ORSTED POWER (UK) LIMITED

Active
Company number 04984787Private limited companyIncorporated 2003

Key figures

£5,679,848,267+69.5%
Net assets 2024
+69.5%
Average annual growth 2023–2024
02 bn4 bn6 bn20232024

† ORSTED POWER (UK) 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

2024

Sector comparison

SIC 35110

Where the company stands among the 10,500 active companies whose first SIC code is 35110 (Production of electricity).

Turnover£399,567,945
Higher than 99% · median £1,257,331 among 1,579 that publish turnover
Net assets£5,679,848,267
Higher than 99% · median £26,000
Total assets£5,679,848,267
Higher than 99% · median £774,149
Cash£1,608,068,663
Higher than 99% · median £85,066
Employees1,136
Higher than 99% · median 0
Company age22.9 years
Older than 96% · median 8.5 years

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: ORSTED POWER (UK) LIMITED

What kind of company is it?

ORSTED POWER (UK) LIMITED is a private limited company registered with Companies House under company number 04984787. It was incorporated on 4 Dec 2003. Its status is active. The registered office is in London (SW1P). 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 2024 (period ending 31 Dec 2024); the company files full accounts. Turnover was £399,567,945. Profit for the year was £1,210,938,131. Net assets were £5,679,848,267, up 69.5% on the previous year. Cash at bank and in hand was £1,608,068,663. Total assets were £5,679,848,267 and total liabilities £2,117,179,445. The company had an average of 1,136 employees. Figures are available for 2 financial years (2023–2024).

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). By number of employees it ranks higher than 99% of them (median 0). It is older than 96% of them (median age 8.5 years).

Has it received government grants?

It is recorded as the recipient of 3 central government grants worth £389.1k, mainly from Department for Science, Innovation and Technology.

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Global Business Mobility: Graduate Trainee, Global Business Mobility: Senior or Specialist Worker, Skilled Worker). HMRC lists it as an importer of goods, mainly machinery, electrical equipment, iron and steel articles. HMRC lists it as an exporter of goods, mainly electrical equipment, optical, medical and measuring instruments, leather goods and bags. In its latest payment practices report it took an average of 38 days to pay suppliers, and 11% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 7.4% higher than for men. It has modern slavery statements on the government registry for 7 years.

Who runs and controls the company?

One person with significant control is registered. 7 of 7 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 17 Dec 2026.

Filed accounts2023–2024
2023 †2024 †
Turnover—399,567,945
Profit for the year1,273,548,2511,210,938,131
Cash at bank and in hand1,692,7211,608,068,663
Total assets5,241,098,9015,679,848,267
Total liabilities1,889,862,1202,117,179,445
Net assets / total equity3,351,236,7815,679,848,267
Average number of employees1,1241,136

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.

Government grants

3 grants

ORSTED POWER (UK) LIMITED is recorded as the recipient of 3 central government grants since 2022, together worth £389.1k.

Funders
Department for Science, Innovation and Technology
2 grants · £209.4k
Department for Business, Energy and Industrial Strategy
1 grant · £179.7k
Grants
  1. Demonstration of 12pax fully-electric hydrofoiling Crew Transfer VesselDepartment for Science, Innovation and Technology · £191,240 · UKRI - Innovate UK - Scheme
  2. Demonstration of 12pax fully-electric hydrofoiling Crew Transfer VesselDepartment for Science, Innovation and Technology · £18,165 · UKRI - Innovate UK - Scheme
  3. Safety Net Phase IIDepartment for Business, Energy and Industrial Strategy · £179,740 · UKRI - Innovate UK - Scheme 22/23

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Statutory reporting

Payment practices1 Jan 2026 – 30 Jun 2026
Average time taken to pay invoices
38 days
Invoices not paid within agreed terms
11%
Standard payment terms
30–60 days
Member of a payment code
No
  • Within 30 days 55%
  • 31 to 60 days 41%
  • After 60 days 4%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
31 Dec 2025
44
58%
12%
30 Jun 2025
37
57%
13%
31 Dec 2024
37
55%
13%
30 Jun 2024
37
55%
17%
31 Dec 2023
33
63%
16%
30 Jun 2023
35
65%
13%
31 Dec 2022
32
66%
14%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 7.4% higher
Mean hourly pay
women 2.1% lower
Employer size
1000 to 4999 employees
Lower pay quarter23.3% womenLower middle14.5% womenUpper middle24.2% womenUpper pay quarter24.4% women
Earlier years (8)
Year
Median hourly pay
Mean hourly pay
2024/25
women 7.7% higher
women 2% higher
2023/24
women 6.7% higher
women 0.4% higher
2022/23
women 6.8% higher
women 0.3% higher
2021/22
women 4.4% higher
women 0.6% lower
2020/21
women 0.3% higher
women 4% lower
2019/20
women 3.8% higher
women 8.7% lower
2018/19
women 0.1% lower
women 8.2% lower
2017/18
women 1.3% higher
women 2.7% 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

Modern slavery statements7
2026
Statement · summary on GOV.UK · group statement (ORSTED WIND POWER A/S)
2025
Statement · summary on GOV.UK · group statement (ORSTED WIND POWER A/S)
2024
Statement · summary on GOV.UK · group statement (ORSTED WIND POWER A/S)
Earlier years (4)
2023
Statement · summary on GOV.UK · group statement
2022
Statement · summary on GOV.UK · group statement (ORSTED WIND POWER A/S)
2021
Statement · summary on GOV.UK · group statement (ORSTED WIND POWER A/S)
2020
Statement · summary on GOV.UK · group statement (LINCS WIND FARM LIMITED)

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

Sponsor licence‡
Licence type and rating
Temporary Worker (A rating), Worker (A rating)
Routes
Global Business Mobility: Graduate Trainee, 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.

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: machinery, electrical equipment, iron and steel articles, plastics and optical, medical and measuring instruments.

Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: electrical equipment, optical, medical and measuring instruments, leather goods and bags, woven clothing and iron and steel articles.

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
  1. Financial year 2024 endedAccounts: turnover £399.6m, net assets £5.7bn, 1,136 employees
  2. Financial year 2023 endedAccounts: net assets £3.4bn, 1,124 employees
  3. Name changed to ORSTED POWER (UK) LIMITEDPreviously DONG ENERGY POWER (UK) LIMITED
  4. Ørsted A/S registered as a person with significant control
  5. Name changed to DONG ENERGY POWER (UK) LIMITEDPreviously DONG WIND (UK) LIMITED
  6. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.