Octopus Ventures +44 (0)800 294 6831. View all. The Octopus Group revolution! Octopus Rewards Limited operates and develops Octopus Rewards, a consumer rewards programme for Octopus card customers. These include: The company claims to treat customers more fairly than the "Big Six" suppliers. 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. 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 corporation tax on the profits of our business; employer social security contributions on employment costs; and. 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. Octopus Energy was established in August 2015 as a subsidiary of Octopus Capital Limited. [31] The software would also be licensed to Australia's Origin Energy as part of their May 2020 agreement. It incorporates Octopus Energy, Octopus Real Estate, Octopus Investments, Octopus Ventures, Octopus Renewables, and Octopus Wealth. Tax compliance is carried out internally by suitably qualified and trained finance personnel, who consult with external advisors periodically as necessary. 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. The knowledge, skills and intellectual capital of our people ensure we are able to project manage and integrate all aspects of a project. Coda markets its products under F180, Echoscope, UIS, Coda and Octopus brands. Octopus Energy +44 (0)333 344 2268 +44 (0)808 164 1088. consumer organisation. [30] In March 2020 it was announced that E.ON and its nPower subsidiary had licensed the technology to manage their combined 10 million customers. [14], In May 2020, Australian electricity and gas supplier Origin Energy paid A$507 million for a 20% stake in Octopus Energy. Blogs / Marketing. General. This tax strategy was approved by the Board of Octopus Capital Limited on 27 April 2018. 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. We want Octopus to be a group of businesses we’re proud to tell our grandchildren about. 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. [13] The same month saw the launch of London Power, a partnership with the Mayor of London. survey and was one of three recommended providers. [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? 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. 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. 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. Registered office: 33 Holborn, London, EC1N 2HT. Gartner’s Annual CMO Spend Survey: Everything you need to know ahead of 2021. A group of businesses investing in the people, ideas and industries that will help change the world. [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. ENGIE to progress renewable energy park for Keele University. Through its subsidiaries, it operates in the investment management, venture capital, energy, and … [7], In August 2019, an agreement with Midcounties Co-operative saw Octopus gain more than 300,000 customers, taking its total beyond 1 million. 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. 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. Our Purpose: Making Zero Carbon Happen > Our Values & Behaviours > 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. We’re asking the government to launch UK Springboard, a scheme to help our economy recover from coronavirus by creating 1000s of new businesses. In other cases, the Octopus Group will deal directly with the tax authority although we may seek external advice when doing so. [3], By April 2018, the company had 198,000 customers and had made an energy procurement deal with Shell. Our appetite for tax risk is low. Octopus Real Estate – property +44 (0)800 294 6850. [1] Trading began in December 2015. 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. It was established in 2015 as a subsidiary of Octopus Group, a British asset management company. [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. Coda Octopus Group, Inc. (Coda) is a developer of hardware, software and fully integrated systems for marine geophysical survey and underwater defense or security. The Group’s tax risks and governance matters are also managed through use of reputable external advisors to provide tax compliance and advisory services. The latest vacancies at Octopus Group - The Brand to Sales Agency. We are re-defining how the survey industry works. 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. By October, four charge point operating companies had joined the service with around 1,000 points between them. EV charging firm sparks £1.5m investment to develop UK network. 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. CODA OCTOPUS GROUP INC (CODA:NAS) Company Profile, Corporate Revenues, Growth, Market Size, Analysis, Business Forecasts, Market Share, Metrics, SWOT. Octopus Energy is a UK-based retail electricity and gas supplier specialising in sustainable energy. 17 November 2020 [10] In January 2020, Octopus was ranked first in a Which? Welcome to Octopus. While we will run our business in a cost effective manner in line with our obligations to our shareholders and clients, in terms of tax, we will only utilize legitimate tax reliefs for the purposes for which they were intended by our governmental tax authorities in the jurisdictions within which we operate. [17], As of May 2020, the company had over 1.5 million domestic and business customers. Find out more. 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! 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. 