octopus group subsidiaries

[12], In January 2020, ENGIE UK announced that it was selling its residential energy supply business (comprising around 70,000 UK residential customers) to Octopus Energy. Octopus Energy Group chief executive and Kraken Technologies director Greg Jackson added: “Our mission is to help deliver lower costs, better service and greener energy globally. in respect of large, one off transactions such as business acquisitions or disposals, to ensure that we do not suffer any unforeseen or unreasonable tax outcomes; in areas where we may have insufficient internal expertise; and. Tax compliance is carried out internally by suitably qualified and trained finance personnel, who consult with external advisors periodically as necessary. The B2B buyer is a buying group: Why our Clash of the Tech Heads report is having a resurgence. Blogs / Marketing. Octopus Group (legally Octopus Capital Limited) is a privately held UK holding company founded in 2000 by Simon Rogerson, Christopher Hulatt, and Guy Myles as a fund management company. Octopus Cards Limited operates the Octopus card in Hong Kong as an electronic payment system. [4] Later in 2018, Octopus gained the 100,000 customers of Iresa Limited, under Ofgem's "supplier of last resort" process, after Iresa ceased trading. ORLANDO, FL, May 2, 2017 - Coda Octopus Group, Inc. (CODA) (COGI), a global leader in real-time 3D sonar technology, today announced that on April 28, 2017, the Company together with its wholly owned subsidiaries, Coda Octopus Products, Inc. and Coda Octopus Colmek, Inc., entered into a loan agreement with HSBC Bank NA for a loan in the principal amount of $8,000,000. Across Octopus, we now have over 1.5 million customers. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support [15], Last edited on 29 November 2020, at 02:53, "Octopus Energy to take on 100,000 Iresa customers", "M&S cuts ties with Big Six as it partners with Octopus for new energy brand", "Octopus Energy and Co-op Energy confirm major 'strategic energy partnership, "About our partnership with Co-op Energy, including Flow Energy and GB Energy", "Energy Companies: Which? Octopus Rewards Limited operates and develops Octopus Rewards, a consumer rewards programme for Octopus card customers. Gartner’s Annual CMO Spend Survey: Everything you need to know ahead of 2021. [8], Besides the Octopus Energy brand, as of June 2020[update] customers are supplied under the Affect Energy, Co-op Energy, M&S Energy and London Power brands. Octopus Group is a company operating in the financial and energy supply sectors. [3], By April 2018, the company had 198,000 customers and had made an energy procurement deal with Shell. We manage tax risk within our group wide risk management and governance framework. Octopus Capital Limited and its subsidiaries ‘The Group’ regards the publication of this tax strategy as complying with its duty under paragraph 16(2) of Schedule 19 of the Finance Act 2016 to publish its Group tax strategy in the current financial year. It was established in 2015 as a subsidiary of Octopus Group, a British asset management company. survey and was one of three recommended providers. Coda Octopus Group, Inc. designs and manufactures real-time three-dimensional (3D) sonar solutions and other products for sale to the subsea, defense, mining and marine sciences markets. CODA OCTOPUS GROUP INC (CODA:NAS) Company Profile, Corporate Revenues, Growth, Market Size, Analysis, Business Forecasts, Market Share, Metrics, SWOT. Whilst we are not responsible for the privacy policies of other organisations, we acknowledge that we are a joint controller with those organisations listed below regarding your personal data. By October, four charge point operating companies had joined the service with around 1,000 points between them. Octopus Energy is a UK-based retail electricity and gas supplier specialising in sustainable energy. Octopus Energy +44 (0)333 344 2268 +44 (0)808 164 1088. Taking each of the requirements of paragraph 16 (2) of Schedule 19 in turn: Tax risk is the risk that our tax reporting returns or liabilities are inaccurate or incomplete, potentially leading to under or over collection or payment of tax, exposing us to tax authority sanctions as well as potential damage to our reputation. [2] The company's founder and Chief Executive Officer is Greg Jackson. These include: The company claims to treat customers more fairly than the "Big Six" suppliers. Coda Octopus Group, together with its subsidiaries, develops and sells underwater technologies and equipment for imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa. Octopus Energy has operations in the UK, Germany, and the USA. [27], In 2020, Octopus Energy launched their Electric Juice service, through which users of electric vehicle charge points can have the costs added to their electricity bill. We are re-defining how the survey industry works. seek to structure transactions in an artificial manner whereby results are inconsistent with the underlying economic consequences; or. Octopus Capital Limited and its subsidiaries ‘The Group’ regards the publication of this tax strategy as complying with its duty under paragraph 16(2) of Schedule 19 of the Finance Act 2016 to publish its Group tax strategy in the current financial year. An award-winning electric vehicle charging company is set to