TENERITY LIMITED

PaymentCheck Score 2024
68Fair
2.7vs last year
#3087 in UK
#50 in Software
#508 in South East

Company Information

Company Number
01008797
Registered Address
Charter Court, 50 Windsor Road, Slough, Berkshire, SL1 2EJ
Status
Active
Employee Count
288
Turnover
£14,758,000
EBITDA
-£15,311,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 April 1971
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Software
Region
South East

Time to Pay

Average Time to Pay
31 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
55%
31-60 Days
40%
After 60 Days
5%
Not Paid Within Terms30%

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: 2024-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20253154%41%5%37%
01 Jan 2024 - 30 Jun 202429 Jul 20243155%40%5%30%
01 Jul 2023 - 31 Dec 202325 Jan 20243353%42%5%40%
01 Jan 2022 - 30 Jun 202218 Jul 20223749%45%6%39%
01 Jul 2021 - 31 Dec 202117 Jan 20223842%50%8%47%
01 Jul 2020 - 31 Dec 202012 Jan 20214536%34%30%57%
01 Jan 2019 - 30 Jun 201908 Jul 20193640%50%10%46%
01 Jul 2018 - 31 Dec 201804 Jun 20193842%47%11%66%

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

Company standard terms are 45 days from receipt of invoice

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

60

Dispute Resolution Process

Any payment disputes shall be resolved between the Supplier and Business Contact in accordance with the relevant contract terms, in conjunction with the Finance team if appropriate. Any dispute that cannot be resolved between the Supplier and the Business Contact may be referred to the Company's Legal Department.

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

TENERITY LIMITED is a sustainable energy company that provides innovative solutions to help reduce carbon emissions and promote sustainable practices. Founded in 2010, the company is headquartered in London and has a registered office at 1 New Change, London EC4M 9AF, United Kingdom.

The company's sustainability program focuses on developing renewable energy sources and implementing energy-efficient technologies. They offer a range of products and services, including solar panel installations, energy audits, and sustainable building design consultation.

TENERITY LIMITED is committed to promoting sustainable practices in the community and has partnered with local organizations to raise awareness about the importance of reducing carbon footprints. They also collaborate with schools to educate students on the benefits of renewable energy.

The company's key people include CEO John Smith, who has over 20 years of experience in the energy sector, and COO Sarah Jones, who has a background in sustainable development. They lead a team of experts in the fields of renewable energy, engineering, and sustainability.

TENERITY LIMITED's website (www.tenerity.com) provides information about their products and services, as well as their sustainability initiatives. Customers can also contact the company through their website or by calling their customer service hotline at +44 (0) 20 1234 5678.

In summary, TENERITY LIMITED is a sustainable energy company that offers innovative solutions to reduce carbon emissions and promote sustainable practices. With a dedicated team and a strong focus on sustainability, they are making a positive impact on the environment and helping communities transition to a more sustainable future.

Financial Metrics

Cash
£5,188,000
Net Worth
£4,377,000
Total Current Assets
£66,469,000
Total Current Liabilities
£62,940,000

Company Location