UK POWER NETWORKS SERVICES (CONTRACTING) LIMITED
Company Information
- Company Number
- 02228168
- Registered Address
- Newington House, 237 Southwark Bridge Road, London, SE1 6NP
- Status
- Active
- Employee Count
- 137
- Turnover
- £110,924,000
- EBITDA
- £67,734,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 March 1988
- Nature of Business
- 35130 - Distribution of electricity
- Industries
- Energy
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Apr 2025 - 30 Sept 2025 | 26 Oct 2025 | 29 | 67% | 33% | 0% | 6% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 28 | 68% | 32% | 1% | 10% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 36 | 57% | 40% | 3% | 15% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 31 | 76% | 16% | 8% | 18% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 25 | 84% | 15% | 1% | 9% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 27 | 77% | 23% | 0% | 4% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 26 | 73% | 27% | 1% | 13% |
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
Standard contractual terms for goods and services are 30 days.
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
All POs contain contact details of the PO creator and contact details for Accounts Payable for invoice enquiries. Suppliers can either call the PO creator to enquire about the ordered goods or services or call Accounts Payable to enquire about payment of invoices.
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.
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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
UK Power Networks Services (Contracting) Limited is a leading provider of energy and sustainability solutions in the United Kingdom. Established in 2011, the company is a subsidiary of UK Power Networks, one of the largest electricity distribution companies in the UK.
The company offers a range of services including design, installation, maintenance, and management of energy infrastructure for commercial, industrial, and public sector clients. Their services also include energy efficiency and renewable energy solutions, helping their clients to reduce their carbon footprint and achieve their sustainability goals.
UK Power Networks Services (Contracting) Limited is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability team and have achieved ISO 14001 certification, demonstrating their commitment to environmental management. The company also actively promotes sustainable practices to their clients and partners.
The key people at UK Power Networks Services (Contracting) Limited include managing director Ian Smyth and finance director Nick Hannon. They lead a team of highly skilled and experienced professionals who are committed to delivering high-quality services to their clients.
Contact information for UK Power Networks Services (Contracting) Limited can be found on their website, including their registered office address and phone number. Their website also provides information on their services, sustainability program, and case studies of their projects. The company is headquartered in London, with offices in various locations across the UK.
