CENTRICA ENERGY LIMITED
Company Information
- Company Number
- 02877398
- Registered Address
- Millstream Maidenhead Road, Windsor, Berkshire, SL4 5GD
- Status
- Active
- Employee Count
- 32
- Turnover
- £779,000,000
- EBITDA
- £626,000,000
Additional Details
- Website
- https://centrica.com
- Company Type
- Private limited Company
- Incorporated On
- 2 December 1993
- Nature of Business
- 46719 - Wholesale of other fuels and related products82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 5 | 95% | 2% | 3% | 2% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 10 | 98% | 1% | 1% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 10 | 98% | 1% | 1% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 10 | 99% | 0% | 1% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 11 | 98% | 0% | 2% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 10 | 98% | 0% | 2% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 8 | 99% | 1% | 0% | 3% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 18 | 90% | 5% | 5% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 15 | 95% | 3% | 2% | 2% |
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
Centrica Energy Limited follows industry standard payment terms for energy commodity settlements which typically occur on a set date of the month and are governed by EFET and similar standard industry contracts. This in turn means that payment terms could extend up to 50 days in some instances.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
To prevent a delay in invoice processing, invoices must be clearly legible, comply with HMRC regulations and should include supplier details, purchase order number (if applicable) invoice number, invoice date and payment instructions, as well as the Centrica point of contact who requested the goods or services.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any disputes the suppliers should contact their specific contact within Accounts Payable Group. 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
Centrica Energy Limited is a British multinational energy company that operates in the production, trading, and supply of electricity and natural gas. The company is a subsidiary of Centrica plc and is headquartered in Windsor, UK.
The company's main activities involve the exploration, production, and trading of natural gas and oil. They also provide energy-related products and services to their customers, including electricity and gas supply, smart home technology, and energy efficiency solutions.
Centrica Energy Limited is committed to sustainability and has a comprehensive sustainability program in place. This includes reducing their carbon footprint, promoting renewable energy, and investing in low-carbon technologies. The company also works towards promoting energy efficiency and reducing waste in their operations.
Some of the key people in Centrica Energy Limited include Chris O'Shea, the CEO, and Kate Ringrose, the Chairman. They lead a team of experienced professionals who are dedicated to providing high-quality and sustainable energy solutions to their customers.
To contact Centrica Energy Limited, individuals can visit their website at www.centrica.com or reach out to their registered office address at Millstream, Maidenhead Road, Windsor, Berkshire, SL4 5GD, UK. The company also has a presence on social media platforms such as Twitter, LinkedIn, and YouTube.
