sse thermal generation (scotland) limited
sse thermal generation (scotland) limited Company Information
Company Number
SC664055
Next Accounts
Dec 2025
Shareholders
sse thermal generation holdings limited
Group Structure
View All
Industry
Production of electricity
Registered Address
inveralmond house, 200 dunkeld road, perth, PH1 3AQ
Website
sse.comsse thermal generation (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of SSE THERMAL GENERATION (SCOTLAND) LIMITED at £1.4b based on a Turnover of £666.9m and 2.06x industry multiple (adjusted for size and gross margin).
sse thermal generation (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of SSE THERMAL GENERATION (SCOTLAND) LIMITED at £461.4m based on an EBITDA of £78.7m and a 5.86x industry multiple (adjusted for size and gross margin).
sse thermal generation (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of SSE THERMAL GENERATION (SCOTLAND) LIMITED at £278.8m based on Net Assets of £106.1m and 2.63x industry multiple (adjusted for liquidity).
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Sse Thermal Generation (scotland) Limited Overview
Sse Thermal Generation (scotland) Limited is a live company located in perth, PH1 3AQ with a Companies House number of SC664055. It operates in the production of electricity sector, SIC Code 35110. Founded in June 2020, it's largest shareholder is sse thermal generation holdings limited with a 100% stake. Sse Thermal Generation (scotland) Limited is a young, mega sized company, Pomanda has estimated its turnover at £666.9m with unknown growth in recent years.
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Sse Thermal Generation (scotland) Limited Health Check
Pomanda's financial health check has awarded Sse Thermal Generation (Scotland) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
4 Weak
Size
annual sales of £666.9m, make it larger than the average company (£1.7m)
£666.9m - Sse Thermal Generation (scotland) Limited
£1.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Sse Thermal Generation (scotland) Limited
- - Industry AVG
Production
with a gross margin of 11.7%, this company has a higher cost of product (67.5%)
11.7% - Sse Thermal Generation (scotland) Limited
67.5% - Industry AVG
Profitability
an operating margin of 10.8% make it less profitable than the average company (48.8%)
10.8% - Sse Thermal Generation (scotland) Limited
48.8% - Industry AVG
Employees
with 74 employees, this is above the industry average (2)
74 - Sse Thermal Generation (scotland) Limited
2 - Industry AVG
Pay Structure
on an average salary of £102.7k, the company has a higher pay structure (£80k)
£102.7k - Sse Thermal Generation (scotland) Limited
£80k - Industry AVG
Efficiency
resulting in sales per employee of £9m, this is more efficient (£445.4k)
£9m - Sse Thermal Generation (scotland) Limited
£445.4k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (15 days)
7 days - Sse Thermal Generation (scotland) Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (20 days)
3 days - Sse Thermal Generation (scotland) Limited
20 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (18 days)
5 days - Sse Thermal Generation (scotland) Limited
18 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sse Thermal Generation (scotland) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63%, this is a lower level of debt than the average (86.8%)
63% - Sse Thermal Generation (scotland) Limited
86.8% - Industry AVG
SSE THERMAL GENERATION (SCOTLAND) LIMITED financials
Sse Thermal Generation (Scotland) Limited's latest turnover from March 2024 is £666.9 million and the company has net assets of £106.1 million. According to their latest financial statements, Sse Thermal Generation (Scotland) Limited has 74 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 | |
|---|---|---|---|---|
| Turnover | 666,900,000 | 1,425,600,000 | 187,200,000 | |
| Other Income Or Grants | ||||
| Cost Of Sales | 589,000,000 | 1,004,300,000 | 117,200,000 | |
| Gross Profit | 77,900,000 | 421,300,000 | 70,000,000 | |
| Admin Expenses | 6,000,000 | 7,100,000 | 4,600,000 | |
| Operating Profit | 71,900,000 | 414,200,000 | 65,400,000 | |
| Interest Payable | 1,800,000 | 1,800,000 | 2,200,000 | |
| Interest Receivable | 17,200,000 | 4,500,000 | ||
| Pre-Tax Profit | 87,300,000 | 416,900,000 | 63,200,000 | |
| Tax | -18,900,000 | -82,100,000 | -11,500,000 | |
| Profit After Tax | 68,400,000 | 334,800,000 | 51,700,000 | |
| Dividends Paid | 350,000,000 | |||
| Retained Profit | -281,600,000 | 334,800,000 | 51,700,000 | |
| Employee Costs | 7,600,000 | 7,900,000 | 5,800,000 | |
| Number Of Employees | 74 | 82 | 63 | |
| EBITDA* | 78,700,000 | 427,300,000 | 72,100,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | 52,700,000 | 57,800,000 | 74,800,000 | |
| Intangible Assets | ||||
| Investments & Other | 3,900,000 | 1,900,000 | 8,300,000 | |
| Debtors (Due After 1 year) | 156,900,000 | 378,400,000 | 2,600,000 | |
