MEDWAY POWER LIMITED - Profile & Financials

Accounts Submitted 7 Nov 2025

Confirmation Statement Submitted 13 Oct 2025

Net assets £108.70M £42.70M 2023 year on year

Total assets £189.40M £28.70M 2023 year on year

Total Liabilities £80.70M £14.00M 2023 year on year

Charges 11

11 satisfied

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Contact & Details

Contact

Update Details

Registered Address

No.1 Forbury Place 43 Forbury Road Reading RG1 3JH United Kingdom

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2013–2023)

Cash in Bank

N/A

Net Assets

£108.70M

Decreased by £42.70M (-28%)

Total Liabilities

£80.70M

Increased by £14.00M (+21%)

Turnover

£471.10M

Increased by £31.70M (+7%)

Employees

N/A

Debt Ratio

43%

Increased by 12 (+39%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

10 active 59 resigned

Show resigned officers

						Status
Adrian Marc James Rudd	Director	British	England	54	11 Nov 2019	Active
Charles Cryans	Director	British	United Kingdom	62	18 Jan 2022	Active
Colin Charles Swan	Secretary	Unknown	Unknown	—	7 Jul 2023	Active
Finlay Alexander Mccutcheon	Director	British	Scotland	48	6 Jul 2024	Active
John Johnson	Director	Irish	Ireland	49	11 Nov 2019	Active
Kelly De Azevedo Dent	Director	British	England	54	4 Nov 2025	Active
Mandy Mackay	Director	British	Scotland	50	17 May 2022	Active
Mark Richard Hayward	Director	British	England	62	7 May 2010	Active

Shareholders

Shareholders (2)


Sse Thermal Generation Holdings Limited	100.0%	10,000	Ordinary 10p	9 Nov 2021
Sse Generation Limited	0.0%	0	Ordinary 10p	9 Nov 2021

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Sse Thermal Generation Holdings Limited

United Kingdom

Active

Notified 12 May 2021

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Sse Generation Limited

Ceased 12 May 2021

Ceased

See All Controllers

Group Structure

SSE THERMAL GENERATION HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SSE THERMAL ENERGY HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SSE PLC united kingdom

MEDWAY POWER LIMITED Current Company

Charges

11 satisfied

Documents

Company Filings

Date	Category	Description	Document
17 Nov 2025	Officers	Termination of Zahida Zakir as director on 2025-11-11	View(1 page)
7 Nov 2025	Accounts	Annual accounts made up to 2025-03-31	View(34 pages)
4 Nov 2025	Officers	Appointment of Kelly De Azevedo Dent as director on 2025-11-04	View(2 pages)
13 Oct 2025	Confirmation Statement	Confirmation statement made on 2025-10-13 with no updates	View(3 pages)
2 May 2025	Officers	Termination of Ann Miriam Georgina Gray as director on 2025-04-17	View(1 page)