SCOTTISHPOWER ENERGY RETAIL LIMITED

Accounts Submitted 6 Oct 2025

Confirmation Statement Submitted 10 Mar 2025

Net assets £-54.20M £434.20M 2023 year on year

Total assets £1931.90M £415.80M 2023 year on year

Total Liabilities £1986.10M £850.00M 2023 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

320 St. Vincent Street Glasgow G2 5AD Scotland

Office (Glasgow)

Aspect House, Technology Ave, Blantyre, Glasgow G72 0HT

Telephone

0800 027 0072

enquiries@energypeopletrust.co.uk

Website

scottishpower.com

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

£3.30M

Decreased by £3.90M (-54%)

Net Assets

-£54.20M

Increased by £434.20M (+89%)

Total Liabilities

£1986.10M

Decreased by £850.00M (-30%)

Turnover

£7610.60M

Increased by £7243.70M (+1974%)

Employees

925

Decreased by 232 (-20%)

Debt Ratio

103%

Decreased by 18 (-15%)

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

£1138.6m awarded

Show:

Investors (0)

No investor information available

Officers

3 active 21 resigned

Show resigned officers

						Status
Andrew Michael Ward	Director	British	Scotland	51	12 Feb 2020	Active
John Reid	Secretary	Unknown	Unknown	—	23 Sept 2024	Active
Valerie Margaret Sim	Director	British	Scotland	56	27 Apr 2017	Active

Shareholders

Shareholders (1)


Scottish Power Retail Holdings Limited	100.0%	55,407,000	Ordinary	5 Mar 2019

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Scottish Power Retail Holdings 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

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Group Structure

SCOTTISH POWER RETAIL 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

SCOTTISHPOWER ENERGY RETAIL LIMITED Current Company

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
6 Oct 2025	Accounts	Annual accounts made up to 2024-12-31	View(41 pages)
10 Mar 2025	Confirmation Statement	Confirmation statement made on 2025-03-08 with no updates	View(3 pages)
24 Sept 2024	Officers	Appointment of John Reid as director on 2024-09-23	View(2 pages)
23 Sept 2024	Officers	Termination of Alistair Orr as director on 2024-09-22	View(1 page)
25 Jun 2024	Accounts	Annual accounts made up to 2023-12-31	View(45 pages)