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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-07-07 (in 2mo)

Last made up 2025-06-23

Watchouts

None on the register

Cash

Latest balance sheet

Net assets

Equity attributable

Employees

0

Average over period

Profit before tax

£2M

+5.1% vs 2024

Name history

Renamed 2 times since incorporation

  1. CADENT SERVICES LIMITED 2017-05-02 → present
  2. GAS DISTRIBUTION PROPERTY HOLDINGS LIMITED 2016-05-17 → 2017-05-02
  3. NATIONAL GRID THIRTY EIGHT LIMITED 2016-03-23 → 2016-05-17

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £2,098,000£2,511,000
Operating profit £1,482,000£1,719,000
Profit before tax £1,428,000£1,501,000
Net profit £1,164,000£1,818,000
Cash
Total assets less current liabilities
Net assets
Equity £5,223,000£7,041,000
Average employees 00
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 2024-03-312025-03-31
Operating margin 70.6%68.5%
Net margin 55.5%72.4%
Interest cover 9.32x7.05x

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 received a letter of support from both the intermediate holding company and immediate parent company, Quadgas HoldCo Limited and Quadgas MidCo Limited, stating that it will not ask for the reimbursement or prepayment of loans granted to the company which would materially affect the company's financial capacity and be willing to give appropriate financial support to enable the company to meet its obligations as they fall due for a further 12 months from date the financial statements are signed.”

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

People

5 active · 15 resigned

Name Role Appointed Born Nationality
BENNETT, Diane Mary Secretary 2020-01-23
BARON, Gary Lee Director 2025-04-01 Jun 1981 British
BRAITHWAITE, Mark William Director 2018-11-28 Nov 1965 British
FIDLER, Eduard Benjamin Director 2024-09-25 Feb 1977 Canadian
HOLLAND-KAYE, William John Director 2026-02-01 Mar 1965 British
Show 15 resigned officers
Name Role Appointed Resigned
BARNES, Megan Secretary 2016-03-23 2016-09-08
COOPER, Mark Stuart Secretary 2017-03-31 2020-01-15
DAVIDSON, Rachael Jennifer Secretary 2016-09-08 2017-03-31
HOWITT, David Andrew Secretary 2016-11-23 2020-01-17
MORGAN, Alice Parker Secretary 2016-03-23 2017-03-31
AGG, Andrew Jonathan Director 2016-06-02 2017-03-31
BICKERSTAFF, Anthony Oliver Director 2022-02-07 2024-09-30
BRADLEY, Martin Director 2017-03-31 2018-11-28
BURNS, Clive Director 2016-03-23 2016-09-08
COOPER, Malcolm Charles Director 2016-06-02 2017-03-31
HURRELL, Stephen Glynn Director 2019-02-15 2021-12-23
KORPANCOVA, Jaroslava Director 2017-03-31 2022-08-31
MORGAN, Alice Parker Director 2016-03-23 2016-09-08
TRAIN, Christopher Director 2016-09-08 2019-02-15
WATERS, Christopher John Director 2017-11-22 2018-10-29

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Quadgas Midco Limited Corporate entity Shares 75–100%, Voting 75–100% 2017-05-11 Active
National Grid Holdings One Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2017-05-11

Filing timeline

Last 20 of 74 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-06-10 RESOLUTIONS Resolution
  • 2023-06-10 MA Memorandum articles
Date Type Category Description
2026-02-03 AP01 officers Appoint person director company with name date PDF
2025-07-22 AA accounts Accounts with accounts type full
2025-07-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-01 AP01 officers Appoint person director company with name date PDF
2025-03-06 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-10-03 AP01 officers Appoint person director company with name date PDF
2024-10-03 TM01 officers Termination director company with name termination date PDF
2024-07-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-29 AA accounts Accounts with accounts type full
2023-07-08 AA accounts Accounts with accounts type full
2023-06-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-10 RESOLUTIONS resolution Resolution
2023-06-10 MA incorporation Memorandum articles
2022-11-08 CH01 officers Change person director company with change date PDF
2022-09-02 TM01 officers Termination director company with name termination date PDF
2022-08-08 AA accounts Accounts with accounts type full
2022-06-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-04-08 AD02 address Change sail address company with old address new address PDF
2022-04-06 CH01 officers Change person director company with change date PDF
2022-02-09 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
0

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

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

Official Companies House page