National Grid Carbon Limited
Registered name: NATIONAL GRID CARBON LIMITED
Part of National Grid PLC groupNational Grid Carbon Limited made £10m revenue and £7.9m profit in the year to 31 Mar 2025.
National Grid Carbon Limited’s revenue grew 149% to £10m in the year to 31 Mar 2025, with £7.9m profit. The company is classified under “dormant company”; we hold 2 years of its filed accounts.
- Status
- Active
- Age
- 26 yrs · since 2000
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £4m | £10m |
| Cost of sales | −£1.8m | −£15k |
| Operating profit | £2.2m | £9.9m |
| Profit before tax | £2.7m | £10.6m |
| Profit after tax | £1.9m | £7.9m |
| Profit (best available) | £1.9m | £7.9m |
| Employees (average) | — | — |
| Ratios | ||
| Profit margin | 48.8% | 79.4% |
| Growth (year on year) | ||
| Revenue growth | — | ▲149% |
| Profit growth | — | ▲305.4% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Aug 2025 | Accounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 79.4%
- 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.
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 —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- National Grid PLCultimate parent75–100%
- National Grid Holdings One PLC75–100%
- National Grid Carbon Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Carbon Sentinel LimitedFigures not disclosed
Sister companies (10)
- Icelink Interconnector LimitedFigures not disclosed
- Lattice Group LimitedFigures not disclosed
- National Grid Distributed Energy LimitedFigures not disclosed
- National Grid Electricity Distribution Holdings LimitedFigures not disclosed
- National Grid Holdings LimitedFigures not disclosed
- National Grid Hydrogen LimitedFigures not disclosed
- National Grid Interconnector Holdings LimitedFigures not disclosed
- National Grid Interconnectors LimitedFigures not disclosed
- National Grid UK LimitedFigures not disclosed
- National Grid Ventures LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £7.9m), from the Companies House accounts bulk data published Aug 2025. Spotted an error? Request a correction.
Updated from Companies House on 22 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.