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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2027-03-07 (in 10mo)

Last made up 2026-02-21

Watchouts

None on the register

Cash

£9M

+611% vs 2024

Net assets

£500K

0% vs 2024

Employees

0

Average over period

Profit before tax

£0

Period ending 2025-03-31

Accounts

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

Metric Trend 2024-03-312025-03-31
Turnover £17,200£17,100
Operating profit £0£0
Profit before tax £0£0
Net profit £0£0
Cash £1,228,400£8,734,200
Total assets less current liabilities
Net assets £500,000£500,000
Equity £500,000£500,000
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 0.0%0.0%
Net margin 0.0%0.0%

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
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have assessed that the Company has adequate resources to meet its liabilities as they fall due for the period to 31 August 2026. These financial statements have therefore been prepared on a going concern basis. In reaching their conclusion, the directors have approved cashflow forecasts covering the going concern period to 31 August 2026. The directors have considered the Company's funding relationship with NGET and SSEN Transmission and have no reason to believe that NGET and SSEN Transmission will not continue to fulfil their commitments under the Shareholders Agreement, which specifically states that they are responsible for the funding of the Company.”

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

People

8 active · 3 resigned

Name Role Appointed Born Nationality
WARD, Corinne Secretary 2024-02-05
ALKIRWI, Mazin Salah Director 2023-02-22 Jun 1984 British
FERGUSON, Michael George Director 2023-02-22 Mar 1977 British
MACTAGGART, Alexander John Lorne Director 2023-02-22 Sep 1966 British
MCDONALD, Robert Director 2024-02-05 Nov 1971 British
RICHARDSON, Zachary John Director 2023-06-06 Jul 1971 British
TROWELL, Carl Geoffrey Director 2024-07-01 Feb 1969 British
WILLIAMS, Thomas Edmund Director 2023-06-06 Nov 1986 British
Show 3 resigned officers
Name Role Appointed Resigned
ROXBURGH, Annette Hughes Secretary 2023-06-06 2024-02-05
BENNETT, Christopher Paul Director 2023-06-06 2024-06-30
TAYLOR, Julie Anne Director 2024-07-01 2026-01-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
National Grid Electricity Transmission Plc Corporate entity Shares 25–50%, Voting 25–50% 2023-06-06 Active
Scottish Hydro Electric Transmission Plc Corporate entity Shares 25–50%, Voting 25–50% 2023-02-22 Active

Filing timeline

Last 20 of 28 total filings

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

  • 2024-06-18 MA Memorandum articles
  • 2024-06-11 RESOLUTIONS Resolution
  • 2023-06-17 MA Memorandum articles
Date Type Category Description
2026-02-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-02-26 TM01 officers Termination director company with name termination date PDF
2026-01-22 CH01 officers Change person director company with change date PDF
2025-08-27 AA accounts Accounts with accounts type full
2025-03-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-11-04 AA accounts Accounts with accounts type full
2024-07-09 AP01 officers Appoint person director company with name date PDF
2024-07-08 AP01 officers Appoint person director company with name date PDF
2024-07-08 TM01 officers Termination director company with name termination date PDF
2024-06-18 MA incorporation Memorandum articles
2024-06-11 AP01 officers Appoint person director company with name date PDF
2024-06-11 RESOLUTIONS resolution Resolution
2024-03-13 CS01 confirmation-statement Confirmation statement with updates PDF
2024-03-13 TM02 officers Termination secretary company with name termination date PDF
2024-03-13 AP03 officers Appoint person secretary company with name date PDF
2023-06-27 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-06-27 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2023-06-22 SH01 capital Capital allotment shares PDF
2023-06-17 SH08 capital Capital name of class of shares
2023-06-17 MA incorporation Memorandum articles

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
0

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.

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