Company Overview
Northern Ireland Electricity Networks Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 25 October 1991, so this is a well established company. Northern Ireland Electricity Networks Limited has been in business for 34 years and 5 months. The accounts status is group and the accounts are next due on Wednesday 30 September 2026.
Registered Address

120 Malone Road, Belfast, BT9 5HT
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Companies House Data
Company NameNORTHERN IRELAND ELECTRICITY NETWORKS LIMITED
Company NumberNI026041
Registered Office Address120 Malone Road
 Belfast
 BT9 5HT
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date25/10/1991
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryGROUP
Returns Next Due Date22/11/2016
Returns Last Made Up Date25/10/2015
Previous Company NameChanged Date
NORTHERN IRELAND ELECTRICITY LIMITED18 Sep 2015
Directors & Members
Show Resigned
Alan Bryce - Director
(British, 66 years old, born September 1960)
Appointed 01 January 2018
 Active
Edel Creery - Director
(Irish, 52 years old, born June 1974)
Appointed 01 March 2026
 Active
Keith Jess - Director
(British, 69 years old, born February 1957)
Appointed 23 September 2019
 Active
Janet McCollum - Director
(British, 61 years old, born February 1965)
Appointed 16 July 2024
 Active
Ciaran McManus - Director
(Irish, 50 years old, born January 1976)
Appointed 01 April 2026
 Active
David Sterling - Director
(British, 68 years old, born March 1958)
Appointed 18 September 2023
 Active
Secretaries
Show Resigned
Olivia Carr - Secretary
Appointed 16 June 2022
 Active
Other Company Directorships
Alan Bryce
ASSOCIATION OF ELECTRICITY PRODUCERS LIMITED
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ELECTRICITY ASSOCIATION SERVICES LIMITED
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VPI POWER LIMITED
Edel Creery
NIE FINANCE PLC
Keith Jess
No companies found
Janet McCollum
BAKEWELL FOODS LIMITED
BURCHER PTY LTD
CAXIAS DO SUL LIMITED
DUNGANNON PROTEINS LTD
FERNE FOODS LIMITED
FOYLE FOOD GROUP HOLDINGS LIMITED
FOYLE FOOD GROUP LIMITED
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MASH DIRECT LIMITED
MOY PARK (BONDCO) PLC
MOY PARK (NEWCO) LTD
MOY PARK HOLDINGS (EUROPE) LIMITED
MOY PARK LIMITED
MOY PARK LIMITED
MPPH LIMITED
NORTHERN IRELAND CHAMBERS OF COMMERCE AND INDUSTRY
O'KANE (BLUE ROSE NEWCO 1) LIMITED
O'KANE POULTRY LIMITED
PENASUL (SOUTH EAST) LIMITED
PENASUL EAST ANGLIA LIMITED
PENASUL TRADING LTD
PENASUL UK LIMITED
THE ROYAL COUNTRYSIDE FUND
W.& R. BARNETT, LIMITED
Ciaran McManus
No companies found
David Sterling
CENTRE FOR CROSS-BORDER STUDIES
CHIEF EXECUTIVES' FORUM
INSPIRE WELLBEING
NORTHERN IRELAND SCIENCE PARK (HOLDINGS) LIMITED
NORTHERN IRELAND SCIENCE PARK FOUNDATION LIMITED
NORTHERN IRELAND SCREEN COMMISSION
SDS CONSULTANCY LTD
THE CANCER FUND FOR CHILDREN
ULSTER WILDLIFE TRUST
WOMEN IN BUSINESS NI LTD
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2016 31-Dec-2015
Balance Sheet
Fixed Assets 2,185,500,000 2,185,500,000 1,921,800,000
Current Assets 97,200,000 97,200,000 97,300,000
Creditors Due Within One Year 188,800,000 188,800,000 160,700,000
Working Cap -91,600,000 -91,600,000 -63,400,000
Total Assets Less Current Liabilities 2,093,900,000 2,093,900,000 1,858,400,000
Long-term Liabilities 1,800,000,000 1,800,000,000 1,547,800,000
Net Assets 293,900,000 293,900,000 310,600,000
Share Capital & Reserves
Share Cap 36,400,000 36,400,000 36,400,000
Profit & Loss Reserves 227,000,000 227,000,000 243,700,000
Other Reserves 30,500,000 30,500,000 30,500,000
Shareholders Funds 293,900,000 293,900,000 310,600,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2016 31-Dec-2015
Tangible Fixed Assets - - -
Fixed Assets 95.7% 95.7% 95.2%
Stocks Inventory 0.6% 0.6% 0.5%
Debtors 2.4% 2.4% 2.6%
Cash Bank In Hand 0.4% 0.4% 0.9%
Current Assets 4.3% 4.3% 4.8%
Creditors Due Within One Year 8.3% 8.3% 8.0%
Net Current Assets Liabilities -4.0% -4.0% -3.1%
Creditors Due After One Year 78.9% 78.9% 76.7%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 12.9% 12.9% 15.4%
Called Up Share Capital 1.6% 1.6% 1.8%
Share Capital Allotted Called Up Paid 1.6% 1.6% 1.8%
Profit Loss Account Reserve 9.9% 9.9% 12.1%
Shareholder Funds 12.9% 12.9% 15.4%
Capital Employed - - -
Total Assets Less Current Liabilities 91.7% 91.7% 92.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2016 31-Dec-2015
Liquidity Ratio 0.5 0.5 0.6
Solvency Ratio 1.1 1.1 1.2
Reserves to Assets 0.1 0.1 0.1
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2016 31-Dec-2015
Assets 2,282,700,000 2,282,700,000 2,019,100,000
Debt 1,988,800,000 1,988,800,000 1,708,500,000
Net Assets/Debt 293,900,000 293,900,000 310,600,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around BT9 5HT
NIE FINANCE PLC
120 MALONE ROAD, BELFAST, BT9 5HT
NIE LIMITED
120 MALONE ROAD, BELFAST, BT9 5HT
NORTHERN IRELAND ELECTRICITY LIMITED
120 MALONE ROAD, BELFAST, BT9 5HT
CAPITAL PENSIONS MANAGEMENT LIMITED
120 MALONE ROAD, BELFAST, BT9 5HT
NIE NETWORKS SERVICES LIMITED
120 MALONE ROAD, BELFAST, BT9 5HT
Document Filings
Appointment of Mr Ciaran Thomas Mcmanus as a director on 1 April 2026
Termination of appointment of Derek Hynes as a director on 31 March 2026
Appointment of Mrs Edel Creery as a director on 1 March 2026
Termination of appointment of William Gordon Parkes as a director on 1 March 2026
Director's details changed for Mr Derek Hynes on 15 November 2025
Confirmation statement made on 25 October 2025 with no updates
Confirmation statement made on 25 October 2024 with no updates
Appointment of Mrs Janet Susanne Burgoyne Mccollum as a director on 16 July 2024
Termination of appointment of Rotha Geraldine Diane Johnston as a director on 3 March 2024
Confirmation statement made on 25 October 2023 with no updates
Appointment of Sir David Robert Sterling as a director on 18 September 2023
Auditor's resignation
Confirmation statement made on 25 October 2022 with no updates
Appointment of Mr Derek Hynes as a director on 1 September 2022
Termination of appointment of Paul James Stapleton as a director on 31 August 2022
Appointment of Mrs Olivia Carr as a secretary on 16 June 2022
Termination of appointment of Sarah Ruth Conacher as a secretary on 15 June 2022
Confirmation statement made on 25 October 2021 with no updates
Director's details changed for Mr Alan Alexander Bryce on 1 September 2021
Confirmation statement made on 25 October 2020 with no updates
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