CompanyTrack
Q

QUADGAS MIDCO LIMITED

Active Coventry

Other business support service activities n.e.c.

6,361 employees Website
Property, infrastructure and construction Civil engineering & infrastructure Other business support service activities n.e.c.
Q

QUADGAS MIDCO LIMITED

Other business support service activities n.e.c.

Founded 13 Feb 2017 Active Coventry, England 6,361 employees cadentgas.com
Property, infrastructure and construction Civil engineering & infrastructure Other business support service activities n.e.c.
Accounts Submitted 22 Jul 2025
Confirmation Statement Submitted 1 Jul 2025
Net assets £3190.00M £200.00M 2024 year on year
Total assets £18420.00M £7.00M 2024 year on year
Total Liabilities £15230.00M £207.00M 2024 year on year
Charges 1
1 outstanding

AI Analysis

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Contact & Details

Registered Address

Cadent, Pilot Way Ansty Coventry CV7 9JU England

Office (Hitchin)

Cadwell Ln, Hitchin SG4 0SL

Credit Report

Discover QUADGAS MIDCO LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2016–2024)

Cash in Bank

£21.00M

Decreased by £9.00M (-30%)

Net Assets

£3190.00M

Decreased by £200.00M (-6%)

Total Liabilities

£15230.00M

Increased by £207.00M (+1%)

Turnover

£2172.00M

Decreased by £105.00M (-5%)

Employees

6361

Increased by 146 (+2%)

Debt Ratio

83%

Increased by 1 (+1%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
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 354,263,562 Shares £62751335864.68m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
22 Nov 2017177,131,781£31375667932.34m£177.13m
22 Nov 2017177,131,781£31375667932.34m£177.13m

Officers

Officers

16 active 28 resigned
Status
Adrian Alastair MontagueDirectorBritishEngland7822 Nov 2017Active
Alistair Graham RayDirectorBritishEngland5119 Jul 2023Active
Arturo CartaDirectorItalianQatar5222 May 2025Active
David Jinlin XieDirectorAmericanUnited States4822 May 2017Active
Desmond Luis WilkinsDirectorBritishEngland4131 Aug 2021Active
Deven Arvind KarnikDirectorBritishQatar5831 Mar 2017Active
Diane Mary BennettSecretaryUnknownUnknown23 Jan 2020Active
Eduard Benjamin FidlerDirectorCanadianEngland4929 Nov 2018Active

Shareholders

Shareholders (1)

Quadgas Pledgeco Limited
100.0%
5,105,581,7813 Jul 2018

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Quadgas Pledgeco Limited

United Kingdom

Active
Notified 13 Feb 2017
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

QUADGAS PLEDGECO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
QUADGAS HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
QUADGAS INVESTMENTS BIDCO LIMITED united kingdom shares 75 to 100 percent, shares 75 to 100 percent as firm, voting rights 75 to 100 percent, voting rights 75 to 100 percent as firm
MACQUARIE INFRASTRUCTURE AND REAL ASSETS (EUROPE) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
QUADGAS MIDCO LIMITED Current Company
CADENT GAS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
CADENT SERVICES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
QUADGAS FINANCE PLC united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

1 outstanding

Documents

Company Filings

DateCategoryDescriptionDocument
7 Nov 2025OfficersTermination of Mark William Braithwaite as director on 2025-10-31View(1 page)
4 Nov 2025OfficersAppointment of Ms Sara Murtadha Jaffar Sulaiman as director on 2025-10-31View(2 pages)
22 Jul 2025AccountsAnnual accounts made up to 2025-03-31View(152 pages)
1 Jul 2025Confirmation StatementConfirmation statement made on 2025-06-23 with no updatesView(3 pages)
11 Jun 2025OfficersAppointment of Arturo Carta as director on 2025-05-22View(2 pages)
7 Nov 2025 Officers

Termination of Mark William Braithwaite as director on 2025-10-31

4 Nov 2025 Officers

Appointment of Ms Sara Murtadha Jaffar Sulaiman as director on 2025-10-31

22 Jul 2025 Accounts

Annual accounts made up to 2025-03-31

1 Jul 2025 Confirmation Statement

Confirmation statement made on 2025-06-23 with no updates

11 Jun 2025 Officers

Appointment of Arturo Carta as director on 2025-05-22

Recent Activity

Latest Activity

Termination of Mark William Braithwaite as director on 2025-10-31

3 months ago on 7 Nov 2025

Appointment of Ms Sara Murtadha Jaffar Sulaiman as director on 2025-10-31

3 months ago on 4 Nov 2025

Annual accounts made up to 2025-03-31

6 months ago on 22 Jul 2025

Confirmation statement made on 2025-06-23 with no updates

7 months ago on 1 Jul 2025

Appointment of Arturo Carta as director on 2025-05-22

8 months ago on 11 Jun 2025