NORTHERN IRELAND ELECTRICITY NETWORKS LIMITED

Company TypePrivate Limited
Company NumberNI026041
Incorporated1991-10-25
IndustryTransmission of electricity
Websitewww.nie.co.uk
Phone Number0345 764 3643

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Summary

NORTHERN IRELAND ELECTRICITY NETWORKS LIMITED was formed on the 25th October 1991 (filed on the 15th March 2017) , and are based in County Antrim, 120 Malone Road. They are currently rated B and are considered to represent a below average risk score. Their credit score was last updated on 12th May 2017 when it was downgraded to the current B from A. Companies house classifies them as Group. This information was last updated on the 14th December 2017.

In 2016, they made a post-tax profit of £45,500,000 on a turnover of £246,800,000 (down 9% from 2015) .

There is 1 major shareholder listed for NORTHERN IRELAND ELECTRICITY NETWORKS LIMITED with Esbni Limited owning the most shares by value.

Addresses

Registered address

120 Malone Road
Belfast
BT9 5HT

Trading addresses

120 Malone Road
Belfast
County Antrim
BT9 5HT
4 Carn Industrial Area
Portadown
Craigavon
County Armagh
BT63 5QJ
PO Box 317
Newcastle upon Tyne
Tyne and Wear
NE12 2EX
2 more trading addresses not shown.

Financials

31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Cash £9,300,000 £17,700,000 £23,700,000 £31,800,000 £38,600,000
Tangible net worth £269,600,000 £281,500,000 £235,100,000 £235,300,000 £162,800,000
Current liabilities £188,800,000 £160,700,000 £130,800,000 £133,500,000 £137,300,000
Current assets £97,200,000 £97,300,000 £92,600,000 £104,300,000 £107,600,000
31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Solvency ratios
Current ratio 0.51 0.61 0.71 0.78 0.78
Efficiency ratios
Return on assets 0.02 0.02 0.02 0.04 0.03
Return on capital employed 0.02 0.03 0.03 0.04 0.03
Gearing ratios
Debt to equity ratio 54.64 46.94 46.57 42.13 43.11
Equity ratio 0.02 0.02 0.02 0.02 0.02
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover 1.35 1.22 0.49 1.87 1.92

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Documents

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