SSE UTILITY SOLUTIONS LIMITED - Profile & Financials

Accounts Submitted 20 Feb 2025

Confirmation Statement Submitted 13 Feb 2025

Net assets £23.11M £68.94M 2023 year on year

Total assets £123.69M £8.86M 2023 year on year

Total Liabilities £100.58M £77.80M 2023 year on year

Charges None No charges registered

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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

Decreased by £1.00k (-100%)

Net Assets

£23.11M

Increased by £68.94M (+150%)

Total Liabilities

£100.58M

Decreased by £77.80M (-44%)

Turnover

£28.61M

Decreased by £6.00M (-17%)

Employees

464

Increased by 64 (+16%)

Debt Ratio

81%

Decreased by 54 (-40%)

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

£1.7m awarded

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Investors (0)

No investor information available

Officers

3 active 14 resigned

Show resigned officers

						Status
Graham Atkinson	Secretary	Unknown	Unknown	—	4 Apr 2023	Active
Nathan Sanders	Director	British	England	53	2 Apr 2010	Active
Scott Keelor Anderson	Director	British	United Kingdom	55	26 Oct 2020	Active

Shareholders

Shareholders (1)


Sse Plc	100.0%	1	Ordinary	22 Jun 2016

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Sse Plc

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

See All Controllers

Group Structure

SSE PLC united kingdom

SSE UTILITY SOLUTIONS LIMITED Current Company

SOURCE EV LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

SSE BTM HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SSE DE SOLAR HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SSE DIGITAL SERVICES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SSE HV ELECTRICITY ASSETS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SSE IMPERIAL PARK PN LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SSE PRIVATE NETWORKS HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
20 Feb 2025	Accounts	Annual accounts made up to 2024-03-31	View(33 pages)
13 Feb 2025	Confirmation Statement	Confirmation statement made on 2025-02-01 with no updates	View(3 pages)
9 Feb 2024	Confirmation Statement	Confirmation statement made on 2024-02-01 with no updates	View(3 pages)
11 Jan 2024	Accounts	Annual accounts made up to 2023-03-31	View(36 pages)
5 Apr 2023	Officers	Termination of Mohammed Shehzad Khalid as director on 2023-04-04	View(1 page)