ENGIE POWER LIMITED

1. ENGIE POWER LIMITED 2016-01-27 → present
2. GDF SUEZ MARKETING LIMITED 2008-11-18 → 2016-01-27
3. GAZ DE FRANCE MARKETING LIMITED 2002-11-22 → 2008-11-18
4. RWE TRADING DIRECT LIMITED 2001-09-28 → 2002-11-22
5. BUILDMILL LIMITED 2001-06-18 → 2001-09-28

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have, at the time of approving the financial statements, a reasonable expectation that the Company has adequate resources to continue in operational existence for the period to 30 September 2026. They therefore continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. ENGIE POWER LIMITED · parent
   1. IPM Energy Retail Limited 100%

Significant events

• “Revenue declined by 2.2% to £1,981 million (2023: £2,026 million), primarily due to lower commodity market prices affecting the Industrial & Commercial and SME segments, despite stable sales volumes.”
• “Gross margin decreased to 8% (2023: 11.8%), with the adjusted gross margin excluding fair value movements on commodity contracts at 6.5% (2023: 8.3%).”
• “Engie Power Limited has not taken any new energy efficiency actions during the year 2024.”
• “The Company partnered with Zarach, a Leeds-based charity working to end child bed poverty in England.”
• “On 5 September 2025, the directors of IPM Energy Retail Limited (IPMER), a wholly owned subsidiary placed the entity into liquidation.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -2.2%

  £2,026,039,000 → £1,981,352,000

• Cash

  —

  Not reported

• Net assets

  +28.2%

  £238,964,000 → £306,320,000

• Employees

  +1.6%

  368 → 374

• Operating profit

  -48.6%

  £189,879,000 → £97,653,000

• Profit before tax

  -48.5%

  £178,752,000 → £92,108,000

• Wages

  +5.1%

  £25,221,000 → £26,505,000

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