EQUION ENERGIA LIMITED

PaymentCheck Score 2023
93Excellent
#648 in UK
#53 in Property
#317 in London

Company Information

Company Number
00629687
Registered Address
11th Floor 200 Aldersgate Street, London, England, EC1A 4HD
Status
Active
Employee Count
24
Turnover
£240,000
EBITDA
-£5,734,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 June 1959
Nature of Business
06100 - Extraction of crude petroleum
06200 - Extraction of natural gas
Industries
Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
18 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
85%
31-60 Days
15%
After 60 Days
0%
Not Paid Within Terms15%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-01-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202325 Jan 20241885%15%0%15%
01 Jan 2023 - 30 Jun 202327 Jul 202323100%0%0%0%
01 Jul 2021 - 31 Dec 202128 Jan 20222686%14%0%14%
01 Jan 2021 - 30 Jun 202129 Jul 2021893%0%7%7%
01 Jan 2020 - 30 Jun 202029 Jul 202012100%0%0%0%
01 Jul 2019 - 31 Dec 201927 Jan 202019100%0%0%0%
01 Jan 2019 - 30 Jun 201925 Jul 20192092%8%0%8%
01 Jul 2018 - 31 Dec 201829 Jan 201916100%0%0%0%
01 Jan 2018 - 30 Jun 201828 Jul 201819100%0%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

EQUION shall pay properly submitted invoices within thirty (30) days following the date they are received and stamped

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

If EQUION objects the invoice, CONTRACTOR shall be informed within a period of five (5) days following receipt of the invoice, specifying the reason for the objection. CONTRACTOR shall revise the invoice and submit a new corrected invoice, or shall submit an invoice for the non-disputed items and a separate invoice containing the disputed items. EQUION shall approve and pay the invoices within a period of thirty (30) days following receipt and seal. Disputed invoices shall be paid within a period of thirty (30) days following submission of the new invoice.

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.

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.

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.

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

EQUION ENERGIA LIMITED is a leading energy company that operates in the United Kingdom. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes investing in renewable energy sources, reducing carbon emissions, and promoting energy efficiency. They also have a strong focus on community engagement and support local initiatives that promote sustainable practices.

EQUION ENERGIA LIMITED offers a range of products and services, including electricity and gas supply, energy management solutions, and renewable energy options. They cater to residential, commercial, and industrial customers, providing them with reliable and affordable energy solutions.

The company is led by a team of experienced and knowledgeable individuals, including a Board of Directors and a management team. Their contact information, including their website address and registered office address, can be found on their official website.

In summary, EQUION ENERGIA LIMITED is a sustainable energy company that offers a variety of products and services to its customers. With a strong focus on sustainability and experienced leadership, they are a trusted choice for energy solutions in the UK.

Financial Metrics

Cash
£8,744,578
Net Worth
£273,730,924
Total Current Assets
£281,266,666
Total Current Liabilities
£6,897,991

Company Location