ELECTRA PRIVATE EQUITY PLC
Company Information
- Company Number
- 00303062
- Registered Address
- C/O Dwf Company Secretarial Services Limited 1 Scott Place, 2 Hardman Street, Manchester, United Kingdom, M3 3AA
- Status
- Active
- Employee Count
- 6
- Turnover
- £6,500,000
- EBITDA
- -£5,700,000
Additional Details
- Website
- https://electraequity.com/
- Company Type
- Public limited Company
- Incorporated On
- 15 July 1935
- Nature of Business
- 64301 - Activities of investment trusts
- Industries
- Financial Services
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 9 | 100% | 0% | 0% | 0% |
| 01 Oct 2020 - 31 Mar 2021 | 22 Apr 2021 | 10 | 99% | 1% | 0% | 0% |
| 01 Apr 2019 - 30 Sept 2019 | 03 Oct 2019 | 14 | 94% | 6% | 0% | 0% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Electra Private Equity PLC, as standard, pays all its suppliers within 30 days upon receipt of invoice. Variations to these standard payment terms are by exception only, and only applied when negotiated and agreed by both parties.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
Dispute resolution process: a query, dispute or difference arises between Electra Private Equity PLC and its suppliers are resolved by the Frostrow team. If required, the dispute can be escalated to a senior representative who shall use their reasonable endeavours to resolve the dispute within 30 days of the date on which such dispute was referred to them. For Electra Private Equity PLC, the escalation point would be the Group Chief Financial and Operating Officer. Electra currently has minimal disputes related to payments as a result of continued contact and a good working relationship with its suppliers. Electra pays within 30 days with the only exceptions being items on dispute. Electra reviews supplier contracts to ensure payment terms and dispute mechanisms meet the needs of the business.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
ELECTRA PRIVATE EQUITY PLC is a UK-based investment firm that specializes in private equity and venture capital. The company was founded in 1976 and is listed on the London Stock Exchange.
Sustainability is a key focus for ELECTRA PRIVATE EQUITY PLC, and the company has a dedicated sustainability program in place. This program aims to ensure that all of its investments and operations are conducted in an environmentally and socially responsible manner. The company also actively seeks out investment opportunities in sustainable and socially responsible companies.
ELECTRA PRIVATE EQUITY PLC offers a range of investment products and services, including private equity, venture capital, and debt financing. The company's portfolio consists of a diverse range of businesses across various industries, such as consumer goods, healthcare, and technology.
The key people at ELECTRA PRIVATE EQUITY PLC include the Chairman, Neil Johnson, and the CEO, Alex Fortescue. They are supported by a team of experienced professionals with extensive expertise in private equity and investment management.
The registered office address for ELECTRA PRIVATE EQUITY PLC is located at Paternoster House, 65 St Paul's Churchyard, London, EC4M 8AB, United Kingdom. The company's website address is www.electraequity.com, where more information about their services and sustainability program can be found.
