the electricity network company limited
the electricity network company limited Company Information
Company Number
05581824
Website
www.gtc-uk.co.ukRegistered Address
synergy house windmill avenue, woolpit, bury st. edmunds, IP30 9UP
Industry
Transmission of electricity
Telephone
01359240363
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
gtc infrastructure limited 100%
the electricity network company limited Estimated Valuation
Pomanda estimates the enterprise value of THE ELECTRICITY NETWORK COMPANY LIMITED at £259.2m based on a Turnover of £108.4m and 2.39x industry multiple (adjusted for size and gross margin).
the electricity network company limited Estimated Valuation
Pomanda estimates the enterprise value of THE ELECTRICITY NETWORK COMPANY LIMITED at £137.7m based on an EBITDA of £18.7m and a 7.38x industry multiple (adjusted for size and gross margin).
the electricity network company limited Estimated Valuation
Pomanda estimates the enterprise value of THE ELECTRICITY NETWORK COMPANY LIMITED at £1.2b based on Net Assets of £464.7m and 2.55x industry multiple (adjusted for liquidity).
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The Electricity Network Company Limited Overview
The Electricity Network Company Limited is a live company located in bury st. edmunds, IP30 9UP with a Companies House number of 05581824. It operates in the transmission of electricity sector, SIC Code 35120. Founded in October 2005, it's largest shareholder is gtc infrastructure limited with a 100% stake. The Electricity Network Company Limited is a established, mega sized company, Pomanda has estimated its turnover at £108.4m with rapid growth in recent years.
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The Electricity Network Company Limited Health Check
Pomanda's financial health check has awarded The Electricity Network Company Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £108.4m, make it larger than the average company (£13.7m)
£108.4m - The Electricity Network Company Limited
£13.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (5.9%)
31% - The Electricity Network Company Limited
5.9% - Industry AVG
Production
with a gross margin of 33%, this company has a higher cost of product (51.6%)
33% - The Electricity Network Company Limited
51.6% - Industry AVG
Profitability
an operating margin of 14.6% make it less profitable than the average company (40.6%)
14.6% - The Electricity Network Company Limited
40.6% - Industry AVG
Employees
with 114 employees, this is above the industry average (64)
- The Electricity Network Company Limited
64 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- The Electricity Network Company Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £950.5k, this is equally as efficient (£964.1k)
- The Electricity Network Company Limited
£964.1k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is near the average (23 days)
23 days - The Electricity Network Company Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
0 days - The Electricity Network Company Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Electricity Network Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - The Electricity Network Company Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.9%, this is a lower level of debt than the average (94.5%)
35.9% - The Electricity Network Company Limited
94.5% - Industry AVG
the electricity network company limited Credit Report and Business Information
The Electricity Network Company Limited Competitor Analysis
Perform a competitor analysis for the electricity network company limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the electricity network company limited Ownership
THE ELECTRICITY NETWORK COMPANY LIMITED group structure
The Electricity Network Company Limited has no subsidiary companies.