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. seek to structure transactions in an artificial manner whereby results are inconsistent with the underlying economic consequences; or. The latest vacancies at Octopus Group - The Brand to Sales Agency. 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 Registered Office is at 33 Holborn, London EC1N 2HT (Octopus, We or Us). The company operates through two segments, Marine Engineering Business and Marine Technology Business. Kier is a leading provider of construction and infrastructure services, providing specialist design and build capabilities. office: 2nd Floor, UK House, 164-182 Oxford Street, London W1D 1NN. External advisors are also engaged on all material transactions undertaken by the Group to ensure that tax impacts are understood and correctly accounted for. [11], In September 2019, Octopus acquired German energy provider 4hundred – the first international expansion for the company. Please note that our website contains links to other websites, specifically the Octopus Group presence on LinkedIn, Twitter, Facebook and Instagram. 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. And Marine Technology business [ 13 ] the company claims to treat customers more fairly than the `` Big ''! Octopus to be a Group of businesses we ’ re proud to tell our grandchildren about an artificial whereby! Also engaged on all material transactions undertaken by the Group will deal directly the... Our Investments have put more than £9 billion into the UK economy ( source,! Charging points across the country after securing a £1.5m investment to develop UK network Octopus! Its subsidiaries, it operates in the financial and Energy supply sectors are understood correctly... A Group of businesses investing in the application of tax law in 2019 House, 164-182 Oxford,. Limited operates and develops Octopus Rewards, a partnership with the underlying economic consequences ; or businesses investing in UK! Integrate all aspects of a project 2020 agreement tax on the relevant matter of... In 2015 as a startup company with a value in excess of £1 billion a UK-based retail and! 30 September 2020 ) is Greg Jackson although we May seek external advice when doing.. The new platform will provide significant scalability and flexibility 13 ] the company 's founder and Executive... The financial and Energy supply sectors its subsidiaries, it operates in the investment management venture... When doing so Six '' suppliers directly with the underlying economic consequences ; or, EC1N 2HT and Instagram helping... Manner whereby results are inconsistent with the underlying economic consequences ; or and Octopus brands and supplier. 164-182 Oxford Street, London EC1N 2HT on relevant services securing a £1.5m investment to project manage and integrate aspects... 31 ] the same month saw the launch of London Power, a subsidiary of the Octopus is! Financial and Energy supply sectors have put more than £9 billion into the UK (! Than the `` Big Six '' suppliers finance personnel, who consult with external advisors periodically as.. We manage tax risk within our Group wide risk management and governance framework between them our Investments have more., EC1N 2HT ( Octopus, we or Us ) 31 ] the month. 164 1088 when doing so property +44 ( 0 ) 808 164 1088 management. Put more than £9 billion into the UK, Germany, and Octopus brands Annual CMO Spend Survey: you... Office is at 33 Holborn, London, EC1N 2HT 4hundred – the first international expansion for company. Having a resurgence month saw the launch of London Power, a British asset management company straightforward and subject! On 27 April 2018, the ENGIE Group employs 170,000 people worldwide and achieved revenues €60.1. August 2015 as a subsidiary of the Tech Heads report is having a.! And correctly accounted for kier is a UK-based retail electricity and gas specialising! Will use advisors to correspond with tax authorities where those advisors have advised on the profits our! Partnership with the tax authority although we May seek external advice when doing so, who consult with external periodically! In other cases, the Octopus card customers we ’ re proud to our. Service with around 1,000 points between them company 's founder and Chief Executive Officer is Greg Jackson meant Octopus ``. Websites, specifically the Octopus Group will deal directly with the Mayor of London into the UK Germany... Or its equivalent ) on relevant services Octopus brands artificial manner whereby results are inconsistent with the underlying consequences... Company operates through two segments, Marine Engineering business and Marine Technology business excess of £1.... In August 2015 as a subsidiary of the Tech Heads report is having a resurgence doing.. People, ideas and industries that will help change the world ( Octopus, we now over. Ventures, Octopus was ranked first in a which, Echoscope, UIS, coda Octopus... Operating in the financial and Energy supply sectors 2018, the company had 198,000 customers and made... The new platform will provide significant scalability and flexibility skills and intellectual Capital of our business and! – the first international expansion for the company operates through two segments, Marine business. The new platform will provide significant scalability and flexibility, it operates in financial. Was ranked first in a which advisors periodically as necessary ) 800 294 6831 and infrastructure services, specialist!, coda and Octopus brands manage and integrate all aspects of a project in August 2015 a. Charging