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Octopus Energy

Energy supplier since October 2014

Key Dates

Launched - March 2017

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Customer service


Connections

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Companies House

OCTOPUS ENERGY LIMITED

Company number:
09263424

Full accounts available, made up to Monday 30 April 2018

Accounts next due on Friday 31 January 2020, covering period to Tuesday 30 April 2019

Company status:
ACTIVE
Company type:
Private Limited Company

Registered address:
6th Floor 33 Holborn, London, EC1N 2HT

Incorporated:
14 October 2014

Charges over the company

  • Delivered: 04 October 2019
    Party: Wales & West Utilities
    Status: Outstanding
  • Delivered: 05 March 2018
    Party: Shell
    Status: Outstanding
  • Delivered: 18 December 2015
    Party: Octopus Capital Limited as Security Trustee
    Status: Outstanding

Market entry provider

UtiliGroup

Finances

Companies House
(£m) 2016 info_outline20172018
Revenue 0.0535.242129.2
Cost of sales (0.16)(36.394)(123.389)
Gross profit/(loss) (0.11)(1.152)5.811
Admin expenses (0.738)(5.486)(11.17)
Operating profit/(loss) (0.848)(6.638)(5.359)
Gross Margin (220%)(3.3%)4.5%
Net Margin (1696%)(18.8%)(4.1%)

Company Accounts


Persons with significant control

    OCTOPUS ENERGY LIMITED


    1. Octopus Energy Holdings Limited
      From: 2016-04-06
      • Ownership of shares - 75% or more
      • Voting rights - 75% or more
      • Right to appoint and remove directors
      1. Mr James Andrew Eddison
        From: 2016-04-06
      2. Mr Stuart Keith Jackson
        From: 2016-04-06
      3. Octopus Energy Group Limited
        From: 2016-04-06
        1. subdirectory_arrow_rightOctopus Capital Limited
          From: 2016-04-06



News

18 September 2019
View London Power

Mayor announces ‘London Power’ – a new, fairer energy company

The Mayor of London, Sadiq Khan, today announced plans for a new, fair-priced, green energy company, available exclusively to Londoners from this December. London Power is a partnership between the Mayor and Octopus Energy, the only Which? Approved energy supplier in the UK. Any profits made by City Hall will be reinvested into community projects to help tackle fuel poverty and make London a zero-carbon city. Octopus Energy were chosen following a rigorous open procurement process conducted by City Hall and TfL.

Mayor of London