ORSTED SALES (UK) LIMITED

5 HOWICK PLACE, LONDON, SW1P 1WG

Previous name: DONG ENERGY SALES (UK) LIMITED (changed on 30-Oct-2017)
Previous name: SHELL GAS DIRECT LIMITED (changed on 01-May-2012)

Company Number: 02405635
Incorporation date: 18-Jul-1989
Status: Active
Entity type: Private Limited Company

SIC codes:
35230 Trade of gas through mains





SUMMARY

This company is 34.7 years old and is currently active. It is controlled by Orsted S&D (Uk) Limited. The company has positive equity (net assets) of GBP 15.6 million which has decreased from the previous year's figure of GBP 27.5 million. The latest reported revenue figure is GBP 39 thousand which is down -100% on the previous year. Retained earnings is negative (GBP -23.4 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 4 active officers (directors or partners) who are or were officers of 19 other companies, 3 (15.8%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2018 GBP 39,000 287,000 2,354,000
31-Dec-2017 GBP 439,663,000 498,000
31-Dec-2016 GBP 400,435,000 363,000 569,000
31-Dec-2015 GBP 520,676,000 104,000 980,000
31-Dec-2014 GBP 630,056,000 -3,763,000 297,000 108,000 773,000 -2,801,000
31-Dec-2013 GBP 709,177,000 935,000 277,000 185,000 278,000 749,000
31-Dec-2012 GBP 660,084,000 636,000 293,000 165,000 1,781,000 2,545,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2018 GBP 266,000 209,382,000 38,978,000 -23,360,000 15,618,000
31-Dec-2017 GBP 4,051,000 172,149,000 38,978,000 -11,520,000 27,458,000
31-Dec-2016 GBP 1,681,000 141,699,000 38,978,000 -6,322,000 32,656,000
31-Dec-2015 GBP 3,560,000 117,708,000 23,978,000 21,805,000
31-Dec-2014 GBP 365,000 118,230,000 23,978,000 2,439,000 26,417,000
31-Dec-2013 GBP 210,000 144,979,000 23,978,000 5,240,000 29,218,000
31-Dec-2012 GBP 2,850,000 133,720,000 23,978,000 4,491,000 28,469,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2016 GBP 38.48% 15,000,000 23,978,000 38,978,000 28,857,500
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned SHELL CORPORATE SECRETARY LIMITED 22 May 2000 30 Apr 2012 11 - 177
Resigned Charles James BUCHAN 30 Nov 1998 22 May 2000 0 - 87
Resigned Deirdre Mary Alison WATSON 30 May 1997 30 Nov 1998 6 - 96
Resigned Peta Lesley FINCH 25 Jul 1994 30 May 1997 0 - 22
Resigned Gary Cyril DAVIES 25 Jul 1994 0 - 13

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Christian GARNAES 01 May 2023 Company Director Danish 1 - 00 (0.0%)
Active Richard BODAL HANSEN 01 May 2023 Company Director British 2 - 00 (0.0%)
Resigned Stuart RICHARDSON 01 Apr 2022 01 May 2023 Company Director British 0 - 20 (0.0%)
Resigned Andrey ATROSHENKO 01 Apr 2022 01 May 2023 Company Director Russian 0 - 20 (0.0%)
Active Rune Sonne BUNDGAARD-JORGENSEN 18 Mar 2021 Company Director Danish 3 - 11 (25.0%)
Active Duncan Guy CLARK 18 Mar 2021 Company Director British 8 - 124 (20.0%)
Resigned Mikael BRANDT 04 Sep 2019 18 Mar 2021 Company Director Danish 3 - 52 (25.0%)
Resigned Lars Brinch DANIELSEN 22 Nov 2018 18 Mar 2021 Company Director Danish 0 - 31 (33.3%)
Resigned Paul Etienne BAAN 06 Mar 2018 31 Dec 2019 Director Dutch 0 - 31 (33.3%)
Resigned Allan Bødskov ANDERSEN 18 Aug 2017 03 Sep 2019 Snr Vice President,Finance Dcs & Treasury Risk Mgt Danish 0 - 21 (50.0%)
Resigned David Ashley PHILLIPS 13 Sep 2016 31 Mar 2022 Sales & Marketing Director British 0 - 41 (25.0%)
Resigned Darren William LENNON 02 Jun 2015 04 Apr 2016 Sales Director British 0 - 20 (0.0%)
Resigned Rick HITCHCOCK 02 Jun 2015 31 Jul 2021 Uk Operations Director British 0 - 31 (33.3%)
Resigned George Nicholas Edward PITT 02 Jun 2015 30 Sep 2018 Finance Director British 3 - 31 (16.7%)
Resigned Mikkel Sjølin KIIL 08 Jan 2015 06 Mar 2018 Senior Director Danish 0 - 31 (33.3%)
Resigned Jeffrey WHITTINGHAM 03 Nov 2014 26 Sep 2018 Director British 3 - 137 (43.8%)
Resigned Mikael BRANDT 28 Oct 2013 18 Aug 2017 Senior Vice President Denmark 0 - 20 (0.0%)
Resigned Marianne WIINHOLT 04 Jun 2013 28 Oct 2013 Senior Vice President British 0 - 20 (0.0%)
Resigned Morten HULTBERG BUCHGREITZ 04 Jun 2013 04 Feb 2021 Executive Vice President Danish 0 - 20 (0.0%)
Resigned Peter ASBOE 30 Apr 2012 04 Jun 2013 Finance Manager Danish 0 - 10 (0.0%)
Resigned Evert Geert DEN BOER 30 Apr 2012 08 Jan 2015 Senior Vice President Dutch 0 - 10 (0.0%)
Resigned Lars Erik CLAUSEN 30 Apr 2012 04 Jun 2013 Executive Vice President - Energy Danish 0 - 10 (0.0%)
Resigned Joseph Manuel Valente LETRAS 01 Jul 2011 29 May 2015 Oil Company Executive Portuguese 0 - 20 (0.0%)
Resigned Kenneth William SNODGRASS 01 Mar 2010 30 Apr 2012 Oil Company Executive Us Citizen 0 - 10 (0.0%)
Resigned Peter John WORBY 01 Mar 2010 30 Apr 2012 Oil Company Executive British 0 - 20 (0.0%)
Resigned Anthony Jay WILLIAMSON 16 May 2008 10 Apr 2015 Oil Company Executive British 1 - 30 (0.0%)
Resigned Michael James HOGG 26 Mar 2007 03 Nov 2014 Energy Company Executive British 4 - 31 (14.3%)
Resigned Line SORENSEN 03 May 2006 31 Jan 2011 Oil Company Executive Norwegian 0 - 10 (0.0%)
Resigned Casper Frank EGGINK 10 Feb 2006 01 Jan 2010 Oil Company Executive Dutch 0 - 10 (0.0%)
Resigned John Peter MOULTON 01 Dec 2003 31 Dec 2005 Oil Company Exec British 0 - 70 (0.0%)
Resigned Lars Erik CLAUSEN 01 Dec 2003 13 Nov 2006 Director Danish 0 - 10 (0.0%)
Resigned Paul John Vincent TRIMMER 06 Oct 2003 01 Jan 2010 Executive British 0 - 20 (0.0%)
Resigned Matthew Richard GRAY 01 Oct 2003 10 Sep 2007 Oil Company Executive British 0 - 132 (15.4%)
Resigned Ian Jonathan BRADSHAW 02 Dec 2002 01 Dec 2004 Oil Company Exec British 0 - 141 (7.1%)
Resigned Klaus SPIEKERMANN 13 Sep 2002 01 Oct 2003 Oil Company Exec Germany 0 - 10 (0.0%)
Resigned Karl Michael O'CALLAGHAN 13 Sep 2002 01 Dec 2004 Oil Company Executive Irish 0 - 164 (25.0%)
Resigned Christopher David SLOAN 18 Sep 2001 01 Dec 2003 Director British 0 - 21 (50.0%)
Resigned David Hugh GILLON 13 Feb 2001 26 Sep 2001 Oil Company Executive British 0 - 126 (50.0%)
Resigned Andrew Thomas CATES 13 Feb 2001 06 Oct 2003 Oil Company Executive British 0 - 41 (25.0%)
Resigned Tjerk Pieter Karel HUYSINGA 13 Feb 2001 16 Jan 2006 Oil Company Executive Dutch 0 - 21 (50.0%)
Resigned Engelhardt Marinus ROBBE 17 Dec 1999 13 Feb 2001 Oil Company Executive Netherlands 0 - 184 (22.2%)
Resigned Malcolm Arthur BRINDED 01 Jul 1998 13 Feb 2001 Oil Company Executive British 0 - 151 (6.7%)
Resigned Thomas Michael BOTTS 28 Apr 1998 30 Oct 2000 Oil Company Executive American 0 - 70 (0.0%)
Resigned Renger Pieter BIEREMA 23 Mar 1998 13 Sep 2002 Director Netherlands 0 - 31 (33.3%)
Resigned Peter Adrian WARD 14 Nov 1997 13 Feb 2001 Oil Company Executive British 0 - 61 (16.7%)
Resigned Christopher Ernest, Dr FAY 30 May 1997 31 Dec 1998 Oil Co Executive British 1 - 214 (18.2%)
Resigned Stuart Alan TESTER 30 May 1997 30 Apr 2006 Oil Co Executive British 0 - 64 (66.7%)
Resigned Kerst Klaas TROOST 08 Aug 1996 17 Dec 1999 Oil Company Executive Netherlands 0 - 80 (0.0%)
Resigned Francis Peter COOKE 27 Feb 1996 30 May 1997 Director British 0 - 21 (50.0%)
Resigned Brian HAMILTON 22 Jan 1996 30 May 1997 Company Executive British 0 - 52 (40.0%)
Resigned Frans Jozef Gerlach CREMERS 01 Nov 1995 08 Aug 1996 Company Executive Dutch 0 - 20 (0.0%)
Resigned David SHARP 01 Nov 1995 30 May 1997 Company Executive British 0 - 82 (25.0%)
Resigned Paul Timothy FAIR 01 Oct 1995 30 May 1997 Company Executive British 0 - 20 (0.0%)
Resigned Timothy Guy SAWERS 01 Mar 1995 01 Oct 1995 Company Executive British 3 - 42 (28.6%)
Resigned John Hamilton STEELE 01 Jan 1995 24 Jan 1996 Company Executive American 0 - 60 (0.0%)
Resigned Gary Spence VASSIE 18 Jul 1994 30 Jun 1998 Company Executive British 0 - 10 (0.0%)
Resigned Christopher Kenneth ALDEN 17 Mar 1994 01 Mar 1995 Conpany Executive British 0 - 10 (0.0%)
Resigned Heinz Charles ROTHERMUND 01 Feb 1994 30 Jun 1998 Oil Company Executive Swiss 0 - 20 (0.0%)
Resigned Charles Hugh Easton WATSON 01 Dec 1993 27 Feb 1996 Oil Company Executive British 0 - 83 (37.5%)
Resigned Paul Timothy FAIR 11 Oct 1993 01 Dec 1993 Company Executive British 0 - 20 (0.0%)
Resigned Philip John DINGLE 01 Feb 1993 31 Dec 1994 Company Executive Canadian 0 - 60 (0.0%)
Resigned Christopher Ernest, Dr FAY 01 Dec 1993 Company Executive British 1 - 214 (18.2%)
Resigned Denis Pointon RYAN 17 Mar 1994 Company Executive British 0 - 21 (50.0%)
Resigned Ian WYBREW-BOND 18 Jul 1994 Company Executive British 0 - 60 (0.0%)
Resigned Arnold David, Dr BOUL 11 Oct 1993 Company Executive British 3 - 113 (21.4%)
Resigned John Rudloph ERDODY 22 Jan 1996 Company Executive British 0 - 10 (0.0%)
Resigned Christopher John HALSTEAD 31 Jul 1997 Company Executive British 0 - 10 (0.0%)
Resigned Keith Henry TAYLOR 01 Feb 1993 Esso Uk Plc Esso Petroleum Company Limited Esso British 0 - 81 (12.5%)
Number of active directors: 4
Average tenure of active directors: 2.0 years
Average tenure of resigned directors: 2.5 years
Average active director Dissolution Rate: 11.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
ORSTED SALES (UK) LIMITED (02405635) - Active
ORSTED POWER (UK) LIMITED (04984787) - Active
ORSTED (UK) LIMITED (06730824) - Active
SMART WIND LIMITED (07107382) - Active
ORSTED POWER SALES (UK) LIMITED (07489052) - Active
NJORD LIMITED (07640851) - Active
HORNSEA 1 LIMITED (07640868) - Active
ORSTED S&D (UK) LIMITED (07805315) - Active
BREESEA LIMITED (07883217) - Active
OPTIMUS WIND LIMITED (07883284) - Active
ORSTED UK III LIMITED (07962911) - Active
SOUNDMARK WIND LIMITED (10721881) - Active
SONNINGMAY WIND LIMITED (10722635) - Active
ORSTED ENERGY SOLUTIONS (UK) LIMITED (11111174) - Active - Proposal to Strike off
ORSTED HORNSEA TWO HOLDINGS LTD (13794536) - Active
HORNSEA TWO HOLDINGS LTD (13796747) - Active
PICT OFFSHORE LIMITED (SC626437) - Active
ORSTED SCOTLAND RENEWABLES 1 LIMITED (SC702007) - Dissolved
ORSTED SCOTLAND RENEWABLES 2 LIMITED (SC702015) - Dissolved
ORSTED SCOTLAND RENEWABLES 3 LIMITED (SC702021) - Dissolved

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2017-10-312016-10-312015-10-312014-10-312013-10-31
ORSTED S&D (UK) LIMITEDORDINARY38,978,000
100%
0
0%
0
0%
0
0%
0
0%
DONG ENERGY S&D UK LIMITED?1 ORDINARY0
0%
23,978,000
100%
0
0%
0
0%
0
0%
DONG ENERGY S&D UK LIMITED1 ORD0
0%
0
0%
23,978,000
100%
23,978,000
100%
23,978,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ORSTED SALES (UK) LIMITED

no controlled companies

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-07-01 2023-12-31 30 8% 42% 78819
2023-01-01 2023-06-30 72 15% 41% 71959
2022-07-01 2022-12-31 23 6% 19% 68387
2022-01-01 2022-06-30 17 3% 20% 60359
2021-07-01 2021-12-31 21 9% 24% 55761
2021-01-01 2021-06-30 11 1% 2% 49418
2020-07-01 2020-12-31 8 1% 7% 41642
2020-01-01 2020-06-30 % % 35624
2019-07-01 2019-12-31 10 1% 13% 29502
2019-01-01 2019-06-30 10 1% 10% 19616
2018-07-01 2018-12-31 11 1% 12% 12294
2018-01-01 2018-06-30 10 1% 11% 5402


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 35230 Trade of gas through mains)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
ORSTED SALES (UK) LIMITED 5 HOWICK PLACE, LONDON, SW1P 1WG 02405635 2017-12-31 439,663,000 -5,198,000
STORENGY UK LIMITED STUBLACH SITE, KING STREET, NORTHWICH, CHESHIRE, CW9 7SE 06311795 2017-12-31 173,722,000 -4,683,000
CORONA ENERGY RETAIL 2 LIMITED 50 LOTHIAN ROAD, FESTIVAL SQUARE, EDINBURGH, EH3 9WJ SC138299 2018-03-31 144,933,571 4,001,416
SSE AIRTRICITY GAS SUPPLY (NI) LIMITED MILLENNIUM HOUSE, 25 GREAT VICTORIA STREET, BELFAST, NORTHERN IRELAND, BT2 7AQ NI032810 2018-03-31 99,801,000 2,119,000
OPUS GAS SUPPLY LIMITED DRAX POWER STATION, SELBY, NORTH YORKSHIRE, UNITED KINGDOM, YO8 8PH 06874709 2017-12-31 83,708,000 -1,573,000
NATIONAL GRID METERING LIMITED NATIONAL GRID HOUSE WARWICK TECHNOLOGY PARK, GALLOWS HILL, WARWICK, CV34 6DA 03705992 2018-03-31 66,071,000 4,729,000
PHOENIX NATURAL GAS LIMITED 197 AIRPORT ROAD WEST, BELFAST, BT3 9ED NI032809 2017-12-31 54,138,000 -1,715,000
BOYCE-HEWITT SERVICES LIMITED 3 HILLARY CLOSE, BURTON LATIMER, KETTERING, NORTHAMPTONSHIRE, ENGLAND, NN15 5FF 07511624 2019-01-31 19,376 0
GREENWAY PLUMBING AND HEATING LIMITED 41 HENGOED CRESCENT, CEFN HENGOED, HENGOED, WALES, CF82 7HG 10551067 2019-01-31 100 0
CORONA ENERGY RETAIL 1 LIMITED BUILDING 2 LEVEL 2, CROXLEY PARK, WATFORD, UNITED KINGDOM, WD18 8YA 03241002 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
ORSTED SALES (UK) LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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