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Bulb Energy

Energy supplier since 27 August 2015

Key Dates

Launched - 27 August 2015
Licence Granted - 17 July 2013

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Customer service


Connections

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Market entry provider
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Companies House

BULB ENERGY LTD

Company number:
08469555

Full accounts available, made up to Saturday 31 March 2018

Accounts next due on Tuesday 31 December 2019, covering period to Sunday 31 March 2019

Company status:
ACTIVE
Company type:
Private Limited Company

Registered address:
155 Bishopsgate, London, EC2M 3TQ

Incorporated:
02 April 2013

Charges over the company

  • Delivered: 17 December 2018
    Party: Bny Mellon
    Status: Outstanding
  • Delivered: 14 December 2017
    Party: Bny Mellon
    Status: Fully satisfied on 31 August 2018

Market entry provider

Utiliteam

Finances

Companies House
(£m) 2017 info_outline2018
Revenue 10.036182.8
Cost of sales (9.391)(170.7)
Gross profit/(loss) 0.64512.1
Admin expenses (2.629)(35.8)
Operating profit/(loss) (1.984)(23.7)
Gross Margin 6.4%6.6%
Net Margin (19.8%)(13%)

Company Accounts


Persons with significant control

    BULB ENERGY LTD


    1. Simple Energy Limited
      From: 2016-04-06
      • Ownership of shares - 75% or more
      • Voting rights - 75% or more
      • Right to appoint and remove directors
      1. Mr Amit Gudka
        From: 2016-04-06
      2. Mr Hayden Wood
        From: 2016-04-06



News

27 December 2018
Bulb energy company targets one million customers as it takes on the ‘big six’

Small energy company Bulb aims to sign up a million customers in 2019, and has its sights on overtaking one of the “big six” energy providers in the next five years, according to the firm’s founder.

iNews

10 September 2018
17 August 2018
Bulb lands £60 million investment to strengthen energy tech team

The company has received investment from DST Global and Magnetar, two established international investors, with the funding set to be used to recruit additional engineers and energy experts to strengthen its customer offering.

Current News

Bulb Energy goes up for sale - and could fetch £500m19 August 2018 | The Telegraph | Login required

Bulb receives £60m investment to expand energy team17 August 2018 | Utility Week | Login required