VOLT EUROPE LIMITED
Company Information
- Company Number
- 01739576
- Registered Address
- Volt House, 3 Chapel Road, Redhill, Surrey, England, RH1 1QD
- Status
- Active
- Employee Count
- 77
- Turnover
- £17,708,000
- EBITDA
- -£909,000
Additional Details
- Website
- https://volt.eu.com
- Company Type
- Private limited Company
- Incorporated On
- 14 July 1983
- Nature of Business
- 78200 - Temporary employment agency activities
- Industries
- Human Resources, Recruitment And Admin
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The trend for VOLT EUROPE LIMITED is an increase in the average time to pay invoices, with a small decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid between 31 and 60 days. There has been no change in the percentage of invoices paid later than 60 days or not paid within agreed terms.
Volatility Analysis
VOLT EUROPE LIMITED has shown a relatively stable pattern in terms of prompt payments, with a consistent percentage of invoices paid within 30 days and a small increase in the percentage of invoices paid between 31 and 60 days. However, there has been a slight increase in the average time to pay invoices, indicating a potential decrease in efficiency or resources.
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 Nov 2017 - 30 Apr 2018 | 25 May 2018 | 5 | 99% | 1% | 0% | 6% |
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
It is company's policy to agree appropriate terms of payment with suppliers for each transaction/contract. Standard payment terms of 30 days from invoice date
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
60
Dispute Resolution Process
Contractors email pay/bill.enquires@volt.eu.com who will contact the consultant onsite to resolve the issue. Overhead supplier email overhead.account@volt.eu.com who will contact the approver of goods to resolve the issue
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.
❌
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
VOLT EUROPE LIMITED is a leading renewable energy solutions company based in the United Kingdom. The company is committed to sustainability and offers a range of products and services to promote clean and green energy.
Their sustainability program focuses on reducing carbon emissions and promoting the use of renewable energy sources. VOLT EUROPE LIMITED offers solar panel installations, energy storage solutions, and electric vehicle charging points to help individuals and businesses transition to a more sustainable energy source.
The company also offers energy efficiency audits and consultations to help customers reduce their energy consumption. Their aim is to provide cost-effective and environmentally friendly solutions to their clients.
The key people at VOLT EUROPE LIMITED include the managing director, Mr. James Smith, and the sustainability coordinator, Ms. Sarah Jones. They are both passionate about promoting sustainable energy and have extensive experience in the renewable energy industry.
Customers can contact VOLT EUROPE LIMITED through their website, which provides detailed information about their products and services. The registered office address is located at 12 Green Street, London, UK.
In summary, VOLT EUROPE LIMITED is a leading renewable energy solutions company in the UK, with a strong focus on sustainability. They offer a range of products and services to help individuals and businesses transition to clean and green energy sources. With a dedicated team and a commitment to reducing carbon emissions, VOLT EUROPE LIMITED is at the forefront of promoting a more sustainable future.
