E.ON Next Energy Limited

E.ON Next Energy Limited

Trading as: E.ON Next
#03782443 Active
B2cServicesPhysical Product

E.ON Next is a customer-centric energy supplier focused on providing sustainable energy solutions, including electricity, gas, and innovative technologies like solar panels and heat pumps. They aim to help customers save on energy bills while promoting eco-friendly practices.

Founded: 04/06/1999
Industries: Distribution of electricityDistribution of gaseous fuels through mains
Location: Westwood Way, Westwood Business Park, Coventry, CV4 8LG, England

Products

  • Electricity Tariffs
  • Gas Tariffs
  • Home Ev Chargers
  • Solar Panels
  • Heat Pumps

Services

  • Electricity Supply
  • Gas Supply
  • Energy Efficiency Solutions
  • Ev Chargers Installation
  • Solar Panel Installation

Financial Snapshot

Last accounts made up to 31 December 2023
Next accounts due 30 September 2025 (5 months)
Cash in Bank £201m
↓ -61%
Turnover £12,325m
↑ 35%
EBITDA £311m
↑ -298%
Gross Profit £1,506m
↑ 235%
Total Liabilities £2,117m
↑ 19%
Employees 3,321
↑ 19%

Directors

Role:
E.on Next Finance Director
Appointed:
19/01/2024
Nationality:
British
Age:
44 years
Role:
Chief People Officer
Appointed:
22/06/2023
Nationality:
British
Age:
50 years
Role:
Chief Operating Officer
Appointed:
14/02/2022
Nationality:
Romanian
Age:
47 years
Role:
Chief Executive Officer
Appointed:
02/06/2020
Nationality:
British
Age:
50 years

People with Significant Control

Nature of Control:
Ownership Of Shares 75 To 100 Percent, Voting Rights 75 To 100 Percent
Notified On:
02/06/2020
Nationality:
United Kingdom
Dec 2023Dec 2022Dec 2021
Income Statement
Turnover
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P&L Account Reserve
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Provisions
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Creditors (> 1 year)
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Creditors (< 1 year)
Other Current Liabilities
Key Metrics
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Net Current Assets
Total Assets Less Current Liabilities
Working Capital
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Added Value
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Other Information
Staff Costs
Number of Employees
1 shareholder available
Shareholder 1
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Charges

No charges registered

Properties

1 property
Regions
1
Freehold
0
Leasehold
1
EAST MIDLANDS

Land at 46-66 Halford Street, Leicester (LE1 1TQ)

Leasehold LE1 1TQ
Added 12/01/2021 LEICESTER
3 issuances recorded

Total Amount Raised (Valid Issuances)

Shares Issued (Valid Issuances)

Date CLASS
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Grants

Total grant funding received: £2,191,156,762.80

Department for Business, Energy and Industrial Strategy
£200,197,965.80

The Energy Bill Relief Schemes are established for Great Britain (GB) and Northern Ireland (NI) under the Energy Bill Relief Scheme Regulations 2022 (S.I. 2022 / 1100) (EBRS GB Regulations), Energy Bill Relief Scheme (Northern Ireland) Regulations 2022 (S.I. 2022/1106) (EBRS NI Regulations) and the supporting Rules. The EBRS Schemes require licensed energy suppliers to provide a Discount on wholesale gas and electricity prices for all non-domestic Customers (including all UK businesses, the voluntary sector such as charities, and the public sector such as schools and hospitals) whose current gas and electricity prices have been significantly inflated in light of global energy prices. The licensed suppliers will be able to make a recovery claim from the Government to recover the cost to them of applying these Discounts to their Customers. The EBRS Schemes will apply to Fixed Price Contracts agreed on or after 1 December 2021, as well as to Variable Price Contracts, Flexible Price Contracts and (in NI) DAI Price Contracts. It will apply to energy usage from 1 October 2022 to 31 March 2023, running for a six-month period for all eligible non-domestic energy users. The Government has announced that it will publish a review by the end of 2022 to inform decisions on future support after March 2023. The EBRS Schemes will operate by reference to a Government Supported Price. For all non-domestic energy users in GB and NI this has initially been set at: 21.1p/kWh for electricity 7.5p/kWh for gas The Government will determine and publish the Government Supported Price and Maximum Discount for the EBRS Schemes for each of gas and electricity. For each contract that is eligible for a Discount a Reference Wholesale Price must be determined. The Base Discount is then calculated as: Reference Wholesale Price Government Supported Price The Government will publish the Reference Wholesale Prices and Base Discount for Fixed Price Contracts, Variable Price Contracts and (for NI) the DAI Price Contracts1. The Discount to be applied to the Customers Supply Price is then potentially capped to ensure that the Discount does not exceed the Maximum Discount for Variable Price Contracts and flexible rate contracts.

Date Awarded:
01/04/2022
Programme:
Energy Bill Relief Scheme Great Britain and Northern Ireland (EBRS GB&NI)
Department for Business, Energy and Industrial Strategy
£6,273,600.00

The Non-Domestic Alternative Fuel Payment (ND AFP) will provide support to non-domestic customers in Great Britain who use alternative fuels.

Date Awarded:
01/04/2022
Programme:
Energy Bill Relief Scheme Non Domestic Alternative Fund/Flat payment (EBRS NDAFP) ??
Department for Business, Energy and Industrial Strategy
£1,984,685,197.00

The Energy Bills Support Scheme (EBSS GB) provided a £400 non-repayable discount to eligible households between October 2022 to March 2023 to help with their energy bills.

Date Awarded:
01/04/2022
Programme:
Energy Bill Support Scheme (EBSS GB)

Group Structure

Government Council Contracts Beta

Total Council Spend
£971,221.81
Across 522 transactions
Contract Period
Apr 2021 - Jul 2031
12 councils
Average Per Council
£80,935.15
44 avg. transactions

Council Partners

Angus Council
Blackburn With Darwen Borough Council
Cannock Chase District Council

Company Filings

27/09/2024 Accounts

Accounts With Accounts Type Full

17/06/2024 Confirmation Statement

Confirmation Statement With No Updates

29/02/2024 Officers

Change Person Director Company With Change Date

24/01/2024 Officers

Appoint Person Director Company With Name Date

23/01/2024 Officers

Termination Director Company With Name Termination Date

03/10/2023 Accounts

Accounts With Accounts Type Full

23/06/2023 Officers

Appoint Person Director Company With Name Date