EQUION ENERGIA LIMITED
Company Details
Registration Number
00629687
Registered Address
11th Floor 200 Aldersgate Street London England EC1A 4HD
Company Status
Active
Employee Count
24
Turnover
£240,000
EBITDA
£-5,734,000
Additional Information
Website
equion-energia-gas.comCompany Type
Private limited Company
Incorporated on
5 June 1959
Nature of Business (SIC)
06100 - Extraction of crude petroleum
06200 - Extraction of natural gas
Industries
Oil and gas
Region
LondonCompany Location
Financial Overview
£8,744,578
£273,730,924
Last Reporting Period
Filed
25 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
18 days
Payment Periods
Shortest
30 days
Longest
0 days
Max Contractual
30 days
Payment Timeline
Not Paid Within Terms
15%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 18 | 85% | 15% | 0% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 23 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 23 | 83% | 7% | 10% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 25 | 100% | 0% | 0% | 12% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 26 | 86% | 14% | 0% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 8 | 93% | 0% | 7% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 11 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 12 | 100% | 0% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 19 | 100% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 20 | 92% | 8% | 0% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 16 | 100% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 28 Jul 2018 | 19 | 100% | 0% | 0% | 0% |
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
Company Review
Trend Analysis
The average time taken by EQUION ENERGIA LIMITED to pay invoices has been fluctuating over the past three periods, with a decrease in 2020 and an increase in 2021. However, in the most recent period (2023-07-01 to 2023-12-31), there has been a slight decrease in the average time taken to pay invoices compared to the previous period.
Volatility Analysis
The volatility of the average time taken to pay invoices by EQUION ENERGIA LIMITED has been relatively low, with only minor fluctuations over the past three periods.
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
Any other information about payment terms
N/A
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?
❌
