CADENT SERVICES LIMITED
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Cash
£1.3m
+2.9% vs 2025
Net assets
£9.8m
+39.6% highest in 3 filed years
Employees
0
Average over period
Profit before tax
£2.5m
+66.8% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £2,098,000 | £2,511,000 | £2,992,000 | +19.2% | |
| Operating profit | £1,482,000 | £1,719,000 | £2,723,000 | +58.4% | |
| Profit before tax | £1,428,000 | £1,501,000 | £2,504,000 | +66.8% | |
| Net profit | £1,164,000 | £1,818,000 | £2,790,000 | +53.5% | |
| Cash | — | £1,254,000 | £1,290,000 | +2.9% | |
| Total assets less current liabilities | — | £16,090,000 | £18,260,000 | +13.5% | |
| Net assets | — | £7,041,000 | £9,831,000 | +39.6% | |
| Equity | £5,223,000 | £7,041,000 | £9,831,000 | +39.6% | |
| Average employees | 0 | 0 | 0 | — | |
| 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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 70.6% | 68.5% | 91.0% | |
| Net margin | 55.5% | 72.4% | 93.2% | |
| Return on capital employed | — | 10.7% | 14.9% | |
| Interest cover | 9.32x | 7.05x | 10.76x |
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.
Name history
Renamed 2 times since incorporation
- CADENT SERVICES LIMITED 2017-05-02 → present
- GAS DISTRIBUTION PROPERTY HOLDINGS LIMITED 2016-05-17 → 2017-05-02
- NATIONAL GRID THIRTY EIGHT LIMITED 2016-03-23 → 2016-05-17
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have received a letter of support from both the intermediate holding company and immediate parent company, Quadgas HoldCo Limited and Quadgas MidCo Limited, stating that they will not ask for the reimbursement or prepayment of loans granted to the company which would materially affect the company's financial capacity and be willing to give appropriate financial support to enable the company to meet its obligations as they fall due for a further 12 months from date the financial statements are signed.”
Significant events
- “There are no post balance sheet events.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BENNETT, Diane Mary | Secretary | 2020-01-23 | — | — |
| BARON, Gary Lee | Director | 2025-04-01 | Jun 1981 | British |
| BRAITHWAITE, Mark William | Director | 2018-11-28 | Nov 1965 | British |
| FIDLER, Eduard Benjamin | Director | 2024-09-25 | Feb 1977 | Canadian |
| HOLLAND-KAYE, William John | Director | 2026-02-01 | Mar 1965 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARNES, Megan | Secretary | 2016-03-23 | 2016-09-08 |
| COOPER, Mark Stuart | Secretary | 2017-03-31 | 2020-01-15 |
| DAVIDSON, Rachael Jennifer | Secretary | 2016-09-08 | 2017-03-31 |
| HOWITT, David Andrew | Secretary | 2016-11-23 | 2020-01-17 |
| MORGAN, Alice Parker | Secretary | 2016-03-23 | 2017-03-31 |
| AGG, Andrew Jonathan | Director | 2016-06-02 | 2017-03-31 |
| BICKERSTAFF, Anthony Oliver | Director | 2022-02-07 | 2024-09-30 |
| BRADLEY, Martin | Director | 2017-03-31 | 2018-11-28 |
| BURNS, Clive | Director | 2016-03-23 | 2016-09-08 |
| COOPER, Malcolm Charles | Director | 2016-06-02 | 2017-03-31 |
| HURRELL, Stephen Glynn | Director | 2019-02-15 | 2021-12-23 |
| KORPANCOVA, Jaroslava | Director | 2017-03-31 | 2022-08-31 |
| MORGAN, Alice Parker | Director | 2016-03-23 | 2016-09-08 |
| TRAIN, Christopher | Director | 2016-09-08 | 2019-02-15 |
| WATERS, Christopher John | Director | 2017-11-22 | 2018-10-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Quadgas Midco Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-05-11 | Active |
| National Grid Holdings One Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2017-05-11 |
Filing timeline
Last 20 of 76 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-06-10 RESOLUTIONS Resolution
- 2023-06-10 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-13 | AA | accounts | Accounts with accounts type full | |
| 2026-07-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-22 | AA | accounts | Accounts with accounts type full | |
| 2025-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-29 | AA | accounts | Accounts with accounts type full | |
| 2023-07-08 | AA | accounts | Accounts with accounts type full | |
| 2023-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-10 | RESOLUTIONS | resolution | Resolution | |
| 2023-06-10 | MA | incorporation | Memorandum articles | |
| 2022-11-08 | CH01 | officers | Change person director company with change date | |
| 2022-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-08 | AA | accounts | Accounts with accounts type full | |
| 2022-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-08 | AD02 | address | Change sail address company with old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
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.