INTERNATIONAL POWER LTD.
Company Information
- Company Number
- 02366963
- Registered Address
- Rooms 481 - 499 Second Floor, Salisbury House, London Wall, London, England, EC2M 5SQ
- Status
- Active
- Employee Count
- 179
- Turnover
- Coming Soon
- EBITDA
- -£6,613,000
Additional Details
- Website
- https://engie.com
- Company Type
- Private limited Company
- Incorporated On
- 1 April 1989
- Nature of Business
- 35110 - Production 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 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 37 | 74% | 20% | 6% | 25% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 36 | 70% | 20% | 10% | 25% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 43 | 60% | 25% | 15% | 59% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 57 | 59% | 19% | 22% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Aug 2018 | 44 | 66% | 18% | 16% | 44% |
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
Payment terms vary between ad hoc immediate payments to 60 day payment terms. The majority of International Power suppliers are paid to 30 day payment terms
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
Suppliers must submit their invoices quoting a valid purchase order to ensure the invoice can be processed and available for payment. Invoices must not be submitted prior to the goods/service being delivered. All disputes are managed via our Procure to Pay system with suppliers being notified of a dispute, via e-mail, as soon as the invoice is processed. We aim to resolve all disputes within 10 working days to ensure our supplier can be paid within agreed terms. This is, however, dependant, in part, on timely responses from the supplier to rectify any issues.
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
International Power Ltd. is a global energy company that specializes in the production and distribution of electricity and natural gas. The company was founded in 1995 and is headquartered in London, United Kingdom.
Sustainability is a key focus for International Power Ltd. as they strive to reduce their carbon footprint and promote renewable energy sources. They have implemented various sustainability programs, such as investing in renewable energy projects and reducing their emissions through efficient operations.
The company offers a wide range of products and services, including power generation, energy trading, and energy management solutions. They have operations in various countries, including the United Kingdom, United States, and Australia.
The key people at International Power Ltd. include the CEO, CFO, and other senior executives who bring extensive experience and expertise in the energy industry. They are committed to driving the company's success and promoting sustainable practices.
To contact International Power Ltd., individuals can visit their website at www.internationalpower.com or reach out to their registered office at 30 Victoria Street, London, SW1H 0ET, United Kingdom. The company also has various contact numbers and email addresses listed on their website for specific inquiries.
In conclusion, International Power Ltd. is a leading energy company that prioritizes sustainability and offers a wide range of products and services. With a dedicated team of key people and a global presence, the company is well-positioned for continued success in the energy industry.
