Mutual Energy Limited
Registered name: MUTUAL ENERGY LIMITED
Mutual Energy Limited made £141m revenue and £46.6m profit in the year to 31 Mar 2026.
Mutual Energy Limited’s revenue was £141m in the year to 31 Mar 2026, with £46.6m profit and 50 employees. The company is classified under “transmission of electricity” and is based in 85 Ormeau Road.
- Status
- Active
- Location
- 85 Ormeau Road, Northern Ireland
- Age
- 21 yrs · since 2005
- Type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2026 |
|---|---|
| Disclosure | Full P&L |
| Profit & loss | |
| Revenue (turnover) | £141m |
| Operating profit | £74.6m |
| Profit before tax | £61.9m |
| Profit after tax | £46.6m |
| Profit (best available) | £46.6m |
| Employees (average) | 50 |
| Ratios | |
| Profit margin | 33.2% |
| Revenue per employee | £2.8m |
| Profit per employee | £932k |
| Balance sheet — indirect signals, not revenue | |
| Net assets | — |
| Source | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 33.2%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.8m
- Revenue ÷ average employees.
- Profit per employee
- £932k
- 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 50
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (4)
- Interconnector Services (Ni) LimitedFigures not disclosed
- Moyle Holdings LimitedFigures not disclosed
- Moyle Holdings NO.2 LimitedFigures not disclosed
- Northern Ireland Gas Transmission Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from accounts for the year to 31 Mar 2026 (profit £46.6m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.