So Energy: who owns it, who runs it and what the accounts show
So Energy Trading Limited's person with significant control on the Companies House register is So Energy Limited. In the year to December 2024 So Energy Trading Limited reported turnover of £636m.
- In the year to December 2024, So Energy had turnover of £636m, down 27.2% on the year before.
- It made a pre-tax loss of £5m, losing £0.82 of every £100 of sales.
- It employed an average of 492 people, with staff costs of £25m.
- So Energy Trading Limited is controlled by So Energy Limited, according to the Companies House register.
- These figures are from So Energy Trading Limited's accounts for the year to December 2024, filed at Companies House on 3 October 2025.
- Registered name
- SO ENERGY TRADING LIMITED
- Company number
- 09263295
- Status
- Active
- Incorporated
- 14 October 2014
- Registered office area
- West London
- Industry code on the register
- 35130: Electricity, gas, steam and air conditioning supply
- Accounts
- Single company accounts, this company only
- Accounts type
- Full accounts
- Latest accounts
- Year to December 2024, filed 3 October 2025
What does So Energy do?
So Energy is an energy supplier selling gas and renewable electricity to households across Great Britain. It was set up in 2015, and in 2021 the Irish state-owned energy company ESB bought a majority of it and moved its ESB Energy household customers over to the So Energy brand. These figures are for So Energy Trading Limited, the supply company that was first registered as Gold Energy Supply Limited, whose immediate parent is So Energy Limited and whose ultimate parent is ESB, which is owned by the Government of Ireland.
In brief: household energy supplier · renewable electricity · started in 2015 · owned by Ireland's ESB
Source: Spark Intel editorial, checked 6 November 2026. Official website: so.energy.
Who owns So Energy?
The Companies House register records So Energy Limited as the person with significant control of So Energy Trading Limited, company number 09263295. So Energy Limited is itself company number 09144818.
That places So Energy Trading Limited inside a larger group. The accounts on this page are the company's own, not the wider group's.
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 So Energy?
The Companies House register lists 7 current officers for So Energy Trading Limited.
All 7 current officers
| Officer | Appointed |
|---|---|
| Simon Richard Oscroft | 14 July 2015 |
| Charles Davies | 20 July 2015 |
| Suzanne Ward | 26 August 2021 |
| Francis Kenneth O'Donnell | 28 November 2023 |
| Shana Small | 29 April 2025 |
| Michelle Mary Leavy | 3 October 2025 |
| Moronke Gbadebo | 9 October 2025 |
Every current officer, with appointment dates, is on the Companies House register.
What did So Energy file?
So Energy Trading Limited reported turnover of £636m in the year to December 2024. That was down 27.2% on £874m the year before.
It reported 492 employees. The year before it reported 442.
It filed a pre-tax loss of £5m for the year, against a pre-tax loss of £26m the year before.
Staff costs came to £25m. That is an average of £51,000 a head. It ended the year with £13m at the bank and net liabilities of £246m.
| Measure | Dec 2024 | Dec 2023 |
|---|---|---|
| Turnover | £636m | £874m |
| Pre-tax profit | -£5m (filed) | -£26m (filed) |
| Employees | 492 | 442 |
| Staff costs | £25m | £24m |
| Average staff cost per head | £51,000 | £54,000 |
| Bank and cash | £13m | £25m |
| Net assets | -£246m | -£243m |
| Interest paid | £14m | |
| Interest received | £0.2m | |
| Directors' pay | £0.4m |
Read the accounts to December 2024 (PDF, Companies House) · every accounts filing
What do these figures mean? Turnover vs profit · Profit per £100 · Cash vs profit · Net assets
Are there any charges against So Energy?
So Energy Trading Limited has registered 5 charges at Companies House, of which 2 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.
Both outstanding charges
| Charge holder | Created |
|---|---|
| Electricity Supply Board as Lender | 21 November 2023 |
| Wales & West Utilities Limited | 21 May 2020 |
Each charge, with its holder and dates, is on the Companies House register.
How So Energy compares
Of the 8 energy suppliers, So Energy is 8th on turnover, 7th on profit margin and 8th 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 |
| 8th | So Energy | £636m | −£0.82 |
| + 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.
So Energy files as So Energy Trading Limited, whose person with significant control is So Energy Limited, with turnover of £636m in its latest filed year.
Questions about So Energy
What does So Energy do?
So Energy is an energy supplier selling gas and renewable electricity to households across Great Britain. It was set up in 2015, and in 2021 the Irish state-owned energy company ESB bought a majority of it and moved its ESB Energy household customers over to the So Energy brand. These figures are for So Energy Trading Limited, the supply company that was first registered as Gold Energy Supply Limited, whose immediate parent is So Energy Limited and whose ultimate parent is ESB, which is owned by the Government of Ireland.
How does So Energy compare with its rivals?
By turnover, So Energy is 8th 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 So Energy?
The Companies House register records So Energy Limited as the person with significant control of So Energy Trading Limited.
How much does So Energy make?
So Energy Trading Limited reported turnover of £636m in the year to December 2024. It filed a pre-tax loss of £5m.
How many people work at So Energy?
So Energy Trading Limited reported 492 employees in the year to December 2024.
Who runs So Energy?
The Companies House register lists 7 current officers for So Energy Trading Limited. The full list, with appointment dates, is on the Companies House register.
- Figures come from So Energy Trading Limited's filings at Companies House, company number 09263295, for the period shown at the top of the page.
- These are single company accounts: they cover this company alone, not any wider group.
- 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, “So Energy: who owns it, who runs it and what the accounts show”, updated 6 November 2026. https://www.spark-intel.co.uk/companies/so-energy/. Figures from Companies House filings for SO ENERGY TRADING LIMITED (09263295).
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