ADVANCED INNERGY SOLUTIONS LTD exhibits a clear trend towards slower payments, with an average payment time of 63 days.
The payment distribution, with 35% paid over 60 days and 33% classified as late, indicates a notable unreliability in prompt settlement.
Suppliers should approach ADVANCED INNERGY SOLUTIONS LTD with caution due to consistently extended payment cycles and a high late payment rate.
| 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 | 31 Oct 2025 | 68 | 24% | 39% | 37% | 35% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 66 | 22% | 38% | 40% | 39% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms of 60 days, occasional proforma invoices necessitate same day payment
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
90
Supplier invoices are typically received in PDF format. Invoices are stamped as received and various compliance checks are conducted to ensure that the invoice can be processed. Any issue with an invoice will result in said invoice being rejected back to the supplier with a note of our findings / issue, giving the supplier chance to rectify the invoice. Should a dispute arise from an Operational perspective, the requestor will contact the supplier regarding the issue at hand. The AP team will keep the invoice on hold pending the resolution of the issue raised between AIS and the Supplier
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
ADVANCED INNERGY SOLUTIONS LTD operates as an active private limited company. Its name suggests a focus on delivering advanced solutions within the innergy sector.
The company was incorporated on 19 July 1989 and is registered under company number 02405903. Its registered office is located at Unit E Quedgeley West Business Park, Bristol Road, Gloucester, GL2 4PA, placing it within the South West region of the UK.
Organisations operating in the advanced energy solutions sector in the UK typically specialise in developing and implementing innovative approaches for energy generation, management, and efficiency. This can include services such as renewable energy system design and installation, energy auditing, optimisation of existing energy infrastructure, and the provision of specialist energy technologies.