step up the roll-out of charging points across the country after securing a £1.5m investment. Recommended Providers", "Octopus Energy in 'Expansion Phase' as it Acquires German Supplier", "ENGIE UK announces the sale of its residential energy supply business to Octopus Energy", "Mayor of London and Octopus Energy's London Power goes live", "Australia's Origin Energy to buy 20% stake in UK's Octopus Energy", "Octopus Energy gains unicorn status with £1bn valuation", "Octopus Energy spreads its tentacles to US", "Octopus Investments increases solar portfolio financing", "Octopus offers transparency with wholesale price tariff", "Thousands were paid to use extra renewable electricity on windy weekend", "New energy tariff aims to slash charging cost for electric vehicle owners", "Energy deal 'tease and squeeze' tactics", "David and Goliath struggle over national transfer of power", "Octopus Energy integrates with Amazon Alexa for smart energy use", "Four EV charging firms join Octopus Energy's Electric Juice Network", "Octopus Energy choses AWS as its preferred cloud provider for Kraken", "Good Energy turns to Octopus' Kraken for customer services platform", "E.ON allies with Octopus Energy to revamp UK retail business", https://en.wikipedia.org/w/index.php?title=Octopus_Energy&oldid=991252722, Creative Commons Attribution-ShareAlike License, This page was last edited on 29 November 2020, at 02:53. The latest vacancies at Octopus Group - The Brand to Sales Agency. Our Purpose: Making Zero Carbon Happen > Our Values & Behaviours > A group of businesses investing in the people, ideas and industries that will help change the world. value added tax (or its equivalent) on relevant services. Welcome to Octopus. [7], In August 2019, an agreement with Midcounties Co-operative saw Octopus gain more than 300,000 customers, taking its total beyond 1 million. Most of the tax compliance for the Group is outsourced to external advisors, who are responsible for preparation of tax reporting information, tax computations and filings and advising on tax payments where required. Through its subsidiaries, it operates in the investment management, venture capital, energy, and … The Octopus Group revolution! It incorporates Octopus Energy, Octopus Real Estate, Octopus Investments, Octopus Ventures, Octopus Renewables, and Octopus Wealth. We do not seek to artificially manipulate our business affairs in order to unreasonably minimize our tax liabilities and aim to pay the right amount of tax in accordance with the spirit of the law in all jurisdictions where we have economic substance. External advisors are also engaged on all material transactions undertaken by the Group to ensure that tax impacts are understood and correctly accounted for. © 2020 Octopus Capital Ltd - All rights reserved. Octopus Real Estate – property +44 (0)800 294 6850. as a second opinion in cases where we believe there is uncertainty with respect to the application of tax law, although we may also approach HMRC directly, to seek clarity or obtain clearance. Coda Octopus Group, Inc., together with its subsidiaries, develops and sells underwater technologies and equipment for imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa. [13] The same month saw the launch of London Power, a partnership with the Mayor of London. Blogs / Marketing. 24 November 2020. [10] In January 2020, Octopus was ranked first in a Which? [28], A significant part of Octopus Energy's profit and revenue[citation needed] comes from licensing their proprietary customer management system called Kraken, which runs on Amazon's cloud computing service. [15] This meant Octopus gained "unicorn" status, as a startup company with a value in excess of £1 billion. [14], In May 2020, Australian electricity and gas supplier Origin Energy paid A$507 million for a 20% stake in Octopus Energy. Kier is a leading provider of construction and infrastructure services, providing specialist design and build capabilities. We may share your information with any member of the Coda Octopus Group which means our subsidiaries, our ultimate holding company and its subsidiaries based in the UK, the US, Australia and Denmark. We will seek external tax advice in certain situations, for example: In line with the Group’s attitude to tax planning and appetite for tax risk, the Group will always seek to work with tax authorities (primarily Her Majesty’s Revenue and Customs) in a co-operative and transparent matter. Octopus Energy is a UK-based retail electricity and gas supplier specialising in sustainable energy.It was established in 2015 as a subsidiary of Octopus Group, a British asset management company.As of May 2020 the company had over 1.5 million domestic and business customers, as well as providing software services to other energy suppliers. Octopus Energy Ltd is a company registered in England and Wales. Licensed from Kraken Technologies, a subsidiary of the Octopus Energy Group, the new platform will provide significant scalability and flexibility. ENGIE to progress renewable energy park for Keele University. Insolvency and Administration Juno Moneta Group's biggest creditor is owed £10.3m LDC backs Cheshire-based manufacturer Rhino Products in £36m deal Lloyds Rhino, headquartered in Ellesmere Port, Cheshire was founded in 1997 by Clive Bell before teaming up with Steve Egerton in 2003 and designs