STATE GRID EUROPE DEVELOPMENT (2014) PUBLIC LIMITED COMPANY
Get an alert when STATE GRID EUROPE DEVELOPMENT (2014) PUBLIC LIMITED COMPANY 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
2026-06-30 (in 1mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-30 (in 5mo)
Last made up 2025-10-16
Watchouts
None on the register
Cash
£53K
+4.5% vs 2023
Net assets
£52K
+4.5% vs 2023
Employees
—
Average over period
Profit before tax
£2K
+166.5% vs 2023
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 | — | — | |
| Operating profit | — | — | |
| Profit before tax | £834 | £2,223 | |
| Net profit | £834 | £2,223 | |
| Cash | £50,662 | £52,927 | |
| Total assets less current liabilities | £1,038,575,406 | £548,621,115 | |
| Net assets | £49,816 | £52,040 | |
| Equity | £49,816 | £52,040 | |
| Average employees | — | — | |
| 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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| 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
- MHA Audit Services LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Our evaluation of the Directors’ assessment of the entity’s ability to continue to adopt the going concern basis of accounting included: Considering the liquidity of the Company and its ability to settle its outstanding liabilities as they fall due for the 24 month period to 31 December 2026. Reviewing the non-binding letter of support received by the Directors from State Grid International Development Limited confirming ongoing financial support will be provided for a period of no less than 12 months from the date of approval of the financial statements.”
Significant events
- “In April 2022, the Company issued two tranches of guaranteed bond totalling USD 1,000,000,000 to refinance the EUR 700,000,000 bond that expired in January 2022. The issue included a USD 650,000,000 tranche with 3-year maturity and a USD 350,000,000 green bond with 7-year maturity.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FLANTON COMPANY SECRETARIES LTD | Corporate Secretary | 2020-05-15 | — | — |
| WANG, Ying | Director | 2017-10-30 | Oct 1964 | Chinese |
| YU, Lei | Director | 2024-11-08 | Jun 1973 | Chinese |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EMETULU, Lola | Secretary | 2020-03-01 | 2020-05-15 |
| JORDAN COMPANY SECRETARIES LIMITED | Corporate Secretary | 2014-11-20 | 2017-10-20 |
| LONDON REGISTRARS LTD | Corporate Secretary | 2017-10-20 | 2020-02-29 |
| JIANG, Xiaojun | Director | 2014-11-20 | 2017-10-30 |
| LI, Haixiang | Director | 2019-12-05 | 2021-03-31 |
| LI, Hong | Director | 2014-11-20 | 2017-10-30 |
| YU, Jun | Director | 2021-03-31 | 2024-11-08 |
| YUHAI, Hu | Director | 2016-01-08 | 2019-12-05 |
| ZHU, Guangchao | Director | 2014-11-20 | 2016-01-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| State Grid Europe Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 53 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-19 | AA | accounts | Accounts with accounts type full | |
| 2024-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-24 | AA | accounts | Accounts with accounts type full | |
| 2023-10-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-16 | AA | accounts | Accounts with accounts type full | |
| 2022-11-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-07-22 | AA | accounts | Accounts with accounts type full | |
| 2021-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-28 | AA | accounts | Accounts with accounts type full | |
| 2021-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2021-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2020-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-18 | AA | accounts | Accounts with accounts type full | |
| 2020-06-11 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2020-05-16 | TM02 | officers | Termination secretary company with name termination date | |
| 2020-03-06 | AP03 | officers | Appoint person secretary company with name date | |
| 2020-03-02 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
—
Not reported
-
Cash
+4.5%
£50,662 £52,927
-
Net assets
+4.5%
£49,816 £52,040
-
Employees
—
Not reported
-
Profit before tax
+166.5%
£834 £2,223
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