SSE GENERATION LIMITED
Company Information
- Company Number
- 02310571
- Registered Address
- No.1 Forbury Place, 43 Forbury Road, Reading, United Kingdom, RG1 3JH
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 31 October 1988
- Nature of Business
- 35110 - Production of electricity
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SSE GENERATION LIMITED demonstrates a strong trend of prompt payments, with an average payment time of 24 days. This indicates a consistent operational rhythm where the vast majority (95%) of invoices are settled well within a standard 30-day term.
Volatility Analysis
While 95% of payments are reliably within 30 days, there is a minor degree of volatility, as 4% extend to 31-60 days and 1% exceed 60 days. The 15% late payment rate, despite a low average payment time, suggests occasional delays for a segment of invoices, introducing a slight but manageable risk for suppliers.
Summary Analysis
Overall, SSE GENERATION LIMITED presents a low payment risk profile for potential suppliers due to its consistently fast average payment time and high percentage of on-time payments. Suppliers can proceed with high confidence; however, monitoring the 15% late payment instances for specific invoices could be a minor risk mitigation strategy.
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 | 27 Oct 2025 | 24 | 95% | 4% | 1% | 15% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 25 | 93% | 6% | 1% | 20% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 25 | 92% | 6% | 2% | 23% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 27 | 89% | 9% | 2% | 30% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 27 | 87% | 12% | 1% | 26% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 28 | 89% | 7% | 3% | 29% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 30 | 89% | 7% | 4% | 24% |
| 01 Oct 2021 - 31 Mar 2022 | 26 Apr 2022 | 32 | 86% | 8% | 6% | 27% |
| 01 Apr 2021 - 30 Sept 2021 | 26 Oct 2021 | 31 | 81% | 13% | 6% | 38% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 30 | 83% | 10% | 7% | 36% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 30 | 83% | 9% | 8% | 37% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 32 | 83% | 11% | 6% | 39% |
| 01 Apr 2018 - 30 Sept 2018 | 24 Oct 2018 | 40 | 61% | 28% | 11% | 95% |
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
SSE's standard payment terms are Nett 30 days but buyers are authorised to negotiate alternative terms with individual suppliers where appropriate.
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
45
Dispute Resolution Process
The Dispute Resolution Process is detailed within the Accounts Payable section at http://sse.com/potential-suppliers/. Alternatively suppliers can also contact the "orderer" directly using the details provided on the Purchase Order
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
SSE GENERATION LIMITED is an active private limited company specialising in the generation of power
Incorporated on 31 October 1988, SSE GENERATION LIMITED operates under company number 02310571
Its registered office is located at No.1 Forbury Place, 43 Forbury Road, Reading, United Kingdom, RG1 3JH, placing it within the South East region
Companies operating in the power generation sector in the UK typically focus on producing electricity from various sources and feeding it into the national grid
This involves the operation and maintenance of power plants, alongside the potential development of new generation assets to contribute to the nation's energy supply