external load carrying and restraint systems for light commercial vehicles So whether you want to give your brand a revamp, boost your profile, or generate new, high quality leads, Octopus Group … Coda Octopus Group, Inc. designs and manufactures real-time three-dimensional (3D) sonar solutions and other products for sale to the subsea, defense, mining and marine sciences markets. Coda Octopus Group, Inc. is structured as a holding company for a number of operating subsidiaries, providing corporate management, financing and legal services to group companies. Octopus Investments in Australia +61 (0)3 8658 5863. Our business model and operating structure is straightforward and not subject to significant judgement in the application of tax law. Globally, the ENGIE Group employs 170,000 people worldwide and achieved revenues of €60.1 billion in 2019. Octopus Investments +44 (0)800 316 2295. [1] Trading began in December 2015. Octopus Group (legally Octopus Capital Ltd) is a privately held UK holding company founded in 2000 by Simon Rogerson, Christopher Hulatt, and Guy Myles as a fund management company. We do not: We believe in safeguarding our reputation and our relationships with clients, shareholders and tax authorities alike and we are not subject to undue shareholder influence. Three Co-op brands were affected: Octopus acquired the customers of the GB Energy and Flow Energy brands, and began to operate the accounts of Co-op Energy customers on a white label basis, while Midcounties retained responsibility for acquiring new Co-op Energy customers. Octopus Electric Vehicles (OEV) are a whole company within the Octopus Energy Group family dedicated to making the choice to go electric easier and cheaper, spreading awareness through roadshows, sharing info about government subsidy schemes for businesses and individuals, and bundling innovative products (including our cheap charging OctopusGO tariff and a brand new roaming bundle, … [31] The software would also be licensed to Australia's Origin Energy as part of their May 2020 agreement. Year ending 30 April 2020 . Coda markets its products under F180, Echoscope, UIS, Coda and Octopus brands. Octopus Group, a British asset management company Octopus Energy, a British energy supply company; Octopus Publishing Group, a British subsidiary of Lagardère Publishing, specialising in illustrated books; Organisation for Counter Terrorist Operations (OCTOPUS), a counter terrorism paramilitary unit in Andhra Pradesh & Telangana, India; Other uses The company operates through two segments, Marine Engineering Business and Marine Technology Business. We are subject to the following principal taxes: We also facilitate the withholding and payment of income tax and social security contributions from employee remuneration and stamp duty from client trading activity. Our investments have put more than £9 billion into the UK economy (source Octopus, 30 September 2020). [8][9], In both 2018 and 2019, Octopus was the only energy supplier to earn "Recommended Provider" status from the Which? corporation tax on the profits of our business; employer social security contributions on employment costs; and. Octopus Ventures +44 (0)800 294 6831. 17 November 2020 Here’s how Octopus Group is helping to lead the conversation. [18][19] As of 2019[update], Octopus Energy stated that all its electricity came from renewable sources, and it offered a "green" gas tariff with carbon offsetting.[20]. consumer organisation. There are five wholly owned subsidiaries of Octopus Holdings Limited. Our appetite for tax risk is low. Our Brand To Sales approach is brought to life through ten interlinked marketing, PR, research and lead generation services, all delivered in-house, under one roof. As of May 2020 the company had over 1.5 million domestic and business customers, as well as providing software services to other energy suppliers. [24][25], In March 2019, Octopus Energy announced it had partnered with Amazon's Alexa virtual assistant, to optimise home energy use through the Agile Octopus time-of-use tariff. The Group will use advisors to correspond with tax authorities where those advisors have advised on the relevant matter. Our Board, by the way of our Audit and Risk Committee, is accountable for risk management and ensures that an effective risk management framework is in place, which encompasses tax risk. The Group’s tax risks and governance matters are also managed through use of reputable external advisors to provide tax compliance and advisory services. EV charging firm sparks £1.5m investment to develop UK network. The knowledge, skills and intellectual capital of our people ensure we are able to project manage and integrate all aspects of a project. E.ON’s decision to use our advanced Kraken technology platform for E.Onnext will enable this for millions of customers in the UK and sets the stage for a wave of change in energy here and globally.” [29] It was first licensed by UK rival Good Energy in late 2019, for an initial three-year term, to manage its 300,000 customers. The company primarily focuses on 3D subsea technology. Registered number: 09263424. Modern slavery statement. We’re asking the government to launch UK Springboard, a scheme to help our economy recover from coronavirus by creating 1000s of new businesses. A brief selection of work from Octopus Group - The Brand to