NATIONAL GRID ELECTRICITY DISTRIBUTION PLC

Active
Company number 09223384Public limited companyIncorporated 2014

Key figures

£8,086,700,000+7.6%
Net assets 2025/26
+7.6%
Average annual growth 2024/25–2025/26
02.5 bn5 bn7.5 bn10 bn2024/252025/26

† NATIONAL GRID ELECTRICITY DISTRIBUTION PLC filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2025/26

Sector comparison

SIC 35130

Where the company stands among the 888 active companies whose first SIC code is 35130 (Distribution of electricity).

Turnover£1,986,600,000
Higher than 93% · median £7,953,000 among 55 that publish turnover
Net assets£8,086,700,000
Higher than 99% · median £12,109
Total assets£21,368,300,000
Higher than 99% · median £92,928
Cash£3,600,000
Higher than 92% · median £30,000
Company age12.1 years
Older than 75% · median 5.8 years
Largest in this sector by net assets
  1. NATIONAL GRID ELECTRICITY DISTRIBUTION PLC£8.1bn
  2. NATIONAL GRID ELECTRICITY DISTRIBUTION (WEST MIDLANDS) PLC£2.5bn
  3. NATIONAL GRID ELECTRICITY DISTRIBUTION (EAST MIDLANDS) PLC£2.2bn
  4. EASTERN POWER NETWORKS PLC£2.1bn
  5. LONDON POWER NETWORKS PLC£1.7bn
  6. NATIONAL GRID ELECTRICITY DISTRIBUTION (SOUTH WEST) PLC£1.6bn
  7. SOUTH EASTERN POWER NETWORKS PLC£1.5bn
  8. SOUTHERN ELECTRIC POWER DISTRIBUTION PLC£1.5bn
  9. ELECTRICITY NORTH WEST LIMITED£1.3bn
  10. NATIONAL GRID ELECTRICITY DISTRIBUTION (SOUTH WALES) PLC£986.6m

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 888. The line on each bar marks the median.

Summary: NATIONAL GRID ELECTRICITY DISTRIBUTION PLC

What kind of company is it?

NATIONAL GRID ELECTRICITY DISTRIBUTION PLC is a public limited company registered with Companies House under company number 09223384. It was incorporated on 17 Sep 2014. Its status is active. The registered office is in Bristol (BS2). Its nature of business (SIC 2007) is distribution of electricity (35130).

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 £1,986,600,000. Profit for the year was £584,600,000. Net assets were £8,086,700,000, up 7.6% on the previous year. Cash at bank and in hand was £3,600,000. Total assets were £21,368,300,000 and total liabilities £13,281,600,000. Figures are available for 2 financial years (2024/25–2025/26).

How does it compare with similar companies?

Compared with 888 active companies whose first SIC code is 35130: By turnover it ranks higher than 93% of the 55 that publish turnover (median £7,953,000). By net assets it ranks higher than 99% of them (median £12,109). By total assets it ranks higher than 99% of them (median £92,928). By cash it ranks higher than 92% of them (median £30,000). It is older than 75% of them (median age 5.8 years).

Does it supply the public sector?

The company is named as a supplier in 12 public contract award notices from 8 public sector buyers since 2017. Contracts awarded to it alone have a combined published value of £2.2m. Its most frequent buyer is Derby City Council (4 contracts). It is recorded as the recipient of 2 central government grants worth £14k, mainly from Department for Business, Energy and Industrial Strategy.

What do public registers and reports show?

Its gender pay gap report for 2021/22 shows median hourly pay for women 11% lower than for men. It has modern slavery statements on the government registry for 6 years.

Who runs and controls the company?

One person with significant control is registered.

When are its next filings due?

The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 6 Apr 2027.

Filed accounts2024/25–2025/26
2024/25 †2025/26 †
Turnover2,477,200,0001,986,600,000
Profit for the year935,400,000584,600,000
Cash at bank and in hand2,000,0003,600,000
Total assets20,155,300,00021,368,300,000
Total liabilities12,637,500,00013,281,600,000
Net assets / total equity7,517,800,0008,086,700,000

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.

Public contracts

12 contracts

NATIONAL GRID ELECTRICITY DISTRIBUTION PLC is named as a supplier in 12 public contract award notices from 8 public sector buyers since 2017. The 11 contracts awarded to it alone with a published value add up to £2.2m.

