ORSTED POWER SALES (UK) LIMITED

Active
Company number 07489052Private limited companyIncorporated 2011

Key figures

£47,532,000+4.6%
Net assets 2024
+4.6%
Average annual growth 2023–2024
020 m40 m60 m20232024

† ORSTED POWER SALES (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 35140

Where the company stands among the 2,129 active companies whose first SIC code is 35140 (Trade of electricity).

Turnover−£253,000
Lower than 99% · median £5,920,166 among 117 that publish turnover
Net assets£47,532,000
Higher than 98% · median £7,306
Total assets£47,882,000
Higher than 96% · median £50,000
Cash£41,804,000
Higher than 98% · median £27,966
Company age15.8 years
Older than 89% · median 6.6 years
Largest in this sector by net assets
  1. CENTRICA ENERGY MARKETING LIMITED£850.5m
  2. POWER NI ENERGY LIMITED£223.3m
  3. AXPO UK LIMITED£209.5m
  4. POZITIVE ENERGY LTD£193.8m
  5. DRAX ENERGY SOLUTIONS LIMITED£189.2m
  6. MC GFS INVESTMENT COMPANY LIMITED£117.8m
  7. TTEP UK&I INVESTMENTS LTD£116.5m
  8. FOXGLOVE ENERGY SUPPLY LTD£113.2m
  9. CONSTELLATION GENERATION LIMITED£94.3m
  10. PIAZZA HOLDCO 2 LTD£94m

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 2,129. The line on each bar marks the median.

Summary: ORSTED POWER SALES (UK) LIMITED

What kind of company is it?

ORSTED POWER SALES (UK) LIMITED is a private limited company registered with Companies House under company number 07489052. It was incorporated on 11 Jan 2011. Its status is active. The registered office is in London (SW1P). Its nature of business (SIC 2007) is trade of electricity (35140).

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 −£253,000. Net assets were £47,532,000, up 4.6% on the previous year. Cash at bank and in hand was £41,804,000. Figures are available for 2 financial years (2023–2024).

How does it compare with similar companies?

Compared with 2,129 active companies whose first SIC code is 35140: By turnover it ranks lower than 99% of the 117 that publish turnover (median £5,920,166). By net assets it ranks higher than 98% of them (median £7,306). By total assets it ranks higher than 96% of them (median £50,000). By cash it ranks higher than 98% of them (median £27,966). It is older than 89% of them (median age 6.6 years).

Does it supply the public sector?

The company is named as the supplier in one public contract award notice, from Salford City Council. 1 of the awards is shared with other suppliers, typically framework agreements. It is recorded as the recipient of one central government grant worth £99.7k, from Department for Business, Energy and Industrial Strategy.

What do public registers and reports show?

It has modern slavery statements on the government registry for 4 years.

Who runs and controls the company?

One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 25 Jan 2027.

Filed accounts2023–2024
2023 †2024 †
Turnover14,239,000-253,000
Cash at bank and in hand12,477,00041,804,000
Total assets45,688,00047,882,000
Total liabilities——
Net assets / total equity45,443,00047,532,000

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

1 contract

ORSTED POWER SALES (UK) LIMITED is named as a supplier in 1 public contract award notice from Salford City Council. 1 award is shared with other suppliers.

Contract
  1. Supply of electricity contracts covering the sites under Salford Council‡Salford City Council · shared by 2 suppliers, up to £6,444,594 in total

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.

Government grants

1 grant

ORSTED POWER SALES (UK) LIMITED is recorded as the recipient of 1 central government grant, worth £99.7k.

Grant
  1. Energy Bill Relief Scheme (GB)Department for Business, Energy and Industrial Strategy · £99,745 · Energy Bill Relief Scheme Great Britain and Northern Ireland (EBRS GB&NI)

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 2024 – 30 Jun 2024

No payments to suppliers were reported for this period.

View the latest report on GOV.UK

Modern slavery statements4
2023
Statement · summary on GOV.UK · group statement (ORSTED POWER (UK) LIMITED)
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)
Earlier years (1)
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.

History

6 events
  1. Financial year 2024 endedAccounts: turnover −£253k, net assets £47.5m
  2. Financial year 2023 endedAccounts: turnover £14.2m, net assets £45.4m
  3. Name changed to ORSTED POWER SALES (UK) LIMITEDPreviously DONG ENERGY POWER SALES UK LIMITED
  4. Orsted S&D (Uk) Limited registered as a person with significant control
  5. Name changed to DONG ENERGY POWER SALES UK LIMITEDPreviously MAGNETIC ENERGY SUPPLY 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.