September 23, 2017 12:48 AM ET

Electric Utilities

Company Overview of Northern Powergrid (Yorkshire) plc

Company Overview

Northern Powergrid (Yorkshire) plc distributes electricity in the United Kingdom. It distributes electricity to approximately 2.3 million customers in Yorkshire, Derbyshire, Nottinghamshire, Lincolnshire, and Lancashire counties through a distribution network of approximately 53,000 kilometers of overhead and underground cables, and 35,000 substations. The company was formerly known as Yorkshire Electricity Distribution plc and changed its name to Northern Powergrid (Yorkshire) plc in October 2011. The company was incorporated in 2000 and is based in Newcastle upon Tyne, the United Kingdom. Northern Powergrid (Yorkshire) plc is a subsidiary of Yorkshire Electricity Group plc.

Lloyds Court

78 Grey Street

Newcastle upon Tyne,  NE1 6AF

United Kingdom

Founded in 2000

1,184 Employees

Key Executives for Northern Powergrid (Yorkshire) plc

CEO, President & Director
Age: 49
Finance Director & Executive Director
Age: 46
Head of Regulatory Finance & Systems
Head of Field Change
Head of Shared Services
Compensation as of Fiscal Year 2017.

Northern Powergrid (Yorkshire) plc Key Developments

Northern Powergrid (Yorkshire) plc Reports Audited Earnings Results for the Year Ended Dec. 31, 2016

Northern Powergrid (Yorkshire) plc reported audited earnings results for the year ended Dec. 31, 2016. For the period, the company reported revenue of £415.126 million compared to £420.220 million reported last year. Operating profit was £199.368 million against £204.931 million reported last year. Profit before income tax was £153.445 million against £162.511 million reported last year. Profit for the year was £148.129 million against £146.659 million reported last year. Net cash from operating activities was £215.661 million against £196.802 million reported last year. Purchase of property, plant and equipment was £234.831 million against £279.004 million reported last year.

Northern Powergrid (Yorkshire) plc Reports Unaudited Earnings Results for the Half Ended June 30, 2016

Northern Powergrid (Yorkshire) plc reported unaudited earnings results for the half year ended June 30, 2016. For the period, the company reported revenue of £206.6 million compared to £218.1 million reported last year. Operating profit was £101.3 million against £112.3 million reported last year. Profit before income tax was £78.1 million against £91.1 million reported last year. Profit from ordinary activities after tax was £62 million against £72.3 million reported last year. Net cash from operating activities was £96.4 million against £95.4 million reported last year. Purchase of property, plant and equipment was £117.6 million against £154.2 million reported last year. Revenue was £11.5 million lower than for the six months ended 30 June 2015 mainly due to reduced Distribution Use of System revenue when compared to the previous year. Profit before tax was £13.0 million lower than the six months ended 30 June 2015 mainly as a result of lower DUoS revenue.

Northern Powergrid (Yorkshire) plc Reports Audited Earnings Results for the Year Ended Dec. 31, 2015

Northern Powergrid (Yorkshire) plc reported audited earnings results for the year ended Dec. 31, 2015. For the year, the company reported revenue of £420,220,000 compared to £434,772,000 reported last year. Operating profit was £204,931,000 against £231,905,000 reported last year. Profit before income tax was £162,511,000 against £191,587,000 reported last year. Profit for the year was £146,659,000 against £150,629,000 reported last year. Net cash from operating activities was £196,802,000 against £201,574,000 reported last year. Purchase of tangible fixed assets was £279,004,000 against £253,897,000 reported last year.

Similar Private Companies By Industry

Company Name Region
Aldwych Holdings Limited Europe
Apex Energy Limited Europe
Balbourne Wind Fund No 1 LP Europe
Basalt Global Limited Europe
Beckton Energy Ltd. Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
Bertelsmann AG Europe

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Northern Powergrid (Yorkshire) plc, please visit --. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.