UK POWER NETWORKS (TRANSPORT) LIMITED
Company Information
- Company Number
- 02891435
- Registered Address
- Newington House, 237 Southwark Bridge Road, London, SE1 6NP
- Status
- Active
- Employee Count
- 0
- Turnover
- £39,457,000
- EBITDA
- £12,267,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 January 1994
- Nature of Business
- 45200 - Maintenance and repair of motor vehicles
- Industries
- Travel And Transportation
- Region
- London
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 Apr 2025 - 30 Sept 2025 | 26 Oct 2025 | 37 | 73% | 19% | 8% | 27% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 28 | 74% | 26% | 1% | 32% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 27 | 68% | 32% | 0% | 20% |
| 01 Apr 2022 - 30 Aug 2022 | 31 Oct 2022 | 24 | 95% | 5% | 0% | 17% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 24 | 97% | 3% | 0% | 10% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 24 | 96% | 4% | 0% | 15% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 20 | 89% | 10% | 2% | 42% |
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
Standard contractual terms for goods and services are 30 days
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
All POs contain contact details of the PO creator and contact details for Accounts Payable for invoice enquiries. Suppliers can either call the PO creator to enquire about the ordered goods or services or call Accounts Payable to enquire about payment of invoices.
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
UK Power Networks (Transport) Limited is a leading electricity transmission and distribution company in the UK. The company is responsible for delivering reliable and sustainable energy to over 8 million homes and businesses across London, the South East, and the East of England.
As part of its sustainability program, UK Power Networks (Transport) Limited is committed to reducing its carbon footprint and promoting renewable energy sources. The company has invested in modern technology and infrastructure to improve the efficiency of its operations and reduce emissions. It also works closely with local communities to promote energy efficiency and encourage the use of electric vehicles.
The company's main products and services include the transmission and distribution of electricity, as well as the maintenance and operation of its network. UK Power Networks (Transport) Limited also offers services such as connecting new homes and businesses to the electricity grid, as well as providing support during power outages.
The key people at UK Power Networks (Transport) Limited include Basil Scarsella, the CEO, and Mark Ripley, the Director of Network Operations. They are supported by a team of experienced professionals who are dedicated to delivering sustainable and reliable energy to their customers.
The company's website address is www.ukpowernetworks.co.uk, where customers can find information about their services, energy-saving tips, and updates on any ongoing projects. The registered office address for UK Power Networks (Transport) Limited is 237 Southwark Bridge Road, London, SE1 6NP, United Kingdom. Overall, UK Power Networks (Transport) Limited is committed to providing efficient and sustainable energy solutions to its customers while also promoting environmental responsibility.