Contracts per year
Main buyers8
Derby City Council
4 contracts · £729.8k
Derbyshire County Council
2 contracts · £98.1k
NEPO
1 contract · £750k
Solihull Metropolitan Borough Council
1 contract · £280k
National Highways Limited
1 contract · £138.6k
Contracts
  1. SOL DNO Connection Services 2026Solihull Metropolitan Borough Council · £280,000 · runs until Oct 2030
  2. Bridport Depot Grid Connection‡National Highways Limited · £138,572 · runs until May 2027
  3. Homes England - Urgent repair to piping - Tattenhoe Park.Homes England · £135,996
  4. PLACE773H Non-contestable DNO Work in National Grid Electricity Distribution Network AreaDerbyshire County Council
  5. W531 - National Grid - Utility DiversionsDerby City Council · £305,372
Show 7 more
  1. Paignton and Preston Coastal Defence Scheme - Apparatus DiversionTorbay Council · £27,410
  2. ENQ938 - Diversion works to National Grid (Electric) equipment - Nottingham Road TCFDERBY CITY COUNCIL · £39,237
  3. ENQ940 - Diversion works to National Grid electric equipment - Derby road TCFDERBY CITY COUNCIL · £35,148
  4. TD2074 - Connections and disconnections to/from National Grid Electricity Distribution cablesDERBY CITY COUNCIL · £350,000
  5. CPU 6736 Thane Road - National Grid Phase 2 Diversion Works‡Nottingham City Council · £52,179
  6. ETE076 Non-contestable DNO work in Western Power Distribution network area‡Derbyshire County Council · £98,115
  7. NEPO303 Meter Operator (MOP) service‡NEPO · £750,000

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Government grants

2 grants

NATIONAL GRID ELECTRICITY DISTRIBUTION PLC is recorded as the recipient of 2 central government grants since 2022, together worth £14k.

Funders
Department for Business, Energy and Industrial Strategy
1 grant · £12.7k
Department for Science, Innovation and Technology
1 grant · £1,322
Grants
  1. NextGen Electrolysis Wastewater to Green HydrogenDepartment for Science, Innovation and Technology · £1,322 · UKRI - Innovate UK - Scheme
  2. ADVENT Advanced Data-driven Virtual Electricity Network TrackingDepartment for Business, Energy and Industrial Strategy · £12,703 · UKRI - ISCF - Scheme 22/23

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

Gender pay gap2021/22
Median hourly pay
women 11% lower
Mean hourly pay
women 8.3% lower
Median bonus pay
women 28.7% lower
Employer size
5000 to 19,999 employees
Lower pay quarter25.1% womenLower middle18.4% womenUpper middle9.5% womenUpper pay quarter14.2% women
Earlier years (4)
Year
Median hourly pay
Mean hourly pay
2020/21
women 11.8% lower
women 9.1% lower
2019/20
women 10.5% lower
women 8.7% lower
2018/19
women 9.6% lower
women 8.7% lower
2017/18
women 10.5% lower
women 9% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Modern slavery statements6
2026
Statement · summary on GOV.UK · group statement (NATIONAL GRID PLC)
2025
Statement · summary on GOV.UK · group statement (NATIONAL GRID PLC)
2024
Statement · summary on GOV.UK · group statement (NATIONAL GRID PLC)
Earlier years (3)
2023
Statement · summary on GOV.UK · group statement (NATIONAL GRID PLC)
2022
Statement · summary on GOV.UK · group statement (NATIONAL GRID PLC)
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

10 events
  1. Financial year 2025/26 endedAccounts: turnover £2bn, net assets £8.1bn
  2. Financial year 2024/25 endedAccounts: turnover £2.5bn, net assets £7.5bn
  3. Name changed to NATIONAL GRID ELECTRICITY DISTRIBUTION PLCPreviously WESTERN POWER DISTRIBUTION PLC
  4. National Grid Electricity Distribution Holdings Limited registered as a person with significant control
  5. Ppl Wpd Investments Limited ceased to be a person with significant control
  6. Ppl Wpd Investments Limited registered as a person with significant control
  7. Ppl Wpd Limited ceased to be a person with significant control
  8. Ppl Wpd Limited registered as a person with significant control
Earlier events (2)
  1. Name changed to WESTERN POWER DISTRIBUTION PLCPreviously PPL WPD 2 LIMITED
  2. Company incorporatedPublic limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.