Ultimate parent company
BROOKFIELD CORP
#0153040
2 parents
THE ELECTRICITY NETWORK COMPANY LIMITED
05581824
the electricity network company limited directors
The Electricity Network Company Limited currently has 5 directors. The longest serving directors include Mr Clive Linsdell (Jun 2006) and Mr David Overman (May 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Clive Linsdell | England | 62 years | Jun 2006 | - | Director |
| Mr David Overman | England | 63 years | May 2012 | - | Director |
| Mr John Trounson | England | 57 years | Dec 2017 | - | Director |
| Mr Richard Brett | England | 39 years | Jul 2023 | - | Director |
| Mr Neil Shaw | 62 years | May 2024 | - | Director |
THE ELECTRICITY NETWORK COMPANY LIMITED financials
The Electricity Network Company Limited's latest turnover from December 2022 is £108.4 million and the company has net assets of £464.7 million. According to their latest financial statements, we estimate that The Electricity Network Company Limited has 114 employees and maintains cash reserves of £69 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 108,353,985 | 75,849,419 | 61,347,509 | 48,672,684 | 38,001,055 | 30,317,897 | 23,844,253 | 16,163,457 | 11,187,493 | 7,054,884 | 3,941,617 | 1,914,472 | 395,490 | 390,536 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 72,618,443 | 46,065,616 | 36,945,751 | 38,648,889 | 28,240,077 | 21,805,461 | 18,459,804 | 11,898,877 | 7,723,667 | 4,678,721 | 2,870,393 | 1,369,851 | 262,602 | 223,102 |
| Gross Profit | 35,735,542 | 29,783,803 | 24,401,758 | 10,023,795 | 9,760,978 | 8,512,436 | 5,384,449 | 4,264,580 | 3,463,826 | 2,376,163 | 1,071,224 | 544,621 | 132,888 | 167,434 |
| Admin Expenses | 19,898,215 | 18,496,741 | 14,749,528 | 3,189,541 | 2,591,761 | 1,898,627 | 1,892,760 | 1,451,259 | 995,584 | 1,369,613 | 1,080,927 | 901,818 | 262,321 | 284,163 |
| Operating Profit | 15,837,327 | 11,287,062 | 9,652,230 | 6,834,254 | 7,169,217 | 6,613,809 | 3,491,689 | 2,813,321 | 2,468,242 | 1,006,550 | -9,703 | -357,197 | -129,433 | -116,729 |
| Interest Payable | 2,991,130 | 1,907,863 | 1,725,120 | 2,806,315 | 2,241,743 | 1,575,689 | 1,418,602 | 1,373,085 | 959,063 | 584,488 | 428,645 | 276,585 | 75,707 | 129,970 |
| Interest Receivable | 0 | 87 | 1,320 | 0 | 1,240 | 186 | 754 | 0 | 0 | 0 | 0 | 272 | 170 | 119 |
| Pre-Tax Profit | 12,846,197 | 9,379,286 | 7,928,430 | 4,027,939 | 4,928,714 | 5,038,306 | 2,073,841 | 1,440,236 | 1,509,179 | 422,062 | -438,348 | -633,510 | -204,970 | -246,580 |
| Tax | -2,830,134 | -3,283,101 | -1,802,491 | -673,101 | -833,562 | -990,168 | -244,833 | -219,071 | -328,423 | -112,712 | 160,775 | 165,800 | 55,910 | 70,061 |
| Profit After Tax | 10,016,063 | 6,096,185 | 6,125,939 | 3,354,838 | 4,095,152 | 4,048,138 | 1,829,008 | 1,221,165 | 1,180,756 | 309,350 | -277,573 | -467,710 | -149,060 | -176,519 |
| Dividends Paid | 3,000,000 | 3,000,000 | 1,500,000 | 2,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 7,016,063 | 3,096,185 | 4,625,939 | 854,838 | 4,095,152 | 4,048,138 | 1,829,008 | 1,221,165 | 1,180,756 | 309,350 | -277,573 | -467,710 | -149,060 | -176,519 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||||||||||||
