ORSTED SALES (UK) LIMITED
Company Information
- Company Number
- 02405635
- Registered Address
- 5 Howick Place, London, SW1P 1WG
- Status
- Active
- Employee Count
- 6
- Turnover
- £10,381,000
- EBITDA
- £19,370,000
Additional Details
- Website
- https://orstedbusiness.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 18 July 1989
- Nature of Business
- 35230 - Trade of gas through mains
- 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 2023 - 31 Dec 2023 | 22 Jan 2024 | 30 | 81% | 11% | 8% | 42% |
| 01 Jan 2023 - 30 Jun 2023 | 13 Jul 2023 | 72 | 70% | 15% | 15% | 41% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2022 | 21 | 86% | 5% | 9% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 11 Aug 2021 | 11 | 96% | 3% | 1% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 13 Mar 2020 | 10 | 97% | 2% | 1% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 10 | 97% | 2% | 1% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 10 | 97% | 2% | 1% | 11% |
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
our payment terms are often dictated by Industry standard 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
65
Dispute Resolution Process
Within the first week of receiving an invoice, we aim to process, review and validate it. If there are any queries, the Accounts Payable team or relevant employee will revert to the supplier to resolve. In the event of a dispute, we will work with the supplier until the outstanding issues are addressed and an agreement reached.
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
ORSTED SALES (UK) LIMITED is a leading energy company in the UK that specializes in the production and sale of sustainable energy solutions. The company was founded in 1991 and has its registered office in London, UK.
The main focus of ORSTED SALES (UK) LIMITED is to provide sustainable energy solutions to its customers. This is in line with their mission to create a world that runs entirely on green energy. The company offers a range of products and services including wind energy, bioenergy, and solar energy solutions.
ORSTED SALES (UK) LIMITED is committed to sustainability and has a strong sustainability program in place. The company aims to reduce its carbon footprint and promote renewable energy sources. They also have a strong focus on minimizing waste and promoting recycling.
The key people at ORSTED SALES (UK) LIMITED include the CEO, Henrik Poulsen, and the Chairman, Thomas Thune Andersen. They are supported by a team of dedicated professionals who are passionate about creating a sustainable future.
Customers can contact ORSTED SALES (UK) LIMITED through their website, which is user-friendly and provides detailed information about their products and services. The website also has a section for customer support, where customers can find answers to frequently asked questions and contact the company for any queries or concerns.
In summary, ORSTED SALES (UK) LIMITED is a leading energy company in the UK that is committed to providing sustainable energy solutions. With a strong focus on sustainability and a team of dedicated professionals, the company is making significant strides towards creating a cleaner and greener future.