How much does National Grid (US) Investments 4 Limited make?

National Grid (US) Investments 4 Limited reported revenue of £194m and a loss of £243m in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does National Grid (US) Investments 4 Limited have?

National Grid (US) Investments 4 Limited reported an average of 0 employees in the year to 31 Mar 2026.

Is National Grid (US) Investments 4 Limited profitable?

No — National Grid (US) Investments 4 Limited reported a loss of £243m in the year to 31 Mar 2026.

Company No. 03867128 · Incorporated 22 Oct 1999

National Grid (US) Investments 4 Limited

Registered name: NATIONAL GRID (US) INVESTMENTS 4 LIMITED

Part of National Grid PLC group

National Grid (US) Investments 4 Limited made £194m revenue and a £243m loss in the year to 31 Mar 2026.

National Grid (US) Investments 4 Limited’s revenue was £194m in the year to 31 Mar 2026, with a loss of £243m and 0 employees. The company is classified under “other business support service activities”; we hold 2 years of its filed accounts.

Full P&L filedSIC 82990Other business support service activities n.e.c.

Status: Active
Age: 27 yrs · since 1999
Type: Private Limited Company

Latest accounts · year to 31 Mar 2026

Key figures

Revenue

£194m

Growth —

Profit

−£243m

Growth —

Profit margin

−125.4%

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2024	31 Mar 2026
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£231m	£194m
Cost of sales	−£480m	−£435m
Operating profit	−£249m	−£241m
Profit before tax	−£249m	−£241m
Profit after tax	−£256m	−£243m
Profit (best available)	−£256m	−£243m
Employees (average)	—	0
Ratios
Profit margin	−110.8%	−125.4%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Dec 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −125.4%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now —
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

National Grid PLCultimate parent75–100%
National Grid (US) Holdings Limited75–100%
National Grid (US) Investments 4 Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

National Grid (US) Partner 1 LimitedFigures not disclosed
National Grid Twelve LimitedFigures not disclosed

Sister companies (1)

Natgridtw1 LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2026 (profit −£243m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.