| EBITDA* | 18,661,512 | 13,701,354 | 11,716,220 | 8,742,977 | 8,408,872 | 7,534,436 | 4,525,216 | 3,472,973 | 2,819,112 | 1,240,426 | 139,397 | -280,127 | -108,917 | -94,725 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 705,874,064 | 147,743,959 | 127,031,310 | 108,579,402 | 82,804,102 | 62,175,802 | 45,731,680 | 32,271,937 | 19,517,974 | 11,693,768 | 7,017,011 | 4,245,821 | 1,873,360 | 1,132,478 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 705,874,065 | 147,743,960 | 127,031,311 | 108,579,403 | 82,804,103 | 62,175,803 | 45,731,681 | 32,271,938 | 19,517,975 | 11,693,769 | 7,017,012 | 4,245,822 | 1,873,361 | 1,132,479 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 7,108,351 | 5,860,347 | 4,918,267 | 3,764,657 | 7,247,803 | 2,823,209 | 2,175,572 | 1,622,394 | 1,098,205 | 682,000 | 615,209 | 458,652 | 63,106 | 51,406 |
| Group Debtors | 0 | 0 | 0 | 110,665 | 0 | 0 | 67,798 | 653,434 | 516,239 | 840,530 | 767,467 | 705,928 | 558,471 | 506,824 |
| Misc Debtors | 11,379,642 | 8,257,023 | 6,812,843 | 5,470,070 | 4,171,893 | 3,216,170 | 2,507,112 | 1,763,489 | 1,680,251 | 934,366 | 701,888 | 352,524 | 156,166 | 59,288 |
| Cash | 69 | 87,423 | 541,433 | 1,644 | 6,249 | 888,076 | 302 | 358,875 | 914 | 78 | 1,458 | 1,704 | 303,981 | 41,957 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 18,488,062 | 14,204,793 | 12,272,543 | 9,347,036 | 7,295,085 | 6,927,455 | 4,750,784 | 4,398,192 | 3,295,609 | 2,456,974 | 2,086,022 | 1,518,808 | 1,081,724 | 659,475 |
| total assets | 724,362,127 | 161,948,753 | 139,303,854 | 117,926,439 | 90,099,188 | 69,103,258 | 50,482,465 | 36,670,130 | 22,813,584 | 14,150,743 | 9,103,034 | 5,764,630 | 2,955,085 | 1,791,954 |
| Bank overdraft | 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 |
| Trade Creditors | 1,927 | 7,740 | 0 | 458 | 236 | 0 | 20,150 | 40,389 | 0 | 140,928 | 10,660 | 639 | 148,071 | 169,926 |
| Group/Directors Accounts | 103,900,413 | 87,131,108 | 71,778,496 | 57,761,366 | 71,876,887 | 58,073,504 | 42,880,298 | 28,071,020 | 18,600,777 | 12,792,316 | 7,740,488 | 6,283,566 | 3,784,006 | 2,649,703 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 15,092,717 | 9,429,840 | 7,772,187 | 6,244,229 | 5,940,283 | 3,717,720 | 4,164,003 | 7,343,947 | 4,857,490 | 3,042,938 | 3,486,675 | 1,337,641 | 412,514 | 212,771 |
| total current liabilities | 118,995,057 | 96,568,688 | 79,550,683 | 64,006,053 | 77,817,406 | 61,791,224 | 47,064,451 | 35,455,356 | 23,458,267 | 15,976,182 | 11,237,823 | 7,621,846 | 4,344,591 | 3,032,400 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 140,713,793 | 6,254,323 | 3,723,614 | 2,516,768 | 1,733,002 | 858,406 | 1,012,524 | 638,292 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 140,713,793 | 6,254,323 | 3,723,614 | 2,516,768 | 1,733,002 | 858,406 | 1,012,524 | 638,292 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 259,708,850 | 102,823,011 | 83,274,297 | 66,522,821 | 79,550,408 | 62,649,630 | 48,076,975 | 36,093,648 | 23,458,267 | 15,976,182 | 11,237,823 | 7,621,846 | 4,344,591 | 3,032,400 |
| net assets | 464,653,277 | 59,125,742 | 56,029,557 | 51,403,618 | 10,548,780 | 6,453,628 | 2,405,490 | 576,482 | -644,683 | -1,825,439 | -2,134,789 | -1,857,216 | -1,389,506 | -1,240,446 |
| total shareholders funds | 464,653,277 | 59,125,742 | 56,029,557 | 51,403,618 | 10,548,780 | 6,453,628 | 2,405,490 | 576,482 | -644,683 | -1,825,439 | -2,134,789 | -1,857,216 | -1,389,506 | -1,240,446 |
| 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 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 15,837,327 | 11,287,062 | 9,652,230 | 6,834,254 | 7,169,217 | 6,613,809 | 3,491,689 | 2,813,321 | 2,468,242 | 1,006,550 | -9,703 | -357,197 | -129,433 | -116,729 |
