RWE RENEWABLES UK SWINDON LIMITED

PaymentCheck Score 2025
82Good
4.3vs last year
#1569 in UK
#134 in Property
#82 in South West

Company Information

Company Number
02550622
Registered Address
Windmill Hill Business Park, Whitehill Way, Swindon, Wiltshire, SN5 6PB
Status
Active
Employee Count
0
Turnover
£511,237,000
EBITDA
-£311,457,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 October 1990
Nature of Business
35110 - Production of electricity
64209 - Activities of other holding companies not elsewhere classified
Industries
Property,Infrastructure And Construction
Region
South West

Time to Pay

Average Time to Pay
30 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
87%
31-60 Days
9%
After 60 Days
4%
Not Paid Within Terms8%

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: 2025-01-29
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 202530 Jul 20253582%13%5%11%
01 Jul 2024 - 31 Dec 202429 Jan 20253087%9%4%8%
01 Jan 2024 - 30 Jun 202426 Jul 20243186%10%4%8%
01 Jul 2023 - 31 Dec 202330 Jan 20243085%12%3%11%
01 Jan 2022 - 30 Jun 202229 Jul 20223663%23%14%32%
01 Jul 2021 - 31 Dec 202128 Jan 20222677%19%4%23%
01 Jan 2021 - 30 Jun 202129 Jul 20213157%38%5%38%
01 Jan 2020 - 30 Jun 202028 Jul 20202880%20%0%18%
01 Jul 2019 - 31 Dec 201928 Jan 20202786%13%1%12%
01 Jan 2019 - 30 Jun 201926 Jul 20192784%16%0%15%
01 Jul 2018 - 31 Dec 201829 Jan 20192685%14%0%12%
01 Jan 2018 - 30 Jun 201827 Jul 20182683%16%1%13%

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

Standard payment terms for projects is 30 days from receipt of a valid invoice and 60 days for all other business areas. Variations are agreed for individual circumstances

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Invoices that cannot be validated are queried out to the business using an integrated workflow solution which is constantly monitored to ensure responses are received in the required timescales. Vendors contact a Shared Service Centre Help desk with any queries. A ticketing solution is used to monitor queries where the answer is not provided instantly.

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

RWE RENEWABLES UK SWINDON LIMITED is a British renewable energy company that specializes in providing sustainable energy solutions. The company is a subsidiary of RWE AG, one of the leading energy companies in Europe.

The company's sustainability program focuses on reducing carbon emissions and promoting renewable energy sources. They have set targets to reduce their own carbon footprint and are committed to investing in clean energy projects. RWE RENEWABLES UK SWINDON LIMITED also works towards promoting biodiversity and protecting the environment.

Their products and services include wind energy, solar energy, and biomass energy solutions. They have a portfolio of onshore and offshore wind farms, as well as solar and biomass plants across the UK. The company also offers energy storage solutions and is constantly innovating to provide sustainable and efficient energy solutions to their customers.

The key people at RWE RENEWABLES UK SWINDON LIMITED include their Managing Director, Matthew Swanwick, and their Head of Operations and Maintenance, Andy Kirk. They have a dedicated team of professionals who are committed to driving the company's sustainability goals.

The company's website address is https://www.rwe.com/en/uk. Their registered office address is RWE RENEWABLES UK SWINDON LIMITED, Windmill Hill Business Park, Whitehill Way, Swindon, SN5 6PB. They can also be contacted via email at info@rwe.com or by phone at +44 (0) 1793 832000.

Financial Metrics

Cash
£0
Net Worth
£1,857,916,000
Total Current Assets
£2,080,094,000
Total Current Liabilities
£380,922,000

Company Location