SSE HEAT NETWORKS LIMITED

Active
Company number SC303682Private limited companyIncorporated 2006

Key figures

−£21,416,000-30.0%
Net assets 2024/25
-30 m-20 m-10 m02023/242024/25

† SSE HEAT NETWORKS LIMITED 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

2024/25

Sector comparison

SIC 35110

Where the company stands among the 10,500 active companies whose first SIC code is 35110 (Production of electricity).

Turnover£25,511,000
Higher than 93% · median £1,257,331 among 1,579 that publish turnover
Net assets−£21,416,000
Lower than 99% · median £26,000
Total assets£112,226,000
Higher than 96% · median £774,149
Cash£88,000
Higher than 50% · median £85,066
Employees13
Higher than 96% · median 0
Company age20.4 years
Older than 95% · median 8.5 years
Largest in this sector by net assets
  1. ORSTED POWER (UK) LIMITED£5.7bn
  2. EDF ENERGY NUCLEAR GENERATION LIMITED£4.1bn
  3. CENTRICA PLC£3.5bn
  4. EDF ENERGY LIMITED£2.5bn
  5. DRAX POWER LIMITED£2.4bn
  6. RWE GENERATION UK PLC£2.1bn
  7. RWE RENEWABLES UK SWINDON LIMITED£1.7bn
  8. VATTENFALL WIND POWER LTD£1.7bn
  9. LIGHTSOURCE TITAN LIMITED£1.5bn
  10. EDF ENERGY NUCLEAR GENERATION GROUP LIMITED£993m

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 10,500. The line on each bar marks the median.

Summary: SSE HEAT NETWORKS LIMITED

What kind of company is it?

SSE HEAT NETWORKS LIMITED is a private limited company registered with Companies House under company number SC303682. It was incorporated on 9 Jun 2006. Its status is active. The registered office is in Perth (PH1). Its nature of business (SIC 2007) is production of electricity (35110), distribution of electricity (35130), steam and air conditioning supply (35300).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files full accounts. Turnover was £25,511,000. Loss for the year was £4,938,000. Net assets were −£21,416,000, down 30% on the previous year. Cash at bank and in hand was £88,000. Total assets were £112,226,000 and total liabilities £129,320,000. The company had an average of 13 employees. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 10,500 active companies whose first SIC code is 35110: By turnover it ranks higher than 93% of the 1,579 that publish turnover (median £1,257,331). By net assets it ranks lower than 99% of them (median £26,000). By total assets it ranks higher than 96% of them (median £774,149). By cash it ranks higher than 50% of them (median £85,066). By number of employees it ranks higher than 96% of them (median 0). It is older than 95% of them (median age 8.5 years).

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly optical, medical and measuring instruments. It has modern slavery statements on the government registry for 2 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 31 Dec 2026. The next confirmation statement is due by 15 Feb 2027.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover29,260,00025,511,000
Profit for the year-6,891,000-4,938,000
Cash at bank and in hand77,00088,000
Total assets51,843,000112,226,000
Total liabilities63,271,000129,320,000
Net assets / total equity-16,478,000-21,416,000
Average number of employees1113

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.

Statutory reporting

Modern slavery statements2
2025
Statement · summary on GOV.UK · group statement (SSE PLC)
2024
Statement · summary on GOV.UK · group statement (SSE PLC)

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.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 1 of the last 12 months on record, most recently August 2026. Main goods: optical, medical and measuring instruments.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

5 events
  1. Financial year 2024/25 endedAccounts: turnover £25.5m, net assets −£21.4m, 13 employees
  2. Financial year 2023/24 endedAccounts: turnover £29.3m, net assets −£16.5m, 11 employees
  3. Sse Plc registered as a person with significant control
  4. Name changed to SSE HEAT NETWORKS LIMITEDPreviously SSE ENERGY SERVICES LIMITED
  5. Company incorporatedPrivate 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.