ULUDAG POWER NETWORKS UK LIMITED - Profile & Financials

Accounts Submitted 2 May 2025

Confirmation Statement Submitted 19 Sept 2025

Net assets £286.68M £190.08M 2024 year on year

Total assets £340.25M £184.84M 2024 year on year

Total Liabilities £53.57M £5.23M 2024 year on year

Charges 1

1 outstanding

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Contact & Details

Contact

Update Details

Registered Address

C/O Alter Domus (Uk) Limited 10th Floor 30 St Mary Axe London EC3A 8BF United Kingdom

Credit Report

Discover ULUDAG POWER NETWORKS UK LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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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 (2021–2024)

Cash in Bank

£68.22k

Decreased by £205.55k (-75%)

Net Assets

£286.68M

Increased by £190.08M (+197%)

Total Liabilities

£53.57M

Decreased by £5.23M (-9%)

Turnover

N/A

Employees

N/A

Decreased by 4 (-100%)

Debt Ratio

16%

Decreased by 22 (-58%)

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 allotments and capital structure

2 Allotments 65,342,855 Shares £65.34m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
28 Mar 2022	ORDINARY	54,804,646	$54.80m	$1
25 Mar 2022	ORDINARY	10,538,209	$10.54m	$1

Officers

4 active 5 resigned

Show resigned officers

						Status
Alter Domus (uk) Limited	Corporate-secretary	United Kingdom	Unknown	—	14 Oct 2021	Active
Ellen Marie Dickinson	Director	British	United Kingdom	52	31 Jan 2025	Active
Jean Alain Cheung Shan Yuen	Director	British	England	51	10 Jan 2024	Active
Michael John De Bliquy	Director	South African	United Kingdom	46	2 Sept 2025	Active

Shareholders

Shareholders (1)


Actis Marmara Power Networks Mu Limited	100.0%	65,342,856	Ordinary	28 Sept 2022

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Actis Gp Llp

United Kingdom

Active

Notified 20 Sept 2021

Nature of Control

Significant Influence Or Control

See All Controllers

Group Structure

ACTIS GP LLP united kingdom voting rights 50 to 75 percent limited liability partnership, right to share surplus assets 50 to 75 percent limited liability partnership, appoint/remove members limited liability partnership

ACTIS NEW GP CO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

ACTIS LLP united kingdom

ULUDAG POWER NETWORKS UK LIMITED Current Company

Charges

1 outstanding

Documents

Company Filings

Date	Category	Description	Document
19 Sept 2025	Confirmation Statement	Confirmation statement made on 2025-09-19 with no updates	View(3 pages)
3 Sept 2025	Officers	Termination of Frederick Clive Rodgers as director on 2025-08-29	View(1 page)
3 Sept 2025	Officers	Appointment of Michael John De Bliquy as director on 2025-09-02	View(2 pages)
2 May 2025	Accounts	Annual accounts made up to 2024-12-31	View(30 pages)
5 Feb 2025	Officers	Appointment of Ellen Marie Dickinson as director on 2025-01-31	View(2 pages)