Moyle Interconnector (Financing) Public Limited Company
Registered name: MOYLE INTERCONNECTOR (FINANCING) PUBLIC LIMITED COMPANY
Part of Mutual Energy Limited groupMoyle Interconnector (Financing) Public Limited Company made £81.8m revenue and £42.7m profit in the year to 31 Mar 2026.
Moyle Interconnector (Financing) Public Limited Company’s revenue fell 15% to £81.8m in the year to 31 Mar 2026, with £42.7m profit and 11 employees. The company is classified under “transmission of electricity” and is based in 85 Ormeau Road; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- 85 Ormeau Road, Northern Ireland
- Age
- 23 yrs · since 2003
- Type
- Public 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) | £67.4m | £96.2m | £81.8m |
| Operating profit | £23.4m | £91.8m | £52.3m |
| Profit before tax | £20.5m | £97.5m | £56.9m |
| Profit after tax | £15.3m | £73.1m | £42.7m |
| Profit (best available) | £15.3m | £73.1m | £42.7m |
| Employees (average) | 10 | 11 | 11 |
| Ratios | |||
| Profit margin | 22.8% | 76% | 52.2% |
| Revenue per employee | £6.7m | £8.7m | £7.4m |
| Profit per employee | £1.5m | £6.6m | £3.9m |
| Growth (year on year) | |||
| Revenue growth | — | ▲42.7% | ▼15% |
| Profit growth | — | ▲376.8% | ▼41.6% |
| Headcount growth | — | ▲10% | 0% |
| 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
- 52.2%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £7.4m
- Revenue ÷ average employees.
- Profit per employee
- £3.9m
- 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
- 0%
- Now 11
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Mutual Energy Limitedultimate parent75–100%
- Moyle Holdings NO.2 Limited75–100%
- Moyle Interconnector (Financing) Public Limited Companythis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Moyle Interconnector LimitedFigures 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 £42.7m), 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.