| Depreciation | 2,824,185 | 2,414,292 | 2,063,990 | 1,908,723 | 1,239,655 | 920,627 | 1,033,527 | 659,652 | 350,870 | 233,876 | 149,100 | 77,070 | 20,516 | 22,004 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -2,830,134 | -3,283,101 | -1,802,491 | -673,101 | -833,562 | -990,168 | -244,833 | -219,071 | -328,423 | -112,712 | 160,775 | 165,800 | 55,910 | 70,061 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,370,623 | 2,386,260 | 2,385,718 | 2,056,556 | 1,249,457 | 1,288,897 | 711,165 | 744,622 | 837,799 | 372,332 | 567,460 | 739,361 | 777,743 | 617,518 |
| Creditors | -5,813 | 7,740 | -458 | 222 | 236 | -20,150 | -20,239 | 40,389 | -140,928 | 130,268 | 10,021 | -147,432 | 148,071 | 169,926 |
| Accruals and Deferred Income | 5,662,877 | 1,657,653 | 1,527,958 | 303,946 | 2,222,563 | -446,283 | -3,179,944 | 2,486,457 | 1,814,552 | -443,737 | 2,149,034 | 925,127 | 412,514 | 212,771 |
| Deferred Taxes & Provisions | 134,459,470 | 2,530,709 | 1,206,846 | 783,766 | 874,596 | -154,118 | 374,232 | 638,292 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 151,577,289 | 12,228,095 | 10,262,357 | 7,101,254 | 9,423,248 | 4,634,820 | 743,267 | 5,674,418 | 3,326,514 | 441,913 | 1,891,767 | -75,993 | -270,165 | -259,485 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 16,769,305 | 15,352,612 | 14,017,130 | -14,115,521 | 13,803,383 | 15,193,206 | 14,809,278 | 9,470,243 | 5,808,461 | 5,051,828 | 1,456,922 | 2,499,560 | 3,784,006 | 2,649,703 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 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 |
| share issue | ||||||||||||||
| interest | -2,991,130 | -1,907,776 | -1,723,800 | -2,806,315 | -2,240,503 | -1,575,503 | -1,417,848 | -1,373,085 | -959,063 | -584,488 | -428,645 | -276,313 | -75,537 | -129,851 |
| cash flow from financing | 412,289,647 | 13,444,836 | 12,293,330 | 23,078,164 | 11,562,880 | 13,617,703 | 13,391,430 | 8,097,158 | 4,849,398 | 4,467,340 | 1,028,277 | 2,223,247 | 2,468,023 | 1,455,925 |
| cash and cash equivalents | ||||||||||||||
| cash | -87,354 | -454,010 | 539,789 | -4,605 | -881,827 | 887,774 | -358,573 | 357,961 | 836 | -1,380 | -246 | -302,277 | 303,981 | 41,957 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -87,354 | -454,010 | 539,789 | -4,605 | -881,827 | 887,774 | -358,573 | 357,961 | 836 | -1,380 | -246 | -302,277 | 303,981 | 41,957 |
P&L
December 2022turnover
108.4m
+43%
operating profit
15.8m
+40%
gross margin
33%
-16.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
464.7m
+6.86%
total assets
724.4m
+3.47%
cash
69
-1%
net assets
Total assets minus all liabilities
the electricity network company limited company details
company number
05581824
Type
Private limited with Share Capital
industry
35120 - Transmission of electricity
incorporation date
October 2005
age
19
accounts
Full Accounts
ultimate parent company
previous names
de facto 1307 limited (February 2006)
de facto 1307 limited (February 2006)
incorporated
UK
address
synergy house windmill avenue, woolpit, bury st. edmunds, IP30 9UP
last accounts submitted
December 2022
the electricity network company 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 the electricity network company limited.
the electricity network company limited Companies House Filings - See Documents
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