 7,027,000 | 5,403,000 | 5,601,000 | 6,122,000 | 5,863,000 | 5,735,000 | 23,184,000 | 18,968,000 | 27,668,000 | 25,031,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 29,023,000 | 14,501,000 | 3,490,000 | 3,647,000 | 6,545,000 | 7,027,000 | 5,403,000 | 5,601,000 | 6,122,000 | 5,863,000 | 5,735,000 | 23,184,000 | 18,968,000 | 27,668,000 | 25,031,000 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | -45,000 | -46,000 | -42,000 | -38,000 | -37,000 | -35,000 | -33,000 | -33,000 | -36,000 | -31,000 | -30,000 | -23,000 | -28,000 | 24,000 | -26,000 |
* 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 | 2,022,000,000 | 2,042,414,000 | 675,391,000 | ||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 2,022,000,000 | 2,042,414,000 | 675,391,000 | ||||||||||||
| Debtors (Due After 1 year) | 1,640,762,000 | 2,095,484,000 | 2,049,782,000 | 2,058,913,000 | 2,102,291,000 | 2,073,375,000 | 2,091,829,000 | 2,058,386,000 | 1,982,488,000 | 1,895,294,000 | |||||
| Total Fixed Assets | 1,640,762,000 | 2,095,484,000 | 2,049,782,000 | 2,058,913,000 | 2,102,291,000 | 2,073,375,000 | 2,091,829,000 | 2,058,386,000 | 1,982,488,000 | 1,895,294,000 | 2,022,000,000 | 2,042,414,000 | 675,391,000 | ||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | |||||||||||||||
| Group Debtors | 1,060,650,000 | 747,833,000 | 730,926,000 | 727,712,000 | 724,972,000 | 804,299,000 | 795,669,000 | 788,132,000 | 778,638,000 | 768,021,000 | 1,962,000 | 1,804,000 | |||
| Misc Debtors | |||||||||||||||
| Cash | 88,000 | 89,000 | 89,000 | 89,000 | 78,000 | 92,000 | 92,000 | 94,000 | 90,000 | 82,000 | 78,000 | 90,000 | 87,000 | 256,000 | 191,000 |
| misc current assets | 790,056,000 | 682,532,000 | 724,855,000 | 1,238,732,000 | 813,412,000 | ||||||||||
| total current assets | 1,060,738,000 | 747,922,000 | 731,015,000 | 727,801,000 | 725,050,000 | 804,391,000 | 795,761,000 | 788,226,000 | 778,728,000 | 768,103,000 | 790,134,000 | 682,622,000 | 724,942,000 | 1,240,950,000 | 815,407,000 |
| total assets | 2,701,500,000 | 2,843,406,000 | 2,780,797,000 | 2,786,714,000 | 2,827,341,000 | 2,877,766,000 | 2,887,590,000 | 2,846,612,000 | 2,761,216,000 | 2,663,397,000 | 2,812,134,000 | 2,725,036,000 | 724,942,000 | 1,240,950,000 | 1,490,798,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | 99,004,000 | 117,910,000 | |||||||||||||
| Trade Creditors | |||||||||||||||
| Group/Directors Accounts | 9,717,000 | 3,446,000 | 892,000 | 1,040,000 | 1,461,000 | 61,827,000 | 59,564,000 | 58,502,000 | 57,036,000 | 55,328,000 | 51,532,000 | 51,701,000 | 120,610,000 | 121,511,000 | 116,852,000 |
| other short term finances | 481,242,000 | 53,718,000 | 53,867,000 | 53,960,000 | 54,436,000 | 79,958,000 | 80,619,000 | 79,549,000 | 77,116,000 | 74,185,000 | 103,708,000 | 3,600,000 | 434,372,000 | 24,148,000 | |
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,000 | 4,000 | 3,000 | 38,000 | 37,000 | 35,000 | 34,000 | 34,000 | 36,000 | 31,000 | 2,064,000 | 22,000 | 27,000 | 27,000 | 80,000 |
