ORSTED SALES (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-14 (in 6mo)
Last made up 2025-10-31
Watchouts
Cash
£10K
Latest balance sheet
Net assets
£54M
+10.5% vs 2023
Employees
0
-100% vs 2023
Profit before tax
£5M
-76.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The Company exited its existing supply contracts during 2022 and since then any remaining activity in the business has been limited to ensuring that the Company remains fully compliant with industry regulations and customer service commitments after the contracts have been terminated. This limited activity is expected to continue until the end of 2026. Once the Company has finished complying with its existing commitments, the intention of the directors is to liquidate the Company. The Company is considered to have ceased trading and as such the financial statements have been prepared on a basis other than going concern. As a result, all assets and liabilities have been recognised as current, and all asset values have been written down to their realisable values. The comparative information presented in the Company financial statements was also prepared on a basis other going concern.
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £10,381,000 | £151,000 | |
| Operating profit | £19,370,000 | £1,875,000 | |
| Profit before tax | £22,409,000 | £5,205,000 | |
| Net profit | £22,646,000 | £5,175,000 | |
| Cash | — | £10,000 | |
| Total assets less current liabilities | £49,162,000 | £54,337,000 | |
| Net assets | £49,162,000 | £54,337,000 | |
| Equity | £49,162,000 | £54,337,000 | |
| Average employees | 6 | 0 | |
| Wages | £503,000 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 186.6% | 1241.7% | |
| Net margin | 218.1% | 3427.2% | |
| Return on capital employed | 39.4% | 3.5% | |
| Current ratio | 2.46x | 13.14x | |
| Interest cover | 168.43x | 60.48x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Qualified
- Going concern
- Material uncertainty disclosed
“The Company exited its existing supply contracts during 2022 and since then any remaining activity in the business has been limited to ensuring that the Company remains fully compliant with industry regulations and customer service commitments after the contracts have been terminated. This limited activity is expected to continue until the end of 2026. Once the Company has finished complying with its existing commitments, the intention of the directors is to liquidate the Company. The Company is considered to have ceased trading and as such the financial statements have been prepared on a basis other than going concern. As a result, all assets and liabilities have been recognised as current, and all asset values have been written down to their realisable values. The comparative information presented in the Company financial statements was also prepared on a basis other going concern.”
Significant events
- “The Company is currently in the process of exiting the market. As part of the Orsted Group strategy review in February 2021, it was decided that B2B supply customers in the UK no longer fit with the vision of the overall Group and that Orsted should cease supply of electricity and gas to UK businesses. The business developed a plan approved by the Board of Directors to terminate the remaining supply contracts by the end of 2022 and to execute an orderly exit from the market. Once the Company has finished complying with its existing commitments, the intention of the directors is to liquidate the Company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 71 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BODAL HANSEN, Richard | Director | 2023-05-01 | Jun 1979 | British |
| GARNAES, Christian | Director | 2023-05-01 | May 1974 | Danish |
Show 71 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUCHAN, Charles James | Secretary | 1998-11-30 | 2000-05-22 |
| DAVIES, Gary Cyril | Secretary | — | 1994-07-25 |
| FINCH, Peta Lesley | Secretary | 1994-07-25 | 1997-05-30 |
| WATSON, Deirdre Mary Alison | Secretary | 1997-05-30 | 1998-11-30 |
| SHELL CORPORATE SECRETARY LIMITED | Corporate Secretary | 2000-05-22 | 2012-04-30 |
| ALDEN, Christopher Kenneth | Director | 1994-03-17 | 1995-03-01 |
| ANDERSEN, Allan Bødskov | Director | 2017-08-18 | 2019-09-03 |
| ASBOE, Peter | Director | 2012-04-30 | 2013-06-04 |
| ATROSHENKO, Andrey | Director | 2022-04-01 | 2023-05-01 |
| BAAN, Paul Etienne | Director | 2018-03-06 | 2019-12-31 |
| BIEREMA, Renger Pieter | Director | 1998-03-23 | 2002-09-13 |
| BOTTS, Thomas Michael | Director | 1998-04-28 | 2000-10-30 |
| BOUL, Arnold David, Dr | Director | — | 1993-10-11 |
| BRADSHAW, Ian Jonathan | Director | 2002-12-02 | 2004-12-01 |
| BRANDT, Mikael | Director | 2019-09-04 | 2021-03-18 |
