EASTERN POWER NETWORKS PLC
Company Information
- Company Number
- 02366906
- Registered Address
- Newington House, 237 Southwark Bridge Road, London, SE1 6NP
- Status
- Active
- Employee Count
- 0
- Turnover
- £863,100,000
- EBITDA
- £545,300,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 1 April 1989
- Nature of Business
- 35130 - Distribution of electricity
- Industries
- Coming Soon
- 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 | 3 | 100% | 0% | 0% | 0% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 4 | 100% | 0% | 0% | 0% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 6 | 100% | 0% | 0% | 0% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 4 | 100% | 0% | 0% | 0% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 5 | 100% | 0% | 0% | 0% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 5 | 100% | 0% | 0% | 0% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 5 | 100% | 0% | 0% | 0% |
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
Eastern Power Networks PLC is a UK-based electricity distribution company that serves over 8 million customers in the East of England, South East England, and London. The company is responsible for maintaining and operating the electricity network, ensuring that homes and businesses have a reliable supply of electricity.
As part of their commitment to sustainability, Eastern Power Networks PLC has implemented a number of initiatives to reduce their environmental impact. This includes investing in renewable energy sources, such as solar and wind power, and promoting energy efficiency among their customers.
The company offers a range of products and services to their customers, including connection services for new electricity supplies, metering services, and energy-saving advice. They also have a dedicated team to support vulnerable customers, providing them with personalized services and assistance.
The key people at Eastern Power Networks PLC include the Chief Executive Officer, Stuart Hogarth, and the Chairman, Peter Jones. The company also has a Board of Directors and a team of experienced managers and employees who work together to ensure the smooth operation of the electricity network.
For more information about Eastern Power Networks PLC, their products and services, and their sustainability program, you can visit their website at www.ukpowernetworks.co.uk. Their registered office address is at Fore Hamlet, Ipswich, Suffolk, IP3 8AA.
