SGN Midco Limited
Registered name: SGN MIDCO LIMITED
Part of Brookfield Corporation groupSGN Midco Limited made £1.4bn revenue and £112m profit in the year to 31 Mar 2026.
SGN Midco Limited’s revenue grew 15% to £1.4bn in the year to 31 Mar 2026, with £112m profit. The company is classified under “activities of other holding companies” and is based in Horley; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Horley, South East
- Age
- 8 yrs · since 2017
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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) | £1.3bn | £1.2bn | £1.4bn |
| Operating profit | £535m | £287m | £414m |
| Profit before tax | £302m | £97m | £142m |
| Profit after tax | £221m | £71m | £112m |
| Profit (best available) | £221m | £71m | £112m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 16.5% | 5.9% | 8.1% |
| Growth (year on year) | |||
| Revenue growth | — | ▼11% | ▲15.3% |
| Profit growth | — | ▼67.9% | ▲57.8% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 8.1%
- 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 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- SGN Evolve Network LtdRev. £11.6m · Profit £2.2m
- 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).
Sources
Latest figures from accounts for the year to 31 Mar 2026 (profit £112m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.