Public limited company registered in London, classed under “Activities of head offices”.
Headline figures
FY to Mar 2026 · Group consolidated
Turnover
For subscribers
Profit after tax
£3.24bn
Net assets
For subscribers
Cash
For subscribers
Employees
For subscribers
Retained reserves
For subscribers
What the numbers say
4 findings from the figures, in plain English
Written by rules from the figures on this page. Not a forecast or a credit opinion.
History
| £ | 2024 | 2025 | 2026 |
|---|---|---|---|
| Profit after tax | £3.24bn | ||
| Turnover | |||
| Net assets | |||
| Cash | |||
| Employees | |||
| Retained reserves |
Every figure for all 3 years
“—” means we did not find the figure in a source; it is never filled with an estimate.
Balance sheet and ratios
From the filed balance sheets · £
| Balance sheet | 2024 | 2025 | 2026 |
|---|---|---|---|
| Current assets | |||
| of which cash | |||
| Creditors due within a year | |||
| Creditors due after a year | |||
| Net assets | |||
| Ratios | |||
| Profit marginProfit after tax as a share of turnover | |||
| Return on equityProfit after tax as a share of net assets | |||
| Current ratioCurrent assets for every £1 owed within a year | |||
| Cash ratioCash for every £1 owed within a year | |||
5 balance-sheet lines and 4 ratios, every year
A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.
Timeline
Checked 2026-10-18
- SharesSale or transfer of treasury shares. Treasury capital: · GBP 27,696,630.949273 (and 56 more like it since 20 September 2021)
- SharesStatement of capital following an allotment of shares on 23 July 2026 · GBP 652,621,770.4719 (and 10 more like it since 20 January 2022)
- FilingMemorandum and Articles of Association
- FilingResolutions (and 4 more like it since 21 July 2022)
- AccountsGroup of companies' accounts made up to 31 March 2026
- DirectorsTermination of appointment of Jonathan Silver as a director on 14 July 2026
- DirectorsTermination of appointment of John Mark Pettigrew as a director on 17 November 2025
- DirectorsAppointment of Ms Zoe Yujnovich as a director on 1 September 2025
- AccountsGroup of companies' accounts made up to 31 March 2025
- AccountsGroup of companies' accounts made up to 31 March 2024
- DirectorsAppointment of Mr Julian Baddeley as a secretary on 1 July 2024
- DirectorsTermination of appointment of Justine Campbell as a secretary on 1 July 2024
13 earlier
- DirectorsTermination of appointment of Elizabeth Anne Hewitt as a director on 31 January 2024
- DirectorsTermination of appointment of Therese Marie Esperdy as a director on 31 December 2023
- DirectorsAppointment of Mrs Jacqueline Patricia Christine Ferguson as a director on 1 January 2024
- AccountsGroup of companies' accounts made up to 31 March 2023
- AddressRegister inspection address has been changed
- AccountsGroup of companies' accounts made up to 31 March 2022
- DirectorsAppointment of Mr Iain James Mackay as a director on 11 July 2022
- DirectorsTermination of appointment of Amanda Jo Mesler as a director on 11 July 2022
- DirectorsTermination of appointment of Jonathan Donald Sherlock Dawson as a director on 11 July 2022
- DirectorsDirector's details changed for Mr John Mark Pettigrew on 1 January 2021
- DirectorsAppointment of Ms Anne Robinson as a director on 19 January 2022
- DirectorsTermination of appointment of Mark David Williamson as a director on 31 December 2021
- DirectorsSecond filing for the appointment of Martha Brown Wyrsch as a director
- Directors
From the Companies House filing history. Routine confirmation statements are left out, and a run of the same filing is shown once.
Questions people ask
›What does National Grid do?
Public limited company registered in London, classed under “Activities of head offices”.
›How much turnover does National Grid make?
Answered in the full report
›Is National Grid profitable?
Yes: it made a profit after tax of £3.24bn in the year to 31 March 2026, its latest filed accounts.
›Who runs and owns National Grid?
Its directors are Julian Baddeley, Andrew Jonathan Agg, Jacqueline Patricia Christine Ferguson, Ian Paul Livingston, Iain James Mackay and 6 more. Its owners are shown to subscribers.
›Where is National Grid based?
Its registered office is 1-3 Strand, London, WC2N 5EH, in London.
›When was National Grid founded?
National Grid PLC was incorporated on 11 July 2000.
›Is National Grid still trading?
The register lists National Grid PLC as active.