ActiveFilings currentBefore I pay

Octopus Energy Limited

A supplier-focused reading of the public record: filing discipline, liquidity, charges, and governance signals that matter before you pay.

Company number
08847044
Incorporated
13 January 2014
Status meaning
Record currently orderly
Entity snapshot

UK House, 164-182 Oxford Street, London, W1D 1NN, United Kingdom

Why this report matters

Filing discipline is currently reasonable from the public record.

Sources used
Companies House
Sector benchmarks
Decision frame
Proceed with controls

This company may still be workable, but the combination of score drivers means you should control how much cash goes out before performance is proven. Coverage is broad enough that the recommendation can lean more heavily on confirmed records than on inference alone.

Case type
Managed-risk case
Confidence
Stronger confidence
Filing posture
Filings broadly current
Official records
No adverse official record surfaced
Immediate posture
Use staged payments or milestones rather than a large upfront payment.

This is workable, but the reasons for caution are material enough that process and payment structure should do some of the risk control.

Main reasons
Outstanding registered charges
Hard official records
No single official record dominates the case, so the judgement leans more on patterns across filings, governance, and financial evidence.
Pattern-based judgement
Financial health: Operating margin is 0.9%, which indicates how much room the company has to absorb delivery problems without cutting corners.
Financial health: The accounts provide enough detail to judge resilience directly rather than relying only on proxy signals.
Trading history: The company has been trading for about 12 years. Young companies are not automatically unsafe, but they leave you with less evidence of how they behave under pressure.
What remains uncertain
No official adverse record is surfaced in cache, but absence of a record is not the same as proof of safety.
Payment Practices Reporting does not apply to many businesses, so direct large-company payment-behaviour evidence may be unavailable.
Vettit score
Supplier Trust Score

A practical judgement layer over the public record, not a hidden credit file.

Moderate risk
68
Moderate risk
0 to 100 scale
Set the caution level.
Check the strongest drivers.
Treat missing disclosure as uncertainty.
Low risk 80+Moderate 60-79Elevated 40-59High risk under 40
Score drivers
Where the judgement is coming from

Each dimension contributes differently to the total score. Start with the strongest driver, then use the rest to see whether the risk is concentrated or broad.

Most influential dimension
Trading history is doing the most work here

The company has been trading for about 12 years. Young companies are not automatically unsafe, but they leave you with less evidence of how they behave under pressure.

Financial health
Weight 30%
54/100
30% of score
Profit trend is not fully visible in the latest structured accounts.
Trading history
Weight 25%
85/100
25% of score
The company has been trading for about 12 years. Young companies are not automatically unsafe, but they leave you with less evidence of how they behave under pressure.
Director track record
Weight 20%
67/100
20% of score
Average active director tenure is about 12.2 years. Stable leadership usually reduces delivery risk.
Debt and charges
Weight 15%
74/100
15% of score
1 outstanding charges are registered against company assets. That does not prove distress, but it does mean lenders may have first claim over key assets.
Sector risk
Weight 10%
57/100
10% of score
Operating margin is compared with a sector benchmark of 1.4%, which helps show whether this company is outperforming or falling behind peers.
Recommended action
Proceed with controls

This company may still be workable, but the combination of score drivers means you should control how much cash goes out before performance is proven.

No adverse official record surfaced in the current overlay set.
Stronger confidence: Coverage is broad enough that the recommendation can lean more heavily on confirmed records than on inference alone.
Recommended next steps
1Use staged payments or milestones rather than a large upfront payment.
2Ask who will actually deliver and supervise the work.
3Check whether the legal entity on the quote matches the one with the cleaner filing record.
Key concerns
Outstanding registered charges
Reassuring signs
Long trading historyConsistent filing disciplinePositive net assets
Loading workspace actions…
Red flags
Signals that justify more caution
Outstanding registered charges
medium

Secured lenders have claims over assets, which matters if the company runs into trouble.

Why this matters: Public red flags are useful only if they change behaviour: smaller exposure, tighter terms, deeper diligence, or a decision to walk away.
Positive signals
Signals that strengthen confidence
Long trading history
strong

The company has been trading for more than a decade, which lowers basic execution risk.

Why this matters: Positive signals do not remove risk alone, but they can reduce uncertainty when they align with filing discipline and resilience.
Consistent filing discipline
strong

Recent filing history looks on time, which supports trust in the basics.

Why this matters: Positive signals do not remove risk alone, but they can reduce uncertainty when they align with filing discipline and resilience.
Positive net assets
moderate

The latest balance sheet still shows a positive equity base.

Why this matters: Positive signals do not remove risk alone, but they can reduce uncertainty when they align with filing discipline and resilience.
Stable director tenure
moderate

Leadership has been in place long enough to suggest continuity.

Why this matters: Positive signals do not remove risk alone, but they can reduce uncertainty when they align with filing discipline and resilience.
Healthy working capital
moderate

Current assets exceed current liabilities in the latest filing.

Why this matters: Positive signals do not remove risk alone, but they can reduce uncertainty when they align with filing discipline and resilience.
Filing discipline
Accounts and statutory filing status

A company that struggles to keep its statutory record current deserves more caution than one that files consistently.

Filings broadly current
What matters most here
The statutory record currently looks broadly orderly.

Filing discipline is currently reasonable from the public record.

Last accounts made up to
30 April 2025
Next accounts due
31 October 2026
Confirmation statement
Due 22 January 2026
Company status
Active
Accounts type
full
Trust and freshness
What the report is built from, and how current it is
Good evidence base
Freshly checked
Report generated on
11 March 2026
Data last updated
11 March 2026
Financials through
Year ended 30 April 2025
Completeness
82%
Freshness framing: Example data is treated as fresh for local product development.
Public-data product, not a credit bureau. Vettit distinguishes fresh checks, cached evidence, and background refresh activity rather than flattening them into one state.
Payment behaviour
Official supplier-payment record

This uses official UK payment-practices reporting where the business is in scope. It is one of the clearest public signals for the client-payment lens.

Payment-practices reporting does not appear to apply here

This reporting regime mainly applies to larger businesses in scope, so it is often not relevant to smaller companies.

Financial view
Latest usable financial snapshot

When disclosure is thin, Vettit leans more heavily on filings, governance, and official records instead of pretending the financial picture is complete.

Year ended 30 April 2025
Financial takeaway
The financial picture is usable, but not clean enough to stand on its own.

Treat this section as one part of the case and confirm the call with filing discipline, governance, and official overlays.

Revenue
£15.4bn
N/A
Operating margin
0.9%
Net assets
£920.0m
Cash
£690.0m
Current ratio
1.11
Debt to equity
0.26
Accounts framing: Latest filing type appears to be full. This helps explain why some companies support ratio analysis well while others need more behavioural interpretation.
Source coverage
How complete today’s official checks were

Vettit can still distinguish positive evidence from absence of evidence, and sources that do not apply are labelled explicitly.

Stronger confidence
Freshly checked: Example data is treated as fresh for local product development.
Companies House mirror
Fresh

Core company profile is available.

Structured accounts
Fresh

Structured account fields are available.

Sector benchmarks
Fresh

Sector benchmark context is available.

Fair Payment Code
No record found

No Fair Payment Code award was matched for this example company.

The Gazette
No record found

The Gazette was checked and no relevant notice was matched.

Disqualified directors register
No record found

Current directors were checked and no high-confidence disqualification match was found.

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