ELECTRICITY SETTLEMENTS COMPANY LTD
Get an alert when ELECTRICITY SETTLEMENTS COMPANY LTD 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
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-02 (in 8mo)
Last made up 2025-12-19
Watchouts
None on the register
Cash
£364M
+15.1% vs 2024
Net assets
£0
Equity attributable
Employees
0
Average over period
Profit before tax
—
Period ending 2025-03-31
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £0 | £0 | |
| Cash | £315,889,000 | £363,628,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £0 | £0 | |
| Equity | £0 | £0 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 100.0% | 100.0% | |
| Current ratio | 1.00x | 1.00x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Comptroller and Auditor General
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate resources to continue to operate for the foreseeable future. The financial statements therefore continue to be prepared on a going concern basis. I have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “No post balance sheet events to be recognised or disclosed.”
- “Our overall risk landscape continued to evolve in 2024/25, particularly given the changes in the wider energy market and our growth strategy.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SANDLE, Allison Jane | Secretary | 2020-11-02 | — | — |
| ALDRIDGE, Amanda Jane | Director | 2020-04-02 | Dec 1962 | British |
| BICKERSTAFF, Anthony Oliver | Director | 2025-09-03 | Jun 1964 | British |
| COLEMAN, Joanna Clare | Director | 2024-06-06 | May 1968 | British |
| JONES, Hugo Owen | Director | 2026-03-30 | Sep 1991 | British |
| MAYHEW, Maxine Eleanor, Dr | Director | 2020-08-13 | Aug 1973 | British |
| MCDERMOTT, Neil | Director | 2014-07-22 | Sep 1964 | British |
| MCILROY, Gerard Myles | Director | 2020-10-27 | Feb 1969 | British |
| MCVICAR, Euan Forbes | Director | 2025-05-12 | Sep 1972 | British |
| OSGOOD, Dan | Director | 2023-11-06 | May 1976 | British |
| PITT, George Nicholas Edward | Director | 2020-08-13 | Jun 1977 | British |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HAMBROOK, Rachael | Secretary | 2020-06-06 | 2020-11-02 |
| MACRITCHIE, Kenneth Macmillan | Secretary | 2014-03-26 | 2014-10-09 |
| WILLIAMS, Claire Anne | Secretary | 2014-10-09 | 2020-06-06 |
| BALDOCK, Anne Elizabeth | Director | 2014-11-11 | 2021-05-11 |
| BICKERSTAFF, Anthony Oliver | Director | 2014-11-11 | 2020-10-02 |
| BURKE, Declan Patrick | Director | 2020-01-29 | 2023-07-10 |
| BURKE, Declan Patrick | Director | 2014-03-26 | 2014-07-22 |
| COLLYER, Katherine Sara | Director | 2018-09-13 | 2019-10-05 |
| ELLISTON, Simon James | Director | 2015-12-16 | 2018-04-12 |
| FINN, Regina | Director | 2019-09-02 | 2025-09-03 |
| GAN, Catherine | Director | 2017-04-24 | 2019-11-15 |
| HURST, Stephanie, Dr | Director | 2020-01-29 | 2026-03-29 |
| KEOHANE, James Anthony | Director | 2014-07-22 | 2020-02-29 |
| KING, Marion Ruth | Director | 2014-11-11 | 2017-11-11 |
| LAMPRELL, Helen Louise | Director | 2021-01-19 | 2024-10-31 |
| LONG, David Roger | Director | 2015-10-27 | 2019-12-12 |
| MILLS, Jonathan | Director | 2014-03-26 | 2015-10-27 |
| MURRAY, Christopher John | Director | 2018-06-26 | 2024-06-25 |
| ODGERS, Anthony Louis | Director | 2014-05-20 | 2015-10-27 |
| OREBI GANN, Simon James, Dr | Director | 2014-11-11 | 2020-11-11 |
| READ, CBE, Martin Peter, Dr | Director | 2014-07-22 | 2018-09-30 |
| TURNER, Helen Elizabeth | Director | 2014-07-22 | 2016-12-07 |
| WHITE, Anthony Alfred Leigh, Dr | Director | 2014-11-11 | 2018-07-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Secretary Of State For The Department Of Energy Security And Net Zero | Legal person | Shares 75–100% | 2023-05-03 | Active |
| Secretary Of State For Business, Energy And Industrial Strategy | Legal person | Shares 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-05-02 |
Filing timeline
Last 20 of 88 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-10 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-30 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-09-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-05 | AA | accounts | Accounts with accounts type full | |
| 2025-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-19 | PSC06 | persons-with-significant-control | Change to a person with significant control | |
| 2024-11-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-09 | AA | accounts | Accounts with accounts type full | |
| 2024-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-01 | AA | accounts | Accounts with accounts type full | |
| 2023-07-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-05-25 | PSC03 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 2
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
+15.1%
£315,889,000 £363,628,000
-
Net assets
—
Not reported
-
Employees
—
Not reported
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