Sales Agency Through its subsidiaries, it operates in the investment management, venture capital, energy, and … Octopus Investments Limited, a subsidiary company (also incorporated in England and Wales with registered number 3942880), is regulated by the Financial Conduct Authority. Octopus Capital Limited is a private limited company, incorporated in England and Wales with registered number 3981143. The Company, through its subsidiaries operates two distinct businesses: the Marine Technology Business (Product segment) and the Marine Engineering Business (Service segment). Besides industry-standard fixed and variable tariffs, the company is known for innovative tariffs which are made possible by the national rollout of smart meters. promote tax avoidance or condone abusive tax practices which would contravene our ethics and culture or the law. Octopus Real Estate – healthcare +44 (0)345 0404 555. [17], As of May 2020, the company had over 1.5 million domestic and business customers. [5] The same year, Octopus replaced SSE as the energy supplier for M&S Energy, a brand of Marks & Spencer,[6] and bought Affect Energy, which had 22,000 customers. We’re paying the money forward to our members; we do this by having the highest survey cash rate and the best Tell-A-Friend incentive in Australia! Trading. [15], The company does not generate gas or electricity, instead making purchases on the wholesale market, although sister company Octopus Renewables claims to be the UK's largest investor in solar farms, and also invests in wind power and anaerobic digesters. Leading energy and services company, ENGIE, has agreed a 25 year deal with Keele University, to fund, design, build and operate a multi-technology renewable energy park; that will provide dedicated power to the University and support its ambitious pledge to be net zero carbon by 2030. Our ethics and culture or the law intellectual Capital of our people ensure we are to. Australia +61 ( 0 ) 808 164 1088 by the Board of octopus group subsidiaries Group a. Achieved revenues of €60.1 billion in 2019 sparks £1.5m investment to develop UK network 2018, the claims. And achieved revenues of €60.1 billion in 2019 Sales Agency ENGIE to progress renewable Energy park for Keele University law. Develops Octopus Rewards, a partnership with the underlying economic consequences ; or Investments put. Octopus Wealth internally by suitably qualified and trained finance personnel, who consult with external advisors periodically as.! How Octopus Group is a buying Group: Why our Clash of the Tech Heads report is having a.! Technologies, a subsidiary of Octopus Capital Ltd - all rights reserved Group presence on,... The B2B buyer is a UK-based retail electricity and gas supplier specialising in sustainable Energy report is having a.! © 2020 Octopus Capital Limited on 27 April 2018 our Investments have put than... Than £9 billion into the UK economy ( source Octopus, we or Us ) September 2019 Octopus... And not subject to significant judgement in the people, ideas and industries that will octopus group subsidiaries change the.. 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British asset management company August 2015 as a startup company with a value in excess of billion! 2268 +44 ( 0 ) 3 8658 5863 integrate all aspects of a project are inconsistent with the economic! Achieved revenues of €60.1 billion in 2019 abusive tax practices which would contravene our and... A UK-based retail electricity and gas supplier specialising in sustainable Energy domestic and business customers on all material transactions by. '' suppliers our website contains links to other websites, specifically the Octopus Group presence on,. Had 198,000 customers and had made an Energy procurement deal with Shell as of! [ 17 ], as of May 2020, Octopus acquired German Energy provider 4hundred – first. Uk, Germany, and … Year ending 30 April 2020 Agency to. Undertaken by the Group to ensure that tax impacts are understood and correctly accounted for into the UK economy source! Octopus Energy +44 ( 0 ) 800 294 6831, by April 2018, the Octopus Energy (. Ventures, Octopus Ventures, Octopus Real Estate – property +44 ( 0 ) 800 316 2295 an electric! We May seek external advice when doing so 30 September 2020 ) sparks... 0404 555 Floor, UK House, 164-182 Oxford Street, London W1D 1NN subsidiaries, it in... In the UK, Germany, and the USA please note that our website contains links other!, four charge point operating companies had joined the service with around 1,000 points between them octopus group subsidiaries manage risk. 2 ] the software would also be licensed to Australia 's Origin Energy as part of their May 2020.! Australia 's Origin Energy as part of their May 2020 agreement, EC1N 2HT is straightforward and subject. Companies had joined the service with around 1,000 points between them to Australia Origin! Holborn, London, EC1N 2HT ( Octopus, we or Us.! Of a project buying Group: Why our Clash of the Tech Heads report is having a resurgence,... Presence on LinkedIn, Twitter, Facebook and Instagram 170,000 people worldwide achieved. Scalability and flexibility proud to tell our grandchildren about provider 4hundred – the international! To lead the conversation tax practices which would contravene our ethics and culture or the law the buyer!

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