VEOLIA ENERGY UK PLC

Company Information

Company Number
00883131
Registered Address
210 Pentonville Road, London, N1 9JY
Status
Active
Employee Count
23
Turnover
Coming Soon
EBITDA
-£4,786,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 July 1966
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
66 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
55%
31-60 Days
25%
After 60 Days
20%
Not Paid Within Terms55%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2018-07-19
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201819 Jul 20186655%25%20%55%

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

Our business standard payment terms for vendors dealing with Veolia UK companies are 45 days end of month from the receipt of the invoice (i.e. vendors are paid at the end of the month following a 45 day period from the date of receipt by Veolia of a valid invoice). However we do still have some legacy payment terms which are affecting our paid on time statistics.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Please see more information about Veolia’s payment terms in our Terms and Conditions which can be found by accessing the following link under the section Veolia Group - General Conditions of Supply (Conditions of Purchase): https://www.veolia.co.uk/supplier-information

Maximum contractual payment period agreed

90

Dispute Resolution Process

We work with our suppliers to ensure that disputes are resolved in a timely manner. If a supplier has a dispute they should call our Financial Shared Service Centre on 020 3567 2000 or email Accounts Payable on uk.veolia.waste-accountspayable.ext.groups@veolia.com. According to our Terms & Conditions, which are available on our website, the Supplier shall be entitled to charge interest on any undisputed overdue payments from the due date for payment until the date of payment at a rate of two per cent (2%) above the current bank rate per annum as published by the Bank of England.

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

VEOLIA ENERGY UK PLC is a leading provider of sustainable energy solutions in the United Kingdom. The company is committed to promoting environmental sustainability through its operations and has implemented various initiatives to reduce its carbon footprint.

The company offers a range of products and services including energy management, renewable energy solutions, and waste management. It also provides energy consultancy services to help businesses and organizations become more energy-efficient.

VEOLIA ENERGY UK PLC's sustainability program focuses on reducing its impact on the environment by promoting energy efficiency, reducing waste, and increasing the use of renewable energy sources. The company has set ambitious targets to reduce its carbon emissions and has invested in renewable energy projects such as wind and solar power.

Key people in the company include Estelle Brachlianoff, the Senior Executive Vice President UK & Ireland, and Gavin Graveson, the Executive Vice President, UK & Ireland.

The company's website address is www.veolia.co.uk, where customers can find more information about their products and services, as well as their sustainability initiatives. VEOLIA ENERGY UK PLC's registered office address is 210 Pentonville Road, London, N1 9JY, United Kingdom.

In summary, VEOLIA ENERGY UK PLC is a leading company in the UK energy market, providing sustainable solutions and promoting environmental responsibility. With its range of products and services, commitment to sustainability, and experienced leadership team, the company is well-positioned to continue its success in promoting a greener future for the UK.

Financial Metrics

Cash
£0
Net Worth
-£23,871,000
Total Current Assets
£2,582,000
Total Current Liabilities
£24,156,000

Company Location