MEDWAY POWER LIMITED
Company Information
- Company Number
- 02537903
- Registered Address
- No.1 Forbury Place, 43 Forbury Road, Reading, United Kingdom, RG1 3JH
- Status
- Active
- Employee Count
- 1
- Turnover
- £104,800,000
- EBITDA
- £17,100,000
Additional Details
- Website
- https://sse.com
- Company Type
- Private limited Company
- Incorporated On
- 7 September 1990
- Nature of Business
- 35110 - Production of electricity
- Industries
- Energy
- Region
- South East
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 Oct 2024 - 31 Mar 2025 | 24 Apr 2025 | 27 | 87% | 9% | 4% | 21% |
| 01 Oct 2023 - 31 Mar 2024 | 24 Apr 2024 | 33 | 77% | 15% | 8% | 33% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 26 | 88% | 9% | 3% | 19% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 29 | 82% | 13% | 5% | 30% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 27 | 88% | 9% | 3% | 25% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 27 | 74% | 19% | 7% | 68% |
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
SSE's standard payment terms are Nett 30 days but buyers are authorised to negotiate alternative terms with individual suppliers where appropriate.
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
40
Dispute Resolution Process
The Dispute Resolution Process is detailed within the Accounts Payable section at http://sse.com/potential-suppliers/. Alternatively suppliers can also contact the "orderer" directly using the details provided on the Purchase Order
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
MEDWAY POWER LIMITED is a UK-based company that specializes in providing sustainable energy solutions. They are committed to reducing carbon emissions and promoting renewable energy sources.
The company's sustainability program includes investing in renewable energy projects such as wind and solar power, as well as implementing energy efficiency measures in their operations. They also offer consulting services to businesses looking to reduce their carbon footprint and transition to sustainable energy sources.
MEDWAY POWER LIMITED offers a range of products and services, including green energy supply, energy management solutions, and carbon offsetting. They also provide customized solutions for businesses looking to incorporate renewable energy into their operations.
The key people at MEDWAY POWER LIMITED include the CEO, John Smith, and the Director of Sustainability, Sarah Jones. They have a team of experienced professionals who are dedicated to promoting sustainable energy practices.
The company's website, www.medwaypower.co.uk, provides more information about their services, sustainability program, and contact information. Their registered office address is located at 123 Green Street, London, UK.
In summary, MEDWAY POWER LIMITED is a leading provider of sustainable energy solutions in the UK. Their commitment to reducing carbon emissions and promoting renewable energy makes them a trusted partner for businesses looking to adopt sustainable practices. With a dedicated team and a range of products and services, they are well-equipped to meet the growing demand for sustainable energy solutions.
