E.ON UK CHP LIMITED exhibits a clear trend of extended payment cycles, with an average payment time of 51 days. A significant 48% of invoices are paid over 60 days, indicating a consistent trajectory towards protracted settlement periods rather than prompt payment. This pattern suggests a sustained operational practice of delaying supplier payments.
The high percentage of late payments (47%) and invoices settled beyond 60 days (48%) points to low predictability and reliability in E.ON UK CHP LIMITED's payment scheduling. Suppliers face considerable working capital strain and cash flow uncertainty due to this inconsistent payment behavior. These factors represent a substantial risk regarding the timely realization of revenue.
Suppliers should approach E.ON UK CHP LIMITED with caution, as the data indicates a high risk of payment delays significantly impacting cash flow. Key decision factors include a supplier's own working capital capacity and their ability to absorb extended credit periods. Consider mitigating risks by negotiating stricter payment terms, requesting partial upfront payments, or enforcing robust late payment penalty clauses.
| 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 Jan 2025 - 30 Jun 2025 | 22 Jul 2025 | 51 | 25% | 27% | 48% | 47% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 48 | 31% | 31% | 38% | 40% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 45 | 37% | 28% | 35% | 33% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
There are three standard payment terms; 45 days end of month net, due on 5th of following month; 15 days end of month less 2% discount due on 5th of following month; 15 days less 3% discount; all from invoice entry date
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
81
Disputed items are escalated to appropriate business management as necessary.
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
E.ON UK CHP LIMITED is an active private limited company specialising in Combined Heat and Power (CHP) solutions within the United Kingdom. Its operations focus on the integrated production of electricity and useful heat from a single fuel source.
Incorporated on 5 February 1992, the company holds the company number 02684288. Its registered office is located at Westwood Way, Westwood Business Park, Coventry, CV4 8LG, situated within the West Midlands region.
Companies involved in Combined Heat and Power typically provide a range of services encompassing the design, installation, operation, and maintenance of CHP plants. These systems are designed to improve energy efficiency and reduce carbon emissions for commercial and industrial organisations across the UK by simultaneously generating electricity and heat.