NORTH WEST ELECTRICITY NETWORKS (FINANCE) LIMITED

Accounts Submitted 10 Nov 2025

Confirmation Statement Submitted 14 Oct 2025

Net assets £307.90M £50.40M 2023 year on year

Total assets £4470.50M £117.40M 2023 year on year

Total Liabilities £4162.60M £167.80M 2023 year on year

Charges 3

1 outstanding 2 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Electricity North West Borron Street Stockport SK1 2JD England

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 (2014–2023)

Cash in Bank

£192.20M

Decreased by £299.70M (-61%)

Net Assets

£307.90M

Increased by £50.40M (+20%)

Total Liabilities

£4162.60M

Decreased by £167.80M (-4%)

Turnover

£589.90M

Increased by £3.50M (+1%)

Employees

2103

Increased by 61 (+3%)

Debt Ratio

93%

Decreased by 1 (-1%)

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

4 active 32 resigned

Show resigned officers

						Status
Andrew Black	Secretary	Unknown	Unknown	—	7 Jul 2025	Active
Charles Edward Joseph Langan	Director	British	Scotland	48	21 Mar 2025	Active
Christopher Ian Johns	Director	British	United Kingdom	55	25 May 2023	Active
Stephanie Trubshaw	Director	British	England	50	28 Jul 2025	Active

Shareholders

Shareholders (1)


North West Electricity Networks (uk) Limited	100.0%	3,050,000	Ordinary	11 Oct 2016

Persons with Significant Control

Persons with Significant Control (1)

1 Active

North West Electricity Networks (uk) Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent

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Group Structure

NORTH WEST ELECTRICITY NETWORKS (UK) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

NORTH WEST ELECTRICITY NETWORKS (JERSEY) LIMITED united kingdom

SCOTTISH POWER ENERGY NETWORKS HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SCOTTISH POWER UK PLC united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SCOTTISH POWER LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SPW INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

IBERDROLA SA spain

NORTH WEST ELECTRICITY NETWORKS (FINANCE) LIMITED Current Company

NORTH WEST ELECTRICITY NETWORKS (HOLDINGS) LIMITED united kingdom shares 75 to 100 percent

Charges

1 outstanding 2 satisfied

Documents

Company Filings

Date	Category	Description	Document
10 Nov 2025	Other	Audit exemption statement of guarantee by parent company for period ending 31/03/25	View(3 pages)
10 Nov 2025	Other	Notice of agreement to exemption from audit of accounts for period ending 31/03/25	View(1 page)
10 Nov 2025	Accounts	Annual accounts made up to 2025-03-31	View(24 pages)
14 Oct 2025	Confirmation Statement	Confirmation statement made on 2025-10-11 with no updates	View(3 pages)
8 Oct 2025	Accounts	Annual accounts made up to 2026-03-31	View(1 page)