SSE HEAT NETWORKS LIMITED - Profile & Financials

Accounts Submitted 10 Jan 2025

Confirmation Statement Submitted 14 Feb 2025

Net assets £-15.34M £4.07M 2023 year on year

Total assets £45.81M £3.25M 2023 year on year

Total Liabilities £61.15M £7.32M 2023 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

Inveralmond House 200 Dunkeld Road Perth Perthshire PH1 3AQ

Office (Gravesend)

The White House Imperial Business and Retail Park, Clifton Marine Parade, Gravesend DA11 0DY

Telephone

0345 072 9529

b2b.meter.readings@sse.com

Website

sseenergysolutions.co.uk

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

£77.00k

Increased by £50.00k (+185%)

Net Assets

-£15.34M

Decreased by £4.07M (-36%)

Total Liabilities

£61.15M

Increased by £7.32M (+14%)

Turnover

£34.08M

Increased by £227.00k (+1%)

Employees

Decreased by 2 (-15%)

Debt Ratio

133%

Increased by 7 (+6%)

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

3 active 17 resigned

Show resigned officers

						Status
Graham Atkinson	Secretary	Unknown	Unknown	—	4 Apr 2023	Active
Nathan Sanders	Director	British	England	53	27 Apr 2010	Active
Scott Keelor Anderson	Director	British	United Kingdom	55	26 Oct 2020	Active

Shareholders

Shareholders (1)


Sse Plc	100.0%	1	Ordinary	17 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

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Group Structure

SSE PLC united kingdom

SSE HEAT NETWORKS LIMITED Current Company

SSE HEAT NETWORKS (BATTERSEA) 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
14 Feb 2025	Confirmation Statement	Confirmation statement made on 2025-02-01 with no updates	View(3 pages)
10 Jan 2025	Accounts	Annual accounts made up to 2024-03-31	View(31 pages)
9 Feb 2024	Confirmation Statement	Confirmation statement made on 2024-02-01 with no updates	View(3 pages)
10 Jan 2024	Accounts	Annual accounts made up to 2023-03-31	View(28 pages)
5 Apr 2023	Officers	Termination of Mohammed Shehzad Khalid as director on 2023-04-04	View(1 page)