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Northern Ireland Electricity Networks Limited

Northern Ireland Electricity Networks Limited is an active company incorporated on 25 October 1991 with the registered office located in . Northern Ireland Electricity Networks Limited was registered 34 years ago.
Status
Active
Active since incorporation
Company No
NI026041
Private limited company
Northern Ireland Company
Age
34 years
Incorporated 25 October 1991
Size
Large
Turnover is over £54M
Balance sheet is over £27M
Over 250 employees
Confirmation
Submitted
Dated 25 October 2025 (2 months ago)
Next confirmation dated 25 October 2026
Due by 8 November 2026 (10 months remaining)
Last change occurred 9 years ago
Accounts
Submitted
For period 1 Jan ⟶ 31 Dec 2024 (1 year)
Accounts type is Group
Next accounts for period 31 December 2025
Due by 30 September 2026 (8 months remaining)
Learn more about Northern Ireland Electricity Networks Limited
Contact
Address
120 Malone Road
Belfast
BT9 5HT
Same address for the past 33 years
Telephone
02890661100
Email
Available in Endole App
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People
Officers
7
Shareholders
1
Controllers (PSC)
1
Sir David Robert Sterling
Director • British • Lives in Northern Ireland • Born in Mar 1958
Derek Hynes
Director • Managing Director • Irish • Lives in Northern Ireland • Born in Jul 1978
William Gordon Parkes
Director • HR Director • British • Lives in Northern Ireland • Born in Dec 1957
Alan Alexander Bryce
Director • Non Executive Director • British • Lives in Scotland • Born in Sep 1960
Janet Susanne Burgoyne McCollum
Director • Non-Executive Director • British • Lives in Northern Ireland • Born in Feb 1965
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Shareholders, PSCs & Group Structure
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Mutual Companies
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Alan Alexander Bryce is a mutual person.
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Janet Susanne Burgoyne McCollum is a mutual person.
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W.& R. Barnett, Limited
Janet Susanne Burgoyne McCollum is a mutual person.
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Ulster Wildlife Trust
Sir David Robert Sterling is a mutual person.
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Inspire Wellbeing
Sir David Robert Sterling is a mutual person.
Active
Grand Opera House Trust
William Gordon Parkes is a mutual person.
Active
Northern Ireland Screen Commission
Sir David Robert Sterling is a mutual person.
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Northern Ireland Science Park Foundation Limited
Sir David Robert Sterling is a mutual person.
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Brands
Northern Ireland Electricity Networks
Northern Ireland Electricity Networks (NIE Networks) owns the electricity transmission and distribution networks in Northern Ireland, serving over 910,000 customers.
Financials
Net Assets, Total Assets & Total Liabilities (2014–2024)
Period Ended
31 Dec 2024
For period 31 Dec ⟶ 31 Dec 2024
Traded for 12 months
Cash in Bank
£118.4M
Decreased by £33.6M (-22%)
Turnover
£452.1M
Increased by £112.5M (+33%)
Employees
1.58K
Increased by 145 (+10%)
Total Assets
£2.96B
Increased by £100.5M (+4%)
Total Liabilities
-£2.32B
Increased by £31.5M (+1%)
Net Assets
£640.2M
Increased by £69M (+12%)
Debt Ratio (%)
78%
Decreased by 1.65% (-2%)
See 10 Year Full Financials
Latest Activity
Mr Derek Hynes Details Changed
1 Month Ago on 15 Nov 2025
Confirmation Submitted
2 Months Ago on 5 Nov 2025
Group Accounts Submitted
8 Months Ago on 2 May 2025
Confirmation Submitted
1 Year 2 Months Ago on 6 Nov 2024
Mrs Janet Susanne Burgoyne Mccollum Appointed
1 Year 5 Months Ago on 16 Jul 2024
Group Accounts Submitted
1 Year 8 Months Ago on 24 Apr 2024
Rotha Geraldine Diane Johnston Resigned
1 Year 10 Months Ago on 3 Mar 2024
Confirmation Submitted
2 Years 2 Months Ago on 25 Oct 2023
Sir David Robert Sterling Appointed
2 Years 3 Months Ago on 18 Sep 2023
Auditor Resigned
2 Years 5 Months Ago on 28 Jul 2023
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Documents
Director's details changed for Mr Derek Hynes on 15 November 2025
Submitted on 28 Nov 2025
Confirmation statement made on 25 October 2025 with no updates
Submitted on 5 Nov 2025
Group of companies' accounts made up to 31 December 2024
Submitted on 2 May 2025
Confirmation statement made on 25 October 2024 with no updates
Submitted on 6 Nov 2024
Appointment of Mrs Janet Susanne Burgoyne Mccollum as a director on 16 July 2024
Submitted on 22 Jul 2024
Group of companies' accounts made up to 31 December 2023
Submitted on 24 Apr 2024
Termination of appointment of Rotha Geraldine Diane Johnston as a director on 3 March 2024
Submitted on 5 Mar 2024
Confirmation statement made on 25 October 2023 with no updates
Submitted on 25 Oct 2023
Appointment of Sir David Robert Sterling as a director on 18 September 2023
Submitted on 18 Sep 2023
Auditor's resignation
Submitted on 28 Jul 2023
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Repayment History
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