CENTRICA ENERGY MARKETING LIMITED
Operating as Centrica Energy, the business serves as the wholesale energy trading and logistics subsidiary of London Stock Exchange-listed Centrica plc, facilitating the trade of electricity, gas, and liquefied natural gas across global markets.
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Cash
—
Latest balance sheet
Net assets
£1.4B
-14.2% vs 2023
Employees
—
Average over period
Profit before tax
-£251M
+61.1% vs 2023
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £6,139,200,000 | £1,741,400,000 | -71.6% | |
| Operating profit | -£685,100,000 | -£298,700,000 | +56.4% | |
| Profit before tax | -£645,500,000 | -£251,300,000 | +61.1% | |
| Net profit | -£566,500,000 | -£202,600,000 | +64.2% | |
| Cash | — | — | — | |
| Total assets less current liabilities | £1,710,400,000 | £1,430,600,000 | -16.4% | |
| Net assets | £1,635,400,000 | £1,402,900,000 | -14.2% | |
| Equity | £1,635,400,000 | £1,402,900,000 | -14.2% | |
| Average employees | — | — | — | |
| Wages | — | — | — | |
| Directors' remuneration | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -11.2% | -17.2% | |
| Net margin | -9.2% | -11.6% | |
| Return on capital employed | -40.1% | -20.9% | |
| Gearing (liabilities / total assets) | 43.2% | 45.0% | |
| Current ratio | 1.61x | 1.35x | |
| Interest cover | — | -29.57x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have received confirmation from the Directors of Centrica plc that provided the Company remains part of the Group, Centrica plc will support the Company for at least one year after the date of signature of these financial statements. The Directors have concluded that there are no material uncertainties relating to the Group's going concern, and that adopting the going concern basis of accounting was appropriate.”
Significant events
- “At the end of 2022, the Government announced the implementation of the Electricity Generator Levy (EGL), a new, temporary levy applicable to receipts that the Company realises from electricity generation in the UK from nuclear and renewable sources in the period from 1 January 2023 to 31 March 2028. It was legislated in the Finance (No 2) Act 2023.”
- “In 2023 a provision was booked relating to an expected penalty for a payment made to a counterparty that contravenes U.S primary sanctions. In 2024 following a decision made by the US department of Treasury the provision was released and the matter was closed.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CENTRICA SECRETARIES LIMITED | Corporate Secretary | 2013-12-09 | — | — |
| MANGERAH, Cassim | Director | 2015-12-09 | Sep 1968 | British |
| PARK, John Thomas | Director | 2022-10-31 | Feb 1974 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BELL, Jeffrey | Director | 2013-12-09 | 2013-12-11 |
| DEE, Stuart Craig | Director | 2013-12-11 | 2017-10-20 |
| GEROVA, Stefka Georgieva | Director | 2020-06-02 | 2022-11-11 |
| HANAFIN, Vincent Mark | Director | 2013-12-11 | 2018-11-30 |
| ISENEGGER, David Andrew | Director | 2013-12-11 | 2019-09-04 |
| LE POIDEVIN, Andrew Daryl | Director | 2013-12-11 | 2017-12-08 |
| LONGMUIR, Ailsa Zoya | Director | 2019-10-21 | 2025-08-29 |
| NETEMEYER, Andrew | Director | 2013-12-11 | 2015-12-31 |
| TODD, Alistair Mark | Director | 2013-12-09 | 2013-12-11 |
| WESTBY, Jonathan Damian | Director | 2019-09-04 | 2020-09-01 |
| WORBY, Peter John | Director | 2018-05-24 | 2019-06-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gb Gas Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 55 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-11 | AA | accounts | Accounts with accounts type full | |
| 2025-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-17 | AA | accounts | Accounts with accounts type full | |
| 2024-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-24 | AA | accounts | Accounts with accounts type full | |
| 2023-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-23 | CH01 | officers | Change person director company with change date | |
| 2022-11-11 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-30 | AA | accounts | Accounts with accounts type full | |
| 2021-08-19 | CH01 | officers | Change person director company with change date | |
| 2021-07-14 | CH01 | officers | Change person director company | |
| 2021-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-10 | CH01 | officers | Change person director company with change date | |
| 2020-12-18 | AA | accounts | Accounts with accounts type full | |
| 2020-09-04 | TM01 | officers | Termination director company with name termination date | |
| 2020-06-17 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.