| total current liabilities | 490,961,000 | 57,168,000 | 54,762,000 | 55,038,000 | 55,934,000 | 141,820,000 | 140,217,000 | 138,085,000 | 134,188,000 | 129,544,000 | 157,304,000 | 55,323,000 | 120,637,000 | 654,914,000 | 258,990,000 |
| loans | 1,640,762,000 | 2,095,484,000 | 2,049,782,000 | 2,058,913,000 | 2,102,291,000 | 2,073,375,000 | 2,091,829,000 | 2,058,386,000 | 1,982,488,000 | 1,895,294,000 | 2,022,000,000 | 4,084,828,000 | 1,342,410,000 | ||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 141,000 | 550,000 | 958,000 | 1,338,000 | 2,056,000 | 3,710,000 | |||||||||
| total long term liabilities | 1,640,762,000 | 2,095,484,000 | 2,049,782,000 | 2,058,913,000 | 2,102,291,000 | 2,073,375,000 | 2,091,829,000 | 2,058,386,000 | 1,982,488,000 | 1,895,435,000 | 2,022,275,000 | 2,042,893,000 | 669,000 | 1,028,000 | 673,060,000 |
| total liabilities | 2,131,723,000 | 2,152,652,000 | 2,104,544,000 | 2,113,951,000 | 2,158,225,000 | 2,215,195,000 | 2,232,046,000 | 2,196,471,000 | 2,116,676,000 | 2,024,979,000 | 2,179,579,000 | 2,098,216,000 | 121,306,000 | 655,942,000 | 932,050,000 |
| net assets | 569,777,000 | 690,754,000 | 676,253,000 | 672,763,000 | 669,116,000 | 662,571,000 | 655,544,000 | 650,141,000 | 644,540,000 | 638,418,000 | 632,555,000 | 626,820,000 | 603,636,000 | 585,008,000 | 558,748,000 |
| total shareholders funds | 569,777,000 | 690,754,000 | 676,253,000 | 672,763,000 | 669,116,000 | 662,571,000 | 655,544,000 | 650,141,000 | 644,540,000 | 638,418,000 | 632,555,000 | 626,820,000 | 603,636,000 | 585,008,000 | 558,748,000 |
| 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 | -45,000 | -46,000 | -42,000 | -38,000 | -37,000 | -35,000 | -33,000 | -33,000 | -36,000 | -31,000 | -30,000 | -23,000 | -28,000 | 24,000 | -26,000 |
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -9,674,000 | -3,402,000 | -818,000 | -856,000 | -1,535,000 | -1,648,000 | -1,267,000 | -1,400,000 | -1,530,000 | -1,577,000 | -1,658,000 | -2,249,000 | -533,000 | -3,866,000 | -3,977,000 |
| Stock | |||||||||||||||
| Debtors | -141,905,000 | 62,609,000 | -5,917,000 | -40,638,000 | -50,411,000 | -9,824,000 | 40,980,000 | 85,392,000 | 97,811,000 | 2,663,315,000 | -1,962,000 | 158,000 | 1,804,000 | ||
| Creditors | |||||||||||||||
| Accruals and Deferred Income | -2,000 | 1,000 | -35,000 | 1,000 | 2,000 | 1,000 | -2,000 | 5,000 | -2,033,000 | 2,042,000 | -5,000 | -53,000 | 80,000 | ||
| Deferred Taxes & Provisions | -141,000 | -409,000 | -408,000 | -380,000 | -718,000 | -1,654,000 | 3,710,000 | ||||||||
| Cash flow from operations | 132,184,000 | -66,056,000 | 5,022,000 | 39,745,000 | 48,841,000 | 8,142,000 | -42,280,000 | -86,827,000 | -99,513,000 | -2,667,365,000 | -54,000 | -2,657,000 | 683,000 | -5,707,000 | -2,017,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -2,022,000,000 | -20,414,000 | 2,042,414,000 | -675,391,000 | 675,391,000 | ||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -99,004,000 | -18,906,000 | 117,910,000 | ||||||||||||
| Group/Directors Accounts | 6,271,000 | 2,554,000 | -148,000 | -421,000 | -60,366,000 | 2,263,000 | 1,062,000 | 1,466,000 | 1,708,000 | 3,796,000 | -169,000 | -68,909,000 | -901,000 | 4,659,000 | 116,852,000 |
