Tomato Energy (Electric Only Supplier) - Too Good To Be True ?

masonic

Boohoo said:

Has anybody got their March bill yet?

I am assuming they do them on the last day of the month. Mine was for February anyway.

My previous bills were received on 3rd Feb (for Jan) and 2nd Mar (for Feb). Perhaps there will be more of a delay with this one due to the clock change.

bristolleedsfan

Posted on Facebook group hour ago

Good Afternoon,

Thank you for your past inquiry about our services! We’re excited to let you know that we’ll be reopening registrations in the next couple of weeks.

As the cheapest electric company on the market, we offer the best rates without compromising on reliability. Spots are limited, and demand is high—so we’d love to secure a quote for you as soon as possible.

Would you like to receive your personalized quote once registrations open? Simply reply “YES” to this email, and we’ll make sure you’re among the first to access our unbeatable pricing.

If you have any questions, feel free to ask—we’re happy to help!

Looking forward to hearing from you.

MWT

lohr500 said:

QrizB said:

I think Tomato are an entirely different management and ownership team.

According to Companies House, Logicor changed name to Tomato Energy on 29/12/22.
All three of the current TE active Directors were appointed prior to the name change. 
Senapt Limited seems to be a key part of the structure as well with the same three TE Directors being actively appointed in that company.

Many of the original Logicor directors may have resigned, but there is a direct connection in terms of active directorship prior to and post name change.

That being said, and pure speculation from me, but it could well be that back in 2021/2022, the new crowd saw a weak Logicor business as a route into the energy market and stepped on board.

Tomato Energy has one issued share, that was transferred to Senapt Limited when the new crew took control, effectively severing the link with the original owners.

The late filing by Senapt is a concern as they appear to owe a little over £5m to Tomato, and that is in the 'over 1 year' category, while Tomato have roughly £11m in debtors considered to be due to be paid within 1 year, and £17m of creditors they are due to pay within 1 year.

I hope Senapt file their accounts soon, but even when they do, this, like the accounts for Tomato, only covers the period up to the end of 2023, one has to hope that the current numbers are still showing a profit, but without continued rapid growth it is going to be interesting to see how they have managed....

pete-20-11

Talking of creditors that needs paying, it looks like one company isn't happy with tomato?

masonic

pete-20-11 said:

Talking of creditors that needs paying, it looks like one company isn't happy with tomato?

Looks like the same one that was discussed a couple of days ago: https://forums.moneysavingexpert.com/discussion/comment/81378253/#Comment_81378253

Have you seen Farouk's "explanation"?

MWT

pete-20-11 said:

Talking of creditors that needs paying, it looks like one company isn't happy with tomato?

A smart meter installation and servicing company...

pete-20-11

masonic said:

pete-20-11 said:

Talking of creditors that needs paying, it looks like one company isn't happy with tomato?

Looks like the same one that was discussed a couple of days ago: https://forums.moneysavingexpert.com/discussion/comment/81378253/#Comment_81378253

Have you seen Farouk's "explanation"?

Must have missed that. Too many posts. 🤣

WibbleBaaaaaa

bristolleedsfan said:

Posted on Facebook group hour ago

Good Afternoon,

Thank you for your past inquiry about our services! We’re excited to let you know that we’ll be reopening registrations in the next couple of weeks.

As the cheapest electric company on the market, we offer the best rates without compromising on reliability. Spots are limited, and demand is high—so we’d love to secure a quote for you as soon as possible.

Would you like to receive your personalized quote once registrations open? Simply reply “YES” to this email, and we’ll make sure you’re among the first to access our unbeatable pricing.

If you have any questions, feel free to ask—we’re happy to help!

Looking forward to hearing from you.

Octopus are now the highest Sc up here in Glasgow for agile and tracker, which today is still 62p,  hence why quite a few family and work colleges are all chomping at the bit to get onto TE 40 sc lifestyle and 22p tariff.....and i suspect this will be the same across the whole UK, so it is nice to see them opening again.

Go TE.

knight123

bristolleedsfan said:

Posted on Facebook group hour ago

Good Afternoon,

Thank you for your past inquiry about our services! We’re excited to let you know that we’ll be reopening registrations in the next couple of weeks.

As the cheapest electric company on the market, we offer the best rates without compromising on reliability. Spots are limited, and demand is high—so we’d love to secure a quote for you as soon as possible.

Would you like to receive your personalized quote once registrations open? Simply reply “YES” to this email, and we’ll make sure you’re among the first to access our unbeatable pricing.

If you have any questions, feel free to ask—we’re happy to help!

Looking forward to hearing from you.

Honestly, I'm a bit skeptical that this seems to be around the same time when everyone whose switch has failed was told it'll actually happen. Think there's a chance this talk about them trying to do the switches was a lie and they were just delaying things while they sort themselves out?

Newbie_John

March bill arrived.
1) 31st is still 75% populated (so billed without those slots)
2) kWh usage matches myWatts 
3) £ usage matches myWatts

Can't really check if the clock change is addressed properly as my usage is a bit random with not much happening between 0-1am.

AND.. the bill has a new look that you can actually see some interesting facts about usage at 0-6a, 9:30-11:30 etc. rather than some odd night 0-7am usage.