Premier Transmission Limited

Private Limited Company · 85 Ormeau Road

ActiveUnited KingdomIncorporated 1992Private Limited Company

Financial position

Accounts to 2026-03-31 · GBP · Company accounts

Net assets

—

Cash

£4,726,000

Turnover

£32,537,000

Profit / loss

£9,455,000

Current assets

£151,702,000

Creditors < 1 year

£13,386,000

Equity

£81,448,000

Average employees

Balance-sheet trend

GBP · company

Financial statements

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

3 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures	2026-03-31Company · AI-read	2025-03-31Company · AI-read	2024-03-31Company · AI-read
Balance sheet
Net assets	—	£71,993,000	£63,167,000
Equity	£81,448,000	£71,993,000	£63,167,000
Share capital	£861,000	£861,000	£861,000
Retained earnings	£66,575,000	£57,120,000	£48,294,000
Assets
Fixed assets	£55,971,000	£57,143,000	£59,003,000
Property, plant & equipment	£55,969,000	£57,141,000	£59,001,000
Investments	£2,000	£2,000	£2,000
Current assets	£151,702,000	£141,019,000	£121,952,000
Cash at bank	£4,726,000	£16,769,000	£9,643,000
Debtors	£101,603,000	£91,252,000	£80,417,000
Stock	—	—	£57,000
Liabilities
Creditors	£126,225,000	—	—
Creditors within one year	£13,386,000	£16,547,000	£9,942,000
Creditors after one year	£101,577,000	£98,300,000	£96,152,000
Bank loans & overdrafts	£2,995,000	—	—
Profit & loss
Turnover	£32,537,000	£30,280,000	£31,138,000
Operating profit	£16,389,000	£13,978,000	£14,533,000
Interest receivable	£2,240,000	£2,292,000	£2,349,000
Interest payable	£6,506,000	£2,988,000	£7,338,000
Profit before tax	£12,123,000	£10,990,000	£7,195,000
Tax	£2,668,000	£2,164,000	£1,902,000
Profit / loss	£9,455,000	£8,826,000	£5,293,000
Operating costs
Depreciation	£1,884,000	—	—
Audit fees	£27,000	£26,000	£25,000
People & pay
Average employees	15	14	17
Staff costs	£894,000	£793,000	£867,000
Wages & salaries	£729,000	£656,000	£720,000
Social security costs	£88,000	£78,000	£83,000
Pension costs	£77,000	£59,000	£64,000
Directors' remuneration	£70,000	£84,000	£78,000
Source evidence	View filing	View filing	View filing

From the accounts

What the accounts for 2026-03-31 say about themselves, read by AI from the scanned filing.

Auditor: Grant Thornton (NI) LLP
Audit opinion: Clean (unmodified)
Immediate parent: Premier Transmission Financing plc
Ultimate parent: Mutual Energy Limited
Ultimate controlling party: the members of Mutual Energy Limited
Accounts: FRS 101
Approved: 2026-06-29, signed by Patrick Larkin, Gerard McIlroy

Related parties (4)

group undertakings · group undertakings · Amounts owed; unsecured, interest free and repayable on demand · 90,304 (000s)
group undertakings · group undertakings · Amounts owed; unsecured, interest free and repayable on demand · 78,020 (000s)
Company's parent undertaking · parent undertaking · Unsecured index linked loan; 2.953% · 84,570 (000s)
Company's parent undertaking · parent undertaking · Unsecured index linked loan; 2.953% · 80,675 (000s)

Borrowings (2)

Amounts owed to group undertakings; unsecured index linked loan from the Company's parent undertaking · 84,570 (000s) · 2.953% (linked to the Retail Price Index) · Repayable in full on 31 March 2030 · secured on Unsecured
Amounts owed to group undertakings; unsecured index linked loan from the Company's parent undertaking · 80,675 (000s) · 2.953% (linked to the Retail Price Index) · Repayable in full on 31 March 2030 · secured on Unsecured

Share classes (1)