PENNON GROUP PLC

Active
Company number 02366640Public limited companyIncorporated 1989

Key figures

£1,411,600,000-2.7%
Net assets 2025/26
-13.9%
Average annual change 2020/21–2025/26
01 bn2 bn3 bn2020/212021/222022/232023/242024/252025/26

PENNON GROUP PLC files its accounts at Companies House on paper. The figures here are for the whole group, taken from its annual financial report in the structured ESEF format (published on the FCA National Storage Mechanism, collected by filings.xbrl.org).

Ratios

2025/26

Sector comparison

SIC 70100

Where the company stands among the 25,710 active companies whose first SIC code is 70100 (Activities of head offices).

Turnover£1,291,400,000
Higher than 95% · median £16,967,000 among 2,112 that publish turnover
Net assets£1,411,600,000
Higher than 98% · median £388,830
Total assets£7,480,000,000
Higher than 99% · median £1,308,696
Cash£332,700,000
Higher than 99% · median £49,040
Company age37.6 years
Older than 89% · median 16.6 years
Largest in this sector by net assets
  1. NSG HOLDING (EUROPE) LIMITED£335.6bn
  2. BRITISH AMERICAN TOBACCO (2012) LIMITED£68.8bn
  3. ASTRAZENECA TREASURY LIMITED£48.3bn
  4. BRITISH AMERICAN TOBACCO P.L.C.£48.1bn
  5. ASTRAZENECA UK LIMITED£42.3bn
  6. NATIONAL GRID PLC£39.3bn
  7. RIO TINTO INTERNATIONAL HOLDINGS LIMITED£39.2bn
  8. BRITISH AMERICAN TOBACCO (1998) LIMITED£34.1bn
  9. GLAXOSMITHKLINE HOLDINGS LIMITED£25.2bn
  10. BRITISH-AMERICAN TOBACCO (HOLDINGS) LIMITED£24.7bn

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 25,710. The line on each bar marks the median.

Summary: PENNON GROUP PLC

What kind of company is it?

PENNON GROUP PLC is a public limited company registered with Companies House under company number 02366640. It was incorporated on 1 Apr 1989. Its status is active. The registered office is in Exeter (EX2). Its nature of business (SIC 2007) is activities of head offices (70100).

How is the company doing financially?

The latest accounts in the database are for 2025/26 (period ending 31 Mar 2026); the company files group accounts. Turnover was £1,291,400,000. Profit for the year was £92,600,000. Net assets were £1,411,600,000, down 2.7% on the previous year. Cash at bank and in hand was £332,700,000. Total assets were £7,480,000,000 and total liabilities £6,068,400,000. Figures are available for 6 financial years (2020/21–2025/26).

How does it compare with similar companies?

Compared with 25,710 active companies whose first SIC code is 70100: By turnover it ranks higher than 95% of the 2,112 that publish turnover (median £16,967,000). By net assets it ranks higher than 98% of them (median £388,830). By total assets it ranks higher than 99% of them (median £1,308,696). By cash it ranks higher than 99% of them (median £49,040). It is older than 89% of them (median age 16.6 years).

Has it received government grants?

It is recorded as the recipient of 3 central government grants worth £305k, mainly from Department for Work and Pensions.

What do public registers and reports show?

It has modern slavery statements on the government registry for 4 years.

When are its next filings due?

The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 2 Nov 2027.

Dividends

from the accounts
2025/26

Dividends paid in the financial year: £133,700,000 (144% of the profit for the year).

History
2025/26£133,700,000
2024/25£126,900,000
2023/24£111,700,000
2022/23£101,600,000
2021/22£1,590,300,000
2020/21£184,300,000
Filed accounts2020/21–2025/26
2021/222022/232023/242024/252025/26
Turnover792,300,000797,200,000907,800,0001,047,800,0001,291,400,000
Profit for the year15,600,000400,000-8,500,000-56,800,00092,600,000
Cash at bank and in hand351,200,000143,700,000145,400,000417,900,000332,700,000
Total assets5,331,700,0005,185,500,0006,231,100,0007,047,600,0007,480,000,000
Total liabilities4,057,100,0004,060,300,0005,068,500,0005,596,900,0006,068,400,000
Net assets / total equity1,274,600,0001,125,200,0001,162,600,0001,450,700,0001,411,600,000
Dividends paid1,590,300,000101,600,000111,700,000126,900,000133,700,000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Government grants

3 grants

PENNON GROUP PLC is recorded as the recipient of 3 central government grants since 2020, together worth £305k.

Funders
Department for Work and Pensions
2 grants · £303k
Department for Education
1 grant · £2,000
Grants
  1. PENNON GROUP PLCDepartment for Work and Pensions · £31,791 · Kickstart Scheme
  2. PENNON GROUP PLCDepartment for Work and Pensions · £271,175 · Kickstart Scheme
  3. Apprenticeships Participation 18+Department for Education · £2,000

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Statutory reporting

Modern slavery statements4
2023
Statement · summary on GOV.UK · group statement
2022
Statement · summary on GOV.UK · group statement
2021
Statement · summary on GOV.UK · group statement
Earlier years (1)
2020
Statement · summary on GOV.UK · group statement

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

History

7 events
  1. Financial year 2025/26 endedAccounts: turnover £1.3bn, net assets £1.4bn
  2. Financial year 2024/25 endedAccounts: turnover £1bn, net assets £1.5bn
  3. Financial year 2023/24 endedAccounts: turnover £907.8m, net assets £1.2bn
  4. Financial year 2022/23 endedAccounts: turnover £797.2m, net assets £1.1bn
  5. Financial year 2021/22 endedAccounts: turnover £792.3m, net assets £1.3bn
  6. Financial year 2020/21 endedAccounts: turnover £624.1m, net assets £3bn
  7. Company incorporatedPublic limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.