GE VERNOVA ENERGY UK LIMITED
Get an alert when GE VERNOVA ENERGY UK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-31 (in 3mo)
Last made up 2025-08-17
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£549M
+48% vs 2023
Employees
102
+121.7% vs 2023
Profit before tax
£113M
+13,937% vs 2023
Name history
Renamed 2 times since incorporation — the current trading name was adopted 2025-04-01
- GE VERNOVA ENERGY UK LIMITED 2025-04-01 → present
- GENERAL ELECTRIC ENERGY UK LIMITED 2016-05-10 → 2025-04-01
- ALSTOM LTD 2001-08-09 → 2016-05-10
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £5,229,000 | £27,273,000 | |
| Operating profit | -£7,210,000 | £103,505,000 | |
| Profit before tax | £806,000 | £113,138,000 | |
| Net profit | £38,812,000 | £112,190,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £467,777,000 | £669,877,000 | |
| Net assets | £371,266,000 | £549,296,000 | |
| Equity | £371,266,000 | £549,296,000 | |
| Average employees | 46 | 102 | |
| Wages | £4,172,000 | £17,120,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -137.9% | 379.5% | |
| Net margin | 742.2% | 411.4% | |
| Return on capital employed | -1.5% | 15.5% | |
| Gearing (liabilities / total assets) | 42.9% | 26.0% | |
| Current ratio | 2.34x | 7.46x | |
| Interest cover | -0.71x | 16.49x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have performed a going concern assessment for a period of 12 months from the date of approval of these financial statements, also considering events reasonably foreseeable beyond this horizon, which indicates that taking account of the inflationary impacts on the UK economy, higher interest rates, increased energy costs, labour market shortages and in light of the company's ability to access the GE Vernova group cash pool facility if required, the company will have sufficient funds to meet its liabilities as they fall due for that period.”
Group structure
- GE VERNOVA ENERGY UK LIMITED · parent
- UK Grid Solutions Limited 100%
- GE Power UK 100%
- GE Vernova Electrification Software UK Limited 40.34%
- GE Steam Power UK Limited 100%
Significant events
- “The increase in profit is mainly attributable to £110,198,000 on the sale of the whole of the issued share capital of its subsidiary GE Steam Power Ltd. to a third party on 31 May 2024 for a cash consideration of £130,551,000.”
- “As a consequence of the spin-off by General Electric Company of its GE Vernova operations on 2 April 2024, GE Vernova Energy UK Limited (formerly General Electric Energy UK Limited) is part of GE Vernova group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 36 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2019-05-29 | — | — |
| GIBSON, William Thomas | Director | 2026-02-09 | Mar 1984 | British |
| GOWDY, Craig Simon | Director | 2024-05-24 | Sep 1982 | British |
| KIERNAN, Kevin | Director | 2021-06-10 | Mar 1968 | Irish |
| SLAUGHTER, Kevin Marc | Director | 2020-11-09 | Apr 1973 | British,South African |
Show 36 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CLEDWYN DAVIES, Altan Denys | Secretary | 2001-08-09 | 2010-04-12 |
| MACDONALD, Iain Graham Ross | Secretary | 2010-10-20 | 2016-05-04 |
| PEERMOHAMED, Zahra | Secretary | 2016-05-04 | 2018-07-19 |
| PURCELL, Robert Michael | Secretary | 2010-04-12 | 2010-10-20 |
| ALLSWORTH, David | Director | 2002-04-17 | 2002-10-24 |
| AUSTIN, Helena Claire | Director | 2010-03-04 | 2012-09-01 |
| BALL, Bruce Henry | Director | 2012-09-01 | 2015-01-30 |
| BARRON, Paul Stuart | Director | 2002-04-17 | 2004-05-28 |
| BURGIN, Stephen Rex | Director | 2008-01-08 | 2016-02-18 |
| CARR, Keith David | Director | 2010-04-19 | 2012-11-23 |
| CLEDWYN DAVIES, Altan Denys | Director | 2001-08-09 | 2010-04-12 |
| ELBORNE, Mark Edward Monckton | Director | 2016-01-11 | 2016-08-25 |
| FLICKER, Mark | Director | 2004-10-01 | 2007-03-31 |
| JAFFRE, Philippe Serge Yves | Director | 2004-04-05 | 2007-09-05 |
| KELLITT, Ian David | Director | 2007-03-19 | 2008-06-30 |
| KRON, Patrick | Director | 2004-04-07 | 2007-03-31 |
| MACDONALD, Iain Graham Ross | Director | 2011-02-04 | 2021-03-31 |
| MACLEOD, Stuart James Robert | Director | 2014-10-16 | 2015-12-01 |
| MAHLER, Robert Philippe | Director | 2007-03-19 | 2010-01-27 |
| MARRIOTT, Kevin John | Director | 2011-09-15 | 2014-06-10 |
| MCDONALD, Roger | Director | 2002-04-17 | 2003-01-31 |
| MILLER, Steven Robert | Director | 2018-03-28 | 2026-02-09 |
| MILNER, James Wilson | Director | 2007-03-19 | 2008-04-06 |
| PALMER, Clive Alistair, Dr | Director | 2002-04-17 | 2003-04-30 |
| PAPWORTH, Mark Harry | Director | 2002-04-17 | 2002-07-26 |
| POUPART LAFARGE, Henri | Director | 2004-04-01 | 2011-09-15 |
| PRESCOTT, Eric Andrew | Director | 2004-11-22 | 2007-05-31 |
| PURCELL, Robert Michael | Director | 2008-10-01 | 2014-10-16 |
| ROBINSON, Paul Leonard | Director | 2007-10-19 | 2011-07-31 |
| RUTHERFORD, Iain Kennedy | Director | 2012-11-23 | 2021-06-10 |
| SALMON, Nicholas Robin | Director | 2002-04-17 | 2004-02-29 |
| THOMAS, David | Director | 2001-08-09 | 2006-03-31 |
| TILSTON, Christopher David | Director | 2002-04-17 | 2003-07-31 |
| TUFFY, Fintan | Director | 2016-06-24 | 2018-03-30 |
| TYLER, John Arthur | Director | 2002-04-17 | 2011-03-18 |
| WATSON, Terence Stuart | Director | 2011-09-15 | 2015-12-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ge Vernova Uk Holdings Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-08-16 | Active |
Filing timeline
Last 20 of 208 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-01 CERTNM Certificate change of name company PDF
- 2023-11-07 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-10 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-10 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-25 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-10-21 | AA | accounts | Accounts with accounts type full | |
| 2025-08-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-02 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-01 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-12-20 | AA | accounts | Accounts with accounts type full | |
| 2024-08-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-05 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-05-29 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-17 | AA | accounts | Accounts with accounts type full | |
| 2024-04-06 | AD04 | address | Move registers to registered office company with new address | |
| 2024-04-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-03-13 | CH01 | officers | Change person director company with change date | |
| 2024-03-13 | DISS40 | gazette | Gazette filings brought up to date | |
| 2024-03-12 | GAZ1 | gazette | Gazette notice compulsory | |
| 2023-11-07 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-30 | SH01 | capital | Capital allotment shares | |
| 2023-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+421.6%
£5,229,000 £27,273,000
-
Cash
—
Not reported
-
Net assets
+48%
£371,266,000 £549,296,000
-
Employees
+121.7%
46 102
-
Operating profit
+1,535.6%
-£7,210,000 £103,505,000
-
Profit before tax
+13,937%
£806,000 £113,138,000
-
Wages
+310.4%
£4,172,000 £17,120,000
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