Who owns Drax?
DRAX ENERGY SOLUTIONS LIMITED (Companies House number 05893966) is part of Drax Group plc, incorporated on 2 August 2006.
About Drax and their out-of-contract rates
Drax Energy Solutions Limited (formerly Haven Power)
At a glance
DRAX ENERGY SOLUTIONS LIMITED (Companies House 05893966) is the licensed UK retail entity owned by Drax Group plc. Registered office: Drax Power Station, Drax, Selby, North Yorkshire, YO8 8PH. Latest filed turnover £3.4bn (year ending 2024) with 405 employees.
Last verified 7 May 2026 · Sources: Companies House (05893966), Citizens Advice non-domestic league table, Ofgem licence register.
Drax business contact
Direct lines for business customers
- Phone
- 01473 277556
- contactteam@drax.com
- Contact page
- Open on Drax
Sourced from Drax's official contact page. Verify before relying on these details for billing or contract-end disputes.
Drax (the B2B supplier formerly Haven Power) is the customer-facing arm of Drax Group plc, the LSE-listed UK power generator. The retail business focuses on commercial and industrial electricity supply, particularly half-hourly metered customers.
Drax out-of-contract rates 2026
When a fixed contract ends and a new one is not signed, supply continues at deemed or out-of-contract rates set by the supplier, typically materially higher than fixed-rate offers. Verify the regional figure on Drax's own published schedule before relying on it.
Latest published rates
Effective 2026-05-01Gas
Not offered
Drax is principally an electricity supplier, no business gas variable rates published.
Last reviewed 2026-05-05. Always verify rates with the supplier before relying on them.
Drax business profile
Independent company data for the licensed retail entity, drawn from the latest filed accounts and statutory registers. Refreshed monthly. Not a credit recommendation.
Last refreshed 7 May 2026
- Risk band
- Stable
- Score 64/100
- Healthy, broadly stable profile with no immediate concerns.
- Recommended credit limit
- £11m
- Provider's guidance, not a Purely Energy recommendation.
- Turnover (latest filed)
- £3.4bn
- Year ending 31 December 2024
- Total assets
- £962m
- Creditor days 1
- Headcount (filed)
- 405
- As of 31 December 2024
- Growth score
- 61/100
- Next accounts due
- 30 September 2026
5-year financial trend
Turnover CAGR +25.1% over 4 years
| Year ending | Turnover | YoY | Operating profit | EBITDA | Total assets | Employees |
|---|---|---|---|---|---|---|
| 31 December 2024 | £3.4bn | -19.8% | £62m | £67m | £962m | 405 |
| 31 December 2023 | £4.2bn | +27.2% | £82m | £86m | £910m | 398 |
| 31 December 2022 | £3.3bn | +94.5% | £-7.3m | £-4.4m | £1bn | 397 |
| 31 December 2021 | £1.7bn | +23.5% | £13m | £16m | £631m | 374 |
| 31 December 2020 | £1.4bn | - | £-14m | £-10m | £489m | 381 |
Sourced from filed accounts at Companies House. YoY = year-on-year turnover change. CAGR = compound annual growth rate across the window shown.
Latest filed profit and loss
Year ending 31 December 2024
- Turnover
- £3.4bn
- Gross profit
- £117m
- Operating profit
- £62m
- Pre-tax profit
- £78m
- EBITDA
- £67m
Registered office
Drax Power Station, Drax, Selby, North Yorkshire, YO8 8PH
Yorkshire and The Humber · North Yorkshire
Auditor
Pricewaterhousecoopers LLP
Active officers· 28 on the public register
- MR BRETT GLADDEN· D· since 2019LinkedIn ↗
- MR PHILIP JOHN HUDSON· D· SOLICITOR· since 2009LinkedIn ↗
- PAUL LLEWELLYN· D· since 2006LinkedIn ↗
- MRS MELANIE JANE KINCAID MANUEL· D· since 2008LinkedIn ↗
- MR DAVID MCCALLUM· D· since 2016LinkedIn ↗
- PETER RAYMOND BENNELL· D· DIRECTOR· since 2006LinkedIn ↗
- MR PETER RICHARD EMERY· D· DIRECTOR· since 2009LinkedIn ↗
- MR STEPHEN EDMUND FOSTER· D· ACCOUNTANT· since 2006LinkedIn ↗
- MR ALASTAIR DOUGLAS FRASER· D· DIRECTOR· since 2008LinkedIn ↗
- MR DWIGHT DANIEL WILLARD GARDINER· D· COMPANY DIRECTOR· since 2016LinkedIn ↗
Plus 18 more on the public register.
Industry (SIC07)
- 35110: Production of electricity · ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY
- 35140: Trade of electricity · ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY
Trading history and former names
- HAVEN POWER LIMITED, 2006 to 2021
Outstanding charges
8 on the public register
- DEUTSCHE BANK AG, LONDON BRANCH (AS SECURITY AGENT) · 18 December 2025
- DEUTSCHE BANK AG, LONDON BRANCH · 19 August 2024
- DEUTSCHE BANK AG, LONDON BRANCH · 2 May 2024
Public contact details
- Website
- www.drax.com
- Telephone
- +441473725943
- contactus@havenpower.com
VAT number GB818290029
Frequently asked
Drax: questions answered
What is Drax's credit rating and financial position?
Based on the latest filed accounts at Companies House, DRAX ENERGY SOLUTIONS LIMITED has a credit score of 64/100, a derived risk band of Stable, a recommended credit limit of £11m, turnover of £3.4bn (FY24). Full figures and source filings are in the business profile section above.
What is Drax's registered office and how do I contact them?
DRAX ENERGY SOLUTIONS LIMITED's registered office is Drax Power Station, Drax, Selby, North Yorkshire, YO8 8PH. Public contact details: telephone +441473725943, email contactus@havenpower.com. For broker enquiries via Purely Energy, see the contact panel above.
What are Drax's turnover and financial accounts?
DRAX ENERGY SOLUTIONS LIMITED's most recently filed accounts (year ending 2024) show turnover of £3.4bn, operating profit of £62m, total assets of £962m, 405 employees. Annual accounts are filed at Companies House and refreshed in our profile monthly.
What are Drax's out-of-contract rates for businesses?
As of 2026-05-01, Drax's out-of-contract rates are electricity at 32.62p/kWh with a 300p/day standing charge. Rates vary by region and meter type — verify on Drax's own published schedule before relying on them.
Is Drax safe for business customers?
DRAX ENERGY SOLUTIONS LIMITED holds a valid Ofgem electricity and gas supply licence, files audited accounts at Companies House, with latest turnover of £3.4bn. We do not give financial advice; verify the latest filings and any recent enforcement actions before signing a long-term contract.
Can I get a fixed business gas or electricity quote from Drax via Purely Energy?
Yes. As an independent broker we tender against Drax alongside 30+ tier-1 UK suppliers. Each quote breaks the unit price into wholesale energy, non-commodity costs, supplier margin, and our broker margin so you see exactly what you are paying. Request a comparison via the buttons above.
Sources and references
- Companies House filing 05893966
- Citizens Advice non-domestic supplier league table
- Drax published deemed rates
- Ofgem supply licence register
- All 15 UK suppliers' out-of-contract rates compared
We are an independent UK B2B energy broker. Profile data is sourced from the public registers above and refreshed monthly. Not a credit recommendation. Verify recent filings before relying on any figure.
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