SEABANK POWER LIMITED
Company Information
- Company Number
- 02591188
- Registered Address
- Severn Road, Hallen, Bristol, BS10 7SP
- Status
- Active
- Employee Count
- 54.0
- Turnover
- 257145000.0
- EBITDA
- 47337000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 March 1991
- Nature of Business
- 35110 - Production of electricity
- Industries
- 0
- Region
- South West
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 | 01 Feb 2024 | 20 | 92% | 7% | 1% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Jul 2023 | 17 | 94% | 5% | 1% | 7% |
| 01 Jul 2022 - 31 Dec 2022 | 02 Feb 2023 | 20 | 91% | 7% | 2% | 9% |
| 01 Jan 2022 - 30 Jun 2022 | 08 Jul 2022 | 19 | 94% | 5% | 1% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 23 | 85% | 14% | 1% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 17 | 95% | 4% | 1% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 19 Jan 2021 | 16 | 96% | 3% | 1% | 4% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 17 | 96% | 4% | 0% | 4% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Jan 2020 | 18 | 94% | 5% | 1% | 5% |
| 01 Jan 2019 - 30 Jun 2019 | 15 Jul 2019 | 19 | 91% | 7% | 2% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 15 Jan 2019 | 20 | 86% | 13% | 1% | 13% |
| 01 Jan 2018 - 30 Jun 2018 | 14 Sept 2018 | 22 | 83% | 11% | 6% | 18% |
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
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
Any other information about payment terms
None
Maximum contractual payment period agreed
60
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available