SPIRIT ENERGY RESOURCES LIMITED

PaymentCheck Score 2025
88Good
3.7vs last year
#1085 in UK
#87 in Property
#188 in South East

Company Information

Company Number
02855151
Registered Address
Millstream, Maidenhead Road, Windsor, Berkshire, SL4 5GD
Status
Active
Employee Count
0
Turnover
£420,108,000
EBITDA
£102,590,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 September 1993
Nature of Business
06100 - Extraction of crude petroleum
Industries
Property,Infrastructure And Construction
Region
South East

Time to Pay

Average Time to Pay
30 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
90%
31-60 Days
8%
After 60 Days
2%
Not Paid Within Terms10%

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: 2025-07-31
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 202531 Jul 20253090%8%2%10%
01 Jul 2024 - 31 Dec 202430 Jan 20252894%6%0%6%
01 Jan 2024 - 30 Jun 202430 Jul 20242895%5%0%5%
01 Jan 2022 - 30 Jun 202225 Jul 20222797%3%0%3%
01 Jul 2021 - 31 Dec 202125 Jan 20222892%7%1%8%
01 Jan 2021 - 30 Jun 202130 Jul 20212982%17%1%18%
01 Jan 2020 - 30 Jun 202029 Jul 20203468%25%7%32%
01 Jan 2019 - 30 Jun 201929 Jul 20191493%7%0%43%
01 Jul 2018 - 31 Dec 201828 Jan 20194365%18%17%35%
01 Jan 2018 - 30 Jun 201830 Jul 20183367%23%10%34%

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

We have standard payment terms of 30 days from date of receipt of invoice, but the procurement organisation allows for shorter payment terms for smaller suppliers during the contract negotiation process.

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

Any disputes the suppliers should contact their specific contact in Accounts Payable spiritenergyap@spirit-energy.com The Accounts Payable team will consider the complaint and respond accordingly.

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

SPIRIT ENERGY RESOURCES LIMITED is an energy company based in the United Kingdom. They are focused on providing sustainable energy solutions to their customers while also prioritizing environmental conservation.

Their sustainability program includes initiatives such as reducing carbon emissions, using renewable energy sources, and promoting energy efficiency. They also have a strong focus on community engagement and supporting local communities through various projects.

The company's main products and services include natural gas and electricity supply, as well as energy consulting and management services for businesses. They also offer customized energy solutions to meet the specific needs of their clients.

The key people at SPIRIT ENERGY RESOURCES LIMITED include their CEO, who is a seasoned energy industry professional, and their team of experts in various fields such as renewable energy, sustainability, and customer service.

Their registered office address is located in London, and their website address is https://www.spirit-energy.co.uk/. Customers can also contact them through their customer service hotline or by email.

In summary, SPIRIT ENERGY RESOURCES LIMITED is a leading energy company in the UK, focused on providing sustainable energy solutions while also prioritizing community and environmental well-being. Their products and services, along with their commitment to sustainability, make them a reliable and responsible choice for energy needs.

Financial Metrics

Cash
£468,000
Net Worth
-£17,738,000
Total Current Assets
£197,967,000
Total Current Liabilities
£292,704,000

Company Location