| Other Short Term Loans | 427,524,000 | -149,000 | -93,000 | -476,000 | -25,522,000 | -661,000 | 1,070,000 | 2,433,000 | 2,931,000 | -29,523,000 | 100,108,000 | 3,600,000 | -434,372,000 | 410,224,000 | 24,148,000 |
| Long term loans | -454,722,000 | 45,702,000 | -9,131,000 | -43,378,000 | 28,916,000 | -18,454,000 | 33,443,000 | 75,898,000 | 87,194,000 | -126,706,000 | -2,062,828,000 | 4,084,828,000 | -1,342,410,000 | 1,342,410,000 | |
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 38,742,000 | 17,949,000 | 4,350,000 | 4,541,000 | 8,117,000 | 8,709,000 | 6,703,000 | 7,060,000 | 7,686,000 | 7,471,000 | 7,413,000 | 25,462,000 | 19,522,000 | 31,510,000 | 29,034,000 |
| cash flow from financing | -132,185,000 | 66,056,000 | -5,022,000 | -39,734,000 | -48,855,000 | -8,143,000 | 42,278,000 | 86,857,000 | 99,519,000 | -144,962,000 | -1,955,476,000 | 4,044,981,000 | -515,095,000 | -916,331,000 | 2,164,071,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,000 | 11,000 | -14,000 | -2,000 | 4,000 | 8,000 | 4,000 | -12,000 | 3,000 | -169,000 | 65,000 | 191,000 | |||
| overdraft | |||||||||||||||
| change in cash | -1,000 | 11,000 | -14,000 | -2,000 | 4,000 | 8,000 | 4,000 | -12,000 | 3,000 | -169,000 | 65,000 | 191,000 |
ngg finance plc Credit Report and Business Information
Ngg Finance Plc Competitor Analysis
Perform a competitor analysis for ngg finance plc by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mature companies, companies in WC2N area or any other competitors across 12 key performance metrics.
ngg finance plc Ownership
NGG FINANCE PLC group structure
Ngg Finance Plc has no subsidiary companies.
ngg finance plc directors
Ngg Finance Plc currently has 5 directors. The longest serving directors include Mr Andrew Mead (Dec 2015) and Mr Andrew Agg (Jan 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Mead | 53 years | Dec 2015 | - | Director | |
| Mr Andrew Agg | 55 years | Jan 2016 | - | Director | |
| Mrs Alexandra Lewis | 53 years | Nov 2017 | - | Director | |
| Mr Darren Pettifer | 44 years | Apr 2024 | - | Director | |
| Ms Rebecca Vass | United Kingdom | 47 years | Oct 2024 | - | Director |
P&L
March 2024turnover
0
0%
operating profit
-45k
-2%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
569.8m
-0.18%
total assets
2.7b
-0.05%
cash
88k
-0.01%
net assets
Total assets minus all liabilities
Similar Companies
ngg finance plc company details
company number
04220381
Type
Public limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 2001
age
24
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
ngg finance limited (July 2001)
intercede 1723 limited (July 2001)
accountant
-
auditor
DELOITTE LLP
address
1 - 3 strand, london, WC2N 5EH
Bank
-
Legal Advisor
-
ngg finance 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 did not find charges/mortgages relating to ngg finance plc.
ngg finance plc Capital Raised & Share Issues BETA
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ngg finance plc Companies House Filings - See Documents
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