| BRANDT, Mikael, Mr. | Director | 2013-10-28 | 2017-08-18 |
| BRINDED, Malcolm Arthur | Director | 1998-07-01 | 2001-02-13 |
| BUNDGAARD-JORGENSEN, Rune Sonne | Director | 2021-03-18 | 2024-12-16 |
| CATES, Andrew Thomas | Director | 2001-02-13 | 2003-10-06 |
| CLARK, Duncan Guy | Director | 2021-03-18 | 2025-12-08 |
| CLAUSEN, Lars Erik | Director | 2012-04-30 | 2013-06-04 |
| CLAUSEN, Lars Erik | Director | 2003-12-01 | 2006-11-13 |
| COOKE, Francis Peter | Director | 1996-02-27 | 1997-05-30 |
| CREMERS, Frans Jozef Gerlach | Director | 1995-11-01 | 1996-08-08 |
| DANIELSEN, Lars Brinch | Director | 2018-11-22 | 2021-03-18 |
| DEN BOER, Evert Geert | Director | 2012-04-30 | 2015-01-08 |
| DINGLE, Philip John | Director | 1993-02-01 | 1994-12-31 |
| EGGINK, Casper Frank | Director | 2006-02-10 | 2010-01-01 |
| ERDODY, John Rudloph | Director | — | 1996-01-22 |
| FAIR, Paul Timothy | Director | 1995-10-01 | 1997-05-30 |
| FAIR, Paul Timothy | Director | 1993-10-11 | 1993-12-01 |
| FAY, Christopher Ernest, Dr | Director | 1997-05-30 | 1998-12-31 |
| FAY, Christopher Ernest, Dr | Director | — | 1993-12-01 |
| GILLON, David Hugh | Director | 2001-02-13 | 2001-09-26 |
| GRAY, Matthew Richard | Director | 2003-10-01 | 2007-09-10 |
| HALSTEAD, Christopher John | Director | — | 1997-07-31 |
| HAMILTON, Brian | Director | 1996-01-22 | 1997-05-30 |
| HITCHCOCK, Rick | Director | 2015-06-02 | 2021-07-31 |
| HOGG, Michael James | Director | 2007-03-26 | 2014-11-03 |
| HULTBERG BUCHGREITZ, Morten | Director | 2013-06-04 | 2021-02-04 |
| HUYSINGA, Tjerk Pieter Karel | Director | 2001-02-13 | 2006-01-16 |
| KIIL, Mikkel Sjølin | Director | 2015-01-08 | 2018-03-06 |
| LENNON, Darren William | Director | 2015-06-02 | 2016-04-04 |
| LETRAS, Joseph Manuel Valente | Director | 2011-07-01 | 2015-05-29 |
| MOULTON, John Peter | Director | 2003-12-01 | 2005-12-31 |
| O'CALLAGHAN, Karl Michael | Director | 2002-09-13 | 2004-12-01 |
| PHILLIPS, David Ashley, Mr. | Director | 2016-09-13 | 2022-03-31 |
| PITT, George Nicholas Edward | Director | 2015-06-02 | 2018-09-30 |
| RICHARDSON, Stuart | Director | 2022-04-01 | 2023-05-01 |
| ROBBE, Engelhardt Marinus | Director | 1999-12-17 | 2001-02-13 |
| ROTHERMUND, Heinz Charles | Director | 1994-02-01 | 1998-06-30 |
| RYAN, Denis Pointon, Mr. | Director | — | 1994-03-17 |
| SAWERS, Timothy Guy | Director | 1995-03-01 | 1995-10-01 |
| SHARP, David | Director | 1995-11-01 | 1997-05-30 |
| SLOAN, Christopher David | Director | 2001-09-18 | 2003-12-01 |
| SNODGRASS, Kenneth William | Director | 2010-03-01 | 2012-04-30 |
| SORENSEN, Line | Director | 2006-05-03 | 2011-01-31 |
| SPIEKERMANN, Klaus | Director | 2002-09-13 | 2003-10-01 |
| STEELE, John Hamilton | Director | 1995-01-01 | 1996-01-24 |
| TAYLOR, Keith Henry | Director | — | 1993-02-01 |
| TESTER, Stuart Alan | Director | 1997-05-30 | 2006-04-30 |
| TRIMMER, Paul John Vincent | Director | 2003-10-06 | 2010-01-01 |
| TROOST, Kerst Klaas | Director | 1996-08-08 | 1999-12-17 |
| VASSIE, Gary Spence | Director | 1994-07-18 | 1998-06-30 |
| WARD, Peter Adrian, Mr. | Director | 1997-11-14 | 2001-02-13 |
| WATSON, Charles Hugh Easton | Director | 1993-12-01 | 1996-02-27 |
| WHITTINGHAM, Jeffrey | Director | 2014-11-03 | 2018-09-26 |
| WIINHOLT, Marianne | Director | 2013-06-04 | 2013-10-28 |
| WILLIAMSON, Anthony Jay | Director | 2008-05-16 | 2015-04-10 |
| WORBY, Peter John | Director | 2010-03-01 | 2012-04-30 |
| WYBREW-BOND, Ian | Director | — | 1994-07-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Orsted S&D (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 281 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-25 | AA | accounts | Accounts with accounts type full | |
| 2025-12-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-19 | AA | accounts | Accounts with accounts type full | |
| 2025-05-16 | CH01 | officers | Change person director company with change date | |
| 2024-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-17 | AA | accounts | Accounts with accounts type full | |
| 2023-05-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-02 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-22 | AA | accounts | Accounts with accounts type full | |
| 2022-10-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-04 | AD04 | address | Move registers to registered office company with new address | |
| 2022-04-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2021-12-20 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-98.5%
£10,381,000 £151,000
-
Cash
—
Not reported
-
Net assets
+10.5%
£49,162,000 £54,337,000
-
Employees
-100%
6 0
-
Operating profit
-90.3%
£19,370,000 £1,875,000
-
Profit before tax
-76.8%
£22,409,000 £5,205,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers