CompanyTrack
N

NATIONAL GRID (US) PARTNER 1 LIMITED

Active London

Other business support service activities n.e.c.

0 employees
Other business support service activities n.e.c.
N

NATIONAL GRID (US) PARTNER 1 LIMITED

Other business support service activities n.e.c.

Founded 31 Oct 2001 Active London, United Kingdom 0 employees
Other business support service activities n.e.c.
Accounts Submitted 14 Aug 2024
Confirmation Statement Submitted 12 Aug 2025
Net assets £9854.79M £285.74M 2023 year on year
Total assets £11736.67M £74.84M 2023 year on year
Total Liabilities £1881.88M £210.90M 2023 year on year
Charges None No charges registered

AI Analysis

AI Analysis

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Contact & Details

Registered Address

1-3 Strand London WC2N 5EH

Credit Report

Discover NATIONAL GRID (US) PARTNER 1 LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

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 (2014–2023)

Cash in Bank

£6.33k

Net Assets

£9854.79M

Decreased by £285.74M (-3%)

Total Liabilities

£1881.88M

Increased by £210.90M (+13%)

Turnover

£521.61k

Increased by £495.74k (+1916%)

Employees

N/A

Debt Ratio

16%

Increased by 2 (+14%)

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

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 365,683 Shares £1400.00m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
27 Mar 2014191,439$1000.00m$5k
22 Aug 2011174,244$400.00m$2k

Officers

Officers

4 active 31 resigned
Status
Andrew Kenneth MeadDirectorBritishEngland547 Dec 2015Active
David Anthony PrestonDirectorBritishUnited Kingdom5422 Mar 2013Active
Katie Suzanne HollisSecretaryUnknownUnknown6 Nov 2023Active
Rebecca Louise VassDirectorBritishUnited Kingdom481 Oct 2024Active

Shareholders

Shareholders (1)

National Grid (us) Investments 4 Limited
100.0%
4,798,6613 Aug 2017

Persons with Significant Control

Persons with Significant Control (1)

1 Active

National Grid (us) Investments 4 Limited

United Kingdom

Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Group Structure

Group Structure

NATIONAL GRID (US) INVESTMENTS 4 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
NATIONAL GRID (US) HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
NATIONAL GRID PLC united kingdom
NATIONAL GRID (US) PARTNER 1 LIMITED Current Company
NATGRID ONE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
NATIONAL GRID PARTNERS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
NATIONAL GRID TEN united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
NATIONAL GRID TWENTY THREE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
NGT TWO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

No charges registered

Documents

Company Filings

DateCategoryDescriptionDocument
10 Dec 2025OtherNotice of agreement to exemption from audit of accounts for period ending 31/03/25View(1 page)
10 Dec 2025OtherNotice of agreement to exemption from audit of accounts for period ending 31/03/25View(1 page)
10 Dec 2025OtherAudit exemption statement of guarantee by parent company for period ending 31/03/25View(3 pages)
12 Aug 2025Confirmation StatementConfirmation statement made on 2025-08-01 with no updatesView(3 pages)
14 Nov 2024OfficersTermination of Simon Warren Grant as director on 2024-10-31View(1 page)
10 Dec 2025 Other

Notice of agreement to exemption from audit of accounts for period ending 31/03/25

10 Dec 2025 Other

Notice of agreement to exemption from audit of accounts for period ending 31/03/25

10 Dec 2025 Other

Audit exemption statement of guarantee by parent company for period ending 31/03/25

12 Aug 2025 Confirmation Statement

Confirmation statement made on 2025-08-01 with no updates

14 Nov 2024 Officers

Termination of Simon Warren Grant as director on 2024-10-31

Recent Activity

Latest Activity

Notice of agreement to exemption from audit of accounts for period ending 31/03/25

2 months ago on 10 Dec 2025

Notice of agreement to exemption from audit of accounts for period ending 31/03/25

2 months ago on 10 Dec 2025

Audit exemption statement of guarantee by parent company for period ending 31/03/25

2 months ago on 10 Dec 2025

Confirmation statement made on 2025-08-01 with no updates

6 months ago on 12 Aug 2025

Termination of Simon Warren Grant as director on 2024-10-31

1 years ago on 14 Nov 2024