NATIONAL GRID CARBON LIMITED

1. NATIONAL GRID CARBON LIMITED 2009-02-20 → present
2. NETMAP LIMITED 2001-07-27 → 2009-02-20
3. NGH 1 LIMITED 2000-05-22 → 2001-07-27
4. INTERCEDE 1562 LIMITED 2000-02-24 → 2000-05-22

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors' use of the going concern basis of accounting is appropriate. No material uncertainties were identified that cast significant doubt on the Company's ability to continue as a going concern for at least twelve months from the date the financial statements are authorised for issue.”

Group structure

1. NATIONAL GRID CARBON LIMITED · parent
   1. Carbon Sentinel Limited 1% · England and Wales · carbon storage business

Significant events

• “National Grid Carbon Limited exited the Northern Endurance Partnership and transferred its role as operator of the Humber onshore CO2 transport system to an external party. In the current year certain costs incurred during the project lifespan have been recovered from project partners and recognised in income.”
• “The Company has halted development activities and stopped investing in the Humber onshore C02 transport project with no further activity planned. The project has been wound down alongside terminating funding agreements while resolving past claims. The Company was able to recover certain past costs.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  0%

  £1,000 → £1,000

• Net assets

  +71.5%

  £11,057,000 → £18,963,000

• Employees

  —

  Not reported

• Operating profit

  +350.7%

  £2,206,000 → £9,943,000

• Profit before tax

  +287.8%

  £2,727,000 → £10,574,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers