OVO Energy: who owns it, who runs it and what the accounts show
OVO Group Ltd's person with significant control on the Companies House register is Ovo Holdings Ltd. In the year to December 2025 OVO Group Ltd reported turnover of £5,156m.
- In the year to December 2025, OVO Energy had turnover of £5,156m, down 6.8% on the year before.
- It made a pre-tax profit of £121m, keeping £2.35 of every £100 of sales.
- It employed an average of 4,304 people, with staff costs of £234m.
- OVO Group Ltd is controlled by Ovo Holdings Ltd, according to the Companies House register.
- These figures are from OVO Group Ltd's group accounts for the year to December 2025, filed at Companies House on 19 August 2026.
- Registered name
- OVO GROUP LTD
- Company number
- 10722770
- Status
- Active
- Incorporated
- 12 April 2017
- Registered office area
- Bristol
- Industry code on the register
- 47990: Retail trade
- Accounts
- Group accounts, covering the companies it owns
- Accounts type
- Full group accounts
- Latest accounts
- Year to December 2025, filed 19 August 2026
What does OVO Energy do?
OVO Energy is a gas and electricity supplier for homes in Great Britain. It earns money from energy bills and also sells boiler cover and electric vehicle charging plans. Customers manage their accounts through the OVO app, which shows their balance and energy use. The company was founded in Bristol in 2009 and is privately owned, with OVO Group Ltd as its parent company.
In brief: energy supplier · homes in Great Britain · boiler cover and EV charging · founded Bristol 2009
Source: Spark Intel editorial, checked 24 September 2026. Official website: ovoenergy.com.
Who owns OVO Energy?
The Companies House register records Ovo Holdings Ltd as the person with significant control of OVO Group Ltd, company number 10722770. Ovo Holdings Ltd is itself company number 10722665.
That places OVO Group Ltd inside a larger group. Its accounts are group accounts, covering the companies it owns as well.
The full ownership record is on the Companies House register. Control is given in the bands the register uses, not as exact shareholdings.
Who runs OVO Energy?
The Companies House register lists 8 current officers for OVO Group Ltd.
All 8 current officers
| Officer | Appointed |
|---|---|
| Vincent Francis Casey | 12 April 2017 |
| Jonson Cox | 5 August 2020 |
| Christopher Paul Houghton | 21 November 2025 |
| Dame Jayne-Anne Gadhia | 18 February 2026 |
| Kunal Dasgupta | 18 February 2026 |
| Daniel William Sasaki | 18 February 2026 |
| Stephen James Fitzpatrick | 18 February 2026 |
| Takashi Ishibashi | 16 March 2026 |
Every current officer, with appointment dates, is on the Companies House register.
What did OVO Energy file?
OVO Group Ltd reported turnover of £5,156m in the year to December 2025. That was down 6.8% on £5,530m the year before.
It reported 4,304 employees. The year before it reported 5,099.
It filed a pre-tax profit of £121m for the year, against a pre-tax loss of £166m the year before.
Staff costs came to £234m. That is an average of £54,000 a head. It ended the year with £248m at the bank and net assets of £81m.
| Measure | Dec 2025 | Dec 2024 |
|---|---|---|
| Turnover | £5,156m | £5,530m |
| Pre-tax profit | £121m (filed) | -£166m (filed) |
| Employees | 4,304 | 5,099 |
| Staff costs | £234m | £275m |
| Average staff cost per head | £54,000 | £54,000 |
| Bank and cash | £248m | £307m |
| Net assets | £81m | -£245m |
| Interest paid | £12m | |
| Interest received | £30m | |
| Directors' pay | £3m |
Read the accounts to December 2025 (PDF, Companies House) · every accounts filing
What do these figures mean? Turnover vs profit · Profit per £100 · Cash vs profit · Net assets · Group accounts
Are there any charges against OVO Energy?
OVO Group Ltd has registered 15 charges at Companies House, of which 7 are still outstanding. A charge is security a lender takes over a company's assets; one is satisfied when the lending behind it is repaid or released.
All 7 outstanding charges
| Charge holder | Created |
|---|---|
| Glas Trust Corporation Limited | 16 January 2025 |
| Glas Trust Corporation Limited (As Security Agent) | 5 October 2020 |
| Glas Trust Corporation Limited | 17 August 2020 |
| Glas Trust Corporation Limited (As Security Agent) | 11 August 2020 |
| Glas Trust Corporation Limited (As Security Agent) | 11 August 2020 |
| Glas Trust Corporation Limited (As Security Agent) | 30 January 2020 |
| Glas Trust Corporation Limited (As Security Agent) | 22 January 2020 |
Each charge, with its holder and dates, is on the Companies House register.
How OVO Energy compares
Of the 8 energy suppliers, OVO Energy is 5th on turnover, 3rd on profit margin and 5th on growth. Utility Warehouse keeps the most of every £100 of sales: £5.82.
| Rank | Energy suppliers | Turnover | Profit per £100 |
|---|---|---|---|
| 1st | Octopus Energy | £13,683m | −£1.90 |
| 5th | OVO Energy | £5,156m | £2.35 |
| + 6 more energy suppliers ranked |
Ranked by turnover. Profit per £100 is pre-tax profit for every £100 of turnover, shown only where the profit is filed.
OVO Energy files as OVO Group Ltd, whose person with significant control is Ovo Holdings Ltd, with turnover of £5,156m in its latest filed year.
Questions about OVO Energy
What does OVO Energy do?
OVO Energy is a gas and electricity supplier for homes in Great Britain. It earns money from energy bills and also sells boiler cover and electric vehicle charging plans. Customers manage their accounts through the OVO app, which shows their balance and energy use. The company was founded in Bristol in 2009 and is privately owned, with OVO Group Ltd as its parent company.
How does OVO Energy compare with its rivals?
By turnover, OVO Energy is 5th of the 8 companies in our battle of the energy suppliers, behind Octopus Energy. The battle ranks them on turnover, pre-tax profit, margin, growth and net assets. The battle of the energy suppliers →
Who owns OVO Energy?
The Companies House register records Ovo Holdings Ltd as the person with significant control of OVO Group Ltd.
How much does OVO Energy make?
OVO Group Ltd reported turnover of £5,156m in the year to December 2025. It filed a pre-tax profit of £121m.
How many people work at OVO Energy?
OVO Group Ltd reported 4,304 employees in the year to December 2025.
Who runs OVO Energy?
The Companies House register lists 8 current officers for OVO Group Ltd. The full list, with appointment dates, is on the Companies House register.
- Figures come from OVO Group Ltd's filings at Companies House, company number 10722770, for the period shown at the top of the page.
- These are group accounts: they include the companies it owns.
- Pre-tax profit is the figure the company filed, for both years.
- A figure the filing does not disclose is shown as n/d. A zero in the filing is treated as not disclosed, never as nil.
- Rounding: below £0.1m in thousands, from £0.1m to £2m to one decimal place, from £2m to the nearest million.
- Ownership is shown in the control bands the register of people with significant control uses, not as exact shareholdings.
- Officers' names and appointment dates come from the Companies House register. Job titles come from the company's own website. The description of what the company does comes from its website, or is marked Spark Intel editorial where it is written from stable, checked facts, with the date either way.
Spark Intel, “OVO Energy: who owns it, who runs it and what the accounts show”, updated 6 November 2026. https://www.spark-intel.co.uk/companies/ovo-energy/. Figures from Companies House filings for OVO GROUP LTD (10722770).
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