DRAX POWER LIMITED
ActiveKey figures
† DRAX POWER LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.
Ratios
2025Sector comparison
SIC 35110Where the company stands among the 10,500 active companies whose first SIC code is 35110 (Production of electricity).
- ORSTED POWER (UK) LIMITED£5.7bn
- EDF ENERGY NUCLEAR GENERATION LIMITED£4.1bn
- CENTRICA PLC£3.5bn
- EDF ENERGY LIMITED£2.5bn
- DRAX POWER LIMITED£2.4bn
- RWE GENERATION UK PLC£2.1bn
- RWE RENEWABLES UK SWINDON LIMITED£1.7bn
- VATTENFALL WIND POWER LTD£1.7bn
- LIGHTSOURCE TITAN LIMITED£1.5bn
- EDF ENERGY NUCLEAR GENERATION GROUP LIMITED£993m
Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 10,500. The line on each bar marks the median.
Summary: DRAX POWER LIMITED
What kind of company is it?
DRAX POWER LIMITED is a private limited company registered with Companies House under company number 04883589. It was incorporated on 1 Sep 2003. Its status is active. The registered office is in Selby (YO8). Its nature of business (SIC 2007) is production of electricity (35110).
How is the company doing financially?
The latest accounts in the database are for 2025 (period ending 31 Dec 2025); the company files full accounts. Turnover was £4,368,000,000. Profit for the year was £465,900,000. Net assets were £2,385,200,000, up 20.4% on the previous year. Cash at bank and in hand was £36,200,000. Total assets were £3,411,400,000 and total liabilities £970,600,000. Figures are available for 2 financial years (2024–2025).
How does it compare with similar companies?
Compared with 10,500 active companies whose first SIC code is 35110: By turnover it ranks higher than 99% of the 1,579 that publish turnover (median £1,257,331). By net assets it ranks higher than 99% of them (median £26,000). By total assets it ranks higher than 99% of them (median £774,149). By cash it ranks higher than 99% of them (median £85,066). It is older than 96% of them (median age 8.5 years).
Does it supply the public sector?
The company is named as a supplier in 7 public contract award notices from 4 public sector buyers since 2022. Contracts awarded to it alone have a combined published value of £100.4m. Its most frequent buyer is Rochdale Metropolitan Borough Council (2 contracts).
What do public registers and reports show?
It appears on the Home Office register of licensed sponsors (Global Business Mobility: Senior or Specialist Worker, Skilled Worker). HMRC lists it as an importer of goods, mainly vegetable plaiting materials, wood, machinery. In its latest payment practices report it took an average of 50 days to pay suppliers, and 19% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 14.9% lower than for men. It has modern slavery statements on the government registry for 6 years.
Who runs and controls the company?
One person with significant control is registered. 30 of 44 registered charges are outstanding.
When are its next filings due?
The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 3 Aug 2027.
Filed accounts2024–2025
| 2024 † | 2025 † | |
|---|---|---|
| Turnover | 4,962,400,000 | 4,368,000,000 |
| Profit for the year | 589,200,000 | 465,900,000 |
| Cash at bank and in hand | 27,000,000 | 36,200,000 |
| Total assets | 3,232,600,000 | 3,411,400,000 |
| Total liabilities | 1,186,500,000 | 970,600,000 |
| Net assets / total equity | 1,980,300,000 | 2,385,200,000 |
| Average number of employees | 653 | — |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Public contracts
7 contractsDRAX POWER LIMITED is named as a supplier in 7 public contract award notices from 4 public sector buyers since 2022. Their combined published value is £100.4m.
- Rochdale Metropolitan Borough Council
- 2 contracts · £44.7m
- Trafford Council
- 2 contracts · £27.8m
- Stockport Metropolitan Borough Council
- 2 contracts · £27.8m
- Polegate Town Council
- 1 contract · £65.9k
- Drax Energy Solutions LtdPolegate Town Council · £65,901
- Supply of Half-Hourly (HH) & Street Lighting Electricity 2023 (Trafford)‡Trafford Council · £20,935,734
- Supply of Non Half-Hourly (NHH) Electricity 2023‡Trafford Council · £6,902,864
- Supply of Non Half-Hourly (NHH) Electricity 2023 (Rochdale)‡Rochdale Metropolitan Borough Council · £9,023,746
- Suppy of Half-Hourly (HH) & Street Lighting Electricity 2023 (Rochdale)‡Rochdale Metropolitan Borough Council · £35,704,353
Show 2 more
- Supply of Half-Hourly (HH) & Street Lighting Electricity 2023‡Stockport Metropolitan Borough Council · £15,782,032
- Supply of Non Half-Hourly (NHH) Electricity 2023‡Stockport Metropolitan Borough Council · £11,989,637
From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.
Statutory reporting
- Average time taken to pay invoices
- 50 days
- Invoices not paid within agreed terms
- 19%
- Standard payment terms
- 0–60 days
- Member of a payment code
- No
- Within 30 days 29%
- 31 to 60 days 55%
- After 60 days 16%
Earlier periods (7)
- Period ending
- Days to pay
- Within 30 days
- Late
- 31 Dec 2025
- 49
- 34%
- 14%
- 30 Jun 2025
- 62
- 32%
- 17%
- 31 Dec 2024
- 54
- 32%
- 15%
- 30 Jun 2024
- 54
- 32%
- 21%
- 31 Dec 2023
- 57
- 30%
- 25%
- 30 Jun 2023
- 48
- 40%
- 31%
- 31 Dec 2022
- 48
- 34%
- 19%
- Median hourly pay
- women 14.9% lower
- Mean hourly pay
- women 12.2% lower
- Median bonus pay
- women 19.7% lower
- Employer size
- 1000 to 4999 employees
Earlier years (8)
- Year
- Median hourly pay
- Mean hourly pay
- 2024/25
- women 14.8% lower
- women 12.6% lower
- 2023/24
- women 14.8% lower
- women 10.8% lower
- 2022/23
- women 14.4% lower
- women 10.2% lower
- 2021/22
- women 14.4% lower
- women 10.5% lower
- 2020/21
- women 20.6% lower
- women 14.6% lower
- 2019/20
- women 18.1% lower
- women 12.2% lower
- 2018/19
- women 19.7% lower
- women 13.9% lower
- 2017/18
- women 18.3% lower
- women 6.2% lower
A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service
- 2026
- Statement · summary on GOV.UK · group statement (DRAX GROUP PLC)
- 2025
- Statement · summary on GOV.UK · group statement (DRAX GROUP PLC)
- 2024
- Statement · summary on GOV.UK · group statement (DRAX GROUP PLC)
Earlier years (3)
- 2023
- Statement · summary on GOV.UK · group statement (DRAX GROUP PLC)
- 2022
- Statement · summary on GOV.UK · group statement (DRAX GROUP PLC)
- 2021
- Statement · summary on GOV.UK · group statement (DRAX GROUP PLC)
Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.
Registers and licences
- Licence type and rating
- Worker (A rating)
- Routes
- Global Business Mobility: Senior or Specialist Worker, Skilled Worker
On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.
Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: vegetable plaiting materials, wood, machinery, ceramics and electrical equipment.
From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.
Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.
History
6 events- Financial year 2025 endedAccounts: turnover £4.4bn, net assets £2.4bn
- Financial year 2024 endedAccounts: turnover £5bn, net assets £2bn, 653 employees
- Drax Smart Generation Holdco Limited registered as a person with significant control
- Drax Finance Limited registered as a person with significant control
- Drax Finance Limited ceased to be a person with significant control
- Company incorporatedPrivate limited company
Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.