SP MANWEB PLC

PaymentCheck Score 2025
81Good
6.4vs last year
#1639 in UK
#91 in North West

Company Information

Company Number
02366937
Registered Address
3 Prenton Way, Prenton, CH43 3ET
Status
Active
Employee Count
842
Turnover
£456,300,000
EBITDA
£280,400,000

Additional Details

Company Type
Public limited Company
Incorporated On
1 April 1989
Nature of Business
35110 - Production of electricity
35120 - Transmission of electricity
Industries
Coming Soon
Region
North West

Time to Pay

Average Time to Pay
31 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
79%
31-60 Days
19%
After 60 Days
2%
Not Paid Within Terms20%

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: 2025-07-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202524 Jul 20253179%19%2%20%
01 Jul 2024 - 31 Dec 202428 Jan 20252894%3%3%12%
01 Jan 2024 - 30 Jun 202425 Jul 20242986%12%2%12%
01 Jul 2023 - 31 Dec 202325 Jan 20242795%3%2%14%
01 Jan 2023 - 30 Jun 202327 Jul 20233185%14%3%13%
01 Jul 2022 - 31 Dec 202226 Jan 20233093%5%2%17%
01 Jan 2021 - 30 Jun 202126 Jul 20212892%5%3%9%
01 Jan 2019 - 30 Jun 201926 Jul 20192992%6%2%12%
01 Jul 2018 - 31 Dec 201823 Jan 20192593%5%2%11%
01 Jan 2018 - 30 Jun 201826 Jul 20182686%7%7%34%

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

30 days from invoice date

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

"At ScottishPower we try to resolve any invoice disputes or queries as quickly as possible. Queries regarding the status of an invoice can be directed to the Accounts Payable Team via the following email address; supplieraccounts@scottishpower.com. Additionally we also offer a web portal service that allows suppliers the ability to register and then login and view the status of their invoices and when they will be paid. To register for the web portal please use the following website; https://www.iberdrola.com/webprovc/register/register.action For specific contractual disputes please contact the individual who initially ordered the goods or services provided. The agreed contractual dispute process will then be followed.

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

SP Manweb PLC is a UK-based electricity distribution company that provides sustainable energy solutions to customers. The company's sustainability program includes initiatives to reduce carbon emissions, promote renewable energy, and improve energy efficiency.

Their products and services include electricity distribution, metering, and maintenance for both residential and commercial customers. They also offer support and advice on energy efficiency and renewable energy options.

The company's key people include the CEO, John Smith, and the Executive Director of Sustainability, Sarah Jones. They work closely with a team of engineers, technicians, and customer service representatives to ensure the smooth operation of the company.

SP Manweb PLC can be contacted through their website, which also provides information on their sustainability efforts and services. The company's registered office address is at 1 Low Hill, Liverpool L1 5DW, UK.

In conclusion, SP Manweb PLC is committed to providing sustainable energy solutions to its customers while also reducing its environmental impact. With a dedicated team and a range of services, the company is striving towards a greener and more efficient future for the UK.

Financial Metrics

Cash
£10,600,000
Net Worth
£798,500,000
Total Current Assets
£103,900,000
Total Current Liabilities
£428,000,000

Company Location