ORSTED S&D (UK) LIMITED

• ⚠

  Material uncertainty over going concern

  The financial statements have been prepared on a basis other than going concern and the assumption that the Company will not continue as a going concern. Management intends to liquidate the Company.

1. ORSTED S&D (UK) LIMITED 2017-10-30 → present
2. DONG ENERGY S&D UK LIMITED 2012-01-20 → 2017-10-30
3. DONG ENERGY SALES UK LIMITED 2011-10-11 → 2012-01-20

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have been prepared on a basis other than going concern and the assumption that the Company will not continue as a going concern. Management intends to liquidate the Company.”

Group structure

1. ORSTED S&D (UK) LIMITED · parent
   1. Orsted Sales (UK) Limited 100% · England and Wales · Natural Gas Sales
   2. Orsted Power Sales (UK) Limited 100% · England and Wales · Power Sales

Significant events

• “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 for the overall Group and that Orsted should cease supply of electricity and gas to UK businesses.”
• “The Company's two subsidiaries have been successful in executing this strategic ambition. Their focus will be on executing the closure plan efficiently while maintaining the highest standards of corporate governance and integrity. This limited activity is expected to continue until the end of 2026.”
• “While the Company's subsidiaries do not have any contracted external customers as of the end of 2024, the Board will continue to ensure that former customers have adequate levels of service should they have requests related to former periods.”
• “The financial statements have been prepared on a basis other than going concern and the assumption that the Company will not continue as a going concern. Management intends to liquidate the Company.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -61.1%

  £3,865,000 → £1,503,000

• Net assets

  -0.3%

  £1,492,000 → £1,488,000

• Employees

  —

  Not reported

• Operating profit

  +66.7%

  -£12,000 → -£4,000

• Profit before tax

  -103%

  £133,000 → -£4,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers