SGN Evolve Network Ltd
Registered name: SGN EVOLVE NETWORK LTD
Part of Brookfield Corporation groupSGN Evolve Network Ltd made £11.6m revenue and £2.2m profit in the year to 31 Mar 2026.
SGN Evolve Network Ltd’s revenue grew 1% to £11.6m in the year to 31 Mar 2026, with £2.2m profit. The company is classified under “distribution of gaseous fuels through mains” and is based in Horley; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Horley, South East
- Age
- 12 yrs · since 2013
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £7.8m | £11.5m | £11.6m |
| Operating profit | £1.5m | £4.4m | £4.9m |
| Profit before tax | −£797k | £2.1m | £3m |
| Profit after tax | −£609k | £1.6m | £2.2m |
| Profit (best available) | −£609k | £1.6m | £2.2m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | −7.8% | 13.5% | 19.1% |
| Growth (year on year) | |||
| Revenue growth | — | ▲47.8% | ▲0.7% |
| Profit growth | — | — | ▲42.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Aug 2025 | Accounts · bulk data Aug 2025 | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 19.1%
- 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.
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 —
Group structure
Ownership chain
- Brookfield Corporation (registered outside the UK register)ultimate parent75–100%
- Bsip UK Holdco Limited50–75%
- Scotia Gas Networks Limited75–100%
- SGN Pledgeco Limited75–100%
- SGN Midco Limited75–100%
- SGN Evolve Network Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- SGN Contracting LimitedRev. £0 · Profit £0
- Scotland Gas Networks PLCFigures not disclosed
- Southern Gas Networks PLCFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Prestige Pipelaying JV LtdMarch · Distribution of gaseous fuels through mains
- Revenue
- £22.8m
- Profit
- £2.9m
- Staff
- 36
- Premier Transmission Financing Public Limited Company85 Ormeau Road · Distribution of gaseous fuels through mains
- Revenue
- £32.5m
- Profit
- £9.9m
- Staff
- 15
- Osso Energy Trading LimitedLondon · Distribution of gaseous fuels through mains
- Revenue
- £4.1m
- Profit
- £18.2k
- Staff
- —
Sources
Latest figures from accounts for the year to 31 Mar 2026 (profit £2.2m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 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.