UK POWER NETWORKS SERVICES (COMMERCIAL) LIMITED
Company Information
- Company Number
- 02965182
- Registered Address
- Newington House, 237 Southwark Bridge Road, London, SE1 6NP
- Status
- Active
- Employee Count
- 217
- Turnover
- £61,019,000
- EBITDA
- £5,448,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 September 1994
- Nature of Business
- 43210 - Electrical installation
- Industries
- Property, Infrastructure And Construction, Property-related Goods And Services, Supply Chain, Manufacturing And Commerce Models
- 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 | 33 | 57% | 41% | 2% | 13% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 34 | 60% | 37% | 3% | 14% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 41 | 58% | 36% | 6% | 18% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 28 | 72% | 25% | 3% | 32% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 28 | 68% | 30% | 2% | 24% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 30 | 64% | 35% | 1% | 10% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 26 | 73% | 26% | 1% | 29% |
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
60
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.
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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.
❌
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 Services (Commercial) Limited is a leading utility service provider in the UK, specializing in delivering sustainable and innovative solutions for the energy sector. The company is a subsidiary of UK Power Networks, one of the largest electricity distribution network operators in the UK.
The company offers a range of services to its clients, including infrastructure development, energy management, and electricity supply. They work with various industries, such as renewable energy, transportation, and healthcare, to provide customized solutions that meet their specific energy needs.
As part of their commitment to sustainability, UK Power Networks Services (Commercial) Limited has implemented a number of initiatives to reduce their carbon footprint and promote clean energy. They have invested in renewable energy projects, such as solar and wind power, and have implemented energy efficiency measures in their operations.
Some of the key people leading the company include Managing Director, Ian Smyth, and Commercial Director, Chris Degg. They bring a wealth of experience and expertise to the company, ensuring its continued success and growth.
The company's registered office is located at 237 Southwark Bridge Road, London, SE1 6NP, United Kingdom. They can be contacted via their website, www.ukpowernetworksservices.co.uk, or by phone at +44 (0)207 130 2700.
In summary, UK Power Networks Services (Commercial) Limited is a reputable and sustainable energy solutions provider in the UK, offering customized services to various industries. Their commitment to sustainability, experienced leadership, and innovative approach make them a top choice for businesses looking for reliable and eco-friendly energy solutions.
