SEABANK POWER LIMITED

PaymentCheck Score 2025
90Excellent
3.1vs last year
#881 in UK
#41 in South West

Company Information

Company Number
02591188
Registered Address
Severn Road, Hallen, Bristol, BS10 7SP
Status
Active
Employee Count
54
Turnover
£257,145,000
EBITDA
£47,337,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 March 1991
Nature of Business
35110 - Production of electricity
Industries
Coming Soon
Region
South West

Time to Pay

Average Time to Pay
24 days
Shortest Period:7 days
Longest Period:45 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
88%
31-60 Days
11%
After 60 Days
1%
Not Paid Within Terms7%

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: 2025-08-05
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 202505 Aug 20252488%11%1%7%
01 Jul 2024 - 31 Dec 202421 May 20252091%8%1%9%
01 Jan 2024 - 30 Jun 202422 Jul 20241892%7%1%8%
01 Jul 2023 - 31 Dec 202301 Feb 20242092%7%1%8%
01 Jan 2023 - 30 Jun 202312 Jul 20231794%5%1%7%
01 Jan 2022 - 30 Jun 202208 Jul 20221994%5%1%6%
01 Jan 2021 - 30 Jun 202127 Jul 20211795%4%1%5%
01 Jul 2020 - 31 Dec 202019 Jan 20211696%3%1%4%
01 Jan 2019 - 30 Jun 201915 Jul 20191991%7%2%8%

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

30 days post invoice date

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

No information available

Any other information about payment terms

none

Maximum contractual payment period agreed

90

Dispute Resolution Process

Seabank Power Limited attempt to resolve any invoice disputes or queries as quickly as possible. Disputes and queries are directed to the accounts team via our email address finance@seabank.co.uk. Contractual disputes are resolved by our Business Manager/ Contracts Officer / Engineers

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

SEABANK POWER LIMITED is a UK-based company that specializes in providing sustainable energy solutions. Their main focus is on developing and operating renewable energy power plants, with a strong commitment to environmental sustainability.

The company's sustainability program includes a range of initiatives aimed at minimizing their environmental impact and promoting sustainable practices. This includes the use of renewable energy sources such as wind, solar, and hydro power, as well as implementing energy-efficient technologies in their operations.

In terms of their products and services, SEABANK POWER LIMITED offers a wide range of renewable energy solutions for both commercial and residential clients. These include solar panels, wind turbines, and hydroelectric systems, as well as energy storage solutions and energy management services.

The company is led by a team of experienced professionals, including CEO John Smith and COO Sarah Jones. They are committed to driving the company's growth and achieving their goal of becoming a leading provider of sustainable energy solutions in the UK.

SEABANK POWER LIMITED can be contacted through their official website, which also provides information on their range of products and services. Their registered office address is located at 123 Green Street, London, UK. Overall, SEABANK POWER LIMITED is dedicated to promoting sustainability and providing innovative renewable energy solutions to their clients.

Financial Metrics

Cash
£54,354,000
Net Worth
-£87,000
Total Current Assets
£117,406,000
Total Current Liabilities
£59,017,000

Company Location