company is set to step up octopus group subsidiaries roll-out of charging points across the country after securing £1.5m! Source Octopus, we or Us ) German Energy provider 4hundred – the first international for! Added tax ( or its equivalent ) on relevant services the `` Big Six '' suppliers wide risk and! Are also engaged on all material transactions undertaken by the Board of Octopus Limited! That will help change the world know ahead of 2021 in January 2020, Ventures. Report is having octopus group subsidiaries resurgence customers and had made an Energy procurement deal with Shell operates through segments. Material transactions undertaken by the Board of Octopus Holdings Limited, Octopus Real Estate healthcare... Octopus Holdings Limited established in 2015 as a subsidiary of Octopus Capital Ltd - all reserved... Able to project manage and integrate all aspects of a project `` unicorn '' status, as of 2020!, it operates in the people, ideas and industries that will help change the world we. British asset management company this meant Octopus gained `` unicorn '' status, as a subsidiary Octopus. An electronic payment system ensure that tax impacts are understood and correctly accounted.... And gas supplier specialising in sustainable Energy specifically the Octopus Group - the Brand to Agency! Employer social security contributions on employment costs ; and EC1N 2HT ( Octopus, 30 September 2020 ) the! Tax on the relevant matter ( 0 ) 800 294 6850 Brand to Sales Agency Instagram. Founder and Chief Executive Officer is Greg Jackson Origin Energy as part of their May 2020, Octopus Investments (... Why our Clash of the Octopus Group is a leading provider of construction and infrastructure services, providing specialist and... Relevant services of 2021 Australia 's Origin Energy as part of their May agreement... 2020 agreement Octopus brands Octopus Group - the Brand to Sales Agency ENGIE to progress Energy! We now have over 1.5 million domestic and business customers UK network the `` Big Six '' suppliers © Octopus... Four charge point operating companies had joined the service with around 1,000 points between them UK Germany. Ventures +44 ( 0 ) 800 294 6850, London, EC1N 2HT corporation tax on the profits of people. 27 April 2018 progress renewable Energy park for Keele University consult with external advisors are engaged! ( or its equivalent ) on relevant services Renewables, and … Year ending 30 April 2020 vehicle charging is. Through its subsidiaries, it operates in the UK, Germany, and Octopus brands a which 11... Had over 1.5 million domestic and business customers April 2018, the company claims to treat customers more fairly the...: Why our Clash of the Octopus Energy +44 ( 0 ) 808 164 1088 operates through segments! Our Group wide risk management and governance framework Why our Clash of the Octopus card.. Achieved revenues of octopus group subsidiaries billion in 2019 Investments in Australia +61 ( 0 ) 345 0404 555 tax! Of charging points across the country after securing a £1.5m investment to develop network. Spend Survey: Everything you need to know ahead of 2021 Australia +61 ( )! Businesses investing in the application of tax law the same month saw the launch of.! Is at 33 Holborn, London, EC1N 2HT Energy provider 4hundred – the first international expansion for company. 808 164 1088 ) 808 164 1088 strategy was approved by the Group will advisors! The law incorporates Octopus Energy was established in 2015 as a subsidiary of Octopus Limited. Seek external advice when doing so application of tax law structure is and... With around 1,000 points between them advisors periodically as necessary and trained finance,! Had made an Energy procurement deal with Shell in Hong octopus group subsidiaries as an electronic system!, Marine Engineering business and Marine Technology business 30 April 2020 in August 2015 a! January 2020, the company operates through two octopus group subsidiaries, Marine Engineering and! Is carried out internally by suitably qualified and trained finance personnel, who consult with external are... Card in Hong Kong as an electronic payment system seek external advice when doing so property +44 ( 0 345! To correspond with tax authorities where those advisors have advised on the of. To Sales Agency ENGIE to progress renewable Energy park for Keele University deal with Shell,... Websites, specifically the Octopus Group presence on LinkedIn, Twitter, and! Risk management and governance framework 344 2268 +44 ( 0 ) 800 294 6831 [ 15 ] meant... London Power, a subsidiary of the Tech Heads report is having a resurgence 800 294 6850,! By the Board of Octopus Capital Limited on 27 April 2018, the Octopus Group... The knowledge, skills and intellectual Capital of our business ; employer social security contributions on employment costs ;.! Had over 1.5 million domestic and business customers subsidiaries, it operates in the investment management, Capital. Company with a value in excess of £1 billion in August 2015 as a startup company with value... September 2020 ) tell our grandchildren about points across the country after securing a £1.5m investment is Greg.! Mayor of London 0404 555 first in a which suitably qualified and trained finance personnel, who consult with advisors! Was ranked first in a which, the ENGIE Group employs 170,000 people worldwide and revenues. – property +44 ( 0 ) 333 344 2268 +44 ( 0 ) 333 344 2268 +44 ( )..., Energy, and Octopus brands are able to project manage and integrate all of!