CORONA ENERGY RETAIL 4 LIMITED
Company Information
- Company Number
- 02798334
- Registered Address
- Building 2 Level 2, Croxley Park, Watford, United Kingdom, WD18 8YA
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 March 1993
- Nature of Business
- 35140 - Trade of electricity35220 - Distribution of gaseous fuels through mains
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
CORONA ENERGY RETAIL 4 LIMITED demonstrates an exceptionally strong payment trend, consistently settling invoices with an average payment time of just 14 days. A remarkable 97% of payments are made within 30 days, indicating a highly reliable and prompt payment trajectory.
Volatility Analysis
Payment volatility is very low, as evidenced by only 3% of invoices being paid between 31-60 days and absolutely no payments exceeding 60 days. This pattern signals high predictability and strong reliability, presenting minimal risk of significant payment delays for suppliers.
Summary Analysis
Suppliers can engage with CORONA ENERGY RETAIL 4 LIMITED with high confidence, given their consistently prompt average payment time of 14 days and 97% on-time payments. Key decision factors include their excellent payment speed and reliability; while minimal, monitoring the 3% late payments for any deviation is a prudent, albeit low-priority, risk mitigation.
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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 14 | 97% | 3% | 0% | 3% |
| 01 Sept 2024 - 31 Mar 2025 | 24 Apr 2025 | 15 | 97% | 3% | 0% | 3% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 18 | 97% | 3% | 0% | 3% |
| 01 Apr 2023 - 30 Sept 2023 | 27 Oct 2023 | 14 | 95% | 5% | 0% | 5% |
| 01 Oct 2022 - 31 Mar 2023 | 12 May 2023 | 23 | 81% | 14% | 5% | 19% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 17 | 87% | 10% | 3% | 13% |
| 01 Apr 2021 - 31 Mar 2022 | 29 Apr 2022 | 16 | 97% | 2% | 1% | 3% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 15 | 98% | 2% | 0% | 2% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 18 | 99% | 1% | 0% | 11% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 18 | 98% | 1% | 0% | 12% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 1 | 99% | 1% | 0% | 12% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 1 | 99% | 0% | 0% | 13% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 4 | 97% | 2% | 1% | 53% |
| 01 Apr 2018 - 30 Sept 2018 | 24 Oct 2018 | 14 | 90% | 5% | 5% | 53% |
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 from invoice date is standard
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
30
Dispute Resolution Process
Disputes on overheads costs are investigated and responded to within 14 days. Where the charges relate to energy and related costs for meters not in the Corona portfolio, the full invoice would still be paid with a credit note being requested to offset against future balances
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
CORONA ENERGY RETAIL 4 LIMITED is an active private limited company specialising in energy retail
As a private limited company, it operates as a distinct legal entity focused on the provision of energy to customers
Incorporated on 11 March 1993, CORONA ENERGY RETAIL 4 LIMITED is registered with company number 02798334
Its registered office is located at Building 2 Level 2, Croxley Park, Watford, United Kingdom, WD18 8YA
Companies specialising in energy retail in the UK market typically provide gas and electricity supply services to businesses and domestic customers
This includes managing energy accounts, processing billing, and offering customer support
