How much does National Grid UK Limited make?

National Grid UK Limited reported revenue of £6.3m and £6m profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

Is National Grid UK Limited profitable?

Yes — National Grid UK Limited reported a profit of £6m in the year to 31 Mar 2023.

Company No. 04508773 · Incorporated 12 Aug 2002

National Grid UK Limited

Registered name: NATIONAL GRID UK LIMITED

Part of National Grid PLC group

National Grid UK Limited made £6.3m revenue and £6m profit in the year to 31 Mar 2023.

National Grid UK Limited’s revenue was £6.3m in the year to 31 Mar 2023, with £6m profit. The company is classified under “other service activities”.

Full P&L filedSIC 96090Other service activities n.e.c.

Status: Active
Age: 24 yrs · since 2002
Type: Private Limited Company

Latest accounts · year to 31 Mar 2023

Key figures

Revenue

£6.3m

Growth —

Profit

£6m

Growth —

Profit margin

94.9%

Employees

—

Change —

Profit / employee

—

Profitable streak

1yr

Consecutive profitable years in our data

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£6.3m
Operating profit	£6.3m
Profit before tax	£7.4m
Profit after tax	£6m
Profit (best available)	£6m
Employees (average)	—
Ratios
Profit margin	94.9%
Balance sheet — indirect signals, not revenue
Net assets	—
Source	Accounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: 94.9%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

National Grid PLCultimate parent75–100%
National Grid Holdings One PLC75–100%
National Grid UK Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (10)

Icelink Interconnector LimitedFigures not disclosed
Lattice Group LimitedFigures not disclosed
National Grid Carbon LimitedFigures not disclosed
National Grid Distributed Energy LimitedFigures not disclosed
National Grid Electricity Distribution Holdings LimitedFigures not disclosed
National Grid Holdings LimitedFigures not disclosed
National Grid Hydrogen LimitedFigures not disclosed
National Grid Interconnector Holdings LimitedFigures not disclosed
National Grid Interconnectors LimitedFigures not disclosed
National Grid Ventures LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit £6m), from the Companies House accounts bulk data published Oct 2024. Spotted an error? Request a correction.

Updated from Companies House on 22 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.