| Total Fixed Assets | 213,500,000 | 438,100,000 | 85,700,000 | |
| Stock & work in progress | 8,400,000 | 12,900,000 | 10,800,000 | |
| Trade Debtors | 13,500,000 | 6,700,000 | 3,000,000 | |
| Group Debtors | 25,700,000 | 64,800,000 | 59,100,000 | |
| Misc Debtors | 19,600,000 | 10,300,000 | 11,300,000 | |
| Cash | 1 | |||
| misc current assets | 6,100,000 | 32,100,000 | ||
| total current assets | 73,300,000 | 126,800,000 | 84,200,000 | 1 |
| total assets | 286,800,000 | 564,900,000 | 169,900,000 | 1 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 5,100,000 | 2,700,000 | 15,800,000 | |
| Group/Directors Accounts | 87,600,000 | 39,800,000 | 12,000,000 | |
| other short term finances | 19,800,000 | |||
| hp & lease commitments | ||||
| other current liabilities | 48,800,000 | 91,600,000 | 25,900,000 | |
| total current liabilities | 141,500,000 | 134,100,000 | 73,500,000 | |
| loans | 200,000 | |||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 39,200,000 | 43,300,000 | 44,000,000 | |
| total long term liabilities | 39,200,000 | 43,300,000 | 44,200,000 | |
| total liabilities | 180,700,000 | 177,400,000 | 117,700,000 | |
| net assets | 106,100,000 | 387,500,000 | 52,200,000 | 1 |
| total shareholders funds | 106,100,000 | 387,500,000 | 52,200,000 | 1 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 71,900,000 | 414,200,000 | 65,400,000 | |
| Depreciation | 6,800,000 | 13,100,000 | 6,700,000 | |
| Amortisation | ||||
| Tax | -18,900,000 | -82,100,000 | -11,500,000 | |
| Stock | -4,500,000 | 2,100,000 | 10,800,000 | |
| Debtors | -244,500,000 | 384,200,000 | 76,000,000 | |
| Creditors | 2,400,000 | -13,100,000 | 15,800,000 | |
| Accruals and Deferred Income | -42,800,000 | 65,700,000 | 25,900,000 | |
| Deferred Taxes & Provisions | -4,100,000 | -700,000 | 44,000,000 | |
| Cash flow from operations | 264,300,000 | 10,800,000 | 59,500,000 | |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 2,000,000 | -6,400,000 | 8,300,000 | |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | 47,800,000 | 27,800,000 | 12,000,000 | |
| Other Short Term Loans | -19,800,000 | 19,800,000 | ||
| Long term loans | -200,000 | 200,000 | ||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | 15,400,000 | 2,700,000 | -2,200,000 | |
| cash flow from financing | 63,400,000 | 11,000,000 | 30,299,999 | |
| cash and cash equivalents | ||||
| cash | -1 | 1 | ||
| overdraft | ||||
| change in cash | -1 | 1 |
sse thermal generation (scotland) limited Credit Report and Business Information
Sse Thermal Generation (scotland) Limited Competitor Analysis
Perform a competitor analysis for sse thermal generation (scotland) limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mega companies, companies in PH1 area or any other competitors across 12 key performance metrics.
sse thermal generation (scotland) limited Ownership
SSE THERMAL GENERATION (SCOTLAND) LIMITED group structure
Sse Thermal Generation (Scotland) Limited has no subsidiary companies.
Ultimate parent company
2 parents
SSE THERMAL GENERATION (SCOTLAND) LIMITED
SC664055
sse thermal generation (scotland) limited directors
Sse Thermal Generation (Scotland) Limited currently has 10 directors. The longest serving directors include Mrs Ann Gray (Jun 2020) and Mr Martin Beattie (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Ann Gray | Scotland | 58 years | Jun 2020 | - | Director |
| Mr Martin Beattie | Scotland | 44 years | Aug 2021 | - | Director |
| Mr Adrian Rudd | England | 53 years | Aug 2021 | - | Director |
| Mrs Zahida Zakir | Scotland | 55 years | Aug 2021 | - | Director |
| Mr Adrian Rudd | England | 53 years | Aug 2021 | - | Director |
| Mr Mark Hayward | United Kingdom | 61 years | Aug 2021 | - | Director |
| Mr John Johnson | Ireland | 48 years | Sep 2021 | - | Director |
| Mr Charles Cryans | Scotland | 61 years | Jan 2022 | - | Director |
| Ms Mandy MacKay | Scotland | 49 years | May 2022 | - | Director |
| Mr Finlay McCutcheon | Scotland | 47 years | Jul 2024 | - | Director |
P&L
March 2024turnover
666.9m
-53%
operating profit
71.9m
-83%
gross margin
11.7%
-60.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
106.1m
-0.73%
total assets
286.8m
-0.49%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
sse thermal generation (scotland) limited company details
company number
SC664055
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
June 2020
age
5
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
inveralmond house, 200 dunkeld road, perth, PH1 3AQ
Bank
-
Legal Advisor
-
sse thermal generation (scotland) 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 sse thermal generation (scotland) limited.
sse thermal generation (scotland) limited 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.
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sse thermal generation (scotland) limited Companies House Filings - See Documents
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