CompanyTrack
O

OCTOPUS ENERGY OPERATIONS LIMITED

Active London

Distribution of electricity

407 employees Website
Environment, agriculture and waste Distribution of electricity
O

OCTOPUS ENERGY OPERATIONS LIMITED

Distribution of electricity

Founded 12 Oct 2022 Active London, United Kingdom 407 employees octopus.energy
Environment, agriculture and waste Distribution of electricity
Accounts Submitted 31 Jan 2025
Confirmation Statement Submitted 14 Nov 2025
Net assets £69.80M £7.80M 2024 year on year
Total assets £3491.10M £168.60M 2024 year on year
Total Liabilities £3421.30M £176.40M 2024 year on year
Charges 2
2 outstanding

AI Analysis

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Contact & Details

Registered Address

Uk House, 5th Floor 164 - 182 Oxford Street London W1D 1NN United Kingdom

Office (Leicester)

One Colton Sq, Leicester LE1 1QH, United Kingdom

Credit Report

Discover OCTOPUS ENERGY OPERATIONS LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2023–2024)

Cash in Bank

£180.20M

Decreased by £43.00M (-19%)

Net Assets

£69.80M

Decreased by £7.80M (-10%)

Total Liabilities

£3421.30M

Increased by £176.40M (+5%)

Turnover

£2717.40M

Increased by £162.10M (+6%)

Employees

407

Decreased by 149 (-27%)

Debt Ratio

98%

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

£595.6m awarded
Show:

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

4 Allotments 160,342,793 Shares £268.34m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
30 Sept 20241£1£1
30 Sept 20241£1£1
29 Dec 20221£108.00m£108.00m
20 Dec 2022160,342,790£160.34m£1

Officers

Officers

6 active 3 resigned
Status
Christopher Robert HulattDirectorBritishUnited Kingdom4920 Dec 2022Active
Greg Sean JacksonDirectorBritishEngland5420 Dec 2022Active
James Andrew EddisonDirectorBritishUnited Kingdom5420 Dec 2022Active
John BowieDirectorAustralianAustralia4720 Dec 2022Active
Simon Andrew RogersonDirectorBritishEngland5120 Dec 2022Active
Stuart Keith JacksonDirectorBritishUnited Kingdom5320 Dec 2022Active

Shareholders

Shareholders (2)

Octopus Energy Limited
100.0%
160,342,8924 Dec 2024
Octopus Energy Retail 2022 Limited
0.0%
04 Dec 2024

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

Octopus Energy Limited

United Kingdom

Active
Notified 30 Sept 2024
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Octopus Energy Retail 2022 Limited

Ceased 30 Sept 2024

Ceased

Bulb Energy Ltd (in Energy Supply Company Administration)

Ceased 20 Dec 2022

Ceased

Group Structure

Group Structure

OCTOPUS ENERGY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
OCTOPUS ENERGY GROUP LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent, appoint/remove directors
OCTOPUS ENERGY HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
OE HOLDCO LTD united kingdom
OCTOPUS ENERGY OPERATIONS LIMITED Current Company

Charges

Charges

2 outstanding

Documents

Company Filings

DateCategoryDescriptionDocument
14 Nov 2025Confirmation StatementConfirmation statement made on 2025-11-12 with no updatesView(3 pages)
7 Oct 2025MiscellaneousReplacement filing of SH01 - 30/09/24 Statement of Capital gbp 160342892View(4 pages)
31 Jan 2025AccountsAnnual accounts made up to 2024-04-30View(54 pages)
4 Dec 2024Confirmation StatementConfirmation statement made on 2024-11-27 with updatesView(4 pages)
27 Nov 2024Persons With Significant ControlCessation of Octopus Energy Retail 2022 Limited as a person with significant control on 2024-09-30View(1 page)
14 Nov 2025 Confirmation Statement

Confirmation statement made on 2025-11-12 with no updates

7 Oct 2025 Miscellaneous

Replacement filing of SH01 - 30/09/24 Statement of Capital gbp 160342892

31 Jan 2025 Accounts

Annual accounts made up to 2024-04-30

4 Dec 2024 Confirmation Statement

Confirmation statement made on 2024-11-27 with updates

27 Nov 2024 Persons With Significant Control

Cessation of Octopus Energy Retail 2022 Limited as a person with significant control on 2024-09-30

Recent Activity

Latest Activity

Confirmation statement made on 2025-11-12 with no updates

3 months ago on 14 Nov 2025

Replacement filing of SH01 - 30/09/24 Statement of Capital gbp 160342892

4 months ago on 7 Oct 2025

Annual accounts made up to 2024-04-30

1 years ago on 31 Jan 2025

Confirmation statement made on 2024-11-27 with updates

1 years ago on 4 Dec 2024

Cessation of Octopus Energy Retail 2022 Limited as a person with significant control on 2024-09-30

1 years ago